Search
Downtown Richmond Luxury Apartment Building
For Sale
Contact for pricing

412 N 3rd St, Richmond, VA 23219

15-unit apartment building in downtown Richmond near amenities.

Property Size18,336 SF
Lot Size0.30 Acres
Days on Market152

Property Features for 412 N 3rd St

General Information

Standard status Active
Size 18,336 SF
Lot size 0.30 Acres
Property subtype Apartment Building

Building Details

Year Built 1930
Listing Agency: Taylor Long Properties Commercial Real Estate
Listed By: Rebecca von Meister, CCIM · License #VA0225232694
Source: Taylorlongproperties
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 5 at 5:14AM

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 Taylor Long Properties Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in downtown Richmond, the property at 412 N 3rd Street is situated in a prime location. The surrounding area offers a vibrant urban atmosphere with various dining, shopping, and entertainment options. Nearby landmarks include the Virginia State Capitol, Shockoe Slip, and the Richmond Historic District. Its location provides access to major employers, universities, and cultural attractions. The building contains 15 apartment units, including six 2-bedroom units and nine 1-bedroom units. The building has 18,336 square feet and is situated on a 0.3 acre lot. Zoned B4, there is an opportunity to add retail and/or apartments. The property is located at the "City Center" at Pulse Bus Stops, across from the Greater Richmond Convention Center, and offers walkable access to Downtown, MCV, restaurants, and shops. Opportunity and Enterprise Zone incentives are available.

Key Highlights

  • Prime downtown Richmond location, ideal for multifamily and high‑rise investors.
  • 15 apartment units (six 2‑bedroom & nine 1‑bedroom).
  • Located at the "City Center" at Pulse Bus Stops with walkable access to Downtown, MCV, Restaurants and Shops.

Property Analytics

Current Use

Education Voters of Pennsylvania Charitable Organization

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Carpet & Flooring Store Tanning Salon

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

6,885
Businesses Nearby

Demographics for 23219, VA

5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 15-unit apartment building in downtown Richmond near amenities.
Where is this apartment building located?
The property is located at 412 N 3rd St Richmond, VA.
What are key features of this property?
This property features: Prime downtown Richmond location, ideal for multifamily and high‑rise investors.; 15 apartment units (six 2‑bedroom & nine 1‑bedroom).; Located at the "City Center" at Pulse Bus Stops with walkable access to Downtown, MCV, Restaurants and Shops.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message