Richmond VA Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1958
Baths:
MLS#:
2428193

ADDITIONAL INFORMATION

Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
2024
Baths:
MLS#:
2428071
Subdivision:
Montrose Heights

ADDITIONAL INFORMATION

New construction MULTI-FAMILY in one of the RVA’s most bustling neighborhoods! Wonderful opportunity for investment or as an owner occupant!. Units are located upstairs and downstairs with both floors offering 2 bedrooms and 2 full bathrooms. On the first floor you’ll find a nicely sized bedroom in the front with a walk-in closet and full en-suite Jack & Jill bath that also opens to the hallway. The living room and kitchen combine for an excellent Great Room where you’ll enjoy lots of natural light. The kitchen boats white shaker-style cabinets with soft close/dovetail features, granite counters, SS appliances, pendant lighting, and Island with bar seating. The rear bedroom features a spacious walk-in closet and an en-suite equipped with granite counter vanity and tub/shower with tile surround. Each unit includes its own laundry area. Outdoors you’ll find a large yard and off-street parking. Upstairs you’ll enjoy the same layout and finishes. Trane Heat Pumps, hardwood flooring, Hardiplank Siding, brushed concrete walkway, covered front porch. Both units have separate water and electrical meters!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1910
Baths:
MLS#:
2427412

ADDITIONAL INFORMATION

2700 P Street, a duplex property located in the heart of Richmond's historic Church Hill neighborhood. This historic and charming duplex includes a three bedroom/ two bathroom unit up and a two bedroom/ one bathroom unit down below. Both units include updated kitchen a bathroom finishes with unit A undergoing a recent renovation. Both units include central HVAC and unit B includes its own in unit washer/dryer. Water is separately metered and electricity and gas are currently billed back to the tenants using a RUBs system. This prime corner duplex is a great opportunity for an investor looking to enter the multi-family market or a season investor looking to expand their holdings in the Richmond MSA.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1900
Baths:
MLS#:
2426467
Subdivision:
Barton Heights

ADDITIONAL INFORMATION

Unique duplex in Barton Heights sitting on an a large corner lot. Unit 1 offers 2000 Square feet of living space with three levels. Walking into the unit you will find a two story foyer with a large staircase. The large family room is open to the recently renovated kitchen. The oversized kitchen features Granite countertops, modern cabinets, and stainless steel appliances. On the second floor you will find two large bedrooms and a recently remodeled full bathroom. The third floor features flex space/office and another full bathroom. Unit 2 offers 1726 finished square feet and has a separate outside entrance. Inside the unit on the first floor you will find a spacious living room, kitchen and a half bathroom. The second floor has 2 nice sized bedrooms each with its own full bathroom. Both units have central air, washer/dryer, and original hardwood flooring. The exterior of the property features a large wrap around front porch and a recently landscaped front and side yard.

Open House:

Saturday, 11/9 1:00-3:00PM

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
2012
Baths:
MLS#:
2427294

ADDITIONAL INFORMATION

Your next fantastic multi-family investment opportunity in the City of Richmond awaits! Unit A features 2 bedrooms and 2 1/2 baths, while Unit B (currently leased until August) offers 3 bedrooms and 2 1/2 baths. Both are turnkey and ready to go. Separate exterior entrances ensure privacy for tenants, and high walkability on East Broad Street ensures you will be able to maximize on VCU/MCV potential tenant visibility. In fact, this duplex would be an excellent opportunity for MCV owner/occupant with potential mortgage off-setting rent! The building itself makes a visual impact, again enhancing visibility and engagement while the interior offers all a tenant may want, including four off-street parking spaces, privacy-fenced back yard, and ample private space within the property. Schedule your showing today! The approved special use permit shows the addition of an optional rear detached garage! 72 hour tenant notice is required to show Unit B.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1920
Baths:
MLS#:
2427096

ADDITIONAL INFORMATION

Discover 2708 Garland Avenue, a beautifully maintained stucco duplex located in Richmond's desirable Historic Northside. Just a short walk to Ginter Park and Brookland Park, this 1920-built gem offers classic charm with modern conveniences. Each unit features 2 spacious bedrooms, plus an additional versatile room ideal for an office or third bedroom. The upstairs unit boasts 2 full bathrooms for added convenience. This property is perfect for owner-occupants looking to house hack or investors seeking a strong, low-maintenance addition to their portfolio. Don’t miss this opportunity to own a well-kept duplex in a prime location. Schedule your showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1922
Baths:
MLS#:
2424883
Subdivision:
Park Place

ADDITIONAL INFORMATION

Beautifully Maintained Duplex in the heart of Carytown. The Prime location for this Duplex makes getting tenants easy to obtain. Or, since the lower unit has recently been nicely updated this Property is Perfectly Situated as an Owner-Occupied Investment Home. Live in one unit and collect rent from the other unit which helps pay your mortgage down. There is also a Detached Garage which could be rented out on a monthly basis. The Garage has direct entry off the alley and has a garage door opener. My estimate is that you could get perhaps $150 to $200/month rent for this garage space in this location. There is a private rear yard for the tenants to enjoy and relax in. Each unit has its own separate water heater, A/C unit, Refrigerator, Washer and Dryer. Beautiful Hardwood Floors throughout most of each unit. This is a wonderful opportunity for cash flow and long-term capital appreciation.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1911
Baths:
MLS#:
2425817

ADDITIONAL INFORMATION

This charming multi-family investment property in the highly sought-after Museum District, just one block from Carytown, offers a blend of historical charm and modern updates. Both units boast handsome hardwood floors, historical details, in-unit laundry, central air, separate gas and electric meters, private entrances, porches or balconies, and off-street parking. With its prime location and updated amenities, this property offers a fantastic investment opportunity that won’t last long.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1885
Baths:
MLS#:
2425943

ADDITIONAL INFORMATION

Welcome to China St! This Oregon Hill triplex presents a great investment opportunity with close proximity to VCU and easy access to all that downtown Richmond has to offer. Demo has been completed, leaving plenty of room for your vision to come to life. Rough in for plumbing has been completed, and electrical rough in is almost done. Coming in through the front door, the downstairs unit is through the door on the left, the other units are upstairs. The downstairs unit is 2 beds, 1 bath, the upstairs units are each 1 bed and 1 bath.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1894
Baths:
MLS#:
2425905

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

ADDITIONAL INFORMATION

Welcome to 204 N Mulberry - a wonderful and unique 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 including the Virginia Museum of Fine Arts, Carytown, and so much more. 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 in the heart of the Fan! This is a must see!

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

ADDITIONAL INFORMATION

JUST FINISHED AND NOW READY FOR MOVE-IN! Beautiful NEW CONSTRUCTION. 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.

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:
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.

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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 $380,000. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $380,000. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% 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 225,676. Richmond is less family-centric than the surrounding county with 19.89% of the households containing married families with children. The county average for households married with children is 19.89%.

The median household income in Richmond, Virginia is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond is 34.4 years.

Richmond Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $380,000
    15.2% change since last quarter
  • # Active listings

    620
    30-day change

Richmond Schools and Demographics

Education near Richmond, VA

Metric City County
High School Graduates 87.74 87.74
College Degree - 2 year 5.02 5.02
College Degree - 4 year 43.09 43.09
Graduate Degree 12.09 12.09
Expenditures per Student 15,456 15,456
Students per Teacher 14.4 14.4

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 225,676 225,676
Population Density 3,767 3,767
Median Age 34.4 34.4
People per Household 2.2 2.2
Median Household Income 54,795 54,795
Average Income per Capita 38,132 38,132