Pending
  • Price cut: $25K (7/7)
    $825,000

    2111 Maplewood Ave, Richmond, VA 23220

    8beds
    4baths
    3,132sqft
    : 
    Quadruplex, Multi Family, Multi Family
    Built in 1924
    -- sqft lot
    $785,300 Zestimate®
    $263/sqft
    $-- HOA

    What's special

    Fully remodeled crawl spaceNew gas furnaceBeautiful curb appealRefreshed with updated flooringNew electric water heaterNew roof system
    Welcome to 2111 Maplewood Avenue in the heart of RVA's Byrd Park neighborhood. This rare all-brick Quad apartment building (4 units of 780 sqft and 2 Bedrooms & 1 full bathroom each) has an outstanding rental history and a fantastic location. Perfect for city workers, VCU students or people who love to walk/run/bike in the nearby Byrd Park & Maymont! All utilities and systems are on separate meters and each unit features central air w/ gas heat, Private assigned parking behind the building and washer/dryer hook-ups in-unit. All units were refreshed with updated flooring and systems less than 10 years ago. The block has beautiful curb appeal and will be a sound investment for years to come. Unit D was recently leased through March of 2026 for $1425 per month/Unit B is leased through July 30th 2026 for $1450 monthly/Apt A should be rented shortly for $1450 monthly/Unit C (long-term tenant) renewed for $1300 through June 30, 2026. Total monthly rental income is $5,625 monthly, for a roughly 7.50% CAP Rate. Recent updates include: All new roof system in 2020, New Gas Furnace in Unit B 10/2024, New Electric Water Heater in Unit C 4/2025 and a fully remodeled crawl space completed in 3/2025: including new poly liner & insulation. This is a rare Byrd Park area multi-family opportunity to own a solid 4-unit investment property with great cash flow and RVA rental rates that only going up each year! *Note: The posted interior photos are from Unit A in 2024 - All 4 Units have the same flooring, paint color & kitchen finishings.* 8-1-25 Update: BUYER FINANCING FELL-THROUGH AND PROPERTY IS BACK ON THE MARKET AT NO FAULT OF THE SELLER.
    96 days
    on Zillow
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