Courtesy: Samson Properties
Luke Catron
804-339-8603
Turnkey duplex opportunity in Richmond’s desirable Northside neighborhood. 3104 Edgewood Ave features two spacious 3-bedroom units with updated kitchens including quality cabinetry, granite countertops, and stainless steel appliances. Both units also offer renovated bathrooms, updated HVAC systems, thermal windows and beautifully refinished hardwood floors. Tenants enjoy functional layouts, abundant natural light, off-street parking behind the property, a garage, and a fenced yard. With strong tenants already in place, this income-producing duplex offers immediate cash flow and an excellent opportunity to expand your portfolio in a high-demand area.
Courtesy: NextHome Partners Realty
Walter Mena
804-833-9446
Excellent investment opportunity in a highly convenient Richmond location! This well-maintained duplex sits on a spacious over half-acre lot directly across from the McGuire VA Medical Center, offering strong rental demand and long-term value. The property features a large concrete driveway, privacy fencing, and two electric gates providing secure and easy access. Outdoor amenities include a detached garage and a covered outdoor kitchen/patio area, creating additional usable space ideal for entertaining, relaxing, or tenant enjoyment. The generous lot provides ample parking and outdoor flexibility that is rarely found with multifamily properties in the area. Conveniently located near major roads, shopping, dining, and downtown Richmond, this property offers both accessibility and strong income potential. Please see the Feature Sheet for a full list of property features and updates.
Courtesy: RE/MAX Commonwealth
John Clark
804-922-6922
Fully occupied BRICK DUPLEX in GINTER PARK! 3 BEDROOMS and 1 FULL BATH per unit. Up unit (A) $1500/mo. Down unit (B) $1500/mo. $3000 gross monthly rent! Tenants currently month to month. Double paned windows throughout! Electric separately metered and paid by tenants. Gas separately metered, paid by tenants. Water on one meter, currently paid by owner/landlord. Easy to rent! Close to public transit! 10 minutes from the heart of Richmond. Less than 10 minutes from VCU campus. Up and down units with almost identical floor plans. Beautiful hardwood floors! Beautiful, level yard. Rear parking as well as street parking. Sold as-is.
Courtesy: RE/MAX Commonwealth
David Riley
804-337-1809
Investor Special. Built in 1921, this converted duplex home offers tons of potential in the desirable Battery Park. Property is ready for renovation and restoration. Sold strictly as-is/where is. Lots of great revitalization in the area.
Courtesy: Samson Properties
Rhonda Carroll
804-815-0642
Welcome to 100 S. Shields — a turnkey, all-brick duplex in the heart of The Fan, one of Richmond’s most sought-after rental corridors. Offered BELOW 2025 appraised value, this purpose-built duplex offers two well-maintained 1-bedroom, 1-bath units with leases secured through May 2027, providing immediate income stability and long-term investment confidence. Each unit showcases classic hardwood floors, granite countertops, full appliance packages including refrigerators and dishwashers, in-unit washer/dryers, private porches or balconies, and central heat and air. The property is separately metered for water and electric, allowing for streamlined management and operational efficiency. Recent exterior improvements enhance both curb appeal and durability, including reappointed brickwork, fresh paint, and a new roof (2024) — reducing near-term capital expenses and protecting your investment. Positioned in one of Richmond’s most walkable and consistently high-demand rental markets, the property offers easy access to Carytown, VCU, Maymont, and Byrd Park. Tenants enjoy the ability to walk to restaurants, coffee shops, retail, and entertainment — a key driver of sustained occupancy and premium rental demand year after year. Whether you’re looking to expand your portfolio or secure a low-maintenance asset in a proven neighborhood, 100 S. Shields presents a rare opportunity to own a stabilized duplex in The Fan with built-in cash flow and long-term appreciation potential.
Courtesy: Compass
Jenny Maraghy
804-405-7337
CASH COW! Gross income of $5000 a month. Check out this duplex in the center of VCU country! Beautifully maintained. The owners even send cleaners once a month. The lower level is one unit which features 2 bedrooms, a kitchen with laundry plus a bath. The upper level unit is be 5 bedrooms, has a kitchen, 2 bath and laundry. This location does not get any more convenient for your tenants! Walk to Kroger. Nice large fenced yard. PLUS a great 2 story garage or storage building-- lots of options here! Nice storage for your tenants or use it for storage/supplies for your other city investments. NEW ROOF Fully occupied. All leases expire on July 31.
Courtesy: Keller Williams Realty
Michael Ryan
804-873-9333
Welcome to the heart of Carytown! This fully detached brick row house checks all your boxes and is perfect for an investor or an owner wanting to live in one unit and generate income from the other. Walk or bike to an endless list of restaurants, museums, specialty shops and much more. Super convenient highway access to Downtown, Southside and Henrico and there's off street parking behind the property for 2 vehicles. HVAC units and roof are just a few of the recent improvements.
