18 Multi Family Homes For Sale in Richmond, VA

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$849,950Est. Payment
-- Beds | -- Baths | 3,958 Sqft
418 Strawberry St, Richmond City, VA 23220
Multi Family For Sale

Welcome to 418 Strawberry Street, a charming 1909 duplex with 2 dedicated parking spaces, situated on a premier block in the Fan! This building has flexibility for those who want to live here & rent the upstairs (or maybe even the downstairs as an Airbnb...there is a separate entrance!) or for someone who wants to rent both units out. Then again, it's a wonderful property & could be converted into a single family residence. Current owners are living on the main floor & have finished most of the basement with a guest bedroom, spacious laundry room, large office, clothing storage room & another full bath. These owners have embraced all the fun of living in the Fan--they have managed to make a large primary bedroom on the main floor, with a full & 1/2 bath, plus an office, a flex room, a family room & kitchen. Just past the kitchen is a wonderful pantry that leads to a fenced, paved private patio area. Right behind the patio alley is iconic Scuffletown Park, with live music, neighborhood gardens, & gathering spots. This is truly Fan living at its best, where you can be as involved or hands off as you want to be. If desired, much of Unit 1 furniture could convey.

$335,000Est. Payment
-- Beds | -- Baths | 2,406 Sqft
4908 Chamberlayne Ave, Richmond City, VA 23227
Multi Family For Sale

Excellent Investment opportunity in the city of Richmond! This Duplex brick home offers 6 bedrooms and 2 full baths in the North Ginter Park subdivision with potential to turn into a triplex. Imagine your income potential! This duplex is conveniently located to shops, downtown and nearby to the interstates. Home is being sold as-is.

$485,000Est. Payment
-- Beds | -- Baths | 1,912 Sqft
4418 Augusta Ave, Richmond City, VA 23230
Multi Family For Sale

Classic brick duplex on a quiet, tree lined street, in the heart of Sauer's Gardens. Perfect for an owner occupant, or great addition to a rental portfolio. Both spacious units have fully updated, eat in kitchens, and fully updated bathrooms, refinished hardwood floors, HVAC, with gas back up heat, their own separate basement accesses with private laundry and some storage. Additionally, each unit features its own large covered side porch, and smaller rear porch. Both have been freshly painted throughout as well. Tenants currently park on the street, but, there is off street access from the alley. This duplex has been very well maintained and is turn key. Don't miss it!

$479,950Est. Payment
-- Beds | -- Baths | 2,132 Sqft
2921 Floyd Ave, Richmond City, VA 23221
Multi Family For Sale

Welcome to 2921 Floyd Ave a renovated Duplex in the Heart of the Fan District! This move in ready property is a perfect opportunity for an owner occupant looking for a great location in a very walkable area of the Fan OR an investor looking for a easily occupied rental where the hard lifting has already been done! First floor unit is currently vacant and features 2 bedrooms, 1 bath with tall ceilings, original mantles, heart of pine floors and pocket doors! Spacious kitchen boasts granite counter tops, gas cooking, lots of cabinet space and newer stackable washer dryer and walks out onto a nice sized porch overlooking the privacy fenced rear yard. Second floor unit features 2 beds, 1 bath and an office also boasting newer mini splits and tall ceilings, heart of pine floors, transoms over the doorways, and original mantles and trim throughout! Spacious kitchen with maple cabinets, granite counter tops, with a nice sized bar area and walks out onto a larger rear deck!

$574,950Est. Payment
4 Beds | 3 Baths | 2,940 Sqft
2001 Grove Avenue, Richmond, VA 23220
Multi Family For Sale

Magnificent opportunity to own a duplex in the heart of the historic Fan District. They do not build them like they did in 1917 anymore. Incredible opportunity for owner-occupant with other unit income producing, investment unit or return to single-family home. Gorgeous structure loaded with quality features. 12 foot ceilings, striking hardwood floors throughout, artistic fireplaces, large front and back porch, new roof as of 2017 and dual-zoned central air in both units. The huge windows in all of the rooms fill the space with natural light. The 2 spacious kitchens feature gas cooking, dishwasher, refrigerator and plenty of storage space. Off of the upstairs kitchen there is a sunroom perfect for your morning coffee. Each unit also offers generous common areas. The basement has plenty of storage with a washer and dryer included. Being sold "AS IS".

