About This Home

This 4-bedroom, 2-bathroom residential multi family at 289 Independence Circle in Forest, VA is listed for $265,000 ($143 per sqft). Built in 1979, the home offers 1,850 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1979
  • 0.46 acre lot

Property Details

2 full
1979
Listing Description

Rare investment opportunity in Forest, VA! 289 Independence Cir is uniquely positioned as the only duplex in a quiet, established single-family neighborhood. The property features excellent, long-term tenants (~24 and 15 years) who wish to stay, ensuring immediate stability.

Unit A (Left Side) is leased at $650/month through February 1, 2027, and the tenant handles all grass and leaf maintenance, keeping your operating expenses low. Unit B (Right Side) is leased at $700/month through September 30, 2026. Capital improvements offer major peace of mind: the roof was replaced by Cenvar in August 2015, the Unit A HVAC was replaced in 2018, and the Unit B HVAC was replaced in 2019 (both by Jordan Mechanical).

Additionally, the septic system was completely serviced in November 2025 (lines flushed, tank pumped, and distribution box cleaned) and pumped again in April 2026. Don't miss this low-maintenance, income-generating gem in a prime location. Schedule your showing today! Sold As-Is

Monthly Cost Estimate

$1,417/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77

Estimates only. Actual payments may vary.

Location

289 Independence Circle

Forest, VA 24551

Property Details

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 289 Independence Circle is listed at $265,000 ($143/sqft). The estimated monthly payment is $1,417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.46 acre lot.

This property is listed by David Evans.

DE

David Evans

Agent at Mark A. Dalton & Co., Inc.

Listed by Mark A. Dalton & Co., Inc. · Broker phone: (434) 237-6267 · View on Broker Site

MLS# 368048· Source: Lynchburg Virginia MLS· 107 days on PropertySimple

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.

289 Independence Circle, Forest, VA 24551

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