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Richmond, VA Multifamily Homes & Duplexes for Sale

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  • /35

    $1,075,000

    • 4,437 Sq Ft

    223 N Arthur Ashe Blvd, Richmond, VA 23220

    Welcome to 223 N Arthur Ashe Blvd - Facing the Virginia Museum of Fine Arts - a rare 8-bedroom, 8-bathroom duplex in one of Richmond’s most sought-after locations. This spacious multi-family property features two large units, each with 4 bedrooms and 4 bathrooms, offering a fantastic opportunity for investors or owner-occupants seeking rental income. Each unit showcases classic Richmond charm

    Agent Photo

    Alyssa Devereaux

    Compass

    (804) 589-4821

    223 N Arthur Ashe Blvd, Richmond, VA 23220
  • /21

    $980,000

    • 3,200 Sq Ft

    115 S Arthur Ashe Blvd, Richmond, VA 23220

    Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring

    Agent Photo

    Alyssa Devereaux

    Compass

    (804) 568-9145

    115 S Arthur Ashe Blvd, Richmond, VA 23220
  • /38

    $700,000

    • 2,429 Sq Ft

    2616 E Franklin St, Richmond, VA 23223

    Beautifully Renovated Duplex in the Heart of St. John’s Historic DistrictJust one block from scenic Libby Park, this charming duplex seamlessly blends historic character with modern updates. The property features two separate units—one on the first floor and one on the second floor—each thoughtfully designed with a spacious living room, two bedrooms, a stylishly renovated kitchen, and two

    Agent Photo

    Amy Beem

    Samson Properties

    (804) 534-1206

    2616 E Franklin St, Richmond, VA 23223
  • /19

    $350,000

    • 1,776 Sq Ft

    1612 Pollock St, Richmond, VA 23222

    Fully renovated and cash-flowing duplex in the heart of Richmond! This property features two spacious 3-bedroom, 1-bath units—each beautifully updated and currently rented at $1,500 per month, generating $3,000 in total monthly income. With modern finishes and tenants already in place, this property is truly turnkey. Located in a desirable, tenant-friendly area, 1600 Pollock offers both immediate

    Phillip Hughes River City Elite Properties

    1612 Pollock St, Richmond, VA 23222
  • /27

    $599,950

    • 2,382 Sq Ft

    409 N Madison St, Richmond, VA 23220

    You must see this awesome duplex in the Arts District of Historic Jackson Ward located in the VCU campus area. This 2382sqft 3 level duplex has been renovated with upgraded custom cabinets, refrigerators, dishwashers, granite counters, washers, dryers, recessed lighting & central heating and cooling. The first-floor unit has open living area, hardwood flooring, spacious bedroom, upgraded bath

    Keith Smith Keith Smith Realty

    409 N Madison St, Richmond, VA 23220
  • /22

    $410,000

    • 2,280 Sq Ft

    727 E Gladstone Ave, Richmond, VA 23222

    AMAZING MULTIFAMILY OPPORTUNITY! Freshly Renovated Duplex in Richmond’s Northside – A Turnkey Investment Opportunity!Welcome to 727 E Gladstone Avenue – a beautifully renovated duplex nestled in the heart of Richmond’s sought-after Northside neighborhood. This classic property blends timeless charm with modern updates, offering the perfect setup for investors, house hackers, or multi-generational

    Aaron Roy Open Gate Realty Group

    727 E Gladstone Ave, Richmond, VA 23222
  • /2

    $350,000

    • 1,832 Sq Ft

    1600 Pollock St, Richmond, VA 23222

    Investor-ready duplex undergoing full renovation—will be delivered rent-ready! This duplex features two spacious 3-bedroom, 1-bath units currently being renovated with modern updates. Once complete, this property will be ready for tenants, offering strong rental potential at an estimated $1,500 per unit, or $3,000 in total monthly income.

    Phillip Hughes River City Elite Properties

    1600 Pollock St, Richmond, VA 23222
  • /14

    $495,000

    • 2,560 Sq Ft

    4821 W Seminary Ave, Richmond, VA 23227

    Classic up/down apartments with large rooms, wood floors, covered porches, and all the charm you can want! Live in one apartment and rent the other one. Washers/Dryers belong to the tenants are are in the shared basement with outside backyard entrance. Besides on-road parking in the front, there are 2 spaces for each unit in the back off the alley.

