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Sold on 01/28/2021

2918 3rd Ave, Richmond, VA 23222

  • $493,000

    Last sold 01/28/2021 for $315K

  • —

    bed

  • —

    bath

  • 3,680

    Sqft ($86/Sqft)

Multi-family not for sale
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About 2918 3rd Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.31 Acre
Movoto estimate
Rental estimate
Property description
Cash Flowing and updated, this 4 unit building is a rare opportunity. Featuring three units with two bedrooms and one studio apartment. All units are very spacious and in good condition with new HVAC, new roof, electrical and plumbing. Currently 3 of the 4 units are occupied and cash flowing, one unit still needing to be refreshed and leased out. Current monthly income is $2,500 per month with the remaining unit being the best in the building it would easily rent for $1,200 per month. Don't miss out on this incredible opportunity.
Listed by
Listing Agent - Zachary Fauver
Listing Office - EXP Realty LLC
Source: Central Virginia Regional MLS mls logo
MLS#2011667 • last updated 1 year ago
Movoto checked Central Virginia Regional MLS for data 6 minutes ago
Overview
Levels/Style Two, Victorian
Type Residential Income
SubType Quadruplex
MLS # 2011667
SqFt 3680
Status Closed
Lot Size (Acres) 0.3058
Annual Property Tax 3020
Year Built 1900
Interior
Basement Partial
Exterior
Roof Asphalt
Exterior Features Unpaved Driveway
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision The Plateau
Elementary School Overby-Sheppard
High School Armstrong
Middle School Martin Luther King Jr.
APN N000-0919-004
Directions 3rd Ave
Zoning R-6
$493K
Range: $379K-$606K
Last 30 days 
Rental est.: $1,017/month
Gross rent multiplier: 26.6
  • Mar 2023
    mls logo MLS # 2303407
  • Mar 14, 2023 Pending
    —
  • Feb 27, 2023 Price Change
    $474,000 (-5.0%)
  • Feb 14, 2023 Listed
    $499,000 (+58.4%)
  • Jan 2021
    mls logo MLS # 2011667
  • Jan 28, 2021 Sold
    $315,000 (-3.1%)
  • Dec 9, 2020 Pending
    —
  • Apr 27, 2020 Price Change
    $325,000 (-7.1%)
  • Apr 16, 2020 Listed
    $350,000 (+105.9%)
  • Mar 2020
    mls logo MLS # 1934255
  • Mar 9, 2020 Sold
    $170,000 (-24.4%)
  • Oct 28, 2019 Pending
    —
  • Oct 16, 2019 Listed
    $225,000 (+25.1%)
  • Nov 2014
    mls logo MLS # 1420659
  • Nov 12, 2014 Released
    —
  • Jul 22, 2014 Listed
    $179,900 (+32.3%)
  • Jun 2013
    mls logo MLS # 1304454
  • Jun 12, 2013 Sold
    $136,000
  • Feb 19, 2013 Listed
    $136,000
  • Nov 2008
    mls logo MLS # 2828125
  • Nov 5, 2008 Expired
    —
  • 2918 3rd Ave
    $315K
  • Highland Park Southern Tip
    $369K -7% y/y
  • 23222
    $355K -2% y/y
  • Richmond
    $385K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Overby-Sheppard Elementary School
public Grades PK, K-5
Richmond City Public Schools
1/10
Henderson Middle School
public Grades 6-8
Richmond City Public Schools
4/10
John Marshall High School
public Grades 9-12
Richmond City Public Schools
10/10
Open High School
public Grades 9-12
Richmond City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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