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    Richmond, VA Apartment Buildings for Sale

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    Placerville, CA Henrico, VA Bon Air, VA Goochland, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA
    17 properties
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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
    View Property Analytics
    Richmond Multifamily Investment Opportunity
    Updated: May 24
    Richmond Multifamily Investment Opportunity

    2115 Phaup Street, Richmond, VA 23223

    $989,000
    6,448 sqft 0.27 AC lot
    9‑unit two‑story brick multifamily building on a 0.27‑acre parcel
    Unit mix: nine 2‑bedroom/1‑bath apartments, each about 700 SF; total building size about 6,448 SF
    Average rent reported at $1,200 per unit; tenant‑occupied with a strong rent roll
    Cap rate reported as approximately 8.5% (appraisal‑supported) and close to a 9.5% cap rate (seller‑provided operating figures)
    Recent updates noted: newer roof and newer exterior access; fenced property with a courtyard‑style exterior
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    Historic Broom Factory Condominiums
    Historic Broom Factory Condominiums

    2201 E Main St, Richmond, VA 23223

    $5,100,000
    0.16 AC lot

    Restored historic building with modern condominiums in Shockoe Bottom.

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    Renovated Multifamily Building with Development Potential
    Renovated Multifamily Building with Development Potential

    2863 Hull St, Richmond, VA 23224

    $884,000
    3,218 sqft

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    NNN Apartment Building
    NNN Apartment Building

    2110 Redd Street, Richmond, VA 23223

    $6,900,000
    23,400 sqft 1.01 AC lot

    36-unit apartment building offering a mix of two-bedroom, one-bathroom residences on 1.01 acres.

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    Downtown Richmond Luxury Apartment Building
    Downtown Richmond Luxury Apartment Building

    412 N 3rd St, Richmond, VA 23219

    Contact for pricing
    18,336 sqft 0.30 AC lot

    15-unit apartment building in downtown Richmond near amenities.

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

    4101 West Broad St, Richmond, VA 23230

    Contact for pricing
    7,000 sqft

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

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    Richmond Apartment Community Value-Add Opportunity
    Richmond Apartment Community Value-Add Opportunity

    1401 Coalter St, Richmond, VA 23223

    $2,399,000

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

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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

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

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

    214-216 E Main St, Richmond, VA 23219

    $2,100,000

    Renovated mixed-use property with retail and residential units.

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    Commercial Sale
    Commercial Sale

    2712 E Leigh St, Richmond, VA 23219

    $1,840,000

    Mixed-use properties

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    VCU Area Multifamily Building
    VCU Area Multifamily Building

    1109-1111 W Franklin St, Richmond, VA

    $1,295,000
    8,008 sqft 0.93 AC lot

    Multifamily building in VCU area with onsite parking.

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    Richmond Multifamily Investment Opportunity
    Richmond Multifamily Investment Opportunity

    3900 Forest Hill Ave, Richmond, VA 23225

    Contact for pricing
    55,452 sqft

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

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    Richmond Multifamily Investment Opportunity
    Richmond Multifamily Investment Opportunity

    2000 Lamb Ave, Richmond, VA 23222

    $1,195,000

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

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    Mixed-Use Property Near VCU Campus
    Mixed-Use Property Near VCU Campus

    415 W Grace St, Richmond, VA

    Contact for pricing
    3,509 sqft 0.07 AC lot

    Mixed-use property with restaurant and apartment near VCU.

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    26-Unit Multifamily Investment Opportunity
    26-Unit Multifamily Investment Opportunity

    401 E Brookland Park Blvd, Richmond, VA 23222

    $2,500,000

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

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    Downtown Richmond Multifamily Investment Opportunity
    Downtown Richmond Multifamily Investment Opportunity

    104 W Franklin St, Richmond, VA 23220

    Contact for pricing

    332-unit multifamily community in Downtown Richmond, value-add opportunity.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Richmond, VA, we suggest to view alternatives - similar 55 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

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

    3230 Grace St, Richmond, VA 23221-1349

    Value Estimation by Request
    3,300 sqft 0.14 AC lot
    View details
    2400 Mcdonough St
    APARTMENT HOUSE (5+ UNITS)

    2400 Mcdonough St, Richmond, VA 23225-3870

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

    1020 Porter St, Richmond, VA 23224-2295

    Value Estimation by Request
    6,474 sqft 0.24 AC lot
    View details
    1030 German School Rd
    APARTMENT HOUSE (5+ UNITS)

    1030 German School Rd, Richmond, VA 23225-4291

    $2,625,000
    Estimated value
    19,045 sqft 3.73 AC lot
    View details
    1503 Brk Rd
    APARTMENT HOUSE (5+ UNITS)

    1503 Brk Rd, Richmond, VA 23220-2323

    Value Estimation by Request
    1,936 sqft 0.10 AC lot
    View details
    2303 Parkwood Ave
    APARTMENT HOUSE (5+ UNITS)

    2303 Parkwood Ave, Richmond, VA 23220-5251

    $1,065,000
    Estimated value
    5,715 sqft 0.06 AC lot
    View details

    Richmond, VA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Richmond, VA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 60,046 square feet of properties for sale, with an estimated market value of $12,818,000.

    Sale prices for two-family homes in Richmond, VA start at $884,000, averaging $2,563,600, and reaching up to $6,900,000 — 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
    23224 $889K
    23219 $1.6M
    23222 $1.9M
    23220 $2.2M
    23223 $4.5M

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Richmond, VA

    • 23223
    • 23219
    • 23222
    • 23220
    • 23224
    • 23225
    • 23230

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