$530,000
$550,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
4913 Chamberlayne AVE Richmond, VA 23227
3,538 SqFt
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,538 sqft
Price per Sqft $149
MLS Listing ID 2604467
Sold Date 04/07/26
Style Two Story
Construction Status Approximate
HOA Y/N No
Year Built 1946
Annual Tax Amount $5,832
Tax Year 2025
Lot Size 0.361 Acres
Acres 0.3609
Property Sub-Type Quadruplex
Property Description
Located along the growing Chamberlayne Avenue corridor in Richmond's Northside, 4913 Chamberlayne Avenue is a well-maintained as-built four-unit multifamily property offered fully leased, providing immediate and stable cash flow for investors. The property's strong in-place occupancy and desirable unit mix position it as an attractive, low-management investment within a steadily improving submarket. Situated on a generously oversized lot, the property also offers compelling long-term upside with potential for additional development, ADU or expansion, subject to zoning and approvals. One of the four units has already been renovated, demonstrating the opportunity to further enhance rents and overall value through strategic upgrades to the remaining units. This combination of stable income, value-add potential, and future redevelopment optionality makes 4913 Chamberlayne Avenue an ideal acquisition for both seasoned and emerging multifamily investors.
Location
State VA
County Richmond City
Area 30 - Richmond
Exterior
Roof Type Asphalt,Shingle
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick
Construction Status Approximate
Schools
Elementary Schools Frances W. Mcclenney
Middle Schools Henderson
High Schools John Marshall
Others
Tax ID N017-0191-003
Ownership Individuals
Financing Conventional
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Bought with Genalo & Associates, LLC.
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