$2,601

closing credit¹

877 Old Rustburg Rd Lynchburg, VA 24501

$219,000
810 sqft
4.0 acres
$270 / sqft
Multi-Family

Property details

About 877 Old Rustburg Rd

Opportunity to purchase a 2 Bay Garage that includes separate office space and a patio to the office. a 1/2 bathroom is also in garage. (condition unknown). Property includes 4 acres that was utilized as a Mobile Home storage, parts and setup business in the past. 3 income producing homes on site with long-term tenants that maintain their own homes. These homes include 2 single-wides and a 1972 stick built home. Garage is not occupied and is heated with oil heat with a woodstove option. There is a 24X10 lean-to on the garage too. AG zoned, but utilized for business purposes in the past. Possible options to expand rental units on site. The Back of lot lays very nice. Owner is willing to include backhoe-loader, metal frames, welders, and other tools on site with an acceptable offer. Property is being sold AS IS. Lockbox keys will access garage.

Highlights

Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingCentral Air, Window Unit(s)
Size810 sqft
Lot size4 Acres
Year built1972
ParkingOff Street Parking
MLS #356762

Summary

  • MLS Number: 356762
  • MLS Name: Lynchburg
  • Office Name: Karl Miller Realty LLC
  • Listing Agent: Karl Miller

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: 2/15/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of garage

$219,000

877 Old Rustburg Rd

$2,601

closing credit¹

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Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$146,700$660
2023$146,700$660
2022$131,800$685

History based on county public records data.

Nearby schools

6

William M. Bass Elementary School

Public District KG-5

2.3 mi

1730 Seabury Ave

2

R. S. Payne Elementary School

Public District PK-5

3.4 mi

1201 Floyd St

3

T. C. Miller Elementary School

Public Magnet KG-5

3.6 mi

600 Mansfield Ave

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 $37,969. The most common annual income of people living in Lynchburg, VA is between $35k-100k. 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?

44%
<35k
50%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 877 Old Rustburg Rd in Lynchburg, VA and zip code 24501. This 810 square foot home, which was built in 1972, sits on a 4.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $219,000.

Lynchburg, VA housing market in January 2025 saw over 24 listings sold above listed price, more than 28 sold at listed price and over 41 sold below. In January 2025 in Lynchburg, VA there were 0.8% more homes for sale than in December. Listings spent 50 days on the market in January 2025, and had a median list price of $280,458 during the same period.

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

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