Richmond VA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.06 Acres
Year built:
2024
Baths:
MLS#:
2425076
Subdivision:
Manchester Gardens

ADDITIONAL INFORMATION

NOW UNDER CONSTRUCTION and scheduled for completion in late October 2024. Conveniently located in historic Manchester near downtown, James River Park System, and new restaurants/breweries. Downstairs unit has 2 Bedrooms and 2 Baths, LVP floors, granite tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and granite kitchen countertops. Photos in listing are of a similar duplex.

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1946
Baths:
MLS#:
2425167
Subdivision:
Roslyn Heights

ADDITIONAL INFORMATION

Nestled in Richmond’s historic Barton Heights neighborhood you will find 602 E Brookland Park Boulevard. This duplex is a standout property in a rapidly evolving area of the city. Across the street from Hotchkiss Park and walking distance from many local shops & restaurants, this property provides residents with a real neighborhood experience. The property features two 2 bedroom/1 bathroom units. Off street parking is available to residents in the rear of the property. The historic Northside of Richmond has seen a recent burst of revitalization. 602 E Brookland Park Boulevard is a unique opportunity for an investor looking to expand their portfolio within Richmond City or enter the market with presence in a classic Richmond neighborhood.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1920
Baths:
MLS#:
2422645

ADDITIONAL INFORMATION

INCREDIBLE OPPORTUNITY for this UNIQUE property in the heart of the Fan! Steps away from Sticky Rice and other classic Fan restaurants and shops! This property is actually TWO PARCELS deeded together -- the main house at 1 N. Stafford and a CARRIAGE HOUSE/STUDIO located at 2330 W. Main St. SOLID RENTAL HISTORY on both units, OR live in the home and rent the carriage house! It's TWO FOR ONE! This 1,374 sq ft classic brick Fan row home features a spacious living room, dining area and kitchen on the first floor, and three bedrooms (one is a trunk room being used as a spacious walk-in closet and dressing room) and full bath (with custom glass tile flooring) upstairs. Wood floors, high ceilings -- ALL THE THINGS! Brand new upper deck! The carriage house/studio apartment provides an additional 364 square feet and is perfect for a home office, guest house, Air BnB, full time rental or studio space. There is a shared courtyard between the house and carriage house, with a locked gate for outdoor entertaining at its best. **This property is one deed with two separate tax parcels, two mailing addresses (1 N. Stafford and 2330 W. Main St) and separate utilities. (tax ID #W0001038031 main house and #W0001038030 studio). Truly an amazing opportunity and a must see!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1925
Baths:
MLS#:
2423886
Subdivision:
Lee Annex

ADDITIONAL INFORMATION

This built-as quad feature four apartments with a strong rental history and value-add opportunities. Separately metered for utilities, the property holds solid potential for investors and owner occupants alike. Each unit features a galley kitchen with dishwasher, a double parlor which opens to a gorgeous front porch and a shared backyard. Incredibly walkable and conveniently located near Carytown and Scott’s Addition.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1910
Baths:
MLS#:
2424794

ADDITIONAL INFORMATION

Discover a Historic Gem in Richmond's Heart Nestled just steps from VCU and Richmond's vibrant business district, this stunning brick building offers an unparalleled opportunity for investors. Boasting a grand foyer with soaring ceilings, hardwood floors, and elegant winding staircases, this historic property showcases exquisite original architectural details. Prime Location, Endless Potential Its prime location and versatile design make it ideal for a variety of uses, including short-term or long-term rentals. Don't miss your chance to own a piece of Richmond's history while capitalizing on a lucrative rental market. Key Features: Prime location near VCU and business district Historic brick building with original architectural details Grand foyer with soaring ceilings and hardwood floors Winding staircases Ideal for short-term or long-term rentals Tenants responsible for utilities Prop Highlts:

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1939
Baths:
MLS#:
2422263
Subdivision:
Hammond Place

