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    Midlothian, VA
    Residential Income

    Midlothian, VA Residential Income Properties for Sale

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    Upgraded Condo in Midlothian
    Updated: Oct 29, 2024
    Upgraded Condo in Midlothian

    Midlothian, VA 23114

    $359,619
    1,768 sqft 0.25 AC lot
    Top floor condo
    Located in the heart of Midlothian
    Beautifully upgraded
    Rare opportunity
    Desired Charter Colony subdivision
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    This listing looks promising.

    Here's a quick look at some key insights for

    1220 Westwood Village Lane 403,, VA 23114

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $234K
      Suggested

    • Property Type

      Condominium
      Built 2016
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Midlothian, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Duplex with Covered Porch
    Renovated Duplex with Covered Porch

    1704 Taft Place, Henrico, VA 23238

    $649,000
    2,052 sqft 0.51 AC lot

    Fully renovated two-story duplex with updated kitchens and bathrooms, plus porch and deck amenities on a public utilities lot.

    View details
    Fully Renovated Duplex
    Fully Renovated Duplex

    5508 Grove Ave, Richmond, VA 23226

    $1,095,000
    0.15 AC lot

    Brick and slate duplex with separate utility metering, off-street parking, and renovated interiors and exteriors.

    View details
    Second-Floor Residential Income Home
    Second-Floor Residential Income Home

    6161 River Road, Henrico, VA 23226

    $485,000
    1,799 sqft 10.12 AC lot

    Sunny three-bedroom, 2.1-bath second-floor residence in a gated community with 24-hour security and covered porch.

    View details
    Garden-Style Apartment Building
    Garden-Style Apartment Building

    101 Tempsford Ln, Richmond, VA 23226

    Contact for pricing
    1.00 AC lot

    1940s multifamily property with 10 two-bedroom units and onsite parking, built with a distinctive International Style facade.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Midlothian Land For Sale
    Midlothian Land For Sale

    3301 Old Hundred Road, Midlothian, VA 23112

    $1,650,000
    7.34 AC lot

    7.34 acres of land for development in Midlothian, VA.

    View details
    Prime Land in North Chesterfield
    Prime Land in North Chesterfield

    9941 Reams Road, North Chesterfield, VA 23236

    $579,000
    4.66 AC lot

    4.66 acres of level land with development potential.

    View details
    Land for Development on Hull
    Land for Development on Hull

    11900 Hull Street Road, Midlothian, VA 23112

    Contact for pricing
    10.28 AC lot

    10.28 acres of land for development on Hull Street.

    View details
    Chesterfield Land For Sale
    Chesterfield Land For Sale

    11000 Hull Street Road, Chesterfield, VA 23112

    $1,200,000
    12.64 AC lot

    8.79 acre commercial land parcel in Chesterfield, Virginia.

    View details

    Midlothian, VA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Midlothian, VA on our real estate platform. These investment opportunities span a total of 1,768 square feet of properties for sale, with an estimated market value of $359,619.

    Sale prices for residential income properties in Midlothian, VA average $359,619 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 104K
    Population Growth (5Y) +9.4%
    Median Household Income $124,245
    College Educated 83.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23114 $359.6K

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $14.19 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

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

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