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618 N 32nd Street, Richmond, VA 23223

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For Sale

$1,050,000

2,700 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $388.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Exceptional investment opportunity in Richmond offering $96,000 gross annual income! This fully renovated 4-unit property is not only turnkey, but also delivers the highest rental rate per unit among all quadplex sales in the Downtown Richmond area. With long-term tenants in place and quality upgrades throughout, this asset offers immediate cash flow and minimal ongoing responsibilities. Each unit is on a 3-year lease generating a combined annual gross rent of $96,000-a strong return with no property management needed and virtually zero maintenance. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers stability, performance, and peace of mind-all with top-tier rental income already secured. 620 N 32nd Also for sale with identical offering and prefered to sell together. Also offered with the sale is 3108 E Leigh St Rear for parking with the ability to add paid parking for neighboring tenants!
MLS# 2525892

Courtesy Of eXp realty

(804) 729-5188

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.06 Acres
  • Roof Type
    Slate

Map and Directions

Directions to 618 N 32nd Street, Richmond, VA 23223

Home seller CENTURY 21 Realty @ Home

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty @ Home

(434) 395-1225
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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