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4 S Auburn Ave 4 Unit Apartment Building $949,000 ($237,250/Unit) Richmond, VA 23221

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INVESTMENT HIGHLIGHTS

  • Fully renovated
  • Owner-occupant option
  • Prime location
  • Strong income
  • Tenant-paid utilities

EXECUTIVE SUMMARY

FULLY RENOVATED FOUR-UNIT PROPERTY OFFERING STRONG INCOME POTENTIAL AND UNMATCHED ACCESSS TO RICHMOND'S PREMIER DINING, RETAIL, & ENTERTAINMENT DISTRICT!
One South Commercial is pleased to present the exclusive listing for 4 S Auburn Avenue in Richmond’s vibrant Carytown neighborhood.
This fully renovated property consists of four one bedroom apartments, each designed to blend modern convenience with timeless character. Recent upgrades include new kitchens, bathrooms, flooring, in-unit washer/dryers, and more.
Three of the four units are currently leased at $1,499 per month, generating strong immediate income. The fourth unit has been intentionally left vacant, offering flexibility for an owner-occupant or additional rental potential. The property is separately metered for all utilities, ensuring tenants are responsible for their own usage.
Located in the heart of Carytown—home to eclectic shops, top dining, and a lively entertainment scene—4 S Auburn Avenue presents a rare opportunity to own a turnkey multifamily investment in one of Richmond’s most sought-after neighborhoods.
-New kitchens, baths, flooring, and in-unit washer/dryers
-Rented at $1,499/month
-One vacant unit ready for occupancy
-Separately metered for all utilities
-In the heart of Carytown's dining, retail, and entertainment

PROPERTY FACTS

Price $949,000
Price Per Unit $237,250
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 2,360 SF
No. Stories 2
Year Built 1913
Zoning R-02

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - -
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • W000-1454-014
  • W000-1456-018
Land Assessment
$420,000
Improvements Assessment
$804,000
Total Assessment
$1,224,000
  • Listing ID: 37512113

  • Date on Market: 9/2/2025

  • Last Updated:

  • Address: 4 S Auburn Ave, Richmond, VA 23221

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