Property profile

311 Shields Ave Richmond, VA 23220

OFF-MARKET
Other apartment buildings
Property ID
US87-0754217
2,750 SF 0.06 ac lot Built 1919
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This quadplex is located in Richmond’s Fan District on Shields Avenue between Hanover and Stuart. The building contains four one-bedroom, one-bath units, with common laundry facilities in the basement. Two off-street parking spaces are designated for two of the apartments. The property sits on a lot of approximately 0.0559 acres and includes a total building area of about 4,125 square feet.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1919
Construction BRICK
Total area 2,750 SF
Lot 0.06 ac (2,435 SF)
Zoning code R-6 SINGLE FAMILY ATTACHE
APN W-000-0950-034
UPID US87-0754217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

311 Shields Ave Richmond, VA 23220-3441
Richmond metro Census 41000 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2026
3 recorded transactions
2026
$707,500
2019
$440,000
2015
Price N/A

Zoning & alternative use

R-6 SINGLE FAMILY ATTACHE · Richmond, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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