Sold

4801 Boonsboro Rd

Lynchburg, VA 24503

Sold for $295,000

on Dec 16, 2025

  • 0.63acres
  • 1961built

Listed by Walker Real Estate Solutions

About this home.

Fantastic investment opportunity in the highly sought-after Boonsboro area of Lynchburg! This well-located brick triplex features three separate units, each offering two bedrooms and private entrances, along with three individual utility meters for easy management. The two upper units include hardwood floors, fireplaces, nice bathrooms, while the lower unit provides great value-add potential with a little TLC. A shared laundry area is conveniently located in the basement with storage. Tenants will enjoy ample parking options with both off-street and on-street parking available, plus a massive backyard offering outdoor space and future improvement possibilities. This is a rare chance to own an income-producing property in one of the most desirable neighborhoods in The Hill City!

Facts and features.

The home

Type
Multi-family (Triplex)

Inside

Basement
Full
Interior features
Attic Fan, Storage

Utilities

Heating
Heat Pump Gas
Cooling
Central Air
Water source
Public

Community

HOA dues
None
County
City Of Lynchburg County

The listing

Annual tax
$2,463 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #923020

Price and status history.

8

days on market

81%

of the original asking price

DateEventPrice
Dec 16, 2025Sold$295,000
Nov 24, 2025Listed for sale$365,000

Listing information

Listing courtesy of Walker Real Estate Solutions.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided 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. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

Own a home nearby?

What's yours worth?

Sales like this one set the price of the homes around it. Tell us about yours, and we will prepare an estimate from recent nearby sales.

Get a home value estimate