Richmond Apartment Buildings for Sale

Property Photo 12 photos
12 photos

3118 Semmes Avenue

3118 Semmes Avenue, Richmond, VA 23225

2,829 SF$219,950


Nicely maintained duplex with additional studio apartment on first level making three apartments in total. Wonderful corner lot with huge fenced yard. Wrap around front porch and balconies. Walking distance to amenities: Shops, shopping center, Crossroads Coffee and Tea, bike shops and Forrest Hill Park with access to the James River Park System. Unit mix: 1 two bed, one bath unit at $700/mo. (note: reduced rent for near relative living in unit); 1 studio apts for $410/mo.; one three bed, one bath unit for $870/mo. Tenants pay for electric utility. Priced at just under a 7% cap investment .

Property Photo 17 photos
17 photos

6 N 6th Street

6 N 6th Street, Richmond, VA 23219

5,427 SFPrice Upon Req.


AUCTION: 5 Downtown Richmond Condos - Income Producing or Owner-Occupy Feel the energy and excitement of urban living among other professionals! Walk to the James River, restaurants and more! Choose one or more of these 5 residential condos in the heart of downtown Richmond. Ideal for MCV/VCU resident doctors, students or professionals working downtown. This building was renovated and converted to residential condos in 2007. Leased units are managed by Shockoe Company (Interior photos are actual photos of condos in this building but are representative only and may not be of the exact units being sold). Luxury features and appointments include: - High ceilings - Large windows - Exposed brick - Hardwood flooring - Electric fireplace - Walk in closet - Granite countertops and stainless appliances - Stack washer/dryer - All wood maple cabinets - Ceramic tile and marble baths - Whirlpool tub and separate shower - City views - Secure elevator access - Security cameras - Individual locking basement storage area for your bike and other items - Walking distance to the James River and parks, restaurants, shopping, historical sights, city amenities - On the bus line

Property Photo 10 photos
10 photos

613 Brook Road

613 Brook Road, Richmond, VA 23220

17,000 SF$2,425,000


Prime apartment project located in VCU submarket. Walking distance to Monroe Park campus. 6.71% cap rate investment with 100% occupancy. Upside potential in price per bedroom under rates charged by competing apartments in area. Total renovation within the last six years with new heat pumps, electrical, plumbing, interior build-outs and new rubber roofs. Eco-friendly advantages with bamboo cabinets, pavers, Paperstone countertops, energy saver appliances, high SEER rated heat pumps, fluorescent and LED lighting. Unit mix: 16 two bedroom one baths; 2 three bedroom on and one-half bath units. Tenants pay electric. Owner pays for water/sewer/trash and FIOS internet/FIOS TV. 18 parking spaces plus ample on-street parking. Tax abatement in place. Note project can be purchased as two separate projects. EcoFlats is a stand-alone 12 unit building with its own parking same as Brook Alley Apartments with 6 units. See Kerry's other listings tab at bottom of this page.

Property Photo 5 photos
5 photos

219 E Grace Street

219 E Grace Street, Richmond, VA 23219

2,923 SF$275,000


Unique building mixed retail with residential style property for sale in Downtown Richmond! This property features a rental/commercial office along with 3 separate apartments

Property Photo 5 photos
5 photos

4032 Macarthur Avenue

4032 Macarthur Avenue, Richmond, VA 23227

3,000 SF$665,000


Full renovation completed 2009 to include new roof, attic insulation, dual pane insulated windows, new ceramic tile bath with new tub/shower, vanity and toilet. All new kitchen with Hickory raised panel cabinets, granite counters, light fixtures, ceramic floors, stacked washer/dryer, refrigerator, gas stove, dishwasher, sink w/disposal, gas hot water heater. 13 seer heat pump. Wall to wall carpeting in living room and bedroom. Aggregate exterior walkway. All new mechanical systems including electrical, plumbing, HVAC, cable/phone and hard wired smoke detectors.