$799,000Est. Payment
-- Beds | -- Baths | 3,836 Sqft
1263 W Cary St, Richmond City, VA 23220
Multi Family For Sale

Location, location locationOne block from the Life Science building and steps away from VCU parking garage. Extraordinary turnkey large duplex with 4 Beds / 2 baths & private laundry rooms in each unit in the heart of VCU! The property also comes with 2 OFF-STREET PARKING spaces, a two-story deck & wifi exterior security cameras. Each unit has always been rented as a 4-bedroom, given the size of rooms, and currently receives $4,800/month in rent ($57,600/year) with upside potential, Unit 1 has already expressed interest in renewing. Owner Occupy and have the mortgage & have your mortgage paid for. Tenant is responsible for all utilities & both units are SEPARATELY METERED for water, sewer & electric. This property never stays vacant. At $208 PSF its a bargain! The owner recently upgraded the floors, bathrooms, kitchen & sealed the roof.

$459,900Est. Payment
-- Beds | -- Baths | 2,700 Sqft
2618 Semmes Ave, Richmond City, VA 23225
Multi Family For Sale

Welcome to this charming slate roofed, Victorian style duplex that is situated on a corner lot in the sought after Woodland Heights neighborhood. This 2700 sq foot multi-family property has 2 spacious units. The first floor unit is 2 bedroom, 1 bathroom & the second floor is 3 bedroom 1 bathroom layout. Each unit has private parking and storage. Enjoy being walking distance to Forest Hill Park, coffee shops and restaurants. New two zone HVAC 2020 and updated electrical panel. This home offers double rental, owner occupant/one rental or, conversion back to a single family home. The possibilities are endless.

$495,000Est. Payment
-- Beds | -- Baths | 4,436 Sqft
1407 Hull St, Richmond City, VA 23224
Multi Family For Sale

Looking to mold something into your very own? Look no further than this excellent opportunity to own this multi-use space. There is a retail/commercial space on the primary level. Then the second level is the perfect space for 8 studio apartments. This space includes 2 garages at the rear of the building. Tons of income producing potential. Don't let this opportunity pass you by, schedule a tour today!

$420,000Est. Payment
-- Beds | -- Baths | 2,512 Sqft
1403 Horsepen Rd, Richmond, VA 23226
Multi Family For Sale

This Stately duplex has been a great rental property through the years. Facing Horspen Rd, it features 4 lots and both units have been well maintained. The larger unit (A) includes a den with a fireplace and would be perfect for an owner occupant who wanted to keep the other unit for rental income. It is currently vacant and ready for move-in. If the choice is to rent it out the unit is ready for occupancy. Its location has made it very easy to rent through the years. The second unit (B) is currently rented so tenants' rights do convey. There is a large garage in the back, a brand new masonry front porch with bluestone, and plenty of off-street parking. Tenants pay separate utilities. Units include washers, dryers, stove, refrigerator, central air, furnace, and gas water heater.

$571,000Est. Payment
-- Beds | -- Baths | 2,240 Sqft
3409 Monument Ave, Richmond City, VA 23221
Multi Family For Sale

LIVE FORECLOSURE BIDDING MAY 18 at 11:00 am ET. List price based on tax value. No early offers presented. No access/showings. Foreclosure of brick & slate Monument Avenue duplex in the Museum District! Tons of upside! Tranzon has not been provided access, but according to city records and MLS, the Property contains two generous 2BR/1BA, 1,120s/f units. R-6 Zoning offers exciting redevelopment possibilities. Note: This property is 1 of 7 houses in Richmond, VA and Franklin, VA available at live foreclosure bidding on May 18.

$363,000Est. Payment
-- Beds | -- Baths | 3,715 Sqft
3612 Hawthorne Ave, Richmond City, VA 23222
Multi Family For Sale

LIVE FORECLOSURE BIDDING MAY 18 at 11:00 am ET. List price based on tax value. No early offers presented. No access/showings. Foreclosure of Ginter Park 3-Plex! Classic 1910 stucco in a neighborhood seeing renovations and property upgrades. Tranzon has not been provided access to the property, but according to city records and/or MLS, its +/-3,715 s/f of living space comprise 3 generous units: +/-1,008s/f, 2BR/1BA Unit, +/- 878s/f, 2BR/1BA Unit, +/- 1,575s/f, 3BR/2BA Unit. Note: This property is 1 of 7 houses in Richmond, VA and Franklin, VA available at live foreclosure bidding on May 18.

