2111 Maplewood Ave Richmond, VA 23220
Byrd Park NeighborhoodEstimated payment $4,872/month
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
BHHS PenFed Realty Brokerage Email: Aaron.Gilbert@PenFedRealty.com License #0225103941 Listed on: 05/01/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 2510036

APN: W-000-0935-011
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