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 will be expiring at the end of May 2025 and Units A & C renew in June of 2025. Total monthly rental income is $5,300 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 reimagined crawl space completed 3/2025: including, but not limited to all new insulation, new poly liner & new girder beam w/ beam supports. 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.*
DAYS ON MARKET
|
17
|
LAST UPDATED
|
5/2/2025
|
TRACT
|
None
|
YEAR BUILT
|
1924
|
COMMUNITY
|
10 - Richmond
|
COUNTY
|
Richmond City
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
Elementary School |
Lois-Harrison Jones |
Jr. High School |
Albert Hill |
High School |
Thomas Jefferson |
AIR |
Ceiling Fan(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Electric Water Heater, Water Heater |
AREA |
10 - Richmond |
BASEMENT |
Crawl Space |
CONSTRUCTION |
Brick, Frame |
EXTERIOR |
Balcony, Lighting |
GARAGE |
Yes |
INTERIOR |
Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters, Wired for Data |
LOT |
3785 sq ft |
LOT DESCRIPTION |
Level |
PARKING |
Alley Access, No Garage, Parking Lot, On Street |
SEWER |
Public Sewer |
STORIES |
2 |
STYLE |
Two Story |
SUBDIVISION |
None |
TAXES |
6180 |
UTILITIES |
Cable Available |
WATER |
Public |
ZONING |
R-6 |
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Listed with BHHS PenFed Realty
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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Last Updated: 5/18/25 9:30 AM PDT
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