115 W 10th Street, Richmond, VA 23224
MULTI_FAMILY - Contemporary - Richmond, VA
- Added:
- Apr 17, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 115 W 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Assigned, Garage, Off Street
- Window features
- Screens
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, GraniteCounters, HighCeilings, BathInPrimaryBedroom, WalkInClosets
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- S0000041061
- Size
- 2,669 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- MANCHESTER GARDENS L31 S1
- Tax Annual Amount
- 1188
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Drywall, Frame, HardiplankType
- Roof type
- Flat
- Architectural style
- Contemporary
Listing agent Christopher Blake License #0225061328 (804) 363-9177
Listing office Monroe Properties 116 E Franklin St, Richmond, VA (804) 643-3098
Listing date Apr 17, 2026
Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction scheduled for completion in October 2026 (115 W 15th Street is under construction)
- Two‑unit layout with a downstairs 2‑bedroom, 2‑bath unit and an upstairs 3‑bedroom, 2.5‑bath unit
- Downstairs unit features LVP floors and quartz countertops
- Upstairs unit features wood floors in living room/kitchen/master bedroom/stairs/hallways and ceramic tile in bathrooms
- Interior highlights include granite counters, high ceilings, walk‑in closets, and a bath in the primary bedroom
- Utilities include public water and public sewer; electric water heater included
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.8k | $20.16 |
| − Vacancy | −$3.5k | −$1.31 |
| EGI | $50.3k | $18.85 |
| − OpEx | −$15.1k | −$5.65 |
| NOI | $35.2k | $13.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.443593
- Latitude
- 37.523454
