Richmond VA Multi-Family Real Estate, Homes for Sale

410, 414, and 416 East Ladies Mile Road. These properties combine multifamily rental upside with residential development potential in Richmond’s Northside. The eight-unit apartment building at 410 features two-bedroom, one-bath floor plans with below-market rents, creating an opportunity to increase income and build long-term value through targeted improvements and strategic leasing. Two additional buildable lots at 414 and 416 each contain 6,604.5 square feet, offering flexibility for new residential construction, future investment, or resale. Set within an established residential area near the Brookland Park commercial corridor, this three-parcel offering gives buyers multiple avenues to create value.

410 E Ladies Mile Road, Richmond

$950,000

CVR-2629908 MLS

Welcome to a Fantastic Fan investment opportunity! This 4-5 unit building, complete with a 2-car garage, backs directly up to Lombardy Market (home to some of the BEST deviled eggs you’ll find anywhere!) and puts you within walking distance of VCU and everything the Historic Fan District has to offer. 100% occupied and consistently in demand, this property has experienced few, if any, vacancies over the years. The units have been thoughtfully updated, making this an attractive, turn-key investment in one of Richmond’s most desirable and walkable neighborhoods. Forget Bitcoin—this is an investment you can see, touch and feel. And every time you drive by, you’re going to smile and say, “YES!” Opportunities like this don’t come along often. Prime Fan location. Strong rental history. What’s not to love? OWNER WILL CONSIDER HOLDING FINANCING FOR QUALIFIED BUYERS!

1524 Grove Avenue, Richmond

$999,999

CVR-2629495 MLS

Welcome to 2614 Hanover Avenue, a handsome 1910 brick home offering a versatile opportunity in the heart of the Fan. Perfectly situated just two blocks from the VMFA, this classic Fan home with full front porch delivers 4,008 finished square feet on a 5,092 square foot lot and includes a brick, two car garage. It is an exceptional find for both savvy investors looking for a prime multi-unit asset and single-family buyers seeking an historic canvas with the scale, square footage, and structural integrity to convert into a spectacular single-family home. Freshly painted, the building currently features two independent three-bedroom flats, each boasting approx. 2,000 square feet of bright, airy living space. Timeless historic charm shines through with gleaming original hardwood floors, soaring ceilings, classic millwork, and decorative brick fireplaces, many with their original tile. Traditional floor plans seamlessly connect generously scaled living spaces and airy bedrooms. Period claw foot tubs grace the updated bathrooms. Renovated kitchens feature gas cooking, stainless appliances, quartz counters, subway tile, highly functional combined pantry/laundry rooms and backyard access with double height porches. Cozy radiators (hot water) heat the home with natural gas, The upstairs unit offers a tankless hot water heater and central AC; the downstairs unit is cooled by individual wall units. The huge, unfinished basement offers endless opportunities. The main roof of the home and the garage is Modified Bitumin, installed in 2024; front roof is original slate, porch roof TPO. Outdoors, the inviting, fully fenced backyard is primed for your vision whether a landscaped oasis, expansive patios or both with its convenient side entrance to the street and coveted garage. For buyers wanting an unbeatable location, this property places you strolling distance from the vibrant cafes and boutiques along Main and Robinson Streets within view of the VMFA. A rare Fan gem ready for its next chapter.

2614 Hanover Avenue, Richmond

$959,000

CVR-2629614 MLS

LOCATION, LOCATION, LOCATION! In the heart of Richmond's sought-after Museum District, this distinctive DETACHED DUPLEX offers an exceptional combination of walkability, generous living space, architectural charm, and investment potential. Situated beside a neighborhood park with off-street parking, this property offers something increasingly difficult to find in the city: two spacious, three-bedroom residences in a freestanding building, without shared walls with neighboring properties. Each residence offers approximately 1,525 square feet with 3 bedrooms, 1.5 baths, a formal dining room, and an expansive 23' x 15' family room featuring a fireplace with a beautiful Colonial-style mantel. Refinished hardwood floors throughout the living areas and bedrooms preserve the home's timeless character, while renovated kitchens feature granite countertops, updated cabinetry, and stainless steel appliances. Major improvements completed in 2017 include electrical, plumbing, soffits, gutters, and HVAC systems with ductwork. Both residences feature new thermal windows, and the lifetime slate roof adds enduring beauty and value. Step outside and enjoy one of Richmond's most walkable neighborhoods! Museums, Carytown, Scott's Addition, the Greek Festival, restaurants, coffee shops, parks, and an extraordinary selection of grocery stores, including Kroger, Ellwood Thompson's, Publix, and Whole Foods, are all within reach. Everyday conveniences, entertainment, and Richmond's vibrant cultural attractions are part of the lifestyle. Perfect for an owner-occupant who wants to enjoy city living while generating rental income from the second residence, an investor seeking a distinctive rental property, or those exploring furnished, corporate, or short-term rental opportunities with an option to rent the entire 6 bedroom house for weddings etc. This is subject to applicable regulations. TWO spacious residences. ONE exceptional location. ENDLESS possibilities!

