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 Designed for today’s living while honoring the past, this home eliminates the common concerns of older properties—no outdated wiring, no aging pipes, no deferred maintenance.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: United Real Estate Richmond
Saiyd Smith
804-729-2741
Fantastic investment opportunity in the exploding Northside section of Richmond! Located minutes from downtown Richmond, 95 and 64. This modern duplex offers 3 bedrooms and 2.5 bathrooms per side, with each unit boasting approximately 1,673 sq ft of living space. Built in 2007 and renovated in 2019, the property features a spacious kitchen with granite countertops, recess lighting, vinyl plank flooring as well as carpet flooring in some areas. It also features a dedicated laundry room, and durable Hardiplank concrete siding. Each unit also enjoys its own spacious private yard, perfect for lounging, gardening, or optional off-street parking. With updated finishes and strong rental potential, this property is ideal for investors with cash flow in place and also owner occupant potential starting in January. It is special as far as style of build being a two sided townhome concept with great long term rental growth potential. Both units are currently rented creating instant cash flow for the new owner. Don't miss out on your opportunity to plant your stake in this thriving community, schedule your showing today!!!
Courtesy: EXP Realty LLC
Corey Chandler
804-807-2686
Exceptional investment opportunity in Richmond offering $96,000 gross annual income and 9.2% CAP rate! 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!
Courtesy: EXP Realty LLC
Corey Chandler
804-807-2686
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. 618 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!
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: Exit Realty Central
Kimberly Plourde
757-328-9886
Discover the potential in this over/under duplex offering a combined 3,416 sq ft of space on a generous lot in the heart of Richmond. Whether you envision restoring its original character or starting fresh with a new build, the location provides excellent access to city amenities, major roadways, dining, and the vibrant Semmes Avenue corridor. Bring your vision and transform this property into something remarkable!
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 bedroom/ one bathroom each, 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: Shaheen Ruth Martin & Fonville
Chelle Bravo
804-426-4853
Welcome to 2618 Main Street, this duplex is located in the heart of the fan, across from Bamboo! Additional features are hardwood floors through most of the building, each unit has its own laundry, fenced in back yard, back patio & off street parking. The upstairs unit features a bedroom with a small office/nursery room so could be configured for 2 bedrooms. The downstairs unit has also been configured to be 2 bedrooms easily. The upstairs unit has a back porch and double entrance. This adorable building is in the heart of everything and would be a great investment or could possibly be converted back into a single family home. Assumable loan on this duplex!
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: Redfin Corporation
Richard Sena
804-904-7258
Charming Richmond Duplex with Proven Rental Income! Discover 3002 5th Avenue — a classic and well-cared-for duplex perfectly positioned in the heart of Richmond. Full of timeless character and investment appeal, this property sits on a generous lot and offers versatility for both investors and owner-occupants alike. Step inside to find original hardwood floors that bring warmth and charm to each unit. Newly renovated in 2021 with updated mechanicals, roof, windows, kitchen in both units and bathrooms. Both sides have enjoyed a consistent rental history, each currently renting for $1,400 per month—providing dependable, steady income. With its prime location just minutes from downtown, residents enjoy quick access to some of Richmond’s best dining, shopping, and entertainment destinations. Whether you’re seeking to grow your rental portfolio or live in one unit while the other helps pay the mortgage, this duplex is a smart and flexible investment in a thriving area. Don’t wait—opportunities like this are rare. Schedule your private showing today!
Courtesy: RE/MAX Commonwealth
John Clark
804-922-6922
Fully occupied BRICK DUPLEX in GINTER PARK! 3 BEDROOMS and 1 FULL BATH per unit. Double paned windows throughout! 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: 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."
Courtesy: The Mueller Group LLC
Teresa Mueller
202-306-2674
1012 W. Franklin St is one of Richmond’s most iconic Greystone/Granite buildings, ideally located in the popular Fan District just steps from VCU. This 8,298 sq. ft. property features SIX units, 18 bedrooms, 12 baths, plus 2 off-street parking spaces and a rear garage currently used as a workshop. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a newer roof (85% metal, 15% membrane). The property is fully leased and generates a monthly income of $14,375 and has been owned for 23 years with 100% occupancy. Notably, Unit 5 offers 1,516 sq. ft. with 3 bedrooms/2 baths ($2,505/mo) and Unit 6 offers 1,482 sq. ft. with 4 bedrooms/2 baths ($2,740/mo). With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps to all of the amenities the Fan has to offer.
Courtesy: One South Commercial LLC
Justin Sledd
804-307-4060
This fully renovated property consists of four one bedroom apartments, each designed to blend modern convenience with timeless character. Recent upgrades include new kitchens, bathrooms, flooring, in-unit washer/dryers, and more. Three of the four units are currently leased at $1,499 per month, generating strong immediate income. The fourth unit has been intentionally left vacant, offering flexibility for an owner-occupant or additional rental potential. The property is separately metered for all utilities, ensuring tenants are responsible for their own usage. Located in the heart of Carytown—home to eclectic shops, top dining, and a lively entertainment scene—4 S Auburn Avenue presents a rare opportunity to own a turnkey multifamily investment in one of Richmond’s most sought-after neighborhoods.
Courtesy: United Real Estate Richmond
Saiyd Smith
804-729-2741
Step into Richmond’s history with this 1910 bungalow-style multi-family home located in the Oakwood–Chimborazo Historic District. This duplex features two open floor plan units making it ideal for investors, house-hackers, or those seeking a home with income potential. Inside, you’ll find spacious layouts with high ceilings, large windows, and timeless character ready for your personal touches. Each unit is equipped with its own kitchen, living area, and bedrooms, offering flexibility for rental or multigenerational living. The property sits on a 3,740 sq. ft. lot, with a backyard perfect for entertaining, gardening, or creating off-street parking. Located just minutes from downtown, VCU/MCV, and all the dining, coffee shops, and parks of Church Hill, this home offers the perfect blend of convenience and historic charm. It is an open canvas with a little TLC you can create a generational stake in this fast developing corner of the city. Whether an owner occupant or a landlord it is a great piece to add to or start your portfolio. Home is being sold as-is. Although no known defects appliances, chimney, and garage are sold as-is. Come out and see this investment opportunity and plant your stake!
Welcome to 3437 Hanover Ave, a fantastic duplex in the heart of the Museum District, just steps from Carytown’s vibrant restaurants, shopping, and nightlife. This well-maintained property offers a prime investment opportunity, with both units currently rented at $1,800 per month and the potential to increase to $2,000 per unit. Each unit features beautiful refinished hardwood floors, new windows throughout, a roof less than 10 years old, and a very large backyard, a rare find in this area. The first-floor unit boasts 1,082 square feet, two bedrooms, one bath, a washer and dryer in the utility room, and a rear stoop overlooking the backyard. The second-floor unit mirrors the layout with 1,082 square feet, two bedrooms, one bath, a washer/dryer hookup, and a 5' x 9' rear deck. Additional features include oak kitchen cabinets, ceiling fans in all bedrooms, gas stove cooking, outside storage, and four off-street parking spaces. Recent updates include a newer downstairs A/C unit (less than 3 years old), sewer piping replacement in the crawl space, and a new gas stove in the upstairs unit. This is a great opportunity for investors-with strong rental history and incredible income potential, this turnkey duplex is a must-see!
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.
