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    18-Unit Apartment Community Corner Parcel
    Updated: Jun 18
    18-Unit Apartment Community Corner Parcel

    2400 Barton Avenue, Richmond, VA 23222

    $2,750,000
    18,972 sqft
    18‑unit apartment community with an all‑two‑bedroom unit mix.
    Built in 1940 with a prominent corner location on Barton Avenue and East Graham Road.
    More than $300,000 invested in capital improvements since the current ownership acquired the property.
    Corner parcel offers additional open space and flexibility for residents.
    Stable occupancy shown on the current rent roll, with potential for future income growth.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2400 Barton Avenue, Richmond, VA 23222

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $235K
      Annual

    • Mortgage

      $810K
      Oct 2018

    • Last Sold

      Mar 2022
      $1.62M

    • Property Type

      Apartment House
      Built 1940
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    Six-Unit Multi-Family with Updates
    Updated: Jul 9
    Six-Unit Multi-Family with Updates

    2677-& 2689 Old Richmond Road, Danville, VA 24540

    $599,900
    5,312 sqft 0.95 AC lot
    Two adjacent multifamily properties: 2677 & 2689 Old Richmond Rd, totaling 6 units
    2677 Old Richmond Rd features 2 units: 2BR/2BA and 2BR/1BA
    2689 Old Richmond Rd features 4 units: three 2BR/1.5BA and one 2BR/1BA
    Recent updates: new roof, updated windows, and new HVAC systems within the last 5 years
    Utilities: units share one water meter; landlord pays water, trash, and lawn care; tenants pay electric
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    Brick Multifamily Apartment Building
    Brick Multifamily Apartment Building

    600 & 620 NORWOOD ST, Harrisonburg, VA 22801

    $1,574,800
    8,256 sqft 0.42 AC lot

    Two brick apartment buildings totaling 15 one-bedroom units, fully leased, with an upcoming new roof for one address.

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    Richmond Multifamily Investment Opportunity
    Richmond Multifamily Investment Opportunity

    2115 Phaup Street, Richmond, VA 23223

    $989,000
    6,448 sqft 0.27 AC lot

    Nine-unit multifamily property with stabilized income in Richmond, Virginia.

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    Brick Quadplex Apartment Community
    Brick Quadplex Apartment Community

    193-221 Cedar Cove Lane, Spout Spring, VA 24593

    $1,200,000
    13,200 sqft 2.00 AC lot

    Twelve-unit multifamily community with private entrances, all-electric heating and air, and separately metered electricity.

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    Six-Unit Townhome Investment Property
    Six-Unit Townhome Investment Property

    1206 MASSANUTTEN Avenue, Front Royal, VA 22630

    $990,000
    4,896 sqft 0.45 AC lot

    Six 2-bedroom, 1-bath townhomes with front-door parking set on shared parcels in Front Royal, VA.

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    Multi-Family Income Property
    Multi-Family Income Property

    108 Kitten Lane, Rural Retreat, VA 24368

    $650,000
    10,000 sqft 3.68 AC lot

    Multi-family property with two duplexes and three mobile homes, plus tenant-owned mobile homes generating lot rent.

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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot

    Income-producing 8-plex near restaurants, businesses, and local colleges.

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    Multifamily Property with Additional Land
    Multifamily Property with Additional Land

    2978 Valley Ave, Winchester, VA 22601

    $650,000
    2,358 sqft 1.15 AC lot

    Site includes five rental units plus an adjacent 0.429-acre parcel with public water and sewer access.

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    Side-by-Side Multifamily Portfolio
    Side-by-Side Multifamily Portfolio

    1201 - 1217 Fairfax Street, Radford, VA 24141

    $1,600,000
    8,263 sqft 0.75 AC lot

    Five R-4 zoned homes with current rental income and walkability to Radford University.

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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot

    Income-producing 8-plex in high-traffic location with strong rental history.

