Entity Owned Property summary
This exceptional six-unit multifamily property is situated in the highly desirable Fan District of Richmond, Virginia, just a block south of Cary Street and east of Carytown and the Boulevard. The brick building boasts six apartments, each featuring two bedrooms, a full bathroom, a kitchen with an eating area, and in-unit laundry. Two apartments are located on each of the three floors. The second floor offers a balcony with composite decking, providing city views and outdoor space. The… property benefits from easy access to major transportation routes, including the GRTC Pulse bus rapid transit system, and is within close proximity to the Virginia Museum of Fine Arts (VMFA), the University of Richmond, Byrd Park, and numerous local amenities such as coffee shops and a community garden directly across the street. Four units are currently occupied by long-term tenants, presenting an immediate income stream. The property's operational maintenance appears to be excellent. The two vacant units are located on the third floor and will be shown first to minimize disruption to existing tenants. Individual gas and electric meters are centrally located in the basement, and each apartment is equipped with window air conditioning units. Ample parking is available both on the street and in the alley. While the exact square footage of each apartment requires verification by the buyer (as visual observations differ from tax records), this property represents a significant investment opportunity with considerable upside potential. The property sits on a 0.06-acre lot at 2303 Parkwood Avenue. The asking price is $2,000,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,715 SF
- Lot area
- 0.06 ac
- Year built
- 1920
- Stories
- 3
- APN
- W-000-1033-008
- Zoning
- R-63 MULTI FAMILY URBAN R
- Assessed value · 2024
- $998,000
- Annual tax · 2020
- $20
- Retail Stores
- Commercial (general)
- Auto Repair, Garage
- Apartment House (5+ Units) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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