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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
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 | Apartment Style | Low-Rise |
| Price Per Unit | $237,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 4 | Building Size | 2,360 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1913 |
| Zoning | R-02 | ||
| 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 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $804,000 | |
| Land Assessment | $420,000 | Total Assessment | $1,224,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$420,000
Improvements Assessment
$804,000
Total Assessment
$1,224,000
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4 S Auburn Ave
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