    Cindy Hawkins Praxis Realty Inc

    4821 W Seminary Ave, Richmond, VA 23227
  • /50

    $825,000

    • 2,504 Sq Ft

    2700 W Main St, Richmond, VA 23220

    This classic duplex, prominently positioned at the corner of Main and Mulberry, perfectly blends timeless charm with modern convenience. Nestled in the heart of the Fan, the property showcases the neighborhood’s signature character and walkability. Each unit offers two bedrooms and one bathroom, with the upstairs apartment recently updated and move-in ready — ideal for an owner-occupant. Features

    Justin Sledd One South Commercial LLC

    2700 W Main St, Richmond, VA 23220
  • /28

    $900,000

    • 2,400 Sq Ft

    408 N Robinson St, Richmond, VA 23220

    Don't miss out on the rare opportunity to own a modern duplex in Richmond's vibrant Fan District! Constructed in 2016, this 2,400 sq ft property features two spacious apartments, each with 3 bedrooms and 2 baths. These units are equipped with contemporary conveniences, including tankless water heaters, central air, washers/dryers, refrigerators, gas stoves, microwaves, granite countertops, and

    Phillip Skaggs Maison Real Estate Boutique

    408 N Robinson St, Richmond, VA 23220
  • /21

    $750,000

    • 2,598 Sq Ft

    8 N Colonial Ave, Richmond, VA 23221

    **Owner Financing Available** Great investment opportunity in the heart of Richmond’s Museum District. This well-maintained multi-family property features two income-generating units with strong rental history and high occupancy. Located in a highly walkable, desirable area near Carytown, shops, dining, museums, and VCU, it’s perfect for investors or owner-occupants looking for a prime location

    Tyler Rackley GO Real Estate Inc

    8 N Colonial Ave, Richmond, VA 23221
  • /2

    $220,000

    • 2,104 Sq Ft

    2009 Chicago Ave, Richmond, VA 23224

    Investor Special!!! If you have been looking for a multi-family home, this could be the one! There are endless possibilities after remodeling. The home features four bedrooms and two full baths. This conveniently located duplex is just minute from I-95, downtown, and Shockoe Bottom.

    Fernando Nero Gemini Realty LLC

    2009 Chicago Ave, Richmond, VA 23224
  • /7

    $425,000

    • 1,536 Sq Ft

    3002 5th Ave, Richmond, VA 23222

    Classic Richmond Duplex with Strong Rental History!Welcome to 3002 5th Avenue, a well-maintained duplex in the heart of Richmond, VA. Situated on a spacious lot, this property offers both charm and convenience, making it an excellent investment or owner-occupied opportunity.Step inside and admire the original hardwood floors, adding warmth and character to each unit. This property has a

    Derwin Kinston EXP Realty LLC

    3002 5th Ave, Richmond, VA 23222
  • /26

    $749,950

    • 2,930 Sq Ft

    112 N Morris St, Richmond, VA 23220

    Looking for a solid Fan duplex for investment or an ideal owner-occupied property in the Fan? Don't overlook this charming duplex in the heart of the Lower Fan District! This is an incredible opportunity to own a classic Fan property just steps from VCU and some of Richmond’s best restaurants, cafes, and galleries. This well-maintained building features two spacious 2-bedroom, 1-bath units, each

    Christopher Small Small & Associates

    112 N Morris St, Richmond, VA 23220
  • /50

    $925,000

    • 3,454 Sq Ft

    1714 Hanover Ave, Richmond, VA 23220

    A prime location in the heart of The Fan and an incredible investment opportunity is waiting at 1714 Hanover Ave! This all brick multi-family home offers lots of old world charm that’s true to the neighborhood. The first floor unit is fully occupied at $2,700/month and boasts 3-4 bedrooms (one area is a flex space, but works as a bedroom) and 1 bath, original pine floors, exposed brick, tall

    Matt Jarreau Hometown Realty

    1714 Hanover Ave, Richmond, VA 23220
  • /36

    $729,950

    • 2,786 Sq Ft

    1501 Perry St, Richmond, VA 23224

    This newer construction duplex (built in 2022) is located in the lively and rapidly growing Manchester neighborhood. Offering spacious, open-concept floor plans, high ceilings, and stylish modern finishes, this property perfectly blends contemporary living with timeless charm. Kyle, the lovable deaf dog pictured in the listing photos, is a rescue from the Richmond Animal League, and he absolutely

    Lauryn Haynie Samson Properties

    1501 Perry St, Richmond, VA 23224
  • /16

    $349,900

    3422 Maryland Ave, Richmond, VA 23222

    Great investment for Duplex or single family use.

