20-Unit Apartment
For Sale
$2,399,900
1401 Coalter Street, Richmond, VA 23223
Five separate buildings offer a mix of leased, rent-ready, and storage-use apartments with all-electric systems.
Property SizeContact for details
Days on Market26
Property Features for 1401 Coalter Street
General Information
Standard status
Active
Amenities
Two
yes
2
no
80
Window Unit(s)
Electric, Forced Air
Multi-Tenant, No Elevators
Shingle
Public Sewer
Level
Public
0.59
Acres
City Street
Garden Home
Metal Siding, Vinyl Siding
Building Details
Year Built
1967
Stories
2
Listed By:
804 Real Estate, LLC
(804) 477-8700
Source:
804realestate.idxbroker
Added: Aug 8
Changed: Aug 30
Last Checked: Sep 1 at 2:40PM
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 804 Real Estate, LLC
Investment Insights
Based on property information with market context.
This apartment property comprises five separate quad buildings with 20 total units. Each building includes two upper-level apartments with vaulted ceilings and two lower-level apartments. The units are approximately 744 square feet and configured with two bedrooms and one full bathroom. All apartments use electric service, with forced-air heat and window A/C units. Twelve units are leased, six are vacant and rent-ready, and two are currently used for storage. The storage units may be converted back to apartment use, subject to applicable requirements.
The property is located at 1401 Coalter Street in Richmond, Virginia 23223. The owner pays water, sewer, and trash, while tenants pay their own electric service. Built in 1967, the complex includes 14,899 square feet of property size as reported in the listing data.
The property is located at 1401 Coalter Street in Richmond, Virginia 23223. The owner pays water, sewer, and trash, while tenants pay their own electric service. Built in 1967, the complex includes 14,899 square feet of property size as reported in the listing data.
Key Highlights
- 20 total apartment units across five separate quad buildings
- 12 units leased, 6 vacant and rent‑ready, and 2 units used for storage
- Each unit is approximately 744 square feet with 2 bedrooms and 1 full bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 23223, VA
51,960
Population
27,141
Households
1.9
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
3,111
Density / Sq Mi
$56,518
Median Household Income
$39,828
Median Earnings
$1,224
Median Rent
$236,300
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 - Five separate buildings offer a mix of leased, rent-ready, and storage-use apartments with all-electric systems.
Where is this apartment building located?
The property is located at 1401 Coalter Street Richmond, VA.
What is the asking price?
The asking price for this property is $2,399,900.
What are key features of this property?
This property features: 20 total apartment units across five separate quad buildings; 12 units leased, 6 vacant and rent‑ready, and 2 units used for storage; Each unit is approximately 744 square feet with 2 bedrooms and 1 full bathroom
