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2502 North Avenue, Richmond, VA 23222

Local realty services provided by:CENTURY 21 Realty @ Home
2502 North Avenue,Richmond, VA 23222
$2,120,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: matt smith
Office: weichert brockwell & associate
MLS#:2519594
Source:RV

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Price summary

  • Price:$2,120,000

About this home

RVA MULTI-FAMILY RENTAL PORTFOLIO- 16 UNITS Investors- Looking to add some Quality units to your rental portfolio? If so, then take a look at this 7-property, 16-unit, Multi-family Rental Portfolio. This Portfolio consists of 1 QUAD and 6 Duplexes. All units are rented. All units are individually metered for water and power, so tenants pay all utilities. All properties have been renovated prior to rental. All properties are all electric. This is an All or None sale, all 7 properties are for sale as a package. All properties may be inspected, and there will be a group showing for qualified buyers who can provide Proof of Funding as well as Proof of downpayment funds to secure funding. These properties are all in Richmond, Brookland Park area. All rents are good but below Market, so there is ample room for rental growth. Currently bringing in over 18K per month with little overhead. Don't let this Turnkey Richmond Rental Portfolio pass you by. Sale includes the following properties:

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Home facts

  • Year built:1924
  • Listing ID #:2519594
  • Added:158 day(s) ago
  • Updated:December 18, 2025 at 07:48 AM

Structure and exterior

  • Roof:Composition
  • Year built:1924

Schools

  • High school:John Marshall
  • Middle school:Henderson
  • Elementary school:Overby-Sheppard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,120,000
  • Tax amount:$4,248 (2024)
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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