ADDITIONAL INFORMATION

Built in 1939, this stately and charming duplex, located in one of the city's most desirable Northside neighborhoods, is an investor's dream home. The current owners are generating income by using both two-bedroom units as Air BnB destinations. Located just a mile from the exciting new Diamond District, as well as the popular Scott's Addition, this property offers the prospects of even greater income potential in the near future. Combined, this versatile duplex offers 4 bedrooms, 2 bathrooms, and 2092 square feet. As you approach the home, you'll be greeted by a charming brick walkway leading from the sidewalk to the welcoming front stoop. Inside, the first floor features a cozy family room (leading to a side deck), with a fireplace and ceiling fan, a dining room, perfect for gatherings, and a kitchen with gas cooking, a refrigerator, and access to the rear deck. The upstairs unit virtually mirrors that of the first floor. An HVAC system downstairs and two mini-split heating/cooling systems plus a window air conditioner in the upper unit ensure comfort and convenience on each level. This lovely property is situated on a large lot and offers a beautiful backyard offering an oasis-like area in which to enjoy an early morning cup of coffee or the gentle breezes in the late afternoon. The backyard also offers a privacy fence. There is also an unfinished basement, which is accessible through the foyer as well as a separate entrance in the backyard. The basement has a rough-in for a bathroom, a mini kitchen, and potentially one bedroom to provide additional income. Parking is easy with both off-street and on-street options available. Don't miss out on this unique opportunity—schedule a showing today to experience all that 2938 Northumberland Ave has to offer!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.01 Acres
Year built:
1910
Baths:
MLS#:
2421065

ADDITIONAL INFORMATION

Beautiful investment opportunity in the heart of the Fan! Welcome to 204 N Mulberry - a wonderful duplex being offered for sale for the first time in over 50 years. This property has been well maintained and provides walkability to many of the prime restaurants and shops that Richmond has to offer. Each unit features 2 bedrooms and plenty of living space throughout. The basement includes two large storage areas for each unit as well as separate entrances. One of the biggest highlights of this property is the three separate garages in the rear of the building, perfect for the next owner or for easy rental/income potential. Don't miss your opportunity to own a beautiful home on a highly desirable street!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1924
Baths:
MLS#:
2421086

ADDITIONAL INFORMATION

Welcome to 2111 Maplewood Avenue in the heart of RVA's Byrd Park neighborhood. This rare all-brick Quad apartment building (4 units of 780 sqft and 2 Bedrooms & 1 full bathroom each) has an outstanding rental history and a fantastic location. Perfect for city workers, VCU students or people who love to walk/run/bike in the nearby Byrd Park & Maymont! All utilities and systems are on separate meters and each unit features central air w/ gas heat, private parking and washer/dryer hook-ups in-unit. All units were refreshed with updated flooring and systems less than 10 years ago. The block has beautiful curb appeal and will be a sound investment for years to come. Fully leased through summer of 2025 and the total monthly rental income is $5,240 monthly, for a roughly 7.50% CAP Rate.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
2024
Baths:
MLS#:
2421096

ADDITIONAL INFORMATION

NOW UNDER CONSTRUCTION and scheduled for completion in late October 2024. Conveniently located in historic Manchester near downtown, James River Park System, and new restaurants/breweries. Downstairs unit has 2 Bedrooms and 2 Baths, LVP floors, granite tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and granite kitchen countertops. Photos used in this listing are from a similar duplex that was recently built/sold in the neighborhood.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1900
Baths:
MLS#:
2420785

ADDITIONAL INFORMATION

Make an offer. Calling all investors and potential owner-occupants. Nestled in the city's Fan District, 1828 Parkwood Ave- a two-story duplex, for sale and ready for its next owner. Each unit is 2-bedrooms, 1-bathroom with separately-metered electric. Each unit has central heat/air. The roof was replaced two years ago. The upstairs unit features hardwood flooring throughout, a rear balcony and all-electric cooking. The downstairs unit- also two bedrooms- has been newly turned for the next tenant or owner-occupant. Each unit includes a stackable washer/dryer. Parkwood Ave is walking distance to the many shops and amenities of this part of the city.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1975
Baths:
MLS#:
2415434
Subdivision:
Highland Park Addition

