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Brick Quadplex with Private Porches
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1008 North Belmont Avenue, Richmond, VA 23221

Four two-bedroom apartments offer separate utility metering, hardwood floors, and fenced outdoor space.

Property SizeContact for details
Days on Market146

Property Features for 1008 North Belmont Avenue

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence some cosmetic renovations

Additional Details

Utilities to Site Yes
Multifamily Units 4

Amenities

fenced backyard
dishwasher
hardwood floors
private porches

Building Details

Buildings 1
Construction brick
Listing Agency: One South Commercial
Listed By: Ryan Rilee · License #VA 0225187102
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial

Investment Insights

Based on property information with market context.

This brick quadplex contains four spacious two-bedroom apartments, each with a private porch, hardwood flooring, dishwasher, central heat, and access to a fenced backyard. Water, gas, and electric service are separately metered for each unit, supporting distinct utility management across the property.

The property is in Richmond’s Historic Museum District, within walking distance of Scott’s Addition. Capital improvements include two renovated kitchens, front porches rebuilt in 2012, and a rear porch rebuilt in 2007. Additional renovation work and rent increases are identified in the property information as potential future improvements.

Key Highlights

  • Brick quadplex with four spacious two‑bedroom apartments
  • Separate water, gas, and electric meters for each unit
  • Central heat, hardwood floors, dishwashers, private porches, and fenced backyard

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Catering Service Mobile Phone Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,965
Businesses Nearby

Demographics for 23221, VA

14,841
Population
7,776
Households
1.9
Avg Household Size
35
Median Age
76%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
4,497
Density / Sq Mi
$97,006
Median Household Income
$61,616
Median Earnings
$1,480
Median Rent
$544,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments offer separate utility metering, hardwood floors, and fenced outdoor space.
Where is this quadplex located?
The property is located at 1008 North Belmont Avenue Richmond, VA.
What are key features of this property?
This property features: Brick quadplex with four spacious two‑bedroom apartments; Separate water, gas, and electric meters for each unit; Central heat, hardwood floors, dishwashers, private porches, and fenced backyard
(804) 690-1482 Call to check price and availability
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