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1122 Bainbridge Street, Richmond, VA 23224

Developed in 2022, the property offers modern construction in Manchester with proximity to downtown Richmond and the James River.

Property SizeContact for details
Days on Market6

Property Features for 1122 Bainbridge Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 2022
Listing Agency: CBRE - Norfolk
Listed By: Andrew Blackmon · License #VA0225257379
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 8:33AM

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 CBRE - Norfolk

Investment Insights

Based on property information with market context.

1122 Bainbridge Street is a multifamily property developed in 2022 in Richmond’s Manchester submarket. The asset is described as fully stabilized and features modern construction, offering an established residential operation within an active urban setting.

The property is near Old Towne Manchester, downtown employment centers, and the James River. Surrounding development includes historic adaptive-reuse projects and newer multifamily construction, while the area continues to add retail, dining, and professional services. Manchester’s evolving urban environment provides access to a growing mix of residential and commercial activity.

Key Highlights

  • Multifamily property developed in 2022
  • Fully stabilized residential asset
  • Located in Richmond’s Manchester submarket

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom Locksmith Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,060
Businesses Nearby

Demographics for 23224, VA

39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Developed in 2022, the property offers modern construction in Manchester with proximity to downtown Richmond and the James River.
Where is this multifamily property located?
The property is located at 1122 Bainbridge Street Richmond, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Multifamily property developed in 2022; Fully stabilized residential asset; Located in Richmond’s Manchester submarket
More about this property
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