Manchester Park I & II
For Sale
Contact for pricing
1214 McDonough St & 1221 Perry St, Richmond, VA 23224
Four fully leased units are arranged across two individually parceled duplexes.
Property SizeContact for details
Days on Market145
Property Features for 1214 McDonough St & 1221 Perry St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
2 x 2BR/2BA, 2 x 4BR/2BA
Multifamily Units
4
Amenities
hardwood floors
open layouts
rooftop decks
fenced yards
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed By:
Catharine Spangler · License #VA 0225196994
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 1:06PM
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 Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Investment Insights
Based on property information with market context.
Manchester Park I & II comprises four residential units arranged as two separately parceled duplexes at 1214 McDonough St and 1221 Perry St in Richmond’s Manchester District. Constructed in 2012-2013, the property is 100% leased and combines one 2 BR / 2 BA residence with one 4BR / 2 BA residence in each duplex.
Unit interiors feature hardwood flooring and open layouts, while exterior amenities include rooftop decks and fenced yards. The property is located in Downtown Richmond’s Manchester District, where the residential population doubled in size since 2010 and apartment rent growth reached 6.4% in 2018.
Unit interiors feature hardwood flooring and open layouts, while exterior amenities include rooftop decks and fenced yards. The property is located in Downtown Richmond’s Manchester District, where the residential population doubled in size since 2010 and apartment rent growth reached 6.4% in 2018.
Key Highlights
- 100% leased four‑unit multifamily property
- Two individually parceled duplexes
- Each duplex includes one 2 BR / 2 BA unit and one 4BR / 2 BA unit
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully leased units are arranged across two individually parceled duplexes.
Where is this quadplex located?
The property is located at 1214 McDonough St & 1221 Perry St Richmond, VA.
What are key features of this property?
This property features: 100% leased four‑unit multifamily property; Two individually parceled duplexes; Each duplex includes one 2 BR / 2 BA unit and one 4BR / 2 BA unit
