Log In/Sign Up
Your email has been sent.
Rare Museum District Multi-Family Investment 2800 Park Ave 6 Unit Apartment Building $2,061,112 CAD ($343,519 CAD/Unit) Richmond, VA 23221
Investment Highlights
- 6 unit multi-family asset
- Fully occupied with strong in-place income
- Prime Museum District location
- Two-bedroom floor plans
- Below market rents value-add upside
Executive Summary
One South Commercial is pleased to present the exclusive listing for 2800 Park Avenue in Richmond.
This classic six-unit brick apartment building combines timeless architectural appeal with durable construction and long-term investment stability. The property features spacious two-bedroom units, central heating and air conditioning, and convenient washer and dryer access in the basement.
The asset has demonstrated a strong rental history and is currently fully occupied, offering immediate in-place cash flow. Additionally, below-market rents present a compelling opportunity for investors to increase revenue and drive long-term value. The inclusion of central air conditioning further enhances tenant appeal and supports rental growth.
Ideally located just one block off Monument Avenue, the property sits within walking distance of some of Richmond’s most desirable amenities, including the Virginia Museum of Fine Arts, along with countless restaurants, local retailers, and coffee shops that define the Fan and Museum District lifestyle.
2800 Park Avenue represents a rare opportunity to acquire a well-located, historically significant multifamily property in one of Richmond’s most proven and resilient rental markets.
This classic six-unit brick apartment building combines timeless architectural appeal with durable construction and long-term investment stability. The property features spacious two-bedroom units, central heating and air conditioning, and convenient washer and dryer access in the basement.
The asset has demonstrated a strong rental history and is currently fully occupied, offering immediate in-place cash flow. Additionally, below-market rents present a compelling opportunity for investors to increase revenue and drive long-term value. The inclusion of central air conditioning further enhances tenant appeal and supports rental growth.
Ideally located just one block off Monument Avenue, the property sits within walking distance of some of Richmond’s most desirable amenities, including the Virginia Museum of Fine Arts, along with countless restaurants, local retailers, and coffee shops that define the Fan and Museum District lifestyle.
2800 Park Avenue represents a rare opportunity to acquire a well-located, historically significant multifamily property in one of Richmond’s most proven and resilient rental markets.
Data Room Click Here to Access
Property Facts
| Price | $2,061,112 CAD | Building Class | C |
| Price Per Unit | $343,519 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 5,154 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1922 |
| Apartment Style | Low-Rise | ||
| Zoning | R-48 | ||
| Price | $2,061,112 CAD |
| Price Per Unit | $343,519 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,154 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1922 |
| Zoning | R-48 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | W000-1250-010 | Improvements Assessment | $1,212,666 CAD |
| Land Assessment | $241,423 CAD | Total Assessment | $1,454,090 CAD |
Property Taxes
Parcel Number
W000-1250-010
Land Assessment
$241,423 CAD
Improvements Assessment
$1,212,666 CAD
Total Assessment
$1,454,090 CAD
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Rare Museum District Multi-Family Investment | 2800 Park Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.