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    Assisted Living Conversion Property
    Assisted Living Conversion Property

    8 RAINBOW LN, Waynesboro, VA 22980

    $749,000
    8,556 sqft 4.48 AC lot

    Former assisted living facility with four buildings and 14 residential units, on 4.48 acres in Augusta County.

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    Renovation-Needed Multifamily Building
    Renovation-Needed Multifamily Building

    915 W 26th Street, Norfolk, VA 23517

    $600,000
    3,168 sqft 0.13 AC lot

    Multifamily apartment property in I-1 zoning with room to add value through renovations and possible adjacent parcel expansion.

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    Mixed-Use Income Portfolio
    Mixed-Use Income Portfolio

    630-634 CHARLES ST, Staunton, VA 24401

    $3,100,000
    22,816 sqft 1.92 AC lot

    Fully occupied mixed-use portfolio in a historic district, combining commercial units and multifamily residential units totaling 29 units.

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    Stabilized Brick 12-Unit Multifamily
    Stabilized Brick 12-Unit Multifamily

    1712 Grandin Rd SW, Roanoke, VA 24015

    $1,499,000
    10,656 sqft

    Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

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    Mixed-Use Income Property For Sale
    Mixed-Use Income Property For Sale

    5976 Virginia Ave, Pembroke, VA 24136

    $699,000
    2,600 sqft 0.75 AC lot

    Multi-tenant property with cash flow on a corner lot.

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    7-Unit Multifamily Property
    7-Unit Multifamily Property

    625 ALLEGHANY AVE, Staunton, VA 24401

    $1,289,000
    6,228 sqft 0.28 AC lot

    Well-maintained 7-unit multifamily property at 625 Alleghany Ave with historic interior character and selective modern upgrades.

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    Historic Brick Church with Development Potential
    Historic Brick Church with Development Potential

    1018 Rivermont Avenue, Lynchburg, VA 24504

    $695,000
    8,493 sqft 1.50 AC lot

    Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.

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    14-Unit Brick Apartment Building
    14-Unit Brick Apartment Building

    91 DUTCH MILL CT, Harrisonburg, VA 22801

    $1,749,900
    6,656 sqft 0.66 AC lot

    Brick 14-unit building with 1BR/1BA units, fully occupied, offering a straightforward residential income configuration.

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    Historic Petersburg Apartment Building For Sale
    Historic Petersburg Apartment Building For Sale

    23 W Old St, Petersburg, VA 23803

    $1,100,000
    11,000 sqft

    Five-unit apartment building with historic charm and modern upgrades.

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    Hillsville Multi-Family Investment Opportunity
    Hillsville Multi-Family Investment Opportunity

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft

    Two commercial buildings in Hillsville, VA, offering immediate income.

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    Harrisonburg Multifamily Investment Opportunity
    Harrisonburg Multifamily Investment Opportunity

    91 DUTCH MILL Court, Harrisonburg, VA 22801

    $1,749,900
    6,656 sqft 0.66 AC lot

    14-unit apartment building near JMU, Valley Mall, and downtown.

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    Historic Multifamily Investment Opportunity
    Historic Multifamily Investment Opportunity

    900 Ficklen Rd, Fredericksburg, VA 22405

    $900,000
    6,546 sqft 3.40 AC lot

    Nine-unit multifamily property in Fredericksburg/Stafford County, Virginia.

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    13-Unit Multifamily Income Property
    13-Unit Multifamily Income Property

    1221 Poquoson Avenue, Poquoson, VA 23662

    $1,800,000
    5,290 sqft 2.08 AC lot

    A 13-unit income property on 2.08 acres in Poquoson, VA, with apartment, duplex, and cottage units.

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    Virginia Apartment Buildings Market Trends and Statistics

    Explore 156 apartment buildings for sale in Virginia, showcased through 156 active listings on our real estate platform. These investment opportunities span a total of 1,722,491 square feet of properties for sale, with an estimated market value of $186,602,586.

    Sale prices for two-family homes in Virginia start at $60,000, averaging $1,666,094, and reaching up to $10,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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