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Class A Apartment Building
For Sale
Contact for pricing
Pending

3900 Monument, Richmond, VA 23230

For sale as a 15-unit Class A apartment community with two-bedroom, two-bath homes.

Property SizeContact for details
Days on Market143

Property Features for 3900 Monument

General Information

Standard status Pending
Class A
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 15
Listing Agency: Colliers - Richmond, Virginia
Listed By: Charles Wentworth · License #VA 0225200397
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Sep 1 at 2:14AM

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 Colliers - Richmond, Virginia

Investment Insights

Based on property information with market context.

This offering presents 3900 Monument, a Class A apartment building featuring 15 apartment homes. The units are described as spacious two bedroom, two bathroom floor plans with high-end finishes.

The property is located on Monument Avenue, identified in the remarks as a highly traveled thoroughfare. The Downtown Expressway is noted as providing quick commute times within the Richmond area.

The remarks also state that nearby retail options are within minutes, including The Shops at Willow Lawn and along the Broad Street corridor.

Key Highlights

  • 15‑unit Class A apartment community for sale
  • All apartments feature two‑bedroom, two‑bath floor plans
  • Property is located on Monument Avenue in Richmond’s sought‑after submarket

Property Analytics

Current Use

Colleen A. Ewing, PHD Physician Dr. John E. ... Physician Suresh Gharse & Associates Medical Clinic 3900 monument apartments Apartment Complex Claudia H. Williamson, ... Foster Care Service

Suggested Use

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

Lease Details

15
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,430
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
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?
Apartment building - For sale as a 15-unit Class A apartment community with two-bedroom, two-bath homes.
Where is this apartment building located?
The property is located at 3900 Monument Richmond, VA.
What are key features of this property?
This property features: 15‑unit Class A apartment community for sale; All apartments feature two‑bedroom, two‑bath floor plans; Property is located on Monument Avenue in Richmond’s sought‑after submarket
More about this property
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