3422 Kensington Avenue, Richmond

$575,000

CVR-2629600 MLS

Wonderful detached Duplex in the heart of the Fan! Two 2 bedroom, 1 bath units with a consistent rental history awaits its new owner. A great opportunity to live in one unit and rent out the second. Or, a consistent income producing property for an investor looking to add to their portfolio. There is an open wide front porch that fronts Meadow and is the perfect spot to people watch and relax. The first level features an open entry with a bright living space, 2 bedrooms, a wide hallway with a storage closet, full bath and a large kitchen. A back door leads to a porch that's nice for a little bistro set or bikes. The upstairs unit has a separate entrance and features a wide set of stairs. There are nice living spaces (a small office/den) and 2 bedroom spaces, a full bath and a large kitchen with access to an upper level porch. Both units are currently rented. This terrific rental is in a premier location, close to VCU, favorite neighborhood restaurants, museums and shopping with easy access to interstate and downtown RVA!

104 N Meadow Street, Richmond

$999,995

CVR-2628400 MLS

Offered for the first time in nearly 30 years, 1420 and 1422 Park Avenue present a rare opportunity to own an exceptional multifamily property on one of the Fan District’s most beautiful blocks. Situated on a large corner lot with two off street parking spaces, boasting nearly 5,500 square feet of combined living space, these adjoining residences offer remarkable scale, historic charm, and endless potential in one of Richmond’s most sought-after neighborhoods. Rich in architectural character, both residences feature soaring 9-foot-plus ceilings, gorgeous original hardwood floors, fireplaces, gracious living and dining rooms, generously sized bedrooms, and inviting front porches overlooking picturesque Park Avenue. With approximately 2,341 square feet at 1420 and 3,101 square feet at 1422, each residence offers expansive interiors and an incredible opportunity for thoughtful renovations while preserving the timeless details that make Fan District homes so special. Newer mechanical systems provide an added benefit for future owners. Two coveted off-street parking spaces further enhance this unique offering, a true luxury in the heart of the Fan. Enjoy exceptional walkability to neighborhood shops, Lombardy Park and iconic Richmond restaurants including Kuba Kuba, Joe's Inn and Bamboo Cafe. Ideal for investors or those seeking the flexibility of multifamily living, this property offers the opportunity to create something truly special in an irreplaceable location. Rarely does a property of this size, character, and potential become available on Park Avenue. Both residences are offered together as one property.

1422 Park Avenue, Richmond

$229,000

CVR-2629390 MLS

Rare Southside value-add opportunity with grandfathered triplex status on a spacious 69’ x 130’ double lot in R-5 zoning! Bring your contractor or development vision—ideal for a full rehabilitation of the existing three units or exploring a potential lot split to build two new single-family homes. Extensive Demo work has begun in two (2) of the three (3) units. Selling strictly as-is, This versatile parcel is primed for an investor ready to capture significant upside in a rapidly appreciating Richmond corridor. There are three individual electrical meters as well as temporary power to property. Buyers are encouraged to perform their own due diligence and verify all development potential with the City of Richmond.

15 E 33RD Street, Richmond

$410,000

CVR-2627977 MLS

An investment with standout tenant appeal! Situated on a spacious double lot in Richmond’s Northside, this renovated duplex combines original character with updated kitchens and baths, generous outdoor space, and a private, tree-lined rear setting. Each unit offers TWO bedrooms and TWO full bathrooms—a valuable distinction for renters—along with beautiful original wood floors, large windows, and substantial trim. Both kitchens feature ample cabinetry and peninsula seating, while renovated bathrooms showcase classic white subway tile. A welcoming covered front porch, lower rear porch, and upper rear balcony extend the living experience outdoors. The expansive side and rear yards provide room to relax, garden, and gather, with a sense of privacy that sets this property apart from more tightly spaced city rentals. Alley access at the rear corner offers potential to create off-street parking. Both units are vacant, giving investors the flexibility to select tenants and establish new leases, or an owner-occupant the opportunity to enjoy one residence while generating rental income from the other. Both units most recently rented for $1500/month (no utilities included). A compelling combination of two-bedroom/two-bath layouts, renovated interiors, and memorable outdoor space makes 2101 5th Avenue a distinctive addition to a rental portfolio. The adjacent lot at 2105 5th Avenue is also listed for sale and can be purchased in combination or separately by a savvy investor looking for a rental AND building opportunity.

2101 5th Avenue, Richmond

$419,900

CVR-2628830 MLS

Investment Opportunity in Historic Church Hill! Welcome to 1517 N 22nd Street, a duplex offering versatility and potential in one of Richmond’s most sought-after historic neighborhoods. This income-producing property features two separate units, making it an appealing opportunity for investors, house hackers, or buyers looking to build long-term real estate value. Unit A features 2 bedrooms and 1 full bathroom in approximately 1300 sq ft, while Unit B offers 3 bedrooms and 1 full bathroom in approximately 1500 sq ft. With two distinct living spaces, this property provides flexibility for rental income, owner-occupancy with supplemental income, or a potential value-add investment, depending on your plans. Located in the heart of historic Church Hill, the property offers convenient access to neighborhood restaurants, local shops, parks, downtown Richmond, and major commuter routes. Enjoy the character and charm of an established Richmond neighborhood with nearby dining, recreation, and city conveniences. Whether you’re expanding your investment portfolio, exploring a multi-unit property, or seeking an opportunity to add value in a desirable location, 1517 N 22nd Street presents exciting possibilities. $20,000 in improvements were recently completed.

1517 N 22nd Street, Richmond

$529,950

CVR-2628372 MLS

Discover an investment opportunity in Richmond’s Carver neighborhood at 908 W Clay St, conveniently located near Virginia Commonwealth University (VCU), downtown Richmond & the area’s dining, shopping and entertainment options. This two-story brick rowhouse features two separate residential units, each offering approximately 1,300 square feet of living space. The first-floor Unit 1/A features 2 bedrooms & 1 full bathroom. The living room offers floor-to-ceiling triple windows, a brick accent wall & LVP flooring. Both bedrooms include closets and matching flooring. The full hall bathroom features a tub/shower combination, single vanity & linen storage. The kitchen offers an electric cooktop, exhaust fan, LVP flooring & access to the rear fenced in outdoor area. Additional conveniences include a laundry closet with stacked washer/dryer hookups. Upstairs, Unit 2/B features 3 bedrooms & 1 full bathroom. The living room includes triple front-facing windows & a brick accent wall, while the bedrooms offer closet storage and LVP flooring. The kitchen features an electric cooktop, vinyl flooring, a pantry & access to the rear entrance stairs. The hall bathroom includes a tub/shower combination, single vanity & linen closet. A laundry closet with stacked washer/dryer hookups and a utility closet provide additional functionality. Outside, the fenced rear patio area offers space for grilling, gardening & outdoor use, with rear access for the upstairs unit. With two distinct living spaces and a location near VCU, this property offers potential for rental income or an investment opportunity in the heart of Richmond. Convenient access to major roadways makes getting around the city easy.

908 W Clay Street, Richmond

$699,000

CVR-2625924 MLS

NEW CONSTRUCTION and scheduled for completion in early November of 2026. 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, quartz tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and quartz kitchen countertops. PHOTOS USED IN THIS LISTING ARE OF NEIGHBORING PROPERTY WITH SIMILAR FLOOR PLAN AND FINISHES. 113 W 15th STREET IS CURRENTLY UNDER CONSTRUCTION.

113 W 10th Street, Richmond

$649,950

CVR-2628133 MLS

Welcome to 3424 & 3426 S Street in the VERY popular Church Hill neighborhood! These two duplexes are being sold together as a quad unit. Each unit is 746 sq ft and includes 2 bedroom, 1 full bath, kitchen and a living area. On street parking is available but each unit gets it's own numbered space in the paved lot behind the building! Hard to find! 3 of the 4 units are currently being leased with the 4th ready for a new tenant. The vacant unit just had new carpet installed and is ready to go! A truly great investment opportunity in one of Richmond's most popular neighborhoods! Great location that is close to everything! A new roof(2025) was installed on both units and new HVAC for unit 3424A in 2025 as well!

3424 & 3426 S Street, Richmond

$449,000

CVR-2627962 MLS

Wonderful fully leased duplex in a superb location in the heart of Shockoe Bottom awaits it's next owner! Turnkey opportunity to add to your investment portfolio is available with leases through mid-2027 on both units! Steps from Whisk for great breakfast and lunch, as well as wonderful views from atop next door Taylor's Hill will make it so your tenants won't want to leave! This all brick building with an enclosed patio/deck in the back allows for City living while maintaining personal privacy at the same time. Both units are open concept living and have generous size bedrooms. You do not want to miss seeing this building as soon as possible given the listing price! You can even turn the first floor unit into a business, store or an office as the zoning allows for a commercial conversion if desired!

7 N 21st Street, Richmond

$599,900

CVR-2624901 MLS

Investment opportunity! 101 W Clay Street presents a compelling investment opportunity as a fully occupied, income-producing triplex in one of Richmond’s most recognizable neighborhoods, Jackson Ward. -- Originally built in 1859, this Italianate rowhouse with Greek Revival influence has performed well as a multi-family property, with solid rental income and low vacancy rates, while preserving its architectural character and honoring the neighborhood’s rich history. However, if that’s not what you are looking for, it could also be restored to the grand single-family residence it once was. Many of the original features that helped define the architectural fabric of Jackson Ward remain intact. Tall, narrow windows bring natural light into living spaces framed by wide plank wood flooring, detailed moldings, marble mantelpieces, and original pocket doors. Outside, the bracketed cornice and ornamental ironwork create curb appeal not found in many investment properties. -- The property has a strong rental track record and consists of three units: a 1,522sf 2BR apartment on the 1st floor, a 1,522sf 3BR apartment on the 2nd floor, and a 981sf 2BR apartment in the English basement. Residents are consistently drawn to the area by major employers like Dominion, CoStar, Altria, Markel, NewMarket, McGuireWoods, Truist, and Bank of America, alongside institutions such as VCU, VCU Health, the Capitol, and numerous Commonwealth of Virginia offices, not to mention premier performing arts venues including Brown’s Island, Allianz Amphitheater, The National, Dominion Energy Center, and the Altria Center. The rich array of restaurants, arts and culture venues, parks, the James River and other outdoor recreation nearby also contribute to the appeal. -- In addition to rental income, continued public and private investment throughout Jackson Ward and along the broader downtown Broad Street corridor could add potential for future appreciation as well.

101 W Clay Street, Richmond

$1,295,000

CVR-2626056 MLS

4-Unit Multifamily Gem, located in The Historic Fan District, Richmond’s most resilient rental market. Positioned in an ultra-walkable pocket of The Fan, tenants enjoy seamless access to the neighborhood's iconic dining, tree-lined streets, and vibrant cultural scene. This handsome brick building is an exceptional investment opportunity. It offers over 4,600 square feet of total living area, split across high-demand layouts, that attract premium tenants. Spacious 1, 2, and 3-bedroom configurations. The 1st floor unit is stunning as it was previously owner-occupied. Perfect opportunity for an investor looking for a stable portfolio addition.

