2502 North Avenue, Richmond, VA 23222

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Sold Price
$2,120,000
List Price
$2,120,000
Days on Market
15
Closing Date
Oct 31, 2025
MLS#
CVR-2519594
Status
CLOSED
Type
Multifamily
Style
Two Story
Year Built
1924
County
Richmond City
Region
30 - Richmond

Property Description

RVA MULTI-FAMILY RENTAL PORTFOLIO- 16 UNITS Investors- Looking to add some Quality units to your rental portfolio? If so, then take a look at this 7-property, 16-unit, Multi-family Rental Portfolio. This Portfolio consists of 1 QUAD and 6 Duplexes. All units are rented. All units are individually metered for water and power, so tenants pay all utilities. All properties have been renovated prior to rental. All properties are all electric. This is an All or None sale, all 7 properties are for sale as a package. All properties may be inspected, and there will be a group showing for qualified buyers who can provide Proof of Funding as well as Proof of downpayment funds to secure funding. These properties are all in Richmond, Brookland Park area. All rents are good but below Market, so there is ample room for rental growth. Currently bringing in over 18K per month with little overhead. Don't let this Turnkey Richmond Rental Portfolio pass you by. Sale includes the following properties: 1903 2nd Ave., 2420 Lamb Ave., 2502 North Ave., 3004 Barton Ave., 3024 North Ave., 3307 Barton Ave., 3408 1st Ave..

Additional Information

Acres
0.15
Living Area
3,364
Elementary School
Overby-Sheppard
Middle School
Henderson
High School
John Marshall
Roof
Composition
Basement
Crawl Space
Taxes
$4,248

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Calculator source: Real Geeks

Listing courtesy of Weichert Brockwell & Associate. Contact:

Selling Office: EXP Realty LLC.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .