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Brick Multifamily Building with Parking
For Sale
$2,400,000

3810 Chamberlayne Avenue, Richmond, VA 23227

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

Property SizeContact for details
Days on Market146

Property Features for 3810 Chamberlayne Avenue

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 18

Amenities

Three Or More
yes
3
no
Central Air
Multi-Tenant, No Elevators
Built-Up
Public Sewer
Level
Public
0.536
Acres
City Street
Garden Home
Brick

Building Details

Year Built 1966
Stories 3
Listed By: 804 Real Estate, LLC
Source: 804realestate.idxbroker
Added: Apr 10 Changed: Aug 28 Last Checked: Sep 2 at 1:23PM

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 fully leased brick multifamily building includes 18 apartments with two bedrooms and one bathroom each. The property also offers laundry onsite and ample parking, with upgraded finishes noted throughout the units.

Located on Chamberlayne Ave in Richmond’s Northside community (23227), the asset benefits from an area walk/transit profile of walkScore 47 and transitScore 32, with bikeScore reported at 58.

With its all-2BR/1BA apartment mix, onsite laundry, and parking, the building provides a straightforward residential income configuration for buyers seeking an occupied multifamily asset.

Key Highlights

  • Brick apartment building built in 1966 with 18 fully leased units
  • Unit mix: 18 two‑bedroom, one‑bath apartments
  • Ample onsite parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 23227, VA

25,283
Population
13,351
Households
1.9
Avg Household Size
45
Median Age
47%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,199
Density / Sq Mi
$70,537
Median Household Income
$45,315
Median Earnings
$1,306
Median Rent
$329,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased brick building with 18 two-bedroom, one-bath apartments, ample parking, and laundry onsite.
Where is this apartment building located?
The property is located at 3810 Chamberlayne Avenue Richmond, VA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Brick apartment building built in 1966 with 18 fully leased units; Unit mix: 18 two‑bedroom, one‑bath apartments; Ample onsite parking
More about this property
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