Apartment Building

Richmond, VA Apartment Buildings for Sale

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Henrico, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA Sandston, VA Midlothian, VA Ashland, VA
20 properties
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9-Unit Brick Apartment Building
Updated: May 24
9-Unit Brick Apartment Building

2115 Phaup Street, Richmond, VA 23223

$989,000
6,448 sqft 0.27 AC lot
9‑unit building with nine 2‑bedroom, 1‑bath residences
Approximately 6,448 square feet on a 0.27‑acre parcel
Two‑story brick construction built in 1950
All units tenant occupied
Public water and public sewer
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15-Unit Apartment Building
Updated: Sep 3
15-Unit Apartment Building

412 N 3rd Street, Richmond, VA 23219

$3,100,000
18,336 sqft 0.30 AC lot
15 apartments with 10 one‑bedroom units and 5 two‑bedroom units
18,336 square feet on a 0.2998‑acre site
Built in 1930 and redeveloped in 2011
Designated solar panels and energy‑efficient building systems
Attached garage plus paved, off‑street, assigned, and open parking
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20-Unit Apartment Building
20-Unit Apartment Building

1401 Coalter Street, Richmond, VA 23223

$2,399,900
0.59 AC lot

Five separate quad buildings provide two-level apartment layouts with public water and sewer service.

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See hot listings in Richmond

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

304 E Grace St, Richmond, VA 23219

$1,399,000
9,412 sqft

Renovated apartments accompany first-floor commercial space and a small roof deck.

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8-Unit Mixed-Use Building
8-Unit Mixed-Use Building

2712 E Leigh Street, Richmond, VA 23223

$1,750,000
0.17 AC lot

Fully occupied property combining loft-style residences with a retail space and designated parking in a paved side lot.

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Restored 12-Unit Apartment Building
Restored 12-Unit Apartment Building

2201 E Main St, Richmond, VA 23223

$5,100,000
0.16 AC lot

Historic industrial character meets updated condominium interiors and secured resident amenities in a boutique multifamily property.

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Five-Unit Apartment Building with Garage
Five-Unit Apartment Building with Garage

1524 Grove Avenue, Richmond, VA 23220

$975,000

Updated apartments are fully occupied with public water and sewer service.

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15-Unit Apartment Building with Garage
15-Unit Apartment Building with Garage

412 N 3rd St, Richmond, VA 23219

$3,100,000
18,336 sqft

Historic multifamily property with solar panels, custom kitchens, an attached garage, and proximity to Richmond’s major civic destinations.

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Luxury Mixed-Use Asset in Richmond
Luxury Mixed-Use Asset in Richmond

2028 W Cary St, Richmond, VA 23220

$2,599,000
9,100 sqft

Rare, renovated mixed-use property in Richmond's sought-after Fan District.

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Commercial Sale
Commercial Sale

2712 E Leigh St, Richmond, VA 23223

$1,750,000
4,835 sqft

Mixed-use properties · 4,835 SF

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Redevelopment Site with TOD-1 Zoning
Redevelopment Site with TOD-1 Zoning

4101 West Broad St, Richmond, VA 23230

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7,000 sqft

For-sale redevelopment opportunity at a signalized intersection with TOD-1 zoning on West Broad Street.

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18-Unit Apartment Community Corner Parcel
18-Unit Apartment Community Corner Parcel

2400 Barton Avenue, Richmond, VA 23222

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18,972 sqft

18-unit multifamily property with an all-two-bedroom mix and recent capital improvements, positioned on a prominent corner lot.

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Apartment Building Portfolio
Apartment Building Portfolio

1421 Bainbridge Street, Richmond, VA 23224

Contact for pricing
14,782 sqft

Recently developed multifamily asset with full occupancy in Richmond’s Manchester submarket.

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Downtown Richmond Mixed-Use Investment
Downtown Richmond Mixed-Use Investment

214-216 E Main St, Richmond, VA 23219

$2,050,000

Renovated mixed-use property with retail and residential units.

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Mixed-Use Redevelopment With Flagship Hotel
Mixed-Use Redevelopment With Flagship Hotel

6630 W Broad St, Richmond, VA 23230

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200,000 sqft 46.00 AC lot

Mixed-use redevelopment campus with planned flagship hotel, office, retail, and multifamily, with site work beginning Q4 2025.

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Garden-Style Apartment Community
Garden-Style Apartment Community

4101 North Ave, Richmond, VA 23222

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10.07 AC lot

Garden-style apartment community with one- through four-bedroom units and convenient access via a GRTC bus line.

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20-Unit Apartment Buildings
20-Unit Apartment Buildings

1401 Coalter Street, Richmond, VA 23223

$2,399,900

Five separate buildings offer a mix of leased, rent-ready, and storage-use apartments with all-electric systems.

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Richmond Multifamily Investment Opportunity
Richmond Multifamily Investment Opportunity

2000 Lamb Ave, Richmond, VA 23222

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5,692 sqft

Stabilized multifamily asset with value-add potential in Richmond.

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Historic Mixed-Use Building
Historic Mixed-Use Building

123 East Broad Street, Richmond, VA 23219

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Renovated historic asset combines residential income, commercial tenancy, and dedicated off-street parking in downtown Richmond.

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BRJ Multifamily Apartment Portfolio
BRJ Multifamily Apartment Portfolio

1548 E Main Street, Richmond, VA 23219

Contact for pricing

Two professionally operated properties with recent HVAC replacement and adaptive space improvements.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Richmond, VA, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

Off-Market Properties in Richmond, VA

Consider similar Off-Market properties in Richmond, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2616 Monument Ave
APARTMENT HOUSE (5+ UNITS)

2616 Monument Ave, Richmond, VA 23220-2632

Estimated value:
$2,150,000
12,453 sqft 0.28 AC lot
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3230 Grace St
APARTMENT HOUSE (5+ UNITS)

3230 Grace St, Richmond, VA 23221-1349

Estimated value: by Request
3,300 sqft 0.14 AC lot
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2400 Mcdonough St
APARTMENT HOUSE (5+ UNITS)

2400 Mcdonough St, Richmond, VA 23225-3870

Estimated value:
$1,075,000
11,444 sqft 1.01 AC lot
View details
1020 Porter St
APARTMENT HOUSE (5+ UNITS)

1020 Porter St, Richmond, VA 23224-2295

Estimated value:
$210,000
6,474 sqft 0.24 AC lot
View details

Richmond, VA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Richmond, VA, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 312,913 square feet of properties for sale, with an estimated market value of $27,611,800.

Sale prices for apartment complexes in Richmond, VA start at $975,000, averaging $2,300,983, and reaching up to $5,100,000 — 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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Demographics Overview

Population 594K
Population Growth (5Y) +3.2%
Median Household Income $75,947
College Educated 27.8%

High-Yield Neighborhoods for Investment

Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23220 $1.8M
23223 $2.4M
23219 $2.5M

Taxes & Financing

Tax Rate (average for all types) 0.37%
Property Tax per SF $7.41 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Richmond City County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Richmond City County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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