Triplex

Richmond, VA Triplexes for Sale

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Henrico, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA Sandston, VA Midlothian, VA Ashland, VA
Italianate Three-Unit Triplex
Updated: Oct 12
Italianate Three-Unit Triplex

101 W Clay Street, Richmond, VA 23220

$599,900
3,044 sqft 0.06 AC lot
Three apartments: two 1,522‑square‑foot units and one 981‑square‑foot unit
Unit mix includes two 2‑bedroom apartments and one 3‑bedroom apartment
Built in 1859; Italianate rowhouse with Greek Revival influence
Original pocket doors, marble mantelpieces, detailed moldings, and wide plank wood floors
Public water and public sewer
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Three-Unit Triplex with Leaded Glass
Updated: Sep 12
Three-Unit Triplex with Leaded Glass

1505 Grove Avenue, Richmond, VA 23220

$985,000
3,337 sqft 0.07 AC lot
Three‑unit building with 3,337 square feet of living area
0.0733‑acre parcel; built in 1910 in the Colonial style
First‑floor residence plus two upper‑level units; one has an attic loft
Brick and plaster construction with high ceilings and hardwood floors
Leaded glass windows and a front porch with columns
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Mixed-Use Triplex with Office Space
Mixed-Use Triplex with Office Space

2603 W Grace Street, Richmond, VA 23220

$599,950
1,518 sqft 0.11 AC lot

The property combines two efficiency apartments with a separate office area and public water and sewer service.

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See hot listings in Richmond

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Historic Triplex with Period Details
Historic Triplex with Period Details

1505 Grove Ave, Richmond, VA 23220

$985,000
3,337 sqft

The three-unit configuration places one residence on the ground floor and two income-producing units above.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Three-Unit Triplex with Deck
Three-Unit Triplex with Deck

20530 BICKERS Lane, Orange, VA 22960

$650,000
2,430 sqft 2.77 AC lot

The apartment mix includes two- and three-bedroom units, with a fenced yard and off-street driveway parking.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

20530 BICKERS LANE, Orange, VA 22960

$650,000
2,430 sqft

Two-bedroom and three-bedroom layouts provide varied living options, with off-street parking and a fenced backyard.

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Renovation-Ready Triplex
Renovation-Ready Triplex

318 E Westover Avenue, Colonial Heights, VA 23834

$219,900
2,884 sqft 0.14 AC lot

Three-unit residential property with separate gas meters, public water and sewer, and a unit mix of two- and one-bedroom apartments.

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Triplex Property with Separate Gas Meters
Triplex Property with Separate Gas Meters

318 E Westover Ave, Colonial Heights, VA 23834

$219,900
2,884 sqft

Three-unit residential building requiring full renovation and offered in its existing condition.

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Richmond, VA Triplexes Market Trends and Statistics

Explore 4 triplexes for sale in Richmond, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,236 square feet of properties for sale, with an estimated market value of $3,169,850.

Sale prices for three-family homes in Richmond, VA start at $599,900, averaging $792,462, and reaching up to $985,000 — 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 45
Apartment buildings 23
Quadplexes 10
Short term rental properties 4
Triplexes 3

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
23220 $792.5K

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Richmond City County

Residential Income

Property Size Breakdown

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

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