residential property details

205 Diamond St, Lexington Va 24450
  • $229,000
  • MLS #:140018


Square Ft:
  • 1,848 finished
  • 1848.00 unfinished
Neighborhood:
  • None

Property Type: residential
Area: Lexington
Year Built: 1937
Design: Duplex
Roof: Metal
Exterior Features: Deck, Fenced Yard, Porch
Garage: None
Cooling: Central Cooling
Heating: Forced Air, Gas, Heat Pump(s)
Water: Public Water
Sewer: Public Sewer
Floors: Carpet, Tile, Wood
Basement: Full, Heated, Walkout
Fireplace Type: None
Appliances: As Is, Oven, Refrigerator
Annual Taxes: 1207.00
Tax Year: 0
Directions: Main Street to Right on Diamond Street, house on right
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
Deed Book: 090004563
Elementary School: Waddell
Middle School: Lylburn Downing
High School: Rockbridge Co
Historic: No
Plat: Yes
POA: No
Road Maintenance Agreement: No
Road Frontage: City Street, Paved Road
Rooms: 8
Subdivision? No
Tax Map #: 17 6 1 19
Tax Rate: .92
Zoning: Residential
Lot #: Yes
Rental Type: Yes
Investment opportunity in the heart of Lexington! This well-located duplex offers incredible potential just up the street from Virginia Military Institute and within easy walking distance to downtown Lexington. Each unit features its own private entrance, full kitchen, spacious living room, two bedrooms, and a full bathroom--providing comfortable and functional living spaces for tenants. Outdoor living spaces on the covered front porch, back deck or fenced yard. The property has produced consistent rental income for many years, making it an excellent addition to an investment portfolio or an ideal opportunity for an owner-occupant seeking supplemental income. With strong rental history already in place, this duplex also presents exciting potential for improvements and value-add updates.

Updated: 5/11/26
Status: Active
Courtesy of
Real Broker LLC

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