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2502 North Avenue, 
Richmond, VA 23222

$2,120,000


Bed


Bath


3,364

Sq Ft


Multi-Family

Active

Listed by

Matt Smith

Weichert Brockwell & Associate

804-518-0500

Last updated:

July 12, 2025, 06:18 PM

MLS#

2519594

Source:

RV

About This Home

2502 North Avenue

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..

Home Facts

Multi-Family

Built in 1924

Price Summary

2,120,000

$630 per Sq. Ft.

MLS #:

2519594

Last Updated:

July 12, 2025, 06:18 PM

Added:

13 day(s) ago


Rooms & Interior

Interior

Living Area:

3,364 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

3,364 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

6,651


Finances & Disclosures

Finances

Price:

$2,120,000

Price per Sq. Ft:

$630 per Sq. Ft.

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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