2111 Maplewood Ave, Richmond, VA 23220
- 3,132 sqft
Multi-Family Home
Built in 1924
3,785sqft lot
—— car garage
$263/sqft
Listed 2 months ago
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 A & Unit B are recently vacant and being rented for $1450 each & unit C renewed for $1300 through June 30, 2026. 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.*
- Listing Status:
- Active
- Listing Office:
- BHHS PenFed Realty : (804) 320-1391
- Listing Agent:
- Aaron Gilbert : (804) 868-0080
- MLS ID:
- 2510036

- General: Ceiling Fan(s)Eat-in KitchenHigh Speed InternetLaminate CountersCable TVWired for Data
- Appliances: Electric Water HeaterWater Heater
- Laundry: Washer HookupDryer HookupStacked
- Basement: Crawl Space
This listing courtesy of Aaron Gilbert, BHHS PenFed Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Amelia Street Special Education
1821 Amelia St, Richmond, VA, 23220
Grades PK-12
0.40 miles away
Albert Hill Middle School
3400 Patterson Ave, Richmond, VA, 23221
Grades 6-8
1.37 miles away
Thomas Jefferson High School
4100 W Grace St, Richmond, VA, 23230
Grades 9-12
2.05 miles away