4913 Chamberlayne Avenue, Richmond, VA 23227

Property Description

Located along the growing Chamberlayne Avenue corridor in Richmond’s Northside, 4913 Chamberlayne Avenue is a well-maintained as-built four-unit multifamily property offered fully leased, providing immediate and stable cash flow for investors. The property’s strong in-place occupancy and desirable unit mix position it as an attractive, low-management investment within a steadily improving submarket. Situated on a generously oversized lot, the property also offers compelling long-term upside with potential for additional development, ADU or expansion, subject to zoning and approvals. One of the four units has already been renovated, demonstrating the opportunity to further enhance rents and overall value through strategic upgrades to the remaining units. This combination of stable income, value-add potential, and future redevelopment optionality makes 4913 Chamberlayne Avenue an ideal acquisition for both seasoned and emerging multifamily investors.