#359217, James Harrington, Listing office: City Properties 2 LLC
$239,900 List price
2244 Memorial Ave Lynchburg, VA 24502
4 beds
2 full
2,304 sqft
0.1 acres
$104 / sqft
House
Property details
About 2244 Memorial Ave
Outstanding Investment Opportunity - Minutes from Liberty & University of Lynchburg! This fully vacant duplex offers an ideal setup for both seasoned investors and first-time buyers looking to build equity and generate strong cash flow. With both units move-in ready, you can place tenants at current market rents from day one. This property is perfectly positioned for long-term appreciation, tenant stability, and attractive returns. Dont miss your chance to secure a value-add asset in one of Lynchburgs fastest-growing rental markets!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size2,304 sqft
BasementYes
Lot size0.12 Acres
Year built1923
MLS #360707
Fireplace1 Fireplace
ViewOther
Summary
- Full Bathrooms: 2
- Appliances: Electric Range, Refrigerator
- Basement: Yes
- Flooring Type: Hardwood, Vinyl
- Interior: Apartment, Drywall, Main Level Bedroom, Separate Dining Room, Dryer Connection, Washer Connections
- Fireplace: 1 Fireplace
- Total Bedroom Count: 4
- View: Other
- Exterior: Rear Porch, Other
- Architectural Style: Cape Cod
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $239,900
- Price/SqFt: $104
- HOA Amount: $0
- Annual Tax Amount: $1,210
- Tax Year: 2024
- Directions: Across Memorial from E C Glass High School.
- Year Built: 1923
- Stories: 2
- Living Area: 2,304 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 360707
- MLS Name: Lynchburg
- Office Name: Keller Williams
- Office Phone: (434) 534-9113
- Listing Agent: Stephen J Acree
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 12:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 02, 2023 | Home Sold | $225,000 |
| Sep 02, 2022 | Home Sold | $110,000 |
| Sep 21, 2010 | Home Sold | $24,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $136,000 | $1,210 |
| 2023 | $90,900 | $809 |
| 2022 | $75,500 | $838 |
| 2021 | $75,500 | $838 |
| 2020 | $71,300 | $791 |
| 2019 | $71,300 | $744 |
| 2018 | $67,100 | $744 |
| 2017 | $67,100 | $744 |
History based on county public records data.
Nearby schools
6
Dearington Elementary School
Public Magnet KG-5
0.5 mi
•210 Smyth St
3
T. C. Miller Elementary School
Public Magnet KG-5
0.6 mi
•600 Mansfield Ave
2
R. S. Payne Elementary School
Public District PK-5
0.8 mi
•1201 Floyd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,419. The most common annual income of people living in Lynchburg, VA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
62%
<35k
36%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2244 Memorial Ave
The listing price of 2244 Memorial Ave property is $239,900.
The property 2244 Memorial Ave is a house located in Lynchburg, Virginia, 24502.
Active Listing: 2244 Memorial Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2244 Memorial Ave are: Dearington Elementary School (GreatSchools Rating 6/10), T. C. Miller Elementary School (GreatSchools Rating 3/10), R. S. Payne Elementary School (GreatSchools Rating 2/10), P. L. Dunbar Middle School (GreatSchools Rating 4/10), Linkhorne Middle School (GreatSchools Rating 2/10), Sandusky Middle School (GreatSchools Rating 3/10), E. C. Glass High School (GreatSchools Rating 3/10), Heritage High School (GreatSchools Rating 2/10), Brookville High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,210 (source: MLS/based on county public records data).
The last sale was on October 2, 2023 for $225,000 (source: MLS/tax record).
The property at 2244 Memorial Ave has 4 bedrooms and 2 bathrooms.
The property 2244 Memorial Ave is 2,304 SqFt (source: MLS/tax record).
The year of construction for 2244 Memorial Ave is 1923.
This home is located at 2244 Memorial Ave in Lynchburg, VA and zip code 24501 in the Miller Park neighborhood. This 2,304 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $239,900.
In June 2025, from all listings sold in Lynchburg, VA there were more than 47 sold above asking price, over 42 sold below and more than 44 were sold right at the asked price. Between May and June 2025, Lynchburg, VA real estate market has seen decrease in the number of listings by 0.4%. Listings spent 27 days on the market in June 2025, and had a median list price of $285,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.