2400 Barton Ave, Richmond, VA

Name: 2400 Barton Ave, For Sale in Richmond - eXp Realty
Brand: One South Commercial LLC
SKU: 2616720
Price: 2750000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,750,000

000

MLS® 2616720

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 18972 sqft

Garage

Taxes $19,644

Days Active 0

Lot Size 0.3747 Acres

Approx. Age 1940

Avg. Price Per Sqft $144

MLS® Number 2616720

Property Address: 2400 Barton Ave, Richmond, VA, 23222-4433

Average square foot calculated using Size range provided by listing agent.

Description

2400 Barton Avenue presents an opportunity to acquire an 18-unit apartment community in Richmond's rapidly evolving Northside neighborhood. Situated prominently on the corner of Barton Avenue and East Graham Road, the property benefits from excellent visibility, abundant natural light, and a larger land footprint than many comparable apartment communities in the area. Since acquiring the property, ownership has invested more than $300, 000 in capital improvements, enhancing the property's condition and positioning it for continued growth. The expansive corner parcel provides additional open space and flexibility, creating a valuable amenity for residents today while offering future ownership the opportunity to explore additional uses of the excess land, subject to applicable approvals. Residents enjoy convenient access to the thriving Brookland Park Boulevard corridor, home to neighborhood favorites such as The Smoky Mug, along with an expanding collection of restaurants, coffee shops, breweries, and locally owned retailers that continue to drive Northside's transformation into one of Richmond's most dynamic neighborhoods. The current rent roll demonstrates stable occupancy while also presenting a compelling opportunity for future income growth. Comparable renovated two-bedroom apartments in the immediate area are achieving rents of approximately $1, 450 per month, providing investors with a clear path to increasing revenue through strategic unit turnover and continued asset management. Combining a desirable all two-bedroom unit mix, substantial recent capital investment, a prominent corner location, additional land area, and proximity to one of Richmond's most active neighborhood commercial districts, 2400 Barton Avenue offers an attractive opportunity to acquire a well-positioned multifamily asset with both strong in-place income and meaningful upside potential.

MLS® Number2616720

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1940

BasementUnfinished

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 18, 2026List Date

$2,750,000List Price

Commute

Commute

Starting Address

Destination Address

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