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US
VA
Richmond
23220
23220
W78° 31' 46.6''
N37° 32' 40.8''
Contact Info
Aaron Gilbert
3017648
Property Description

Welcome to 2111 Maplewood Avenue in the heart of RVAs 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 recently vacant and being rented for 1450, Unit C renewed for 1300 through June 30, 2026 and Units A will renew in June of 2025. Total monthly rental income is 5,600 monthly, for a roughly 7.75% 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 & finishings.*

2111 Maplewood Avenue

Richmond, Virginia 23220, United States

  • Square Footage: 3,785.36 Sqft
$850,000
Listing ID#121453
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Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 121453
Ref ID : 403962730
Price : $850,000
Square Footage : 3,785.36 Sqft
Lot Area : 0.09 Sqft
MLS : 2510036
Office ID : VA305-052
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Agent info
Aaron Gilbert
PenFed Realty
PenFed Realty
Contact Agent