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Mosby Multifamily Home for Sale

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    $2,300,000

    • 14,899 Sq Ft

    1401 Coalter St, Richmond, VA 23223

    Investment Opportunity: 20-Unit Apartment Complex with Value-Add Potential.Discover this well-positioned 20-unit multifamily property, it provides solid mix of both long-term tenants, and newer short-term tenants with newer leases of $ 1250.00, providing both stable cash flow, and room for income growth. With a Mix that includes several partial vaulted ceilings, adding to the architectural

    Kenneth Byers Weichert Brockwell & Associate

    1401 Coalter St, Richmond, VA 23223

Why Live in Mosby

Mosby, located near the East End of Richmond, provides residents with convenient access to downtown, just 6 minutes away. This mainly residential neighborhood features small single-family homes on modest lots with shallow, fenced front lawns. Many homes, built in the mid-1900s, retain their original condition, though renovations and modern updates are becoming more common. The area showcases a variety of American vernacular styles, including single-story bungalows, contemporary Cape Cods, minimal traditional homes, and two-story foursquare Colonial Revival houses. Mosby Court, a public housing project, consists of brick Colonial Revival row houses centered around a shared yard. Local convenience stores provide groceries and essentials, while downtown Richmond offers additional shopping and dining options. Community institutions support residents with discounted groceries and mentoring programs for high school students. The neighborhood's crime rate is comparable to the national average, making it a practical choice for those seeking affordability and proximity to the city. The homes in Mosby range in price, with three-bedroom minimal traditional homes without updates starting around $135,000 and updated three-bedroom bungalows reaching up to $220,000. This price range makes Mosby an affordable option for many homebuyers.

Home Trends in Mosby, VA

Housing Trends

Median Sale Price
$305,250
Median Single Family Sale Price
$305,250
Average Price Per Sq Ft
$205
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$317,475
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
77%
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