    Carl Scott Ricks & Associates LLC

    3422 Maryland Ave, Richmond, VA 23222
  • /27

    $823,000

    • 2,968 Sq Ft

    2700 E Franklin St, Richmond, VA 23223

    VERY RARE opportunity for a special CORNER all brick duplex with double side porches located on both a beautiful block and in an architecturally interesting section of East Franklin Street in Church Hill! Deep lot! PRIME WALKABLE LOCATION FULL OF HISTORY. Enjoy sight lines of Libbie Hill Park from your front porch & arrive to it by foot in less than a minute. Beautiful curb appeal with front

    Jenny Maraghy Compass

    2700 E Franklin St, Richmond, VA 23223
  • /24

    $375,000

    • 2,068 Sq Ft

    2304 5th Ave, Richmond, VA 23222

    Located in Richmond’s rapidly evolving North Highland Park neighborhood, 2304 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, with a total income of $2,565 per month in rental income. Residents enjoy modernized interiors with central air, in-unit

    Justin Sledd One South Commercial LLC

    2304 5th Ave, Richmond, VA 23222
  • /18

    $375,000

    • 2,068 Sq Ft

    2308 5th Ave, Richmond, VA 23222

    Located in Richmond’s rapidly evolving North Highland Park neighborhood, 2308 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, generating a gross monthly income of $2,025 per month in rental income (Unit A $850/Unit B $1,175). Residents enjoy modernized

    Justin Sledd One South Commercial LLC

    2308 5th Ave, Richmond, VA 23222
  • /40

    $709,999 Open Sun 2PM - 4PM

    • Studio
    • 2,164 Sq Ft

    3437 Hanover Ave, Richmond, VA 23221

    Welcome to 3437 Hanover Ave, a fantastic duplex in the heart of the Museum District, just steps from Carytown’s vibrant restaurants, shopping, and nightlife. This well-maintained property offers a prime investment opportunity, with both units currently rented at $1,800 per month and the potential to increase to $2,000 per unit. Each unit features beautiful refinished hardwood floors, new windows

    Daniel Keeton Keeton & Co. Real Estate

    3437 Hanover Ave, Richmond, VA 23221
  • /17

    $760,000

    • 2,096 Sq Ft

    905 Lake Rd, Richmond, VA 23220

    Fantastic investment opportunity! Immaculate DUPLEX overlooking Swan Lake in the middle of beautiful Byrd Park! Nicely maintained, each unit has 2 BR's, Living Room, Dining Room, Hall Bath and an Office/Workout space. In-unit Laundry and 4 Off-Street Parking Spaces. Each unit has a deck overlooking the fully fenced back yard and front private porches with GORGEOUS views of the Lake. Lovely

    Kathryn Oti Rashkind Saunders & Co.

    905 Lake Rd, Richmond, VA 23220
  • /38

    $550,000

    • 3,408 Sq Ft

    4832 Chamberlayne Ave, Richmond, VA 23227

    A Rare Investment Opportunity in Historic Ginter Park! 4832 Chamberlayne Avenue is an updated, well-maintained four unit QUAD that offers classic charm with modern updates. Each of the four spacious units are currently rented, making it an ideal turnkey investment.Renovated in 2019, the property features a new dimensional shingled roof, new appliances, 2 zone mini splits and beautifully

    Jenny King Rashkind Saunders & Co.

    4832 Chamberlayne Ave, Richmond, VA 23227
  • /14

    $599,000

    • Studio
    • 2,418 Sq Ft

    3553 Grove Ave, Richmond, VA 23221

    **PICTURES FROM UNIT 1** Don’t miss this fantastic brick duplex offering two spacious apartments, each featuring over 1,200 square feet of living space! Both units include two generously sized bedrooms with a full bath conveniently situated in between. The first-floor unit has a large, inviting porch, perfect for relaxing or entertaining. The second-floor unit offers both a front and rear

