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Triplex Property with Separate Gas Meters
For Sale
$209,900

318 E Westover Ave, Colonial Heights, VA 23834

Three-unit residential building requiring full renovation and offered in its existing condition.

Property Size2,884 SF
Price / SF$72.78
Days on Market95

Property Features for 318 E Westover Ave

General Information

Standard status Active
Size 2,884 SF
Property subtype Multi-Family

Building Details

Year Built 1927
Tenancy Multi
Listing Agency: Hometown Realty
Listed By: The Elliott Real Estate Team
Source: Elliottreteam
Added: Aug 2 Changed: Nov 3 Last Checked: Nov 3 at 5:59AM

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 Hometown Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1927, this triplex at 318 E Westover Ave in Colonial Heights includes three residential units. The lower level has a two-bedroom, one-bath layout, while the upper floor contains two separate one-bedroom, one-bath units. Gas service is separately metered for the units.

The property requires full renovations and is offered as-is, where-is. Its walk score is 19, indicating a car-dependent setting, while the bike score is 21, classified as somewhat bikeable.

Key Highlights

  • Three‑unit triplex with a two‑bedroom lower unit and two one‑bedroom upper units
  • Full renovation required; offered as‑is, where‑is
  • Separate gas meters for the units

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 23834, VA

26,635
Population
11,493
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
93%
High-School Grad
23.8 sq mi
ZIP Area
1,119
Density / Sq Mi
$82,314
Median Household Income
$45,000
Median Earnings
$1,214
Median Rent
$236,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential building requiring full renovation and offered in its existing condition.
Where is this triplex located?
The property is located at 318 E Westover Ave Colonial Heights, VA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Three‑unit triplex with a two‑bedroom lower unit and two one‑bedroom upper units; Full renovation required; offered as‑is, where‑is; Separate gas meters for the units
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