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$624,950
CVR-2624045 MLS
Looking for a great investment or a potential future owner-occupant situation? This duplex is set in a great Museum District location. 3427 W. Franklin Street sits along one of Richmond's established residential corridors just a block off the beloved Gas Light block in the Museum District. This classic brick duplex offers two separately rented apartments with identical floor plans and a strong combination of character, practical improvements, and an excellent location. The property sits on a large lot with potential for off-street parking and/or space for a garage, and because it was purpose-built as a duplex, the layout is exceptionally functional. All utilities are separately metered for each unit, a real plus for investors and owner-occupants alike. Each apartment offers two bedrooms and one full bath with hardwood floors, well-proportioned rooms, abundant natural light, and an in-unit stackable washer and dryer. The kitchens feature traditional wood cabinetry, a gas range, refrigerator, and updated flooring, while the baths include a newer vanity, tiled tub surround, and updated flooring. Additional improvements include electrical and lighting updates and refinished hardwood floors throughout. Both apartments are currently rented, providing existing rental income from the outset. Property improvements completed over time include vinyl replacement windows, a dimensional roof, deck improvements and updated deck flooring, a newer shed roof, and additional mechanical and interior updates. With its brick construction, hardwood floors, two identical and independent residences, separate utilities, and desirable West Franklin Street setting just steps from the Gas Light block, this is a well-positioned opportunity to acquire an established income-producing property in one of Richmond's most sought-after residential areas.

3427 W Franklin Street, Richmond

$2,075,000
CVR-2623403 MLS
This fully leased eight-unit single-family rental portfolio presents a compelling opportunity to acquire immediate cash flow with additional long-term upside across the Richmond metropolitan area. The properties are strategically distributed throughout the City of Richmond’s Northside and Southside neighborhoods, as well as Chesterfield County, providing geographic diversification within a single investment. The homes have been well maintained and are 100% occupied, generating $17,790 in gross monthly rent, or approximately $2,224 per door per month. With a total portfolio offering allocation of $2,075,000, the portfolio averages approximately $259,375 per home, providing an attractive basis for a stabilized collection of individually marketable single-family assets. Beyond the portfolio’s strong in-place cash flow, several properties offer meaningful additional value through their oversized lots and potential for future development. 3100 Groveland, 3110 Woodcliff, and 417 Patrick each feature double or potentially subdividable lots, creating opportunities for future infill development, additional home sites, or disposition of excess land, subject to applicable zoning and approvals. 417 Patrick offers particularly notable upside, with the potential to subdivide into as many as three lots. The combination of stabilized rental income, an average monthly rent exceeding $2,200 per door, an attractive per-unit basis, and embedded development potential creates a unique opportunity to capture both dependable current returns and additional long-term value.

3110 Woodcliff Avenue, Richmond

$565,000
CVR-2622316 MLS
Enjoy this unique opportunity to own a duplex in the heart of Church Hill, just a few hundred feet from some of the best restaurants, shops, and parks that the neighborhood has to offer. With so much within a short walk of your front door, this property is perfect for an owner occupant who wants to have a built in In Law Suite or rental unit to help with the mortgage. The main unit features 2 bedrooms, 1.5 baths, and 1,473 SF, while the basement unit offers 1 bedroom, 1 bath, and 744 SF. Step onto the full, covered front porch overlooking the tree-lined street and into a spacious foyer featuring the original heart pine floors and 10' ceilings. The foyer flows seamlessly into the living room, kitchen and walks out onto the screened in porch. The generously sized living room features 10' ceilings, floor-to-ceiling windows, a fireplace with mantle, and an open connection to the kitchen. The spacious kitchen offers white shaker-style cabinets, granite countertops, stainless steel appliances, and a convenient eat-in area, along with a nicely sized half bath just off the rear and plenty of additional storage. Upstairs, the larger second floor features two well-sized bedrooms with overhead lighting, good closet space, and beautiful heart pine floors. The recently renovated hall bath features tile floors and a tub/shower with a tiled surround. Laundry is conveniently located off the second-floor hallway and includes a stackable washer and dryer. The basement unit offers its own covered front porch and opens into a bright, updated apartment featuring new flooring and fresh paint. The spacious bedroom includes a large closet and overhead lighting, while the bathroom features a walk-in shower and tile floors. The kitchen offers granite countertops, white shaker-style cabinets, and stainless-steel appliances, with access to a covered rear porch overlooking the fenced-in backyard. Laundry is conveniently located off the kitchen and includes a stackable washer and dryer. Come see this fantastic property for yourself!

2319 M Street, Richmond

$749,000
CVR-2618857 MLS
Located at 2218-2220 M Street in the heart of Richmond’s highly desirable Union Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity to acquire a turnkey investment in one of the City’s strongest rental and resale markets. Encompassing approximately 2,943 square feet, the property features an attractive unit mix of one 2-bedroom, 2-bathroom residence and one 3-bedroom, 1.5-bathroom residence, both renovated to an exceptional standard back in 2022 with quality finishes and modern systems. Investors will appreciate the property’s strong in-place rental potential, while its oversized lot offers additional value through future expansion, accessory dwelling units, or potential redevelopment, subject to applicable approvals. The layout also presents a unique opportunity to subdivide and reintroduce the residences to the market as individual for-sale homes, creating multiple avenues for future appreciation and exit strategies. Positioned just steps from the vibrant intersection of 25th and M Streets, the property enjoys one of Union Hill’s most walkable and sought-after locations. Residents are within easy walking distance of neighborhood favorites including Sub Rosa Bakery, Union Market, Metzger, Kahlo’s Taqueria, and Fat Rabbit, while remaining just minutes from downtown Richmond, the MCV campus, and convenient I-95 and I-64 access. Whether purchased as a long-term hold, value-add investment, or future condominium or single-family conversion opportunity, 2218–2220 M Street offers a compelling combination of quality renovations, outstanding location, and long-term upside that is increasingly difficult to find in Richmond’s historic urban neighborhoods.

