2111 Maplewood AVE new 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
Construction Status Renovated
HOA Y/N No
Year Built 1924
Annual Tax Amount $6,180
Tax Year 2024
Lot Size 3,785 Sqft
Acres 0.0869
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 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.*
Location
State VA
County Richmond City
Area 10 - Richmond
Direction GPS - Be sure to enter 2111 Maplewood Ave in Richmond and not Henrico (There is no sign at the property.)
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s),Eat-in Kitchen,High Speed Internet,Laminate Counters,Cable TV,Wired for Data
Window Features Thermal Windows
Appliance Electric Water Heater,Water Heater
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
Porch Balcony,Rear Porch,Front Porch
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Brick,Drywall,Frame
Construction Status Renovated
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID W000-0935-011
Ownership Individuals