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2502 North Avenue

Richmond, VA 23222

– beds
– baths
3,364 sqft
$630 per sqft
1924 build
– on site

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..

Listing courtesy of CVRMLS / Weichert Brockwell & Associate

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# 2519594 —

The Building

Year Built:

1924
Year Built Details:

Actual
Construction Materials:

Brick,Frame
Architectural Style:

TwoStory
Roof:

Composition
Stories Total:

2
Stories:

2
Levels:

Two
Basement:

CrawlSpace
Basement:

false

Room Dimensions

Living Area:

3364.0

Location

Directions:

Located near the corner of North Ave. and Overbrook Rd..

The Property

Parcel Number:

N000-0598-011
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Lot Size Acres:

0.1527
Lot Size Area:

0.1527
Lot Size Units:

Acres
Zoning Description:

R-6
Fencing:

None
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1-2
Tax Annual Amount:

4248.0
Tax Assessed Value:

368000
Tax Legal Description:

0047.50X0140.00 0000.000

Utilities

Sewer:

PublicSewer
Water Source:

Public

Schools

Elementary School:

Overby-Sheppard
Middle Or Junior School:

Henderson
High School:

John Marshall

The Community

Subdivision Name:

None

Parking

Garage:

false
Parking Features:

OffStreet

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/12/25 Jul 12, 2025	Listed / Active	CVRMLS	$2,120,000

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This multifamily located in North Richmond, Richmond, VA 23222 is currently for sale for $2,120,000. 2502 North Avenue is a 3,364 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2502 North Avenue is in the North Richmond neighborhood of Richmond and has a WalkScore® of 60, making it somewhat walkable. This multifamily is in the attendance area of Open High School, Barack Obama Elementary School, John Marshall High School, and Thomas H. Henderson Middle School.

Listing Courtesy of: CVRMLS and Weichert Brockwell & Associate.

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted complication of Listings. All CVRMLS information is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.