Courtesy: RE/MAX Commonwealth
Philip Innes
804-357-5371
New price! This property is zoned as a duplex offering flexibility to future owners and tenants. The most recent tenants rented as one group for $2,800/month. The first floor features two bedrooms, full bath, living room and kitchen. The second floor features two bedrooms, full bath, living room and the previous kitchen(flex or reinstall the kitchen to be used as a duplex). The property is located just down the street from the VCU campus. There had been consistent occupancy until the property was vacated to coincide with the planned sale.
Courtesy: Long & Foster REALTORS
Kyle Yeatman
804-516-6413
Located in the heart of Shockoe Bottom, the Broom Factory Condominiums offer a rare opportunity to own a thoughtfully restored piece of Richmond history. The best of both worlds - historic and brand new - Originally built in 1921 as the Richmond Broom Manufacturing Company, this iconic industrial building has been reimagined into 12 custom condominium residences that blend historic character with modern urban living. Original architectural elements remain central to the design, including soaring ceilings, oversized steel-framed windows, and industrial details that flood each residence with natural light. Inside, each unit features white oak hardwood floors, quartz countertops, custom tile work, and carefully curated finishes that complement the building’s historic bones while delivering a clean, modern aesthetic. Floor plans were designed with livability in mind, offering generous layouts, well-proportioned bedrooms, and thoughtfully finished bathrooms. The building itself offers a secure and amenity-rich experience, including controlled entry, elevator access from the basement through the second floor, secured covered parking, private basement storage for each residence, and dedicated bike storage. A basement-level pet and gear wash station provides added convenience, while the rooftop deck offers panoramic views of the city skyline and the James River. With just twelve residences, the Broom Factory Condominiums offer a boutique living experience defined by preserved industrial architecture, modern finishes, and an unbeatable Shockoe Bottom location- Just steps from dining, entertainment, and the James River.
Building UPDATES new stairs and rails in last 2 yrs with synthetic stairs on all sets of stairs with vinyl rails, house fully exterior painted siding and all trim and porches in last 5 years. Slate roof treated and maintenance August 2023, new vinyl windows 13 yrs young. 2 window ac units convey with each unit , there is a storage unit shed for each unit adjoining the alley .new right side fence 2 years ago, street parking and alley parking on property off alley if desired as permitted by the City . Trash pick up in alley included in RE Tax bill and storm water bill from City of Richmond. Gutters cleaned fall and spring. New Rubber membrane flat roof over porch decks 8/2023 Lower Unit - freshly painted entire unit 1/2025, new kitchen floor 1/2025, 2 bed 1 bath, all hard wood floors, gas stove, gas furnace 7 yrs young, HWH new in last 5 years, W/D replaced in last 7 yrs, new kitchen sink and cabinet 1/2025, new bathroom vanity in 11/2024, new thermostat, new ceiling fans in 1/2025, new door blinds 1/2025 , pantry in kitchen, new medicine cabinet and bath light in 1/2025 Upper Unit - Painted 5 years ago entire unit, new bathroom floor 3/2025 and new toilet 3/2025, new W/D in last 7 yrs new gas HWH in last 9 yrs new gas furnace in last 9 years. 2 bed 1 bath all hard wood floors, gas stove. new window AC in 6/ 2025, ceiling fans in all rooms, pantry in kitchen,
Courtesy: One South Commercial LLC
Justin Sledd
804-307-4060
2000 Lamb Avenue presents a compelling opportunity to acquire a stabilized, value-add multifamily asset in an improving Richmond submarket. The property consists of eight (8) apartment units and has strong historical occupancy, offering immediate cash flow with upside remaining. Ownership has completed substantial capital improvements, including full renovations of six (6) of the eight units, exterior painting, window replacement as needed and paving of the rear parking lot, significantly reducing near-term capital expenditure needs. The renovated units feature modern finishes in the kitchen & bathroom and in-unit washer and dryers, a highly desirable amenity that supports strong tenant demand and retention. Despite the recent improvements, the property still offers a clear value-add opportunity through the renovation of the remaining two units. Additionally, current rents remain slightly below market, providing investors the ability to capture further upside through strategic rent growth as units turn and market conditions continue to strengthen. Located in an area of Richmond that continues to see reinvestment and neighborhood improvement, 2000 Lamb Avenue benefits from solid fundamentals, strong occupancy, and long-term appreciation potential. This asset is well suited for investors seeking a balance of stable income today with meaningful upside tomorrow.
