4913 Chamberlayne Avenue, Richmond, VA 23227
Local realty services provided by:ERA Real Estate Professionals
4913 Chamberlayne Avenue,Richmond, VA 23227
$550,000
- - Beds
- - Baths
- 3,538 sq. ft.
- Multi-family
- Active
Listed by: ann schweitzer, isaac weintz
Office: one south commercial llc.
MLS#:2604467
Source:RV
Price summary
- Price:$550,000
- Price per sq. ft.:$155.46
About this home
Located along the growing Chamberlayne Avenue corridor in Richmond’s Northside, 4913 Chamberlayne Avenue is a well-maintained as-built four-unit multifamily property offered fully leased, providing immediate and stable cash flow for investors. Each unit is separately metered for utilities, creating operational efficiency and minimizing owner expenses while appealing to tenants seeking independent living arrangements. The property’s strong in-place occupancy and desirable unit mix position it as an attractive, low-management investment within a steadily improving submarket. Situated on a generously oversized lot, the property also offers compelling long-term upside with potential for additional development, ADU or expansion, subject to zoning and approvals. One of the four units has already been renovated, demonstrating the opportunity to further enhance rents and overall value through strategic upgrades to the remaining units. This combination of stable income, value-add potential, and future redevelopment optionality makes 4913 Chamberlayne Avenue an ideal acquisition for both seasoned and emerging multifamily investors.
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Home facts
- Year built:1946
- Listing ID #:2604467
- Added:1 day(s) ago
- Updated:February 25, 2026 at 07:02 PM
Rooms and interior
- Living area:3,538 sq. ft.
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1946
- Building area:3,538 sq. ft.
- Lot area:0.36 Acres
Schools
- High school:John Marshall
- Middle school:Henderson
- Elementary school:Frances W. McClenney
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$155.46
- Tax amount:$5,832 (2025)
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