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    Richmond, VA Apartment Buildings for Sale

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    9-Unit Brick Apartment Building
    Updated: May 24
    9-Unit Brick Apartment Building

    2115 Phaup Street, Richmond, VA 23223

    $989,000
    6,448 sqft 0.27 AC lot
    9‑unit building with nine 2‑bedroom, 1‑bath residences
    Approximately 6,448 square feet on a 0.27‑acre parcel
    Two‑story brick construction built in 1950
    All units tenant occupied
    Public water and public sewer
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    20-Unit Apartment Building
    Updated: Jul 31
    20-Unit Apartment Building

    1401 Coalter Street, Richmond, VA 23223

    $2,399,900
    0.59 AC lot
    20 total apartment units across five separate quad buildings
    12 units leased, 6 vacant and rent‑ready, plus 2 units currently used for storage
    Each unit is approximately 744 square feet with 2 bedrooms and 1 full bathroom
    0.59‑acre property at 1401 Coalter Street, Richmond, VA 23223
    All‑electric units with forced‑air heat and window A/C units
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    8-Unit Mixed-Use Building
    8-Unit Mixed-Use Building

    2712 E Leigh Street, Richmond, VA 23223

    $1,840,000
    0.17 AC lot

    Fully occupied property combining loft-style residences with a retail space and designated parking in a paved side lot.

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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    304 E Grace St, Richmond, VA 23219

    $1,500,000
    9,412 sqft

    Renovated apartments accompany first-floor commercial space and a small roof deck.

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    Restored 12-Unit Apartment Building
    Restored 12-Unit Apartment Building

    2201 E Main St, Richmond, VA 23223

    $5,100,000
    0.16 AC lot

    Historic industrial character meets updated condominium interiors and secured resident amenities in a boutique multifamily property.

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    Five-Unit Apartment Building with Garage
    Five-Unit Apartment Building with Garage

    1524 Grove Avenue, Richmond, VA 23220

    $975,000

    Updated apartments are fully occupied with public water and sewer service.

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    Corner One-Bedroom Apartment Building
    Corner One-Bedroom Apartment Building

    3618 Chamberlayne Avenue, Richmond, VA 23227

    $2,600,000
    13,212 sqft

    Well-maintained one-bedroom units with updated common areas, in-unit kitchen and flooring improvements, plus a shared laundry room.

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    Redevelopment Site with TOD-1 Zoning
    Redevelopment Site with TOD-1 Zoning

    4101 West Broad St, Richmond, VA 23230

    Contact for pricing
    7,000 sqft

    For-sale redevelopment opportunity at a signalized intersection with TOD-1 zoning on West Broad Street.

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    18-Unit Apartment Community Corner Parcel
    18-Unit Apartment Community Corner Parcel

    2400 Barton Avenue, Richmond, VA 23222

    Contact for pricing
    18,972 sqft

    18-unit multifamily property with an all-two-bedroom mix and recent capital improvements, positioned on a prominent corner lot.

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    Downtown Richmond Luxury Apartment Building
    Downtown Richmond Luxury Apartment Building

    412 N 3rd St, Richmond, VA 23219

    Contact for pricing
    18,336 sqft 0.30 AC lot

    15-unit apartment building in downtown Richmond near amenities.

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    NNN Apartment Building
    NNN Apartment Building

    2110 Redd Street, Richmond, VA 23223

    Contact for pricing
    23,400 sqft 1.01 AC lot

    36-unit apartment building offering a mix of two-bedroom, one-bathroom residences on 1.01 acres.

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    20-Unit Apartment Buildings
    20-Unit Apartment Buildings

    1401 Coalter Street, Richmond, VA 23223

    $2,399,900

    Five separate buildings offer a mix of leased, rent-ready, and storage-use apartments with all-electric systems.

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    Apartment Building Portfolio
    Apartment Building Portfolio

    1421 Bainbridge Street, Richmond, VA 23224

    Contact for pricing
    14,782 sqft

    Recently developed multifamily asset with full occupancy in Richmond’s Manchester submarket.