Property Photo 4 photos
4 photos

1321 E Main Street

1321 E Main Street, Richmond, VA 23219

38,610 SF$6,500,000


Marcus & Millichap is pleased to present The Wedge at Courtyard Lofts in Richmond, Virginia. The historic building was built in 1873. In 2008, Main Street Realty renovated the property into luxury apartments. The property consists of 54 market rate apartment units and one commercial unit. Retail makes up the first floor of the building and floors two through nine are apartments units. The apartment unit mix consists of one bedroom and one bath units; two bedroom and two bath units; two bedroom and two and a half bath units; and three bedroom and three bath units. All apartment units offer modern amenities and condo quality finishes, such as granite countertops, maple wood floors, and dramatic historic features.

Property Photo 12 photos
12 photos

509 N 35th Street

509 N 35th Street, Richmond, VA 23223

19,364 SF$1,500,000


Welcome to the Glenwood Apartments in Historic Church Hill, Virginia. The Glenwood Apartments are located just a couple blocks off of Broad Street, close to Chimborazo Park. The apartments sit on just under 1 acre of land, and there is room for additional buildings. The buildings are brick and vinyl, and the tenants pay for utilities. The mix of units is very basic, with one 1 bedroom, one 3 bedroom and twenty-one 2 bedroom units. Close to downtown Richmond, MCV College, VCU College and VUU College. If you are looking for a solid Apartment Building, with a manageable size and in a very up and coming area, then the Glenwood Apartments are something you should look in to. Average rental rate for a 2 bedroom unit is $675.00 per month, plus utilities. Laundry and shopping within walking distance, and the property is on the Bus line. Call Today.

Property Photo 40 photos
40 photos

17 E Clay Street

17 E Clay Street, Richmond, VA 23219

27,748 SF$2,352,000


Note: Address, zipcode and total building size are for 17 E. Clay. Please read the attached flyer for additional information on all eight properties. 19 and 21 E. Clay are under contract.These eight properties are part of a larger portfolio owned by a local investor. All single family and mixed use properties are totally leased except for one small commercial space at 21 E. Clay. There are four vacancies at the 18-unit apartment complex at 2400 Barton Avenue. All properties have been rehabbed and are well maintained. Must have 48 hour notice to show because of tenants.

Property Photo 15 photos
15 photos

3910 Chamberlayne Avenue

3910 Chamberlayne Avenue, Richmond, VA 23227

11,512 SF$2,430,000


Welcome to the Gaslight Apartments in Beautiful Richmond, Virginia. The Gaslight Apartments are located within minutes of downtown Richmond and 3 local colleges, VCU, MCV and VUU. The Gaslight Group consists of 3 buildings, there are 18 one bedroom units in each building, making up 54 units. The buildings are either block or brick construction, 1 building has a flat roof and the other 2 have shingled roofs. The properties are heated and cooled by HVAC units, and tenants pay for electric, owner pays for water, sewer and trash. The properties are in good condition, with ample paved parking, and a small landscaping footprint. Rental rate run $550.00 and $600.00 per month. Property currently is running around 93% occupancy. The Gaslight is centrally located, close to shopping, banking, transportation and the property is on the bus line. This property can be purchase as a group, or as a portion of a larger 212 unit portfolio. Call NOW.

Property Photo 17 photos
17 photos

2503 Lynhaven Avenue

2503 Lynhaven Avenue, Richmond, VA 23234

21,544 SF$975,950


**INVESTORS WANTED** Investors, up for sale is a 26 unit Apartment complex, located just off of Jefferson Davis HWY, and close to downtown Richmond. This Apartment Complex in composed of 2 buildings, with brick and vinyl siding and pitched, shingled roofs. HVAC units in each and the tenants pay for electricity, owner pays for water, sewer and trash. There are 23 two bedroom apartments and 3 three bedroom apartments. 2013 numbers show a 9% Cap rate. Call for additional information.

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Richmond Apartment Buildings for Sale

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