2218/2220 M Street, Richmond

$599,000
CVR-2617264 MLS
Located in Richmond's historic Woodland Heights neighborhood near Forest Hill Park, 3105 Semmes Ave | 3105 Semmes Ave, Richmond, VA 23225 is a two-story, multi-family duplex built in 1922 that seamlessly blends classic early 20th-century character with modern functional updates. Exterior & Curb Appeal: The front exterior highlights a traditional two-story structural layout featuring a classic combination of brick and stucco elements, complemented by a large wraparound front porch and a private upper-level balcony. The property also features convenient alley access with designated off-street parking in the back. Unit Layouts: The building is split into two independent 2-bedroom residential units (units on the first and second levels). Each level includes a functional living room, dedicated laundry space, and individual private deck access points. Interior Character: The interior spaces retain period architectural details such as high ceilings, traditional millwork, and character-rich fixtures alongside functional modern updates like luxury vinyl plank flooring, white appliances, and a unique clawfoot tub in the upper-level bathroom. Rear Exterior & Grounds: The property features a shaded, gravel-paved rear parking area providing dedicated off-street access, bordered by a wooden privacy fence and mature canopy trees that look out onto a shared backyard and green space. local areas: Forest Hill Park: Located just blocks away, this historic 105-acre park features wooded trails. Buyers get the quiet, historic, tree-lined character of Woodland Heights paired with immediate, walkable access to Richmond's premier outdoor recreation. Easy access to major thoroughfares, Downtown Richmond, and VCU, making it ideal for urban professionals or tenants looking to cut down on commute times.

3105 Semmes Avenue, Richmond

$2,750,000
CVR-2616720 MLS
2400 Barton Avenue presents an opportunity to acquire an 18-unit apartment community in Richmond's rapidly evolving Northside neighborhood. Situated prominently on the corner of Barton Avenue and East Graham Road, the property benefits from excellent visibility, abundant natural light, and a larger land footprint than many comparable apartment communities in the area. Since acquiring the property, ownership has invested more than $300,000 in capital improvements, enhancing the property's condition and positioning it for continued growth. The expansive corner parcel provides additional open space and flexibility, creating a valuable amenity for residents today while offering future ownership the opportunity to explore additional uses of the excess land, subject to applicable approvals. Residents enjoy convenient access to the thriving Brookland Park Boulevard corridor, home to neighborhood favorites such as The Smoky Mug, along with an expanding collection of restaurants, coffee shops, breweries, and locally owned retailers that continue to drive Northside's transformation into one of Richmond's most dynamic neighborhoods. The current rent roll demonstrates stable occupancy while also presenting a compelling opportunity for future income growth. Comparable renovated two-bedroom apartments in the immediate area are achieving rents of approximately $1,450 per month, providing investors with a clear path to increasing revenue through strategic unit turnover and continued asset management. Combining a desirable all two-bedroom unit mix, substantial recent capital investment, a prominent corner location, additional land area, and proximity to one of Richmond's most active neighborhood commercial districts, 2400 Barton Avenue offers an attractive opportunity to acquire a well-positioned multifamily asset with both strong in-place income and meaningful upside potential.

2400 Barton Avenue, Richmond

$640,000
CVR-2612748 MLS
Welcome to 625 N 31st St — a gorgeously renovated all-brick duplex in the heart of Church Hill! Enjoy an easy stroll to Grisette, Alewife, Secret Squares Pizza, Hill Cafe, Sub Rosa, The Roosevelt, and many more neighborhood favorites just steps from your front door. Each unit features 2 bedrooms, 1 full bath, and nearly 1,400 SF of impeccably maintained living space. Updates include newer kitchens and baths, HVAC systems, roof, replacement windows, and stack washer/dryers in each unit. Additional highlights include 9'+ ceilings, screened-in porches off the living rooms, a privacy-fenced rear yard, ample parking, and more. This is an incredible opportunity for an owner-occupant to live in one of Richmond’s most sought-after neighborhoods while offsetting the mortgage payment! The first-floor unit offers a spacious living room with heart pine floors, crown molding, a fireplace with surround, exposed brick walls, recessed lighting, and access to a private screened-in side porch. The hall bath features tile floors, a walk-in tile shower, and an oversized vanity with quartz countertops. The spacious eat-in kitchen includes tile floors, stainless steel appliances with gas cooking, granite countertops, tile backsplash, wainscoting, and direct access to the private fenced rear yard. The second-floor unit welcomes you with a large landing accented by exposed brick extending up the staircase to the massive living room, complete with recessed lighting, engineered hardwoods, and another screened-in side porch. The hall bath includes tile floors, a walk-in shower with tile surround, and an oversized vanity with granite countertop. The sleek kitchen is loaded with upgrades, including quartz countertops and backsplash, SS appliances, a vented hood, peninsula seating for casual dining, and a spacious pantry. The front bedroom features a ceiling fan and a generously sized walk-in closet. A rear staircase provides direct access to the backyard. Also features include a small cellar with concrete floors, perfect for extra storage.

625 N 31st Street, Richmond

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