1721 Grove Avenue, Richmond

$795,000

CVR-2626055 MLS

Quiet side street investment opportunity in the heart of Richmond’s highly coveted and pedestrian friendly Museum District. This character-rich, four-unit quad, perfectly blends historic Tudor Revival charm with rental performance, making it a worthwhile investment to start or add-on to any real estate portfolio. The building configuration includes four separate 2-bedroom, 1-bathroom layouts (Units A, B, C, and D). Individual units include hardwood flooring, appliances, a washer/dryer, and designated outdoor porch space; three units have central air conditioning. Tenants pay All their own utilities.

609 Tilden Street, Richmond

$375,000

CVR-2626461 MLS

Hard to find DUPLEX in the Woodland Heights area. Your tenants will love this LOCATION minutes from downtown RVA, coffee shops, restaurants, parks and breweries. This fully occupied duplex offers a recently painted first floor unit with a living room, bedroom, kitchen and bath. The upper-level features 2 bedrooms, kitchen and bath. Large backyard and an ample storage shed. Shared laundry facilities are located on the first floor. 4 off street parking spaces off the alley.

2403 Semmes Avenue, Richmond

$429,500

CVR-2626243 MLS

OPPORTUNITY IS KNOCKING. OVER $85,000 UNDER CITY TAX ASSESMENT. Hard To Find, RENOVATED. Beautifully Renovated Duplex in Richmond. First Floor Unit is a 2 Bedroom 2 FULL Bath and Second Floor Unit is a 2 Bedroom 1 Full Bath. ALL NEW KITCHENS, BATHS, FLOORING, APPLIANCES, TOO MUCH TO LIST. TURN-KEY RENTAL. Start receiving rental income on Day 1. Separate Electrical Meters, 2 Heat Pumps! OFF STREET Parking in the rear. Large basement for storage. BEST DUPLEX ON THE MARKET IN RICHMOND.

4202 Chamberlayne Avenue, Richmond

$889,000

CVR-2625614 MLS

A classic brick triplex in the epicenter of The Fan, delivering immediate rental cash flow, historically zero vacancy friction, and flexible house-hacking potential. Three distinct, income-generating units feature soaring historic ceilings and expansive layouts that command premium rents from young professionals and graduate tenants. Live in one flat while two paying tenants eliminate your monthly mortgage, or stabilize the entire asset as a pure buy-and-hold portfolio cornerstone. Tenants walk directly to the neighborhood's premier dining corridors, VCU hubs, and everyday amenities without needing a car. Unmatched Fan District asset security combined with day-one income capability—book your private investment walkthrough before the weekend rush.

2617 W Grace Street, Richmond

$755,000

CVR-2625836 MLS

**Fantastic VCU-Area Investment Opportunity — $20,000 Below Appraised Value!** Solid brick, fully leased quad offering an excellent opportunity for investors seeking a property with existing income and additional upside. Current leases are in place, allowing for immediate rental income, while minor cosmetic enhancements could help maximize the property’s future appeal and rental potential. *(See AI-generated images for examples of possible improvements.)* The property features a **large, fully fenced backyard** offering multiple possibilities, including additional off-street parking or the creation of an inviting outdoor space for future tenants. Its solid brick construction, **separately metered utilities, and individual mini-split systems for each unit** add to the property's functionality and investment appeal. The downstairs units feature updated flooring and kitchens, while the upstairs units offer private decks—perfect for enjoying a morning coffee or relaxing outdoors. Approximately **$78,000 in improvements** have been completed in recent years, including a roof that is less than five years old, updated kitchens, mini-split heating and cooling systems, downstairs flooring, and interior painting. With its **close proximity to VCU, existing leases, substantial recent improvements, and potential for additional value through cosmetic updates and outdoor enhancements**, this property is an opportunity worth exploring.

1209 Wallace Street, Richmond

$795,000

CVR-2625851 MLS

An income-producing duplex in the heart of Richmond’s Fan District, 312 N. Shields Avenue offers 2,772 square feet, two currently rented units, off-street parking, and flexibility for both investors and future owner-occupants. The first-floor unit features two bedrooms and one full bath, while the second-floor unit offers two bedrooms and one-and-a-half baths. Each unit has its own rear deck, providing valuable private outdoor space, and the property includes two off-street parking spaces—an important feature in this popular city neighborhood. The property has been well maintained, with work receipts and documentation available. Significant recent improvements include a new roof in 2021 and replacement of the HVAC system serving Unit 1 in 2026. Located on N. Shields Avenue in The Fan, the property is convenient to neighborhood restaurants, an elementary school, public transportation, and the shops, dining, and everyday amenities found throughout The Fan and surrounding neighborhoods. With both units currently occupied and producing rental income, this property provides several possibilities for its next owner. It can continue as an established investment property, may be an option for a buyer completing a 1031 exchange, or could eventually provide an opportunity to occupy one unit while generating rental income from the other. For an investor looking for a well-maintained multifamily property in one of Richmond’s most established neighborhoods—or a buyer interested in the flexibility that a duplex can provide—312 N. Shields Avenue deserves a closer look.

