PhilRussell
BEDS0
BATHS
SQUARE FEET3,538
MLS#2604467
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Located along the growing Chamberlayne Avenue corridor in Richmond's Northside, 4913 Chamberlayne Avenue is a well-maintained as-built four-unit multifamily property offered fully leased, providing immediate and stable cash flow for investors. The property's strong in-place occupancy and desirable unit mix position it as an attractive, low-management investment within a steadily improving submarket. Situated on a generously oversized lot, the property also offers compelling long-term upside with potential for additional development, ADU or expansion, subject to zoning and approvals. One of the four units has already been renovated, demonstrating the opportunity to further enhance rents and overall value through strategic upgrades to the remaining units. This combination of stable income, value-add potential, and future redevelopment optionality makes 4913 Chamberlayne Avenue an ideal acquisition for both seasoned and emerging multifamily investors.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Two Story
Lot Size: 0.36 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $5,832
Year Built: 1946
Feature Descriptions
Days on Site: 5
Exterior: Brick
Parcel#: N017-0191-003
Sewer: Public Sewer
Units: 4
Water: Public
Local Schools
High School: John Marshall
Middle School: Henderson
Elementary School: Frances W. McClenney
Listed By / Shown By
Listed By
Agency Name: One South Commercial LLC
Shown By
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
Estimate Your Payment
Estimated Payment
$ 3,427.52 per month $2,781.10 Principal & Interest $486.00 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
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4913 Chamberlayne Avenue | MLS# 2604467
This multi-family property located at 4913 Chamberlayne Avenue, Richmond, VA 23227 is currently listed for sale with an asking price of $550,000. Search Richmond real estate on www.philrussellrealtor.com today.