$825,000
PENDING $25K PRICE DROP

Estimated payment $4,872/month

Total Views 21,698
-- Bed
-- Bath
3,132 Sq Ft
$263 Price per Sq Ft

Highlights

  • Community Lake
  • Property is near public transit
  • Balcony
  • Open High School Rated A+
  • Tennis Courts
  • Thermal Windows

About This Home

Welcome to 2111 Maplewood Avenue in the heart of RVA's Byrd Park neighborhood. This rare all-brick Quad apartment building (4 units of 780 sqft and 2 Bedrooms & 1 full bathroom each) has an outstanding rental history and a fantastic location. Perfect for city workers, VCU students or people who love to walk/run/bike in the nearby Byrd Park & Maymont! All utilities and systems are on separate meters and each unit features central air w/ gas heat, Private assigned parking behind the building and washer/dryer hook-ups in-unit. All units were refreshed with updated flooring and systems less than 10 years ago. The block has beautiful curb appeal and will be a sound investment for years to come. Unit D was recently leased through March of 2026 for $1425 per month/Unit B is leased through July 30th 2026 for $1450 monthly/Apt A should be rented shortly for $1450 monthly/Unit C (long-term tenant) renewed for $1300 through June 30, 2026. Total monthly rental income is $5,625 monthly, for a roughly 7.50% CAP Rate. Recent updates include: All new roof system in 2020, New Gas Furnace in Unit B 10/2024, New Electric Water Heater in Unit C 4/2025 and a fully remodeled crawl space completed in 3/2025: including new poly liner & insulation. This is a rare Byrd Park area multi-family opportunity to own a solid 4-unit investment property with great cash flow and RVA rental rates that only going up each year! *Note: The posted interior photos are from Unit A in 2024 - All 4 Units have the same flooring, paint color & kitchen finishings.* 8-1-25 Update: BUYER FINANCING FELL-THROUGH AND PROPERTY IS BACK ON THE MARKET AT NO FAULT OF THE SELLER.

Listing Agent

Aaron Gilbert

BHHS PenFed Realty Brokerage Email: Aaron.Gilbert@PenFedRealty.com License #0225103941 Listed on: 05/01/2025

BHHS PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,785 Sq Ft Lot
  • Property fronts an alley
  • Level Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Parking

  • No Garage
  • On-Street Parking
  • Open Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Front Porch

Location

  • Property is near public transit

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W000-0935-011

Community Details

Overview

  • 4 Units
  • Community Lake
  • Pond in Community

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Building Details

  • Gross Income $5,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,180

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1924
  • Attribution Contact: Aaron.Gilbert@PenFedRealty.com
  • Lot Size Acres: 0.0869
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Renovated
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Water Heater
  • Basement YN: No
  • Door Features: Insulated Doors
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters, Cable TV, Wired for Data
  • Living Area: 3132.0
  • Stories: 2
  • Window Features: Screens, Thermal Windows

Exterior Features

  • Roof: Flat, Rubber
  • Fencing: None
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Balcony, Rear Porch, Front Porch

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Alley Access, No Garage, Parking Lot, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked

Condo/Co-op/Association

  • Community Features: Lake, Playground, Pond, Public Transportation, Tennis Court(s), Trails/Paths, Park, Street Lights

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-0935-011
  • Zoning Description: R-6

Multi Family

  • Gross Income: 5625.0
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6180.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $825,000 0.0% $263 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $825,000 -2.9% $263 / Sq Ft
05/01/2025 05/01/25 For Sale $850,000 -- $271 / Sq Ft
Source: Central Virginia Regional MLS

Source: Central Virginia Regional MLS

MLS Number: 2510036

Central Virginia Regional MLS

APN: W-000-0935-011