2111 Maplewood AVE Active Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23220
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,132 sqft
Price per Sqft $271
MLS Listing ID 2510036
Style Two Story
Year Built 1924
Annual Tax Amount $6,180
Tax Year 2024
Lot Size 3,785 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 2111 Maplewood Avenue in the heart of RVA's 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.*
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Laundry Washer Hookup,Dryer Hookup,Stacked
Exterior
Exterior Feature Lighting
Fence None
Community Features Lake,Playground,Pond,Public Transportation,Tennis Court(s),Trails/Paths,Park,Street Lights
Roof Type Flat,Rubber
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Drywall,Frame
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson