1401 Coalter Street, Richmond, VA 23223

Local realty services provided by:ERA Woody Hogg & Assoc.
1401 Coalter Street,Richmond, VA 23223
$2,400,000
  • - Beds
  • - Baths
  • 14,899 sq. ft.
  • Multi-family
  • Active
Listed by:kenneth byers
Office:weichert brockwell & associate
MLS#:2527845
Source:RV

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$161.08

About this home

Looking for that Value- Add property in the Richmond area? With this opportunity of a 20-unit apartment, multi-family property (10 bottom level, and 10 upper level with vaulted ceilings). Great for a 1031 Investment property, and or private or off-market investors. Come see this opportunistic and well positioned property, close to the Shockoe Bottom area, VCU area, I-95 interchange. Both short- and long-term tenants with average leases for $1250.00 per month. Owner currently making additional upgrades to units, with upper units having spacious vaulted ceilings. This investors portfolio is an opportunity to increase current growth, and revenue, and over time increase future leases. This gives any investor or owner the immediate cash flow that is needed for stabilization, and the growth potential through renovations and rent adjustments. On site parking and on street parking with some additional parking on the side of the property. With investment opportunities to continue to invest on

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Home facts

  • Year built:1967
  • Listing ID #:2527845
  • Added:1 day(s) ago
  • Updated:October 03, 2025 at 07:56 PM

Rooms and interior

  • Living area:14,899 sq. ft.

Structure and exterior

  • Roof:Asphalt
  • Year built:1967
  • Building area:14,899 sq. ft.
  • Lot area:0.59 Acres

Schools

  • High school:Armstrong
  • Middle school:Martin Luther King Jr.
  • Elementary school:Woodville

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$161.08
  • Tax amount:$13,788 (2025)
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