ADDITIONAL INFORMATION

Seize this incredible chance to own a charming duplex at 3202 4th Ave. Featuring a classic Vinyl siding exterior, this property includes two spacious units. Combined rental income totals $2,325 per month, making it a perfect investment for savvy buyers. Don’t miss out on this amazing opportunity to add a profitable property to your portfolio. Act quickly and make this fantastic duplex yours before it’s gone!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.32 Acres
Year built:
1979
Baths:
MLS#:
2412377
Subdivision:
Hermitage Park

ADDITIONAL INFORMATION

This 14 unit multifamily property features two-bedroom one-bathroom garden-style apartments with spacious living rooms and galley kitchen. Additional amenities include onsite laundry and approximately 10 off-street parking spaces. Located in Richmond’s Northside, the neighborhood has seen a renaissance of single-family redevelopment coupled with the resurgence of commercial retail uses nearby.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1985
Baths:
MLS#:
2410213

ADDITIONAL INFORMATION

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1894
Baths:
MLS#:
2407874

ADDITIONAL INFORMATION

Great Investment in a great location- currently vacant to sell, but has excellent rental history. Each unit features two bedrooms, a great room with an adjoining kitchen, a deck, and off-street parking. Exposed brick in the kitchens and baths, Original Pocket Doors, Ceiling fans w/lights, and non-working fireplaces with mantles in bedrooms and living room. It's a great block of the Fan with an easy walk to VCU, neighborhood markets, and some of the best restaurants. This property has wonderful features and lots of charm.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
2404007
Subdivision:
Northside Place

ADDITIONAL INFORMATION

8 Unit building, Great Investment Opportunity in a great location close to two universities, VUU and VCU. Renovated 8 years ago, these 8 apartments are individually metered with Wood and tile floors, Granite countertops, dishwashers, Microwave, Washer & Dryers, Central Air and a fenced back yard. 100% Occupancy makes this a great opportunity for an investor. Tenants have been long term tenants, very little turn over.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1923
Baths:
MLS#:
2404524

ADDITIONAL INFORMATION

Located in the historic Church Hill neighborhood, this fully-renovated quadplex features four 2-bedroom/1-bathroom apartments. Renovations include custom kitchens (new cabinets, quartz countertops, full size stainless appliances), new washer/dryer units, new hot water heaters, new LVP flooring, and new mini-split heating & cooling units. Residents are responsible for all utilities as each apartment is individually metered for water and electricity. Residents in these apartments are a short distance from countless local restaurants, grocery stores/markets, coffee houses, bars, and other retail spaces. Very few neighborhoods can boast this degree of walkability and offerings to their residents. Growing rental demand far exceeds supply, especially for a unique building such as this.

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©DATE_YEAR Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The properties marked with the CVRMLS icon are provided courtesy of the Central Virginia Regional Multiple Listing Service, LLC



Richmond Real Estate

The median home value in Richmond, VA is $375,000. This is higher than the county median home value of $212,800. The national median home value is $219,700. The average price of homes sold in Richmond, VA is $375,000. Approximately 37.29% of Richmond homes are owned, compared to 52.19% rented, while 10.53% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!

Richmond, Virginia has a population of 220,892. Richmond is less family-centric than the surrounding county with 19.17% of the households containing married families with children. The county average for households married with children is 19.17%.

The median household income in Richmond, Virginia is $42,356. The median household income for the surrounding county is $42,356 compared to the national median of $57,652. The median age of people living in Richmond is 33.5 years.

