residential property details

113-115 Wallace St, Lexington Va 24450
  • $249,900
  • MLS #:137014

Square Ft:
  • 1,400 finished
  • 0.00 unfinished
  • None

Property Type: residential
Area: Lexington
Year Built: 1957
Design: Contemporary, Duplex
Garage: Carport, Double
Utilities: Cable, Electric, Gas, Public Sewer, Public Water
Cooling: Heat Pump Electric
Heating: Forced Air, Gas
Water: Public Water
Sewer: Public Sewer
Floors: Vinyl, Wood
Basement: Crawl Space
Fireplace Type: 1, Brick
Appliances: As Is, Dryer, Dryer Hookup, Electric Range, Refrigerator, Washer, Washer Hookup
Features: Cable Available, Ceiling Fan(s), Cul-de-sac, Fireplace, Storage Building, Storm Door-Front
Annual Taxes: 1898.46
Tax Year: 0
Directions: from downtown Lexington: south on US 11 Business (South Jefferson St and South Main St) to left on Wallace St; house is on a private cul-de-sac to the right, across the street from Brewbaker Field and the city pools; look for the Lexington Real Estate Connection sign
Crop Acres: 0.00
Pasture Acres: 0.00
Tillable Acres: 0.00
Wooded Acres: 0.00
First Floor Master Bedroom: Yes
Assessed Value: 0.00
Attic: Scuttle
Conservation Easement: No
Covenants: No Deed Restrictions
Current Use: Investment, Residential
Deed Book: DB553:352; WB145:433
Elementary School: Waddell
Middle School: Lylburn Downing
High School: Rockbridge Co
Fireplace Location: Living Room
Historic: No
Plat: Yes
Road Maintenance Agreement: No
Road Frontage: City Street
Rooms: 7
Subdivision? No
Tax Map #: 29-16-4B
Tax Rate: 1.06
Type of Construction: Stick Built
Zoning: Residential
Lot #: Yes
Rental Type: Yes
Recently renovated (2021-2022) Mid-Century Modern duplex a few blocks from downtown Lexington, W&L, and VMI. Rent out 1 or both units, or use one as an in-law suite. Also offers potential to be converted into a single-family dwelling. Storage on site; covered parking; yard spaces for gardening and gathering. #113 features a fireplace, large living-dining area, 1 BR/1 bath; #115 has a living-dining area, 2 BRs/1 bath. Each unit is approx 700 sq ft, nicely updated, and move-in-ready, with appliances (washer/dryer, fridge, range) included. Improvements since 2021: membrane roofing; new electrical systems (breaker boxes, wiring); refinished hardwood floors; brand new kitchen countertops, cabinetry, flooring; fresh interior and exterior paint; and new mini-split cooling units.

Updated: 6/17/22
Status: Active
Courtesy of
Lexington Real Estate Connection