2525 Rivermont Ave

Lynchburg, VA 24503

$849,000
Price
Beds
Baths
3,900 Sq. Ft.
$218 / Sq. Ft.
3,900
Sq. Ft.
$218
per Sq. Ft.

Description

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,...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.
  1. Listed by Ricky Read • Coldwell Banker Commercial Read & Company

Property Details for 2525 Rivermont Avenue

Zoning
R-4
Subdivision/Complex
Boonsboro Rd Commercial Corrid
Parking
On-Street
LISTING UPDATED: 04/23/2025 02:38 PM

Property Details for 2525 Rivermont Avenue

StatusActive
MLS #358791
Days on Market95
Taxes$3,556 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1904
Lot Size0.35 AC / 15,115 SF
CountyLynchburg Independent City

Location

Listing Courtesy of Coldwell Banker Commercial Read & Company, Ricky Read
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Building Information for 2525 Rivermont Avenue

Stories-Residences-Year Built1904Building Size-Lot Size0.35 AC / 15,115 SF

Payment Calculator

$4,745 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,448

Property Taxes

$296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2525 Rivermont Avenue

Summary
Location and General Information
  • County/City: Lynchburg
  • State: VA
  • ZIP: 24503
  • Zip Plus 4: 1525
  • Area: Lynchburg
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Tax Map/Parcel ID: 02018001
  • Estimated Taxes: $3,556.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee: 0.00
School Information
  • School District: Lynchburg
Property
Lot Information
  • Acres: 0.347
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 15115.0
  • Square Footage: 3900.0
  • Square Footage Source: Agent
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1904
  • Age: 0
  • FIPS Code: 680
  • Legal Description: RIVERMONT B BLK 95
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Special Features: Historical District
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: City
  • Water Expense: $0
  • Water: City
  • # of Water Meters: 0
  • Electric Expense: $0
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Wood Siding
Interior Features
  • Flooring: Wood Floors
  • Heating System: Hot Water-Gas
  • Limited Services: No
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 0
  • Number of Unfurnished Units: 0
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Full Baths: 0
  • Unit 1 Half Baths: 0
  • Unit 1 Rent Amount: $.00
  • Unit 1 Square Feet: 0.0
Unit 2
  • Unit 2 Full Baths: 0
  • Unit 2 Half Baths: 0
  • Unit 2 Rent Amount: $.00
  • Unit 2 Square Feet: 0.0
Unit 3
  • Unit 3 Full Baths: 0
  • Unit 3 Half Baths: 0
  • Unit 3 Rent Amount: $.00
  • Unit 3 Square Feet: 0.0
Unit 4
  • Unit 4 Full Baths: 0
  • Unit 4 Half Baths: 0
  • Unit 4 Rent Amount: $.00
  • Unit 4 Square Feet: 0.0
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Net Oper Income: $0
  • Annual Gross Income: $0

Property History for 2525 Rivermont Avenue

DateEvent & SourcePriceAppreciation
Apr 23, 2025

Listed (Active)

Lynchburg Association of REALTORS #358791

$849,000
Sep 16, 2022

Expired

Roanoke Valley Association of REALTORS #883818

Sep 16, 2021

Listed (Active)

Roanoke Valley Association of REALTORS #883818

$650,000
DateEvent & SourcePrice
04/23/2025

Listed (Active)

Lynchburg Association of REALTORS #358791

$849,000
09/16/2022

Expired

Roanoke Valley Association of REALTORS #883818

09/16/2021

Listed (Active)

Roanoke Valley Association of REALTORS #883818

$650,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2525 Rivermont Avenue

Taxable ValueLand$86,800Additions$312,700Total$399,500
Tax Record2024$3,556 ($296 / month)
Home Facts
Total Finished SqFt3,917 SqFtAbove Grade Finished SqFt3,917 SqFtStories3Lot Size15,115 SqFtStyleMiscellaneous CommercialYear Built1904ZoningR4CountyLYNCHBURG CITYAPN020 18 001

Schools near 2525 Rivermont Avenue

This home is within Lynchburg City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bedford Hills Elementary School
PublicPK to 5

Linkhorne Middle School
Public6 to 8

E.C. Glass High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2525 Rivermont Avenue is a multi-family home for sale in Lynchburg, VA 24503. This property was listed for sale on April 23, 2025 by Coldwell Banker Commercial Read & Company, it's currently listed at $849,000. This listing's school district is Lynchburg City Public Schools. Nearby schools include Bedford Hills Elementary School, Linkhorne Middle School and E.C. Glass High School. 2525 Rivermont Avenue is a 0-bed, 0-bath, 3,900 sqft multi-family home built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial Read & Company, Ricky Read

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.