USAVARichmond618 N 32Nd St
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618 N 32nd St, Richmond, VA

Real Estate

For Sale

Listed price in listed location currency (USD).
$995,000

000

MLS® 2600074

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2700 sqft
Garage No
Taxes $5,712
Days Active 0
Lot Size 0.0632 acres
Approx. Age 1925
Avg. Price Per Sqft $368
MLS® Number 2600074

Property Address: 618 N 32nd St, Richmond, VA, 23223-7506

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

Description

Exceptional investment opportunity in Richmond offering $96, 000 gross annual income and 9.2% CAP rate! This fully renovated 4-unit property is not only turnkey, but also delivers the highest rental rate per unit among all quadplex sales in the Downtown Richmond area. With long-term tenants in place and quality upgrades throughout, this asset offers immediate cash flow and minimal ongoing responsibilities. Each unit is on a 3-year lease generating a combined annual gross rent of $96, 000—a strong return with no property management needed and virtually zero maintenance. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers stability, performance, and peace of mind—all with top-tier rental income already secured. 620 N 32nd Also for sale with identical offering and prefered to sell together. Also offered with the sale is 3108 E Leigh St Rear for parking with the ability to add paid parking for neighboring tenants!
MLS® Number2600074
Laundry LevelWasher Hookup
Central VacNo
FireplaceNo
Acreage0.0632
Exterior
GarageNo
Approx. Age1925
BasementCrawl Space
DrivewayAlley Access, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
618 N 32 Nd St, Richmond, VA

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