$1,400,000
$1,495,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2800 Park AVE Richmond, VA 23221
5,154 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,154 sqft
Price per Sqft $271
MLS Listing ID 2609419
Sold Date 05/28/26
Style Other
Construction Status Approximate
HOA Y/N No
Year Built 1922
Annual Tax Amount $12,576
Tax Year 2025
Lot Size 2,478 Sqft
Acres 0.0569
Property Sub-Type Multi Family
Property Description
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.
Location
State VA
County Richmond City
Area 10 - Richmond
Rooms
Basement Full
Exterior
Roof Type Flat
Garage No
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Three Or More
Structure Type Brick
Construction Status Approximate
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID W000-1250-010
Ownership Individuals
Financing Conventional
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