Richmond Weather

The average high temperature in July is 89.8 degrees, with an average low temperature in January of 28.1 degrees. The average rainfall is approximately 44.1 inches per year, with 12 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $375,000
    8.84% change since last quarter
  • # Active listings

    598
    30-day change

Richmond Schools and Demographics

Education near Richmond, VA

Metric City County
High School Graduates 84.54 84.54
College Degree - 2 year 5.32 5.32
College Degree - 4 year 37.46 37.46
Graduate Degree 10.28 10.28
Expenditures per Student 13,667 13,741
Students per Teacher 11.6 16.4

Elementary Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Adams Elementary School PK - 05 509 20 23223
Arthur Ashe Junior Elementary School PK - 05 426 17 23223
Baker Elementary School PK - 05 475 19.4 23231
Bellevue Elementary School PK - 05 337 16.1 23223
Blackwell Elementary School PK - 05 664 22.9 23224
Broad Rock Elementary School PK - 05 825 19 23234
Carver Elementary School PK - 05 562 19.7 23233
Chamberlayne Elementary School PK - 05 463 18.9 23227
Chimborazo Elementary School PK - 05 475 17.6 23223
Crestview Elementary School PK - 05 403 17.5 23226
Crestwood Elementary School PK - 05 572 15.1 23225
Davis Elementary School PK - 05 545 17.3 23229
Dumbarton Elementary School PK - 05 625 18.8 23228
E.S.H. Greene Elementary PK - 05 532 19.7 23224
Elizabeth D. REDD Elementary PK - 05 465 17.2 23225
Fairfield Court Elementary School PK - 05 541 17.7 23223
Falling Creek Elementary School PK - 05 744 16.4 23234
G.H. Reid Elementary PK - 05 697 19.4 23225
Gayton Elementary School PK - 05 566 19.9 23233
George Mason Elementary School PK - 05 481 15.5 23223
George W. Carver Elementary PK - 05 561 16.5 23220
Ginter Park Elementary School PK - 05 468 17.7 23227
Glen Lea Elementary School PK - 05 525 19.8 23222
Harvie Elementary School PK - 05 642 19.8 23223
Holladay Elementary School PK - 05 679 20.9 23228
J.B. Fisher Elementary PK - 05 367 15.3 23235
J.E.B. Stuart Elementary PK - 05 381 15.9 23222
J.L. Francis Elementary PK - 05 551 18.4 23224
John B. Cary Elementary PK - 05 295 14.1 23221
Johnson Elementary School PK - 05 534 19.1 23230
Laburnum Elementary School PK - 05 602 18.2 23222
Lakeside Elementary School PK - 05 477 17.4 23228
Linwood Holton Elementary School PK - 05 576 17.4 23227
Longan Elementary School PK - 05 439 15.4 23294
Mary Munford Elementary School PK - 05 510 19.6 23226
Maybeury Elementary School PK - 05 650 18.8 23229
Maymont Pre-K Center PK - PK 685 31.1 23220
Mehfoud Elementary School PK - 02 351 18.5 23231
Miles Jones Elementary School PK - 05 589 19 23225
Montrose Elementary School PK - 05 386 19.8 23231
Nuckols Farm Elementary School PK - 05 610 19.7 23233
Oak Grove/Bellemeade Elementary School PK - 05 688 17.6 23224
Overby-Sheppard Elementary School PK - 05 454 18.9 23222
Patrick Henry School of Science and Arts KG - 05 300 15 23225
Pemberton Elementary School PK - 05 316 16.9 23233
Pinchbeck Elementary School PK - 05 555 18.8 23233
Ratcliffe Elementary School PK - 05 460 17.7 23223
Ridge Elementary School PK - 05 515 18.5 23229
Short Pump Elementary School PK - 05 583 20.5 23233
Skipwith Elementary School PK - 05 547 21.4 23294
Southampton Elementary School PK - 05 476 17 23225
Swansboro Elementary School PK - 05 280 14 23224
Three Chopt Elementary School PK - 05 292 15.4 23229
Trevvett Elementary School PK - 05 530 18.3 23228
Tuckahoe Elementary School PK - 05 741 20 23229
Varina Elementary School 03 - 05 360 20 23231
Ward Elementary School PK - 05 563 17.3 23231
Westover Hills Elementary School PK - 05 441 18.4 23225
William Fox Elementary School PK - 05 561 20.8 23220
Woodville Elementary School PK - 05 518 15.2 23223