312 N Shields Avenue, Richmond

$649,900

CVR-2625664 MLS

Fantastic investment opportunity in the heart of Richmond’s Fan/VCU area, this property offers historic character, established rental income, and an incredible location just minutes from some of the city’s best dining, shopping, entertainment, and universities. This classic brick duplex offers approximately 2,572 square feet with two spacious units, each featuring 2 bedrooms and 1 full bath. Inside, original details including beautiful wood flooring, tall ceilings, exposed brick, fireplaces, large windows, and generously sized rooms give both units the character and charm expected in this historic neighborhood. Each unit includes its own kitchen, living spaces, laundry, and separate heating and cooling. Rear deck offers outdoor space for lower unit and steps down to private parking area with 2 generously-sized parking spaces - an especially valuable feature in this location. The lower unit has seen several recent improvements, including several updated appliances and new laminate flooring added in a bedroom (previously carpet). New roof installed in 2018. Both units are currently occupied by long-term tenants, one for approximately five years and the other for over two years (both leases in place through August 31, 2027), providing immediate rental income for the new owner. Ideally situated near VCU, with close proximity to Carytown, Maymont, and the Museum District, this is a great opportunity to purchase an established income-producing property in one of Richmond’s most desirable and consistently sought-after rental locations.

30 S Davis Avenue, Richmond

$985,000

CVR-2625033 MLS

This fantastic triplex sits on one of the most picturesque blocks of Grove Avenue in the historic Fan District. Perfect for owner-occupied 1st floor with 2 income-producing units upstairs. Wonderful original details including large front porch with handsome columns, leaded glass windows, hardwood floors throughout, over 3300 square feet of living space including an attic loft space in one unit. Great rental history. Lovingly maintained building that could also be an easy conversion back to Single Family for anyone wanting a showcase historic home. Walkable neighborhood surrounded by dozens of restaurants and amenities. Just a few blocks from VCU campus, 8 minutes to MCV and downtown. 10 minutes from Carytown and near West End. Excellent rental history and highly desirable!

1505 Grove Avenue, Richmond

$399,950

CVR-2625081 MLS

CALLING ALL INVESTORS AND OWNER OCCUPANTS: OPPORTUNITY IS KNOCKING! Located in Richmond's Fan District and priced to sell at below the 2026 tax assessment of $408,000. Two bedroom, 1 bath units with off street parking and conveniently located near everything that's RVA. Living room & kitchen feature an open living space; units feature gas cooking & heating with central air. Other than water & sewer (paid by the owner or bill to the tenants) electric & gas utilizes are metered separately.

8 S Robinson Street, Richmond

$435,000

CVR-2624612 MLS

Discover a turnkey investment opportunity in Richmond’s desirable Northside. This well-maintained duplex features a two-bedroom, one-bath first-floor residence currently leased for $1,583 per month and a three-bedroom, one-bath second-floor residence leased for $1,715 per month, generating total monthly rental income of $3,298. The first-floor unit was fully renovated in 2019, while the second-floor unit underwent a comprehensive renovation in 2023. Improvements include updated HVAC systems, white shaker cabinetry, granite countertops, stainless steel appliances, updated flooring, renovated bathrooms, modern lighting, and refreshed finishes throughout. The rear alley provides off-street parking for up to four vehicles. With strong in-place income and extensive renovations already completed, this property offers an attractive opportunity for investors or owner-occupants seeking supplemental rental income in Richmond’s Northside.

3418 Carolina Avenue, Richmond

$775,000

CVR-2624541 MLS

This listing presents a rare opportunity to purchase a building with a commercial storefront and a residential unit at 2523 W Main St. The space is currently under a multi-year lease agreement to restaurant Cocky Rooster - expiring in March 10, 2030 (commercial tenant has one more five year option). The commercial tenant is responsible for their share of taxes, insurance, utilities and maintenance. A beautiful 2-bedroom apartment is located on the second floor. The building was constructed in 1920 and renovated extensively in 2020. Improvements include a new 5-ton HVAC unit, paint, refinished hardwood flooring, new kitchen, and new windows. This location is excellent for commercial and residential space. It is located in the heart of the Historic Fan District within walking distance to Carytown, Byrd Park, the commercial corridors of Robinson St, Main Street, and the Virginia Museum of Fine Arts. 2523 W Main St is situated in one of the most dynamic neighborhood commercial corridors in Richmond. This listing is surrounded by robust residential areas with favorable demographics to support the mixed-use building. It provides an excellent opportunity for a buyer looking for an investment opportunity in the Historic Fan District.

2523 W Main Street, Richmond

$3,100,000

CVR-2624403 MLS

15 Unit Multi-Family Property located in one of Richmond's most exciting locations, only steps from the Richmond Convention Center, Coliseum Mixed-Use Project, Transfer Station, MCV, with interstate access and in a Federally Designated Opportunity Zone. Bliley's Garage Apartments at Richmond's City Center was built in 1930 and redeveloped in 2011 to 15 brownstone apartments consisting of(10) 1 and (5)2 bedroom units. The integrity of its design and construction earned developers the Better Housing Coalition Golden Hammer Award for the region's best and most environmentally-friendly project and the Greater Richmond Association of Commercial Real Estate's Best Multi-Family Project. Designated solar panels reduce carbon emissions and lower tenant costs. Along with the attached garage, character and charm of Bliley's Garage Apartments, structurally superior building with a blend of original, historic and modern features. Advanced energy-efficient systems, the outdoor patio, large, open spaces, tall ceilings and windows allow for an abundance of natural lighting. Custom kitchens crafted with handmade cabinets and unique finishes add to the industrial feel and integrity of one of Jackson Ward's most historically prominent properties. Enjoy stable income with opportunity to increase rentable square footage. Opportunity Zone Incentives Apply.