    Jamie Younger Team Long & Foster

    3553 Grove Ave, Richmond, VA 23221
  • /19

    $289,000

    • 2,034 Sq Ft

    1204 N 20th St, Richmond, VA 23223

    Attention Investors in Church Hill! This affordable two-story duplex with separate heating features a living room, kitchen, bedroom, bonus room, bath, and bay window in each unit. The electric range and refrigerator in each unit convey. The property has a full front porch and is fenced in on the front. The upper unit is vacant, and the downstairs unit is occupied until June 12, 2025, so 48 hours

    Linda Cannon Samson Properties

    1204 N 20th St, Richmond, VA 23223
  • /27

    $1,095,000

    • 3,000 Sq Ft

    2203 W Cary St, Richmond, VA 23220

    Charming historic brick quadplex in a prime Richmond location. This well-maintained property features two 1-bedroom apartments and two 2-bedroom apartments, all separately metered for utilities, ensuring residents cover their own costs. Steeped in character, the property boasts original hardwood floors, a spacious front porch, and timeless architectural details. Located in a highly desirable

    Justin Sledd One South Commercial LLC

    2203 W Cary St, Richmond, VA 23220
  • /43

    $649,900

    • 3,800 Sq Ft

    1716 Monteiro Ave, Richmond, VA 23222

    Written off as hopeless and scheduled to be demolished, 1716 Monteiro, built sometime between 1891 and 1895 by James Barton, has been lovingly restore by ARK Construction & Development with the support and encouragement of Historic Richmond. This 3800 S.F. Victorian home has new roofs, a completely restored exterior, rebuilt front and rear porches, and an historic three color paint job. Inside,

    Ned Rennolds Virginia Capital Realty

    1716 Monteiro Ave, Richmond, VA 23222
  • /4

    $585,000

    • 1,518 Sq Ft

    2603 W Grace St, Richmond, VA 23220

    Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office

    Bryan Boykin ERA Woody Hogg & Assoc

    2603 W Grace St, Richmond, VA 23220
  • /2

    $850,000

    • 3,120 Sq Ft

    3009 Patterson Ave, Richmond, VA 23221

    Great opportunity for investor to upgrade and improve rents or rent as is as there is upward rent value. Also could be owner occupied property with rental income. Quad has individual electric, gas & water meters. Four heat pump units and gas/electric hot water heaters. All appliances per leases convey.

    Neville Johnson Neville C Johnson & Assoc, Inc

    3009 Patterson Ave, Richmond, VA 23221
  • /2

    $1,350,000

    • 5,378 Sq Ft

    2200 E Grace St, Richmond, VA 23223

    Welcome to the Hardwicke House - An unique Post-Antebellum Queen Anne Victorian mansion constructed in 1880 with detail and craftsmanship that is still evident today in the millwork throughout the property. The original fireplace surrounds, the wainscoting and the parquet floors are just a few examples of the refined finishes that make 2200 E Grace a special property. The 3 apartments in the

    Justin Sledd One South Commercial LLC

    2200 E Grace St, Richmond, VA 23223
  • /37

    $695,000 New Construction

    • 2,764 Sq Ft

    917 Bainbridge St, Richmond, VA 23224

    NEW CONSTRUCTION. Conveniently located in historic Manchester near downtown, James River Park System, and new restaurants/breweries. Downstairs unit has 2 Bedrooms and 2 Baths, LVP floors, quartz tops. Upstairs unit has 3 Bedrooms, 2.5 Baths, wood floors in living room/kitchen/master bedroom/stairs/hallways, ceramic tile in bathrooms, and quartz kitchen countertops.

    Christopher Blake Monroe Properties

    917 Bainbridge St, Richmond, VA 23224

About Richmond

When William Byrd II first saw the James River bend at the fall line in central Virginia, the surrounding woodlands and calm waters reminded him of his home on the River Thames: Richmond Hill, London. He named the area in its honor, founding Richmond, Virginia in 1737. Today, Richmonders can see their city’s namesake view at Libby Hill Park in the Church Hill neighborhood, best known as the site of Patrick Henry’s “Give me liberty or give me death,” revolutionary cry. The James River has always been integral to the city of about 230,000 residen ...

Home Trends in Richmond, VA

Home Trends

Median Price (12 Mo)
$399,900
Median Single Family Price
$405,000
Median Townhouse Price
$424,997
Median 2 Bedroom Price
$341,000
Median 1 Bedroom Price
$255,000
Average Price Per Sq Ft
$270
Number of Homes for Sale
412
Last 12 months Home Sales
2,781
Months of Supply
1.80
Median List Price
$400,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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