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    Richmond, VA Apartment Buildings for Sale

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    Henrico, VA Bon Air, VA Goochland, VA
    22 results
    Richmond Multifamily Investment Opportunity
    $989,000
    6,448 SF

    Richmond Multifamily Investment Opportunity

    2115 Phaup Street, Richmond, VA 23223

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

    • High Cap Rate: Enjoy stabilized rental income with an approximate 8.5% cap rate, potentially reaching 9.5% based on current seller‑provided operating figures.
    • Consistent Unit Mix: Features nine 2‑bedroom, 1‑bath residences, each approximately 700 square feet.
    • Newer Roof and Exterior Access: Benefit from a newer roof and new exterior access, reducing immediate maintenance.
    • Durable Brick Construction: The low‑maintenance brick facade ensures long‑term structural integrity.
    • Strong Rent Roll: All units are tenant occupied, supported by a strong rent roll.
    Updated: May 24
    View details
    Historic Broom Factory Condominiums
    $5,100,000
    0.16 Acres

    Historic Broom Factory Condominiums

    2201 E Main St, Richmond, VA 23223

    Restored historic building with modern condominiums in Shockoe Bottom.

    • Prime Shockoe Bottom location, steps from dining, entertainment, and the James River.
    • Thoughtfully restored historic building (originally built in 1921) blending original architectural elements with modern urban living.
    • Secure, amenity‑rich building with controlled entry, elevator access, and secured covered parking.
    • Rooftop deck offering panoramic city skyline and James River views.
    • Modern interior finishes including white oak hardwood floors, quartz countertops, and custom tile work.
    Updated: Feb 9
    View details
    Renovated Multifamily Building with Development Potential
    $889,000
    3,218 SF

    Renovated Multifamily Building with Development Potential

    Fully renovated 7-unit building with development potential in Richmond, VA.

    2863 Hull St, Richmond, VA 23224
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    Mixed-Use Property in The Fan
    $618,000
    760 SF

    Mixed-Use Property in The Fan

    Mixed-use building with apartments and office space in Richmond.

    2603 W Grace St, Richmond, VA 23220
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    Richmond Multifamily Investment Opportunity
    $1,195,000

    Richmond Multifamily Investment Opportunity

    Value-add multifamily property with strong occupancy and upside potential.

    2000 Lamb Ave, Richmond, VA 23222
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    Downtown Richmond Mixed-Use Investment
    $2,100,000

    Downtown Richmond Mixed-Use Investment

    Renovated mixed-use property with retail and residential units.

    214-216 E Main St, Richmond, VA 23219
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    Luxury Mixed-Use Asset in Richmond
    $2,599,000

    Luxury Mixed-Use Asset in Richmond

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

    2028 W Cary St, Richmond, VA 23220
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    Richmond Multifamily Investment Opportunity
    $7,200,000
    1.01 Acres

    Richmond Multifamily Investment Opportunity

    Thirty-six unit apartment building in Richmond, Virginia for sale.

    2110 Redd St, Richmond, VA 23223
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    Mixed-Use Building Near VCU
    $2,500,000

    Mixed-Use Building Near VCU

    Two-story mixed-use building with restaurant and apartments near VCU.

    801 W Broad St, Richmond, VA 23220
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    26-Unit Multifamily Investment Opportunity
    $2,500,000

    26-Unit Multifamily Investment Opportunity

    All-brick multifamily complex with 2-bedroom and studio units.

    401 E Brookland Park Blvd, Richmond, VA 23222
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    Downtown Richmond Luxury Apartment Building
    Contact for pricing
    18,336 SF

    Downtown Richmond Luxury Apartment Building

    15-unit apartment building in downtown Richmond near amenities.

    412 N 3rd St, Richmond, VA 23219
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    Commercial Sale
    $1,840,000

    Commercial Sale

    Mixed-use properties

    2712 E Leigh St, Richmond, VA 23219
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    Luxury Mixed-Use Asset in Richmond
    $2,750,000
    8,700 SF

    Luxury Mixed-Use Asset in Richmond

    Rare, renovated mixed-use property in the Fan District.

    2028 W Cary St, Richmond, VA 23220
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    Corner Mixed-Use VCU Opportunity
    $2,500,000
    0.07 Acres

    Corner Mixed-Use VCU Opportunity

    Two-story mixed-use building near VCU with restaurant and apartments.

    801 W Broad Street, Richmond, VA 23220
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    Downtown Richmond Mixed-Use Property
    Contact for pricing
    3,954 SF

    Downtown Richmond Mixed-Use Property

    Mixed-use property in Downtown Richmond with office and apartment spaces.

    505 E Main St, Richmond, VA 23219
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    Richmond Apartment Community Value-Add Opportunity
    $2,399,000

    Richmond Apartment Community Value-Add Opportunity

    20-unit apartment community near VCU with value-add potential.

    1401 Coalter St, Richmond, VA 23223
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    Richmond Multifamily Investment Opportunity
    $1,275,000
    5,692 SF

    Richmond Multifamily Investment Opportunity

    Stabilized multifamily asset with value-add potential in Richmond.

    2000 Lamb Ave, Richmond, VA 23222
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    Richmond Multifamily Investment Opportunity
    Contact for pricing
    55,452 SF

    Richmond Multifamily Investment Opportunity

    81-unit apartment community in Richmond's Forest Hill neighborhood.

    3900 Forest Hill Ave, Richmond, VA 23225
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    Multifamily Property in Richmond, VA
    $7,750,000
    53,874 SF

    Multifamily Property in Richmond, VA

    Multifamily property featuring a mix of one- and two-bedroom units.

    2554 Noel St, Richmond, VA 23237
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    Mixed-Use Property Near VCU Campus
    Contact for pricing
    3,509 SF

    Mixed-Use Property Near VCU Campus

    Mixed-use property with restaurant and apartment near VCU.

    415 W Grace St, Richmond, VA
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    VCU Area Multifamily Building
    $1,295,000
    8,008 SF

    VCU Area Multifamily Building

    Multifamily building in VCU area with onsite parking.

    1109-1111 W Franklin St, Richmond, VA
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    Downtown Richmond Mixed-Use Property
    $725,000
    3,954 SF

    Downtown Richmond Mixed-Use Property

    Mixed-use property in downtown Richmond with office and apartment spaces.

    505 E Main St, Richmond, VA 23219
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Richmond, VA, we suggest to view alternatives - similar 50 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)
    12,453 SF Lot: 0.28 Acres
    Estimated value
    $2,150,000

    2616 Monument Ave, Richmond, VA 23220-2632

    View details
    3230 Grace St
    APARTMENT HOUSE (5+ UNITS)
    3,300 SF Lot: 0.14 Acres
    Value Estimation by Request

    3230 Grace St, Richmond, VA 23221-1349

    View details

    Richmond, VA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Richmond, VA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 90,654 square feet of properties for sale, with an estimated market value of $16,291,000.

    Sale prices for two-family homes in Richmond, VA start at $618,000, averaging $2,036,375, and reaching up to $7,750,000 — 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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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    23224 $889K
    23219 $1.4M
    23222 $1.7M
    23220 $2.2M
    23223 $3.9M

    Taxes & Financing

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

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    Most Searched ZIP Codes in Richmond, VA

    • 23220
    • 23219
    • 23223
    • 23222
    • 23224
    • 23225
    • 23237

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