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    NNN Restaurant with Patio Seating
    NNN Restaurant with Patio Seating

    2028 W Cary St, Richmond, VA 23220

    Contact for pricing
    1,470 sqft

    1,470 SF NNN restaurant space with outdoor patio seating, off-street parking, and 3.5 years remaining on lease.

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    Luxury Mixed-Use Asset in Richmond
    Luxury Mixed-Use Asset in Richmond

    2028 W Cary Street, Richmond, VA 23220

    $2,599,000

    Rare, renovated mixed-use property in Richmond's sought-after Fan District.

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    Brick Multifamily Building with Parking
    Brick Multifamily Building with Parking

    3810 Chamberlayne Avenue, Richmond, VA 23227

    $2,400,000

    Fully leased brick building with 18 two-bedroom, one-bath apartments, ample parking, and laundry onsite.

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    Downtown Richmond Mixed-Use Investment
    Downtown Richmond Mixed-Use Investment

    214-216 E Main St, Richmond, VA 23219

    $2,100,000

    Renovated mixed-use property with retail and residential units.

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    Mixed-Use Redevelopment With Flagship Hotel
    Mixed-Use Redevelopment With Flagship Hotel

    6630 W Broad St, Richmond, VA 23230

    Contact for pricing
    200,000 sqft 46.00 AC lot

    Mixed-use redevelopment campus with planned flagship hotel, office, retail, and multifamily, with site work beginning Q4 2025.

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    Garden-Style Apartment Community
    Garden-Style Apartment Community

    4101 North Ave, Richmond, VA 23222

    Contact for pricing
    10.07 AC lot

    Garden-style apartment community with one- through four-bedroom units and convenient access via a GRTC bus line.

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    Commercial Sale
    Commercial Sale

    2712 E Leigh St, Richmond, VA 23219

    $1,840,000

    Mixed-use properties

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    Richmond Multifamily Investment Opportunity
    Richmond Multifamily Investment Opportunity

    2000 Lamb Ave, Richmond, VA 23222

    Contact for pricing
    5,692 sqft

    Stabilized multifamily asset with value-add potential in Richmond.

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    Richmond Multifamily Investment Opportunity
    Richmond Multifamily Investment Opportunity

    3900 Forest Hill Ave, Richmond, VA 23225

    Contact for pricing
    55,452 sqft

    81-unit apartment community in Richmond's Forest Hill neighborhood.

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    26-Unit Multifamily Investment Opportunity
    26-Unit Multifamily Investment Opportunity

    401 E Brookland Park Blvd, Richmond, VA 23222

    $2,500,000

    All-brick multifamily complex with 2-bedroom and studio units.

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    Historic Multifamily with Multiple Buildings
    Historic Multifamily with Multiple Buildings

    1529 W Cary Street, Richmond, VA 23220

    Contact for pricing
    0.64 AC lot

    Portfolio includes 25 units across six buildings built from 1900 to 1930, with one office space and garage parking.

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    Richmond, VA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Richmond, VA, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 374,176 square feet of properties for sale, with an estimated market value of $29,242,800.

    Sale prices for two-family homes in Richmond, VA start at $975,000, averaging $2,249,446, and reaching up to $5,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 594K
    Population Growth (5Y) +3.2%
    Median Household Income $75,947
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23220 $1.8M
    23219 $1.8M
    23222 $2.5M
    23227 $2.5M
    23223 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $7.41 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richmond City County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Richmond City County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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    Popular Searches in Richmond, VA

    Popular Categories

    Most Searched ZIP Codes in Richmond, VA

    • 23220
    • 23223
    • 23224
    • 23219
    • 23222
    • 23230
    • 23221
    • 23225
    • 23227
    • 23226
    • 23231

    Featured Richmond Real Estate Agencies

    Realmo connects you with licensed Richmond CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Joyner Fine Properties
    2727 Enterprise Parkway Richmond, VA 23294
    Phone: 18042709440
    www.joynerfineproperties.com
    Century 21 All American
    701 C Southlake Blvd. Richmond, VA 23236
    Phone: 18043782221
    www.Century21allamerican.com

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