$395,000Est. Payment
-- Beds | -- Baths | 1,724 Sqft
1603 W Main St, Richmond City, VA 23220
Multi Family For Sale

Unique Fan Duplex opportunity for investors and owner occupants. Currently used as residential multifamily and has the potential use as commercial business (UB-PO3 Zoning District). Featuring one bedroom floor plans both up and down, the property is primed for value add. Short term leases in place. Downstairs unit will be vacant at closing. Upstairs will be vacant on June 13, 2021. Market rent in current condition for this property would be $1,000 a month. Separately metered for gas and electric. Off street parking available in rear of property. Walking distance to VCU Monroe Park Campus, premier dining and fan establishments.

$395,000Est. Payment
-- Beds | -- Baths | 2,541 Sqft
809 Mosby St, Richmond City, VA 23223
Multi Family For Sale

Historic Richmond has first right of refusal on this property. 809 Mosby Street was renovated in 2008. All systems were replaced during the renovation. MLS pictures are before the tenants moved in and added only for additional informational purpose. However, current pictures would look very similar. This property has been very well cared for!! Easily could be turn back into a single family home. Off street parking in back with lots of lighting and privacy fence. Unit 1: 1st floor, 1 bedroom 1 bath with lots of space, updated kitchen with refrigerator, range, microwave, and dishwasher, new heat pump last summer, great original pine floors.Unit 2: This one is a fabulous 2 story apartment with 3 bedrooms and 2 full baths, lots of closet and storage space, same great baths, kitchen and floors as unit 1.

$774,500Est. Payment
-- Beds | -- Baths | 1,938 Sqft
2528 W Main St, Richmond City, VA 23220
Multi Family For Sale

Rare opportunity to own this multi-use UB zoned property in the Fan known for its iconic Polar Bear.Great location in walking distance to bars, restaurants, shops, local markets and Carytown. Newly renovated with attractive rental income, UB zoning with lots of options for use as well as approved by the City for a short term rental (AirBnB).UB zoning allows for commercial/mixed use or multifamily. Currently consists of 2 residential units which were completely renovated in 2018/2019. New electrical, new plumbing, new HVAC, new flooring, walls, paint, newer windows, new kitchens and appliances and bathrooms, new laundry rooms, etc. Downstairs unit is a 2 bedroom, 1 bath, actively rented through AirBnB with great rental income. The upstairs is a large open concept 1 bedroom, 1 bath unit, currently owner-occupied. 2 off-street parking spaces in the back. Could be possibly converted and sold as 2 condos for highest and best use (do your own research on this, please).

$440,000Est. Payment
-- Beds | -- Baths | 1,216 Sqft
1912 Parkwood Ave, Richmond, VA 23220
Multi Family For Sale

***FANTASTIC INVESTMENT OPPORTUNITY*** Walking distance to restaurants and entertainment in the Fan. Brick renovated (2012) duplex renting for about $2000 per month and a huge garage with Heat and A/C and a full bathroom renting for $680 per month. Front and back porches and a nice back yard leading to a coin operated washer & Dryer. Fully rented with no vacancies since 2012. Need 24 hour notice for tenants.

$249,950Est. Payment
-- Beds | -- Baths | 1,750 Sqft
15 Dundee Ave, Richmond City, VA 23225
Multi Family For Sale

Calling all investors. This corner duplex is the perfect opportunity to expand your portfolio and earn some passive income at the same time. Both units are rented, and tenants are pleased to stay on. Upstairs has 3 bedrooms and one bath; downstairs has 2 bedrooms and 1 bath. Monthly income is $875 and $825. Landlord pays water and sewer, and tenants are responsible for all other utilities. This is a neighborhood where you can see neighbors out talking with each other, kids riding their bikes, and dogs taking their owners for a walk. Come take a look while interest rates are still low and before the housing prices start to go up in this area of the city. Property being sold "As Is".

$1,250,000Est. Payment
-- Beds | -- Baths | 2,145 Sqft
512 N 3rd St, Richmond City, VA 23219
Multi Family For Sale

512 N 3rd St 2154sf Duplex and 3 vacant lots (5,735sf) in Richmond's Urban Core Area designated a Priority Growth Node just off I-95 exit zoned for High-Density Residential and/or Office development at MCV Hospitals, biotechnology research center, retail, offices, hotels, and restaurants. Jackson Ward is one of Richmonds most valuable and significant neighborhoods becoming a high-density, pedestrian-oriented transit hub.

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