Description
Welcome to 2111 Maplewood Avenue in the heart of RVA's Byrd Park neighborhood. This rare all-brick Quad apartment building (4 units of 780 sqft and 2 Bedrooms & 1 full bathroom each) has an outstanding rental history and a fantastic location. Perfect for city workers, VCU students or people who love to walk/run/bike in the nearby Byrd Park & Maymont! All utilities and systems are on separate meters and each unit features central air w/ gas heat, Private assigned parking behind the building and washer/dryer hook-ups in-unit. All units were refreshed with updated flooring and systems less than 10 years ago. The block has beautiful curb appeal and will be a sound investment for years to come. Unit D was recently leased through March of 2026 for $1425 per month. Unit B is recently vacant and being rented for $1450, Unit C renewed for $1300 through June 30, 2026 and Units A will renew in June of 2025. Total monthly rental income is $5,600 monthly, for a roughly 7.75% CAP Rate. Recent updates include: All new roof system in 2020, New Gas Furnace in Unit B 10/2024, New Electric Water Heater in Unit C 4/2025 and a fully remodeled crawl space completed in 3/2025: including new poly liner & insulation. This is a rare Byrd Park area multi-family opportunity to own a solid 4-unit investment property with great cash flow and RVA rental rates that only going up each year! *Note: The posted interior photos are from Unit A in 2024 - All 4 Units have the same flooring & finishings.*
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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3,132SQFT
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$271$/SQFT
School Information
Description
Welcome to 2111 Maplewood Avenue in the heart of RVA's Byrd Park neighborhood. This rare all-brick Quad apartment building (4 units of 780 sqft and 2 Bedrooms & 1 full bathroom each) has an outstanding rental history and a fantastic location. Perfect for city workers, VCU students or people who love to walk/run/bike in the nearby Byrd Park & Maymont! All utilities and systems are on separate meters and each unit features central air w/ gas heat, Private assigned parking behind the building and washer/dryer hook-ups in-unit. All units were refreshed with updated flooring and systems less than 10 years ago. The block has beautiful curb appeal and will be a sound investment for years to come. Unit D was recently leased through March of 2026 for $1425 per month. Unit B is recently vacant and being rented for $1450, Unit C renewed for $1300 through June 30, 2026 and Units A will renew in June of 2025. Total monthly rental income is $5,600 monthly, for a roughly 7.75% CAP Rate. Recent updates include: All new roof system in 2020, New Gas Furnace in Unit B 10/2024, New Electric Water Heater in Unit C 4/2025 and a fully remodeled crawl space completed in 3/2025: including new poly liner & insulation. This is a rare Byrd Park area multi-family opportunity to own a solid 4-unit investment property with great cash flow and RVA rental rates that only going up each year! *Note: The posted interior photos are from Unit A in 2024 - All 4 Units have the same flooring & finishings.*
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Listing provided by BHHS PenFed Realty: (804) 320-1391. Listing information © 2025 CVRMLS and CBRAR.