Historic Multifamily with Multiple
For Sale
Contact for pricing
Pending
1529 W Cary Street, Richmond, VA 23220
Portfolio includes 25 units across six buildings built from 1900 to 1930, with one office space and garage parking.
Property SizeContact for details
Lot Size0.64 Acres
Days on Market150
Property Features for 1529 W Cary Street
General Information
Standard status
Pending
Total Parking Spaces
7
Lot size
0.64 Acres
Property subtype
Multifamily, Mixed Use
Units
Multifamily Units
25
Office Units
1
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Moe Ibrahim · License #2022000166
(614) 358-5515
Source:
Crexi
Added: Apr 10
Changed: Aug 21
Last Checked: Sep 4 at 9:16PM
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 - Washington, D.C.
Investment Insights
Based on property information with market context.
This multifamily portfolio consists of six apartment buildings built between 1900 and 1930 and totaling 25 units. The configuration includes studio/one-bedroom, two-bedroom, three-bedroom, four-bedroom, and five-bedroom units, plus one office space. The offering also includes seven garage spaces.
Select units feature stainless steel appliances, exposed brick, laundry facilities, hardwood flooring, decorative fireplaces, and central A/C. The buildings are situated in a primarily residential area within Richmond’s Fan District, described as walkable to restaurants, shops, and nightlife. The property is also presented as being near Downtown Richmond and Virginia Commonwealth University.
Tenants can find a range of unit layouts within the portfolio, supported by the amenity set noted in select units and the presence of on-site garage parking.
Select units feature stainless steel appliances, exposed brick, laundry facilities, hardwood flooring, decorative fireplaces, and central A/C. The buildings are situated in a primarily residential area within Richmond’s Fan District, described as walkable to restaurants, shops, and nightlife. The property is also presented as being near Downtown Richmond and Virginia Commonwealth University.
Tenants can find a range of unit layouts within the portfolio, supported by the amenity set noted in select units and the presence of on-site garage parking.
Key Highlights
- Portfolio with 25 units across six buildings built between 1900 and 1930 on 0.64 cumulative acres
- Unit mix includes one 1 office space, plus residential units: 6 one‑bed/one‑bath, 2 two‑bed/1‑bath, and 2 two‑bed/2‑bath
- Additional residential units: 4 three‑bed/1‑bath, 3 three‑bed/2‑bath, 2 four‑bed/2‑bath, and 2 five‑bed/2‑bath
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
25
Residential units
Location Intelligence
Trade Area within ½ mile
1,694
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes 25 units across six buildings built from 1900 to 1930, with one office space and garage parking.
Where is this apartment building located?
The property is located at 1529 W Cary Street Richmond, VA.
What are key features of this property?
This property features: Portfolio with 25 units across six buildings built between 1900 and 1930 on 0.64 cumulative acres; Unit mix includes one 1 office space, plus residential units: 6 one‑bed/one‑bath, 2 two‑bed/1‑bath, and 2 two‑bed/2‑bath; Additional residential units: 4 three‑bed/1‑bath, 3 three‑bed/2‑bath, 2 four‑bed/2‑bath, and 2 five‑bed/2‑bath
