Nine-Unit Apartment
For Sale
Contact for pricing
Pending
1208 & 1210 W Franklin Street, Richmond, VA 23220
Two 1923 buildings totaling nine units plus office space are offered for purchase in a residential neighborhood.
Lot Size0.20 Acres
Days on Market113
Property Features for 1208 & 1210 W Franklin Street
General Information
Standard status
Pending
Lot size
0.20 Acres
Property subtype
Multifamily
Units
Multifamily Units
8
Office Units
1
Amenities
stainless steel appliances
exposed brick
hardwood flooring
decorative fireplace
central A/C
ceiling fans
courtyard access
claw foot bath tub
crown moulding
Building Details
Year Built
1923
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Hampton Roads
(919) 710-6400
Listed By:
Altay Uzun · License #VA 0225214405
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 30 at 4:55PM
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 Marcus & Millichap - Hampton Roads
Investment Insights
Based on property information with market context.
This offering includes two apartment buildings constructed in 1923, comprising nine residential units and one additional 944-square-foot office space. The unit mix includes two one-bedroom/two-bedroom units, one three-bedroom unit, one four-bedroom unit, and two five-bedroom units, along with several apartment features such as stainless steel appliances, exposed brick, hardwood flooring, decorative fireplaces, central A/C, and ceiling fans. Select units also include courtyard access, claw foot bathtubs, and crown molding.
The property is located at 1208 and 1210 W Franklin Street in Richmond’s Fan District, described as a primarily residential area with Victorian homes. Public remarks indicate the buildings are within walking distance of restaurants, shops, and nightlife, and also positioned near Downtown Richmond and Virginia Commonwealth University.
The configuration provides a combination of apartment units and a dedicated office space within the two-building asset.
The property is located at 1208 and 1210 W Franklin Street in Richmond’s Fan District, described as a primarily residential area with Victorian homes. Public remarks indicate the buildings are within walking distance of restaurants, shops, and nightlife, and also positioned near Downtown Richmond and Virginia Commonwealth University.
The configuration provides a combination of apartment units and a dedicated office space within the two-building asset.
Key Highlights
- Two buildings at 1208 & 1210 W Franklin Street with 9 total units plus 944 SF office space.
- Buildings built in 1923 on 0.20 acres.
- Unit mix: two 1BD/1BA, two 2BD/2BA, one 3BD/1BA, one 4BD/2BA, and two 5BD/2BA units.
Property Analytics
Current Use
Lease Details
1
Office units
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 23220, VA
36,942
Population
16,561
Households
2.2
Avg Household Size
27
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
7,696
Density / Sq Mi
$56,681
Median Household Income
$33,249
Median Earnings
$1,354
Median Rent
$468,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two 1923 buildings totaling nine units plus office space are offered for purchase in a residential neighborhood.
Where is this apartment building located?
The property is located at 1208 & 1210 W Franklin Street Richmond, VA.
What are key features of this property?
This property features: Two buildings at 1208 & 1210 W Franklin Street with 9 total units plus 944 SF office space.; Buildings built in 1923 on 0.20 acres.; Unit mix: two 1BD/1BA, two 2BD/2BA, one 3BD/1BA, one 4BD/2BA, and two 5BD/2BA units.