412 N 3rd Street, Richmond

$599,950

CVR-2624045 MLS

Looking for a great investment or a potential future owner-occupant situation? This duplex is set in a great Museum District location. 3427 W. Franklin Street sits along one of Richmond's established residential corridors just a block off the beloved Gas Light block in the Museum District. This classic brick duplex offers two separately rented apartments with identical floor plans and a strong combination of character, practical improvements, and an excellent location. The property sits on a large lot with potential for off-street parking and/or space for a garage, and because it was purpose-built as a duplex, the layout is exceptionally functional. All utilities are separately metered for each unit, a real plus for investors and owner-occupants alike. Each apartment offers two bedrooms and one full bath with hardwood floors, well-proportioned rooms, abundant natural light. The first floor apartment has an in-unit stackable washer and dryer. The kitchens feature traditional wood cabinetry, a gas range, refrigerator, and updated flooring, while the baths include a newer vanity, tiled tub surround, and updated flooring. Additional improvements include electrical and lighting updates and refinished hardwood floors throughout. Both apartments are currently rented, providing existing rental income from the outset. Property improvements completed over time include vinyl replacement windows, a dimensional roof, deck improvements and updated deck flooring, a newer shed roof, and additional mechanical and interior updates. With its brick construction, hardwood floors, two identical and independent residences, separate utilities, and desirable West Franklin Street setting just steps from the Gas Light block, this is a well-positioned opportunity to acquire an established income-producing property in one of Richmond's most sought-after residential areas.

3427 W Franklin Street, Richmond

$440,000

CVR-2623905 MLS

Come live or invest in one of the highest growth areas in Richmond. This duplex has an upstairs unit and downstairs unit with separate entrances. Both levels are bright and have all the means for good living with all requisite appliances and features. The property is ready for easy living or investment.

714 Chimborazo Boulevard, Richmond

$625,000

CVR-2623810 MLS

Always rented quickly and easily since 2010, this well-maintained duplex with two one-bedroom units is becoming available for the first time in 16 years. Spacious rooms, fireplaces and Fan charm are abundant in this centrally located home. The electrical system was upgraded in 2010, and a new TPO roof thereafter. Ample off-street parking opens into a great fenced in backyard with fig trees and flowering shrubs. Great attic storage and a nice basement. Located close to shops, restaurants, parks, and museums, this classic Fan house is a great addition to any rental portfolio or first-time investor. This house could also easily be converted to a single-family home.

2609 W Main Street, Richmond

$2,075,000

CVR-2623403 MLS

This fully leased eight-unit single-family rental portfolio presents a compelling opportunity to acquire immediate cash flow with additional long-term upside across the Richmond metropolitan area. The properties are strategically distributed throughout the City of Richmond’s Northside and Southside neighborhoods, as well as Chesterfield County, providing geographic diversification within a single investment. The homes have been well maintained and are 100% occupied, generating $17,790 in gross monthly rent, or approximately $2,224 per door per month. With a total portfolio offering allocation of $2,075,000, the portfolio averages approximately $259,375 per home, providing an attractive basis for a stabilized collection of individually marketable single-family assets. Beyond the portfolio’s strong in-place cash flow, several properties offer meaningful additional value through their oversized lots and potential for future development. 3100 Groveland, 3110 Woodcliff, and 417 Patrick each feature double or potentially subdividable lots, creating opportunities for future infill development, additional home sites, or disposition of excess land, subject to applicable zoning and approvals. 417 Patrick offers particularly notable upside, with the potential to subdivide into as many as three lots. The combination of stabilized rental income, an average monthly rent exceeding $2,200 per door, an attractive per-unit basis, and embedded development potential creates a unique opportunity to capture both dependable current returns and additional long-term value.

3110 Woodcliff Avenue, Richmond

$784,000

CVR-2622329 MLS

Rare value-add opportunity to acquire a fully renovated 7-unit multifamily building strategically positioned on the high-visibility Hull Street commercial corridor. This B-3 zoned property, totaling approximately 3,218 SF, features six studio apartments with full kitchens and private bathrooms, plus one additional guest suite, all updated in 2020. With a stabilized gross potential income of approximately $98,856 annually, investors can realize immediate upside by leasing the three current vacancies at market rates. The offering is uniquely enhanced by the inclusion of the adjacent lot at 2861 Hull St, providing significant potential for future subdivision or ground-up development. Currently operated with landlord-paid utilities, there is a clear path to further increasing Net Operating Income through the implementation of sub-metering or a RUBS billing program, making this a premier multifaceted asset in a rapidly growing Richmond corridor.

2863 Hull Street, Richmond

$554,000

CVR-2622328 MLS

Welcome to 2859 Hull Street, a versatile multi-family asset strategically positioned in the sought-after Burfoot Addition. Located along the revitalizing Hull Street Corridor and just moments from the vibrant Manchester neighborhood, this property offers a rare and lucrative opportunity for savvy investors or owner-occupiers looking to build equity in a high-growth area. The building is currently configured as two distinct, spacious units: Upper Level: A bright 3-bedroom, 1-bathroom floor plan. Lower Level: A substantial 3-bedroom, 3-bathroom layout, offering significant rental premium potential. This property is a canvas for your vision, whether you are looking to complete a high-end renovation or add a solid performer to your rental portfolio. For a streamlined development process, approved plans and permits are already on file and available upon request. The property is being sold AS-IS, WHERE-IS. Prospective buyers are encouraged to perform their own due diligence to unlock the full potential of this unique Manchester-adjacent gem. Schedule your private showing today and secure your stake in one of the city's most dynamic corridors!