Middle Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Albert Hill Middle School 06 - 08 506 14.2 23221
Binford Middle School 06 - 08 214 8.6 23220
Brookland Middle School 06 - 08 1,059 15.1 23228
Byrd Middle School 06 - 08 1,031 16.3 23233
Elkhardt Middle School 06 - 08 483 17.4 23224
Fairfield Middle School 06 - 08 983 14.1 23223
Fred D. Thompson Middle 06 - 08 483 13.2 23225
Henderson Middle School 06 - 08 495 12.7 23227
L. Douglas Wilder Middle 06 - 08 838 13.1 23227
Lucille M. Brown Middle 06 - 08 741 17.3 23225
Martin Luther King Jr Middle School 06 - 08 729 13.9 23223
Moody Middle School 06 - 08 1,022 16.9 23228
Pocahontas Middle School 06 - 08 904 18.1 23233
Rolfe Middle School 06 - 08 997 14.1 23231
Thomas C. Boushall Middle 06 - 08 606 12.8 23234
Tuckahoe Middle School 06 - 08 1,031 16.2 23229

High Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Armstrong High School 09 - 12 972 14.8 23223
Freeman High School 09 - 12 1,717 17.9 23229
George Wythe High School 09 - 12 908 13.2 23225
Godwin High School 09 - 12 1,811 18.8 23238
Henrico High School 09 - 12 1,704 15.4 23227
Hermitage High School 09 - 12 1,643 16.1 23228
Huguenot High School 09 - 12 1,385 17.6 23225
John Marshall High School 09 - 12 767 14.3 23227
Monacan High School 09 - 12 1,411 15.5 23236
Open High School 09 - 12 183 12 23220
Richmond Career Education & Employment (Charter School) 09 - 12 20 6.7 23225
Richmond Community High School 09 - 12 215 10.3 23222
Thomas Jefferson High School 09 - 12 867 13.8 23230
Tucker High School 09 - 12 1,645 16.6 23294
Varina High School 09 - 12 1,706 15.7 23231

Ungraded Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Amelia Street SP. Ed. PK - 12 64 28.4 23220
Aspire Academy UG - UG 0 23230
Elkhardt Thompson Middle UG - UG 0 23225
Franklin Military Academy 06 - 12 359 10.4 23223
Hermitage Tech. Center UG - UG 0 23228
Maggie L. Walker Gov. School UG - UG 0 23220
Martin Luther King Jr. Early Learning Center UG - UG 0 23223
Metro Richmond Alternative Ed UG - UG 0 23219
Pre-School Dev. Center UG - UG 0 23223
Real Special Ed. Center UG - UG 0 23227
Richmond Acceleration Program UG - UG 0 23220
Richmond Alternative School 06 - 11 242 10.1 23220
Richmond Technical Center UG - UG 0 23230
The Govenors Career and Technical Education Academy for Stem UG - UG 0 23230
Thirteen Acres Special Ed. Center UG - UG 0 23227
Virginia Treatment Center PK - 12 0 23219
Yvonne B. Miller High School 06 - 13 415 9.9 23219

Demographics near Richmond, VA

Metric City County
Neighborhood Type
Population 220,892 220,892
Population Density 3,687 3,687
Median Age 33.5 33.5
People per Household 2.4 2.4
Median Household Income 42,356 42,356
Average Income per Capita 30,113 30,113