#360073, Jill Rufus, Listing office: eXp Realty LLC-Fredericksburg
$349,969 List price
5036 Fort Ave Unit 1 & 2 Lynchburg, VA 24502
2,401 sqft
0.3 acres
$146 / sqft
Multi-Family
Property details
About 5036 Fort Ave Unit 1 & 2
Back on Market, no fault of Seller. Welcome to this well-maintained duplex offering excellent flexibility, space, and income opportunities. Unit 1 features three bedrooms, a bonus room (perfect for a home office or guest room), 1.5 baths, brand new HVAC,and a large basement offering ample storage or potential for further development. Unit 2 includes three bedrooms and one full bath, making it ideal for renters or extended family. Both units are in good condition, with functional layouts and solid rental appeal. The property is zoned for both commercial and residential use, opening the door to a variety of investment strategies or owner-occupancy with business operations. Adding even more value, a separate building in the backyard currently used for storage was previously occupied and presents a strong opportunity for a third income stream with the right updates or permitting. Minutes to LU and Wards Rd shopping. Investors or owner-occupiers, please call.
Highlights
Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size2,401 sqft
Lot size0.35 Acres
Year built1949
ParkingOff Street Parking, Parking Lot
MLS #359535
Summary
- Flooring Type: Ceramic Tile, Laminate, Vinyl, Wood Floors
- Parking: Off Street Parking, Parking Lot
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $349,969
- Price/SqFt: $145
- HOA Amount: $0
- Directions: Fort Ave in Lynchburg, across from old Haileys Appliances.
- Year Built: 1949
- Living Area: 2,401 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 359535
- MLS Name: Lynchburg
- Office Name: Realty ONE Group Leading Edge
- Listing Agent: Sulwyn Palazzo
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: 7/22/2025, 4:45:34 PM 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
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Perrymont Elementary School
Public District PK-5
0.8 mi
•409 Perrymont Ave
2
Sheffield Elementary School
Public District KG-5
1.0 mi
•115 Kenwood Pl
3
Sandusky Elementary School
Public District KG-5
1.1 mi
•5828 Apache Ln
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 $42,948. Most Lynchburg, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
40%
<35k
48%
35k-100k
10%
100k-200k
2%
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
10%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Extreme Sports
Pro Boxing
Where do the neighbors shop?
Dillards
Sam's Club
Family Dollar
Where do the neighbors go to eat?
Logan's Roadhouse
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Hyundai
Oldsmobile
Chevrolet
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 5036 Fort Ave Unit 1 & 2
The listing price of 5036 Fort Ave Unit 1 & 2 property is $349,969.
The property 5036 Fort Ave Unit 1 & 2 is a multi located in Lynchburg, Virginia, 24502.
Active Listing: 5036 Fort Ave Unit 1 & 2 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5036 Fort Ave Unit 1 & 2 are: Perrymont Elementary School (GreatSchools Rating 2/10), Sheffield Elementary School (GreatSchools Rating 2/10), Sandusky Elementary School (GreatSchools Rating 3/10), Sandusky Middle School (GreatSchools Rating 3/10), Linkhorne Middle School (GreatSchools Rating 2/10), P. L. Dunbar Middle School (GreatSchools Rating 4/10), Heritage High School (GreatSchools Rating 2/10), E. C. Glass High School (GreatSchools Rating 3/10), Brookville High School (GreatSchools Rating 5/10).
The property 5036 Fort Ave Unit 1 & 2 is 2,401 SqFt (source: MLS/tax record).
The year of construction for 5036 Fort Ave Unit 1 & 2 is 1949.
This home is located at 5036 Fort Ave Unit 1 & 2 in Lynchburg, VA and zip code 24502 in the Fort Hill neighborhood. This 2,401 square foot home, which was built in 1949, sits on a 0.35 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $349,969.
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. In June 2025 in Lynchburg, VA there were 0.4% less homes for sale than in May. In June 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $285,000.
From Rocket Homes Real Estate and based on county public records data.