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    Triplex

    Richmond, VA Triplexes for Sale

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    Mixed-Use Income Building
    Updated: Jan 19
    Mixed-Use Income Building

    2603 W Grace Street, Richmond, VA 23220

    $599,950
    1,518 sqft 0.11 AC lot
    Mixed‑use building zoned R‑48 near the Boulevard & Broad St intersection
    Two efficiency apartments, each approximately 380 SF, with monthly rents of $1,050 and $1,100
    Business office space formerly a dentist office, approximately 760 SF, with six rooms and 2 half bathrooms
    Potential for conversion of the office space into a third apartment or additional business use
    Rear parking lot with space for 6 vehicles plus alley and off‑street parking
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Triplex with Expansion Potential
    Triplex with Expansion Potential

    1318 DANDRIDGE Street, Fredericksburg, VA 22401

    $849,900
    4,723 sqft 0.01 AC lot

    Triplex currently configured for rental income with recent interior upgrades and started electrical improvements.

    View details
    Residential Income Property with Historic Homes
    Residential Income Property with Historic Homes

    309 PRINCE EDWARD Street, Fredericksburg, VA 22401

    $900,000
    2,550 sqft 0.25 AC lot

    Sale includes three adjacent lots with two existing homes in the Fredericksburg Historic District.

    View details
    Turnkey Triplex in Farmville, VA
    Turnkey Triplex in Farmville, VA

    919 W Osborn Road, Farmville, VA 23901

    $275,000
    0.33 AC lot

    Fully rented triplex on the edge of town.

    View details
    Turnkey Triplex Investment Property
    Turnkey Triplex Investment Property

    919 W Osborn Rd, Farmville, VA 23901

    $275,000

    Fully rented triplex offering turnkey operations and owner financing options for investors.

    View details

    Richmond, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Richmond, VA on our real estate platform. These investment opportunities span a total of 1,518 square feet of properties for sale, with an estimated market value of $599,950.

    Sale prices for three-family homes in Richmond, VA start at $599,950, averaging $599,950, and reaching up to $599,950 — 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

    Duplexes 21
    Apartment buildings 19
    Quadplexes 5
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 594K
    Population Growth (5Y) +3.2%
    Median Household Income $75,947
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23222 $450K
    23220 $864.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $7.41 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richmond City County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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