NOT LISTED FOR SALE
8 Beds
-- Bath
2,736 Sq Ft
8,102 Sq Ft Lot

Last Sold February 10, 2020

Last sale price $370,000 $135 Per Sq Ft

7 Days on Market

About This Home

As of February 2020

Located in Richmond’s Northside, this quad features traditional architecture from the 1920’s with brick construction. The large parcel includes a landscaped front yard and a rear yard with a large off-street parking area.

Each of the four apartments are two-bedroom/one bath units and runs the length of the building providing natural lighting from windows overlooking both the front and rear yards. All units also include outdoor living spaces on street-facing terraces and rear decks. Other unit amenities include hardwood flooring, replacement windows, and fully equipped kitchens. All units are separately metered for utilities including electric and water.

2807 Barton Ave has strong historical occupancy and room for rent growth. An investor could assume ownership and immediately benefit from the current cash flow. Alternatively, those willing to do some light renovation would yield a return in substantially increased rental rates. The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, this listing offers a tremendous opportunity in this emerging neighborhood.

Last Agent to Sell the Property

Justin Sledd

One South Commercial LLC License #0225191850 Listed on: 12/17/2019

One South Commercial LLC

Co-Listed By

Tom Rosman

One South Commercial LLC License #0225268571

Last Buyer's Agent

Lisa Patel

KW Metro Center License #0225227572

KW Metro Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1926

Lot Details

  • 8,102 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property

Schools

  • Overby-Sheppard Elementary School
  • Martin Luther King Jr. Middle School
  • John Marshall High School

Community Details

  • 4 Units
  • Brookland Park Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number N000-0786-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,868

Year Built

Built in 1926

Lot Details

8,102 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1926
  • Lot Size Acres: 0.186
  • Co List Office Mls Id: ONES01
  • Co List Office Phone: 804-353-0009
  • Ownership: Corporate
  • Subdivision Name: Brookland Park
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Living Area: 2736.0
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: N000-0786-017
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2868.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Overby-Sheppard
  • High School: John Marshall
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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 List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $370,000 +2.8% $135 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/17/2019 12/17/19 For Sale $360,000 -- $132 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,568 $483,000 $110,000 $373,000
2024 $5,568 $464,000 $105,000 $359,000
2023 $5,208 $434,000 $75,000 $359,000
2022 $4,680 $390,000 $65,000 $325,000
2020 $2,904 $242,000 $50,000 $192,000
2019 $2,868 $239,000 $45,000 $194,000
2018 $2,700 $225,000 $45,000 $180,000
2017 $2,700 $225,000 $40,000 $185,000
2016 $2,436 $203,000 $29,000 $174,000
2015 $2,400 $200,000 $29,000 $171,000
2014 $2,400 $200,000 $29,000 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1938297

Central Virginia Regional MLS

APN: N-000-0786-017

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