Richmond Apartment Buildings for Sale

Property Photo 21 photos
21 photos

3201 Watson Avenue

3201 Watson Avenue, Richmond, VA 23234

20,859 SF$1,500,000

Multi-Family

The Meadows Investment Properties is a package of 21 rental properties offered for $1.5M, located in the city of Richmond, VA. All are currently occupied with long time tenants utilizing RRHA (RICHMOND REDEVELOPMENT HOUSING AUTHORITY) and VRC (VIRGINIA RESOURCE CENTER) SECTION 8. Assured rents are deposited directly to owner. All the properties have excellent rent histories, most tenants have been there at least 3 years, many over 10 years. The return on investment is 12%. This is an excellent investment that will pay for itself. The Section 8 checks will be deposited directly to the new owner's account by Section 8. Most of the properties are under 2 miles from the Shockhoe Stadium project in historic Shochkoe Bottom. See for more information. The longtime owner has taken good care of all these homes, performing all home maintenance tasks diligently. Owner will share list of contractors familiar with the properties. All homes have central heat and air systems, and are brick or vinyl sided and have replacement windows and newer roofs. Appliances included.

Property Photo 5 photos
5 photos

219 E Grace Street

219 E Grace Street, Richmond, VA 23219

2,923 SF$275,000

Multi-Family

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

5502 Stella Road

5502 Stella Road, North Chesterfield, VA 23234

11,000 SF$745,000

Multi-Family

Very rare opportunity to own a group of duplexes in Chesterfield County. Excellent cash flowing property getting well over a 15% cash on cash return 5 duplex on the same cul de sac 2- 3 bedroom 1.5 bath units avg rent 740 8- 2 bedroom 1.5 bath units avg rent 845

Property Photo 1 photo

2906 E Broad Street

2906 E Broad Street, Richmond, VA 23223

8,000 SF$1,125,000

Multi-Family

This fully leased, eight unit, two bed, one bath apartment building is a great income producer. The building is ready for a full condo conversion with approved documentation already in place. The building was fully renovated in 2009 including heat pumps. The roof was replaced in 2008. Located just three blocks from Chimborazo Park and adjacent to the new Anthony's Italian restaurant makes this for an exceptional investment.

Property Photo 14 photos
14 photos

1229 Hull Street

1229 Hull Street, Richmond, VA 23224

11,058 SF$274,950

Multi-Family

**Builders, Developers and Renovators** Here is the property you have been dreaming about. 1229 Hull Street!! Take advantage of the Historic Tax Credits. Area is experiencing revitalization, with many other renovations and new development on this street as well as the immediate area. The New Courthouse is just 3 blocks away. It will be hard to find anything similar in the area that has not already been renovated. Plans have been submited and approved for 10 residential units and 2 commercial spaces. Parts 1 & 2 of the DHR have been approved as well as a Tax Abatement. This is a dream project and can be handed over with all the currents plans, or you can submit your own plans. Call today. Corner of 13th Street and Hull Street. Just 3 - 4 blocks away from the New Courthouse. Designs: http://architecturedesignoffice.com/dl/1223_1229_PERMIT_SET_110307.pdf

Property Photo 2 photos
2 photos

2112 E Clay Street

2112 E Clay Street, Richmond, VA 23223

6,000 SF$950,000

Multi-Family

Mixed Use Development | 5 Apartments + Cafe/Retail Space. Under Construction/Development. This project will feature 5 ultra modern apartments with skyline views of downtown Richmond. And a cafe/retail space on the ground floor. All units have off street parking. The property literally sits on the Park at the foot of Historic Church Hill and Union Hill. minutes from VCU and MCV campus. Perfect location for high income graduate medical students looking for new construction rentals. This project is being developed by Snipes Properties and built by RiverWest Contractors. Construction Perm financing for end buyer or 30% JV option available for serious investors.

Property Photo 21 photos
21 photos

108 E Cary Street

108 E Cary Street, Richmond, VA 23219

11,683 SF$1,700,000

Multi-Family

Two historic buildings situated in Richmond' s historic Monroe Ward. The 2 buildings were gutted and renovated approximately 10 years ago with new roofs, HVAC systems, electrical and painting the trim work. The charming features of the building and grounds assist the owner in securing stable tenants. The property consists of two buildings which include 10 units of commercial and residential uses. The apartments are a mixture of townhouse and garden style. There is a charming courtyard and outdoor space for most units.

Property Photo 17 photos
17 photos

1500 W Leigh Street

1500 W Leigh Street, Richmond, VA 23220

9,150 SF$1,750,000

Multi-Family

Five Executive Town Homes - good income! Energy-efficient, low-maintenance homes with garages and walking distance to VCU, VUU, Maggie Walker Governor's School, Kroger, Starbucks,and close to MCV, Downtown, Interstate. 95. Brick sidewalks and beautifully landscaped with garages, front and back porches, like new, 3-4 large bedrooms, 3 full baths, open floor plans with hardwood and tile floors, laundry rooms, all appliances convey including washers and dryers in all units. Exteriors newly painted. Fully Leased at $2200/mon.with 1 year leases. Tenant pays all utilities. Sold 'As Is'

Property Photo 14 photos
14 photos

3914 Chamberlayne Avenue

3914 Chamberlayne Avenue, Richmond, VA 23227

8,960 SF$900,000

Multi-Family

Welcome to the Roanoke Building. The Roanoke is a 20 unit Apartment complex located on Chamberlayne Avenue in Richmond, Virginia. The property consists of 20, one bedroom units. The building has a shingled roof and vinyl siding making this a very low maintenance property. The units rent for $535.00 each, and tenants pay for their own electric. The owner will pay for water, sewer and trash. There is a very small lawn care footprint in front of the building, with the rest of the land covered by a parking lot. The units are heated and cooled with HVAC units, electric. The units have a living room, kitchen, bathroom and bedroom. The Roanoke building is located within minutes of Downtown Richmond, and 3 local colleges, MCV, VCU and VUU. Chamberlayne Avenue is on the Bus line, and within minutes of shopping, restaurants, laundry and major transportation routes. If you are looking for a Low Maintenance, Positive Cash flow Multi-family Apartment, then you will want to take a look at The Roanoke building.

Property Photo 17 photos
17 photos

3814 Chamberlayne Avenue

3814 Chamberlayne Avenue, Richmond, VA 23227

8,904 SF$900,000

Multi-Family

Welcome to the Petersburg Building. The Petersburg is a 20 unit Apartment complex located on Chamberlayne Avenue in Richmond, Virginia. The property consists of 20, one bedroom units. The building has a shingled roof and vinyl siding making this a very low maintenance property. The units rent for $535.00 each, and tenants pay for their own electric. The owner will pay for water, sewer and trash. There is a very small lawn care footprint in front of the building, with the rest of the land covered by a parking lot. The units are heated and cooled with HVAC units, electric. The units have a living room, kitchen, bathroom and bedroom. The Petersburg building is located within minutes of Downtown Richmond, and 3 local colleges, MCV, VCU and VUU. Chamberlayne Avenue is on the Bus line, and within minutes of shopping, restaurants, laundry and major transportation routes. If you are looking for a Low Maintenance, Positive Cash flow Multi-family Apartment, then you will want to take a look at The Petersburg building.

Richmond Apartment Buildings for Sale

Search duplexes, garden-style and large, multi-family apartment buildings for sale on Cityfeet.com. There are tens of thousands of apartment buildings for sale on Cityfeet, with apartment buildings being one of the most popular property types for Cityfeet investors. For more available apartment buildings visit LoopNet.com.

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