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..
Sold for $2,120,000
$2,120,000
2502 North Ave, Richmond, VA 23222
8beds
4baths
3,364sqft
Quadruplex, Multi Family, Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$630/sqft
$1,745 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,745/mo
Zestimate® history
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$13,299/mo
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Zillow last checked:
Listing updated:
Listed by:
Matt Smith 804-366-0200,
Weichert Brockwell & Associate
Bought with:
Johnny Bustillo, 0225261475
EXP Realty LLC
Jared Davis, 0225210738
EXP Realty LLC
Source: CVRMLS,MLS#: 2519594
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Basement: Crawl Space
- Attic: Access Only
Interior area
- Total interior livable area: 3,364 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 6,651 Square Feet
Details
- Parcel number: N0000598011
- Zoning description: R-6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick, Frame
- Roof: Composition
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $630/sqft
- Tax assessed value: $368,000
- Annual tax amount: $4,248
- Date on market: 10/17/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $2,120,000$630/sqft |
Source:  CVRMLS #2519594 Report a problem | ||
| 7/26/2025 | Pending sale | $2,120,000$630/sqft |
Source: CVRMLS #2519594 Report a problem | ||
| 7/12/2025 | Listed for sale | $2,120,000+2020%$630/sqft |
Source: CVRMLS #2519594 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/22/2016 | Listing removed | $699+55.3% |
Source: Great Richmond Rentals Report a problem | ||
| 12/19/2014 | Listing removed | $450 |
Source: Owner Report a problem | ||
| 9/22/2014 | Listed for rent | $450 |
Source: Owner Report a problem | ||
| 2/3/2013 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 10/26/2012 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 7/21/2012 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 6/26/2012 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 4/6/2012 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 3/7/2012 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 12/16/2011 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 9/23/2011 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 6/14/2011 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 5/12/2011 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 3/31/2011 | Listing removed | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 3/3/2011 | Listed for rent | $450 |
Source: Great Richmond Rentals Report a problem | ||
| 2/28/2011 | Sold | $100,000-56.5%$30/sqft |
Source: Public Record Report a problem | ||
| 5/11/2009 | Listing removed | $230,000$68/sqft |
Source: iHOUSEWeb Solutions, Inc #2831787 Report a problem | ||
| 2/7/2009 | Price change | $230,000-11.5%$68/sqft |
Source: Weichert Realtors** #2831787 Report a problem | ||
| 10/10/2008 | Listed for sale | $260,000+239%$77/sqft |
Source: Weichert Realtors** #2831787 Report a problem | ||
| 7/31/2003 | Sold | $76,700$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,416 +4% | $368,000 +4% |
| 2024 | $4,248 +9.3% | $354,000 +9.3% |
| 2023 | $3,888 | $324,000 |
| 2022 | $3,888 +9.8% | $324,000 +11.3% |
| 2021 | $3,542 +18.1% | $291,000 +16.4% |
| 2020 | $3,000 +0.8% | $250,000 +0.8% |
| 2019 | $2,976 +5.1% | $248,000 +5.1% |
| 2018 | $2,832 +49% | $236,000 +1.3% |
| 2017 | $1,901 | $233,000 +133% |
| 2016 | $1,901 | $100,000 -54.3% |
| 2015 | $1,901 | $219,000 |
| 2014 | $1,901 | $219,000 |
| 2013 | -- | $219,000 |
| 2012 | -- | $219,000 -13.4% |
| 2011 | -- | $253,000 |
| 2010 | -- | $253,000 +0.2% |
| 2009 | -- | $252,500 |
| 2008 | -- | $252,500 +1% |
| 2007 | -- | $250,000 +16.8% |
| 2006 | -- | $214,100 +3.7% |
| 2005 | -- | $206,500 +160.1% |
| 2003 | -- | $79,400 +5% |
| 2002 | -- | $75,600 +6.1% |
| 2001 | $1,019 | $71,280 |
Find assessor info on the county website
Neighborhood: Northern Barton Heights
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Nearby schools
GreatSchools rating
- 3/10J.E.B. Stuart Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NAMary Scott PreschoolGrades: Distance: 1.6 mi
- 6/10John Marshall High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Overby-Sheppard
- Middle: Henderson
- High: John Marshall
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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