Investment Opportunity in Amherst County: A Prime Development & Rental Property.Discover a rare investment opportunity in Amherst County, where significant development is underway. This expansive property spans over 14 acres and includes a charming 1900s farmhouse, two duplexes, and one triplex. Currently, there are eight rented units, including the farmhouse, providing immediate income potential.Over 14 acres of land with a 1900s farmhouse, two duplexes, and one triplex.The property boasts eight rented units, offering a steady revenue stream.Located in a rapidly developing area, this property is poised for future growth and value appreciation.Situated just minutes from local amenities such as grocery stores, shops, and restaurants, this property offers convenience and accessibility. The proximity to the 460 bypass and Route 29 ensures a quick and easy commute to Lynchburg, making it an attractive location for tenants and potential buyers.Pond on property
Pending
$875,000
228 Wildwood Acres Rd, Madison Heights, VA 24572
12beds
2,880sqft
Est.:
Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$304/sqft
$-- HOA
What's special
One triplexTwo duplexesPond on propertyExpansive property
- 268 days
- on Zillow |
- 60 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 09:54am
Listed by:
Christina Holmes 434-426-5410 christinaholmes@kw.com,
Keller Williams,
Elizabeth Howell-Jennings 434-941-1275,
Keller Williams
Source: LMLS,MLS#: 353802
Originating MLS: Lynchburg Board of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Lot
- Size: 14.32 Acres
Details
- Foundation area: 0
- Parcel number: 161A24161C22C15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1903
Utilities & green energy
- Electric: American Electric
- Sewer: County, Septic Tank
Community & HOA
Location
- Region: Madison Heights
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $617,100
- Annual tax amount: $3,702
- Date on market: 8/1/2024
- Loading