Courtesy: White House Realty Group
Wray White
804-937-6791
TURNKEY BROOKLAND PARK DUPLEX FULLY RENOVATED 2021–2022. Located in the heart of Brookland Park, this fully renovated duplex offers a rare turnkey investment with timeless 1930s character. Remodeled from top to bottom between 2021–2022, the property combines historic charm with major system upgrades for low-maintenance ownership. Each unit features 2 bedrooms, 1 full bath, plus a sitting room and dining room, providing spacious layouts attractive to long-term tenants. Capital improvements include a new roof (2021), hot water heaters (2022), updated electrical (2021–22), new windows and exterior doors, and recently installed appliances, cabinets, countertops, fixtures, and lighting. Period-inspired design details include iron balusters, wainscoting, original glass doorknobs, French doors, classic sconces, and a front porch with columns, preserving the home’s 1930s character while delivering modern performance. Situated in one of Richmond’s most desirable historic neighborhoods with strong rental demand, walkability, and proximity to downtown, this property offers immediate income potential with minimal future capital needs. Fully rented since 2022.
Courtesy: ERA Woody Hogg & Assoc
Bryan Boykin
804-467-8637
Prime Fan District investment opportunity at 2607 W Grace St—a classic 1910 brick quadplex featuring four (4) one-bedroom apartments in one of Richmond’s most in-demand, walkable locations. With 2,694 sq ft across two stories, plus a partial basement, this property offers a strong footprint for a buy-and-hold strategy with long-term upside. The brick exterior, charming front porch, and off-street parking for two cars add durable appeal and rarity for the neighborhood. Tenants will love being steps from the Fan’s best restaurants, museums, shopping, and nightlife, supporting consistent rental demand. A location-driven asset in a proven submarket—ideal for investors seeking stable cash flow potential and appreciation in the heart of Richmond.
Courtesy: ERA Woody Hogg & Assoc
Bryan Boykin
804-467-8637
Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.
Courtesy: Degratia Realty
Michael Duncan
571-332-1261
Historic Charm. Modern Everything. This Richmond rowhouse has been 95% completely rebuilt, offering the rare opportunity to own a home that blends preserved character with total modern peace of mind. Only the original façade and the wall connected to the historic staircase remain—thoughtfully retained as a nod to the home’s heritage. Everything else is brand new. All permits have been approved, home is technically a duplex but offers an equally good single family residence. The property has been fully reconstructed from the inside out, including all-new electrical, plumbing, structural components, roofing, HVAC, appliances, and systems throughout. Essentially, you’re getting the look and soul of a classic Richmond home with the reliability, efficiency, and comfort of new construction. Designed for today’s living while honoring the past, this home eliminates the common concerns of older properties—no outdated wiring, no aging pipes, no deferred maintenance. Just clean lines, modern finishes, and turnkey living behind a timeless exterior. Perfect for buyers who appreciate history but refuse to compromise on quality, safety, or efficiency—this is a truly rare offering in the Richmond market. Basement chimney is non-fictional, a ventless gas insert could be installed there as well as the main room directly above. UNIT A 2296 SqFt 3Bed2.5Bath Unit B 1148 SqFt 1 Bed1Bath 2 electrical meters 1 water meter **Broker has an ownership interest in ADH Holdings, LLC**
Courtesy: Hometown Realty
Ernie Chamberlain
804-921-4307
Incredible investment opportunity in the heart of The Fan, just steps from premier shopping, dining, and everyday conveniences. This renovated quadplex boasts an exceptional rental history with strong tenants already in place, making it a true turnkey asset. Over the past several years, the property has seen extensive capital improvements, including a new roof, all four HVAC systems, updated plumbing, electrical panels and wiring, fully renovated kitchens and baths, composite decking, and more. Tenants benefit from ample off-street parking and private storage in the exceptionally clean basement. The interior common corridor offers added security and features a stylish decorative fireplace with classic tile, tenant mailboxes, and a shared washer and dryer—an added convenience for residents. Unit 1A, located at the front, boasts LVP flooring, large windows that flood the space with natural light, and a fully updated kitchen featuring soft-close, dovetail cabinetry, granite countertops, and stainless steel appliances. The updated bath includes a tub/shower with a tiled surround. Unit 1B, situated in the rear with private access from the parking area, offers its own porch with composite decking. Inside, you’ll find an updated kitchen with matching soft-close cabinetry and granite countertops, along with a renovated bath featuring a walk-in tiled shower. Unit 2A, upstairs at the front, features on-trend LVP flooring throughout, a fully updated kitchen consistent with the other units, and a renovated bath with a walk-in tiled shower. Unit 2B, upstairs, showcases original hardwood floors, updated kitchen and bath, and a private balcony off the living room—perfect for additional outdoor living space. Each unit also features 10’ ceilings! The owner covers water, sewer, and trash, while tenants are responsible for electric, cable, and internet. With its prime location, thoughtful renovations, and proven income performance, this property represents a rare opportunity in one of Richmond’s most sought-after neighborhoods.
