# 1664 Graves Mill Road, Lynchburg, VA 24502

> **TL;DR:** commercial, $899,000 ($132/sqft), built 1970, 6,792 sqft. Est. $3,896/mo. Listed 53 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Price/sqft | $132 |
| Square Feet | 6,792 |
| Year Built | 1970 |
| Lot Size | 30,522 sqft (0.70 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 53 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,896 |
| **Total** | **$3,896** |

## Property Highlights

- Built in 1970
- 0.70 acre lot

## Description

### Agent Description
Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.

## Location

- **Address:** 1664 Graves Mill Road, Lynchburg, VA 24502
- **County:** Lynchburg

## Listing Agent

- **Name:** Jimmy L Rufus Jr.
- **Brokerage:** eXp Realty LLC-Stafford
- **Phone:** (866) 825-7169
- **Email:** jimrufus@outlook.com

## Primary Photo

![1664 Graves Mill Road - Primary Photo](http://lh.rdcpix.com/15eeb29cbfe6dd411b7355f468150c91l-f3078501961r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/1664-graves-mill-road-lynchburg-va-24502-s365696)*

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**MLS#:** 365696 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1664-graves-mill-road-lynchburg-va-24502-s365696)

---

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  "name": "1664 Graves Mill Road, Lynchburg, VA 24502",
  "description": "Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the pro",
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