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High-Upside Duplex Opportunity on a 0.44-Acre Double Lot: Move-In Ready 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Walkout Downstairs! Perfect for house-hackers or investors seeking immediate living upstairs with built-in equity downstairs. Upper level is move-in ready with mini-split HVAC, updated flooring, refrigerator, in-unit laundry, and private deck overlooking Blackwater Creek. Value-Add Lower Level: Walkout basement is fully framed for a 2-bed, 1-bath unit with separate electric meter installed and rough plumbing completed. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!

Highlights

  • Residential Income
  • Multi Family
  • Built in 1962
  • 0.44 Acre Lot
  • 67 days on Market

  • Year Built
    1962
  • Parking Features
    Off Street
  • Living Area
    1180.0
  • Appliances
    Electric Water Heater
  • Flooring
    Laminate
  • Heating
    Space Heater, Baseboard

  • Acres
    0.44
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 840 Forest Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 840 Forest Rd.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 840 Forest Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $149,900. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Lynchburg, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 840 Forest Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 840 Forest Rd at around $951. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 840 Forest Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lynchburg County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 840 Forest Rd?

In most cases, yes. Whether 840 Forest Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lynchburg's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 840 Forest Rd?

We can handle that for you. Our preferred local agent specializes in residential incomes in Lynchburg and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $149,900 with 1,180 sqft of space—that comes out to approximately $127 per square foot.

How long has this property been on the market?

840 Forest Rd was listed on September 04, 2026, which means it's been on the market for 67 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1962, making it approximately 64 years old.

What is the lot size of this property?

840 Forest Rd sits on a 0.44-acre lot, which is 19,166 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Dearington Elem
  • Middle: PL Dunbar Midl
  • High: E. C. Glass High

Want to see how these schools compare? Check out our Lynchburg County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 840 Forest Rd?

The most recent public record shows annual property taxes for 840 Forest Rd were approximately $1,173. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 840 Forest Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Lynchburg Association of REALTORS. All rights reserved.

Last Updated: November 10, 2026 at 03:43AM | Source: Lynchburg Association of REALTORS | MLS#: 369094