2859 Hull Street, Richmond

$635,000

CVR-2621309 MLS

This newer construction duplex (built in 2022) is located in the lively and rapidly growing Manchester neighborhood. Offering spacious, open-concept floor plans, high ceilings, and stylish modern finishes, this property perfectly blends contemporary living with timeless charm. Kyle, the lovable deaf dog pictured in the listing photos, is a rescue from the Richmond Animal League, and he absolutely loves his home here! Imagine spending summer evenings on your private rooftop deck or relaxing on your first-floor patio with a fenced yard—both perfect spots to unwind just like Kyle does. Just a few blocks from the flood wall (Kyle’s favorite walking path!), both units feature beautifully designed kitchens with stainless steel appliances, granite countertops, and expansive layouts ideal for entertaining.

1501 Perry Street, Richmond

$625,000

CVR-2620136 MLS

This is a nice brick duplex near VCU with off street parking. It has separate gas and electric meters. One water meter. Both units have central air and washer/dryer. The first floor unit has 2 baths and expands into a finished basement. The second floor unit has 2 full baths. This property is very sound and in great condition. The second floor is rented through November 30, 2026. The first floor through September, 30 2026. Just a short walk to VCU. A perfect location for students.

1119 W Grace Street, Richmond

$1,399,000

CVR-2619745 MLS

Incredible opportunity to own an absolute gem in the heart of the Arts District. The upper floors contain five renovated apartments with beautiful hardwoods, abundant light and a small roof deck. The first floor commercial space has a new NNN lease for 5 years. The property is located within a block of some of Richmond’s favorite restaurants including Rappahannock, Perly’s and Juleps. The space is walkable to countless art galleries, the Dominion Arts Center, the Downtown Hilton and the Jefferson Hotel.

304 E Grace Street, Richmond

$899,000

CVR-2619741 MLS

Incredible opportunity to own an absolute gem in the heart of the Arts District. The 2nd floor contains one huge two-bedroom two-bathroom apartment with soaring ceilings, exposed brick and abundant light. The first floor commercial space is occupied by several salon suites giving the purchaser instant income and the ability to re-tenant to a higher and better use in the future. The property would make an amazing live-work opportunity. The property is located within a block of some of Richmond’s favorite restaurants including Rappahannock, Perly’s and Juleps.

302 E Grace Street, Richmond

$709,999

CVR-2618895 MLS

SELLER OFFERING $10K CLOSING COST INCENTIVE! Experience the perfect blend of contemporary design, urban convenience, and exceptional investment potential with this duplex located in one of Richmond's most dynamic and rapidly growing neighborhoods—Manchester. Designed with today's lifestyle in mind, this modern duplex offers two well-appointed residences featuring stylish finishes, open-concept living spaces, abundant natural light, and low-maintenance living. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or add a turnkey property to your collection, this property delivers outstanding versatility and long-term value. Ideally situated just minutes from Virginia Commonwealth University (VCU), Downtown Richmond, and the Central Business District, residents enjoy quick access to some of the city's most sought-after destinations. Spend weekends exploring Manchester's vibrant restaurant and brewery scene, boutique coffee shops, art galleries, and entertainment venues, or take advantage of the nearby James River Park System, where miles of scenic walking and biking trails, kayaking, river overlooks, and outdoor recreation await. The property is also conveniently located near Brown's Island, Belle Isle, and the Canal Walk, making it easy to enjoy everything Richmond has to offer.

206 W 14th Street, Richmond

$724,900

CVR-2618857 MLS

Located at 2218-2220 M Street in the heart of Richmond’s highly desirable Union Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity to acquire a turnkey investment in one of the City’s strongest rental and resale markets. Encompassing approximately 2,943 square feet, the property features an attractive unit mix of one 2-bedroom, 2-bathroom residence and one 3-bedroom, 1.5-bathroom residence, both renovated to an exceptional standard back in 2022 with quality finishes and modern systems. Investors will appreciate the property’s strong in-place rental potential, while its oversized lot offers additional value through future expansion, accessory dwelling units, or potential redevelopment, subject to applicable approvals. The layout also presents a unique opportunity to subdivide and reintroduce the residences to the market as individual for-sale homes, creating multiple avenues for future appreciation and exit strategies. Positioned just steps from the vibrant intersection of 25th and M Streets, the property enjoys one of Union Hill’s most walkable and sought-after locations. Residents are within easy walking distance of neighborhood favorites including Sub Rosa Bakery, Union Market, Metzger, Kahlo’s Taqueria, and Fat Rabbit, while remaining just minutes from downtown Richmond, the MCV campus, and convenient I-95 and I-64 access. Whether purchased as a long-term hold, value-add investment, or future condominium or single-family conversion opportunity, 2218–2220 M Street offers a compelling combination of quality renovations, outstanding location, and long-term upside that is increasingly difficult to find in Richmond’s historic urban neighborhoods.

2218 M Street, Richmond

$455,000

CVR-2618780 MLS

NEW PRICE! Exceptional investment opportunity in the heart of Richmond's vibrant Jackson Ward neighborhood with option for SELLER FINANCING! This well-maintained duplex at 222 W Marshall Street offers the perfect combination of historic character, strong income history, and an unbeatable location. Two 2 bedroom, 1 bath units, each featuring updated kitchen open to the living room, generously sized bedrooms, hardwood floors through-out, providing comfortable living for tenants or owner-occupants alike. The property's classic architectural details are complemented by functional layouts designed for everyday living. Ideally situated just minutes from Virginia Commonwealth University (VCU), Downtown Richmond, the Arts District, restaurants, breweries, shopping, and major employers, this property offers convenient access to everything the city has to offer. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this duplex presents outstanding flexibility and long-term value. With its prime location, strong rental appeal, and timeless Richmond charm, 220 W Marshall Street is a rare opportunity you won't want to miss. Can be sold as package deal along with 220 W Marshall St.

