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$849,000

2525 Rivermont Ave Lynchburg, VA 24503

3,900 sqft
0.3 acres
$218 / sqft
Multi-Family

Property details

About 2525 Rivermont Ave

Early 1900s Victorian Office/Multifamily property located in the heart of Rivermont Ave. Consisting of over 3,900 SF with an unfinished 4th level and small basement for storage. Property is currently being used for professional office space with a private parking lot and great access to Rivermont Ave. Zoning allows the property to continue to be used for office or could be converted to Multi-family. Additional property features include: large wraparound porch, multiple entrances, on street parking, composite decking, slate roof, copper gutters and downspouts, 2 electric meters, (1) half bath, (2) full baths, full kitchen and small kitchenette, natural gas, multiple fireplaces and heart pine flooring throughout.

Highlights

Home typeMulti Family
HeatingHot Water, Gas
StatusActive
Size3,900 sqft
Lot size0.35 Acres
Year built1904
ParkingOn-Street
MLS #358791

Summary

  • Flooring Type: Wood Floors
  • Parking: On-Street
  • Heating: Hot Water, Gas
  • List Price: $849,000
  • Price/SqFt: $217
  • HOA Amount: $0
  • Annual Tax Amount: $3,555
  • Tax Year: 2024
  • Year Built: 1904
  • Living Area: 3,900 SqFt
  • Lot Size: 0.35 Acres
  • MLS Number: 358791
  • MLS Name: Lynchburg
  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Ricky Read

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: 8/1/2025, 10:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$399,500$3,555
2023$399,500$3,555
2022$354,100$3,930
2021$354,100$3,930
2020$336,700$3,737
2019$336,700$3,653
2018$329,100$3,653
2017$329,100$3,653

History based on county public records data.

Nearby schools

6

Dearington Elementary School

Public Magnet KG-5

1.5 mi

210 Smyth St

2

Linkhorne Elementary School

Public District KG-5

1.7 mi

2501 Linkhorne Dr

4

Madison Heights Elementary School

Public District PK-5

2.1 mi

287 Learning Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,750. Most Lynchburg, VA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
33%
35k-100k
20%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • CadillacCadillac
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Frequently asked questions

About 2525 Rivermont Ave

The listing price of 2525 Rivermont Ave property is $849,000.

The property 2525 Rivermont Ave is a multi located in Lynchburg, Virginia, 24503.

Active Listing: 2525 Rivermont Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2525 Rivermont Ave are: Dearington Elementary School (GreatSchools Rating 6/10), Linkhorne Elementary School (GreatSchools Rating 2/10), Madison Heights Elementary School (GreatSchools Rating 4/10), Linkhorne Middle School (GreatSchools Rating 2/10), P. L. Dunbar Middle School (GreatSchools Rating 4/10), Monelison Middle School (GreatSchools Rating 4/10), 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 $3,555 (source: MLS/based on county public records data).

The property 2525 Rivermont Ave is 3,900 SqFt (source: MLS/tax record).

The year of construction for 2525 Rivermont Ave is 1904.

This home is located at 2525 Rivermont Ave in Lynchburg, VA and zip code 24503 in the Woodland neighborhood. This 3,900 square foot home, which was built in 1904, sits on a 0.35 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $849,000.

In June 2025 more than 47 listings in Lynchburg, VA were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 42 were sold below. Between May and June 2025, Lynchburg, VA real estate market has seen decrease in the number of listings by 0.4%. In June 2025 median list price was $285,000 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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