Courtesy: Hometown Realty
Ernie Chamberlain
804-921-4307
Located in the heart of RVA’s highly sought-after Museum District — just a short walk to Carytown and Scott’s Addition — 3509 Park Avenue is a fully leased quadplex in an exceptional, walkable location. Each of the four units offers 643 square feet of thoughtfully designed living space with 1 bedroom and 1 bath, appealing to today’s renters. All units feature modern kitchens with quartz countertops, white cabinetry, and stainless steel appliances, along with stylishly updated bathrooms. Tenants enjoy the convenience of in-unit laundry, efficient mini-split heating and cooling systems, and tankless gas water heaters in every apartment. Open kitchen-to-living room layouts create bright, functional spaces that maximize livability. Additional highlights include off-street parking and replacement vinyl windows throughout the property. With its prime location, strong walkability, and consistently updated interiors, this quadplex remains fully leased year-round, making it a turnkey, low-maintenance investment opportunity in one of Richmond’s most desirable neighborhoods.
Courtesy: River Fox Realty
Ellen Painter
804-337-6528
Welcome to 307 Cedar, a slice of historic Richmond in Union Hill. Built by James and Charles Talbott around 1850, this duplex was renovated in 2000, including new electric and plumbing. Much care was taken to maintain the historical charm without sacrificing modern amenities like dedicated laundry space in each unit, soaring 10+ foot ceilings in the larger of the 2 units, open floor plan and considerable closet space. The upstairs unit offers 3 bedrooms, 2.5 baths, varied length heartpine floors and is leased through the end of 2026 for guaranteed income. The English basement, bottom unit, is a cozy 1 bedroom, 1 bath unit that is regularly leased as a short-term furnished property, but can be an opportunity for someone to purchase as a primary residence and live in, while generating income from the upstairs unit! Convenient to downtown, VCU/MCV and interstates, this is one you do not want to miss!
Courtesy: One South Commercial LLC
Isaac Weintz
804-404-3161
7 N 21st Street is located in the heart of Richmond’s lively Shockoe Bottom Neighborhood. The property features spacious and updated units consisting of one (1) one bedroom/ one bathroom and one (1) two bedroom/one bathroom, large open concept living areas and in unit washer dryer. Tenants enjoy ample outdoor patio space in the rear. Just steps away from many bars and restaurants, this duplex provides buyers with a unique opportunity to own a small multi-family property in Shockoe Bottom!
Courtesy: Rashkind Saunders & Co.
Graham Rashkind
804-467-1229
This well-appointed duplex offers two identical units, each featuring spacious living areas with hardwood floors throughout. The upstairs unit boasts a private balcony, while the lower-level unit includes a covered front porch—perfect for relaxing outdoors. Each unit is equipped with three wall-mounted air conditioning units to keep every space comfortable year-round. Both units feature a large living room, dining room, and two bedrooms with closets that share a convenient Jack-and-Jill bathroom. Tenants will enjoy shared amenities including a full basement with laundry and storage, as well as access to a generous rear yard. The property includes two dedicated off-street parking spaces and easy alley access. Ideally located just a short walk from the VMFA and vibrant Carytown, this duplex combines comfort, convenience, and classic charm in one of Richmond’s most desirable neighborhoods.
Courtesy: Rashkind Saunders & Co.
Graham Rashkind
804-467-1229
This well-appointed duplex offers two identical units, each featuring spacious living areas with hardwood floors throughout. The upstairs unit boasts a private balcony, while the lower-level unit includes a covered front porch—perfect for relaxing outdoors. Each unit is equipped with three wall-mounted air conditioning units to keep every space comfortable year-round. Both units feature a large living room, dining room, and two bedrooms with closets that share a convenient Jack-and-Jill bathroom. Tenants will enjoy shared amenities including a full basement with laundry and storage, as well as access to a generous rear yard. The property includes two dedicated off-street parking spaces and easy alley access. Ideally located just a short walk from the VMFA and vibrant Carytown, this duplex combines comfort, convenience, and classic charm in one of Richmond’s most desirable neighborhoods.
Courtesy: Samson Properties
Linda Cannon
804-399-7067
PRICE REDUCED $20,000! Property back on the market. Financing fell through due to no fault of seller. Attention Investors in Church Hill! This affordable two-story duplex with separate heating features a living room, kitchen, bedroom, bonus room, bath, and bay window in each unit. The electric range and refrigerator in each unit convey. The property has a full front porch and is fenced in on the front. The property is being sold "as is."
Richmond is located in Virginia. Richmond, Virginia has a population of 225,676. Richmond is less family-centric than the surrounding county with 19.89% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond is 34.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.