222 W Marshall Street, Richmond

$455,000

CVR-2618774 MLS

NEW PRICE! Exceptional investment opportunity in the heart of Richmond's vibrant Jackson Ward neighborhood with option for SELLER FINANCING! This well-maintained duplex at 220 W Marshall Street offers the perfect combination of historic character, strong income history, and an unbeatable location. Two 2 bedroom, 1 bath units, each featuring updated kitchen open to the living room, generously sized bedrooms, hardwood floors through-out, providing comfortable living for tenants or owner-occupants alike. The property's classic architectural details are complemented by functional layouts designed for everyday living. Ideally situated just minutes from Virginia Commonwealth University (VCU), Downtown Richmond, the Arts District, restaurants, breweries, shopping, and major employers, this property offers convenient access to everything the city has to offer. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this duplex presents outstanding flexibility and long-term value. With its prime location, strong rental appeal, and timeless Richmond charm, 220 W Marshall Street is a rare opportunity you won't want to miss.

220 W Marshall Street, Richmond

$539,950

CVR-2617264 MLS

Located in Richmond's historic Woodland Heights neighborhood near Forest Hill Park, 3105 Semmes Ave | 3105 Semmes Ave, Richmond, VA 23225 is a two-story, multi-family duplex built in 1922 that seamlessly blends classic early 20th-century character with modern functional updates. Exterior & Curb Appeal: The front exterior highlights a traditional two-story structural layout featuring a classic combination of brick and stucco elements, complemented by a large wraparound front porch and a private upper-level balcony. The property also features convenient alley access with designated off-street parking in the back. Unit Layouts: The building is split into two independent 2-bedroom residential units (units on the first and second levels). Each level includes a functional living room, dedicated laundry space, and individual private deck access points. Interior Character: The interior spaces retain period architectural details such as high ceilings, traditional millwork, and character-rich fixtures alongside functional modern updates like luxury vinyl plank flooring, white appliances, and a unique clawfoot tub in the upper-level bathroom. Rear Exterior & Grounds: The property features a shaded, gravel-paved rear parking area providing dedicated off-street access, bordered by a wooden privacy fence and mature canopy trees that look out onto a shared backyard and green space. local areas: Forest Hill Park: Located just blocks away, this historic 105-acre park features wooded trails. Buyers get the quiet, historic, tree-lined character of Woodland Heights paired with immediate, walkable access to Richmond's premier outdoor recreation. Easy access to major thoroughfares, Downtown Richmond, and VCU, making it ideal for urban professionals or tenants looking to cut down on commute times.

3105 Semmes Avenue, Richmond

$718,000

CVR-2615260 MLS

NEW CONSTRUCTION and scheduled for completion in November 2026. 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, quartz tops. Upstairs unit has 3 Bedrooms, 3 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and quartz kitchen countertops.

117 W 10th Street, Richmond

$989,000

CVR-2614044 MLS

Outstanding opportunity to acquire an investor friendly 9-unit multifamily asset with stabilized rental income and an appraisal-supported cap rate of approximately 8.5% and current seller-provided operating figures close to a 9.5% cap rate. With average rent at $1200 per unit this investment opportunity is strong and reliable. The two-story brick apartment building offers a practical and consistent unit mix with nine (9) 2-bedroom, 1-bath residences, each approximately 700 square feet, for a total building size of approximately 6,448 square feet on a 0.27-acre parcel. The property features a NEWER roof, NEW exterior access, durable brick construction, multiple unit entrances, and functional interior layouts that support long-term rental operations. The property offers a courtyard-style exterior, low-maintenance brick façade, and bright interior spaces. Select units feature hardwood or plank-style flooring, white kitchen cabinetry, electric range appliances, and neutral wall colors. The interiors provide simple, efficient layouts that allow for continued rental use while also presenting potential for future cosmetic updates or operational improvements. Tenants are responsible for heat and electric, while the landlord pays for water and trash removal. The property also offers some off-street parking, along with convenient access to nearby public transportation and Interstate 64. All units are tenant occupied with a strong rent roll. Recent improvements and area growth suggest potential upside through lease-up, rent optimization, or future improvements, subject to market conditions and applicable lease terms. With a consistent tenant base, low maintenance, and strong rental income this apartment building presents a compelling opportunity for investors seeking a multifamily property in the Richmond market. Reach out today!

2115 Phaup Street, Richmond

$800,000

CVR-2601771 MLS

Prime Fan District investment opportunity at 2607 W Grace St—a classic 1910 brick quadplex featuring four (4) one-bedroom apartments in one of Richmond’s most in-demand, walkable locations. With 2,694 sq ft across two stories, plus a partial basement, this property offers a strong footprint for a buy-and-hold strategy with long-term upside. The brick exterior, charming front porch, and off-street parking for two cars add durable appeal and rarity for the neighborhood. Tenants will love being steps from the Fan’s best restaurants, museums, shopping, and nightlife, supporting consistent rental demand. A location-driven asset in a proven submarket—ideal for investors seeking stable cash flow potential and appreciation in the heart of Richmond.

2607 W Grace Street, Richmond

$599,950

CVR-2601767 MLS

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 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 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.

2603 W Grace Street, Richmond

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