USAVARichmondBarton Heights2000 Lamb Avenue
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New
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$1,275,000

9 hours ago

2000 Lamb Avenue, Richmond, VA

0 Bed

0 Bath

5692 sqft

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MLS® 2602856

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5692 sqft
Garage No
Taxes $8,964
Days Active 0
Lot Size 0.2405 acres
Approx. Age 1969
Avg. Price Per Sqft $223
MLS® Number 2602856

Property Address: 2000 Lamb Avenue, Richmond, VA, 23222

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

Description

2000 Lamb Avenue presents a compelling opportunity to acquire a stabilized, value-add multifamily asset in an improving Richmond submarket. The property consists of eight (8) apartment units and has strong historical occupancy, offering immediate cash flow with upside remaining. Ownership has completed substantial capital improvements, including full renovations of six (6) of the eight units, exterior painting, window replacement as needed and paving of the rear parking lot, significantly reducing near-term capital expenditure needs. The renovated units feature modern finishes in the kitchen & bathroom and in-unit washer and dryers, a highly desirable amenity that supports strong tenant demand and retention. Despite the recent improvements, the property still offers a clear value-add opportunity through the renovation of the remaining two units. Additionally, current rents remain slightly below market, providing investors the ability to capture further upside through strategic rent growth as units turn and market conditions continue to strengthen. Located in an area of Richmond that continues to see reinvestment and neighborhood improvement, 2000 Lamb Avenue benefits from solid fundamentals, strong occupancy, and long-term appreciation potential. This asset is well suited for investors seeking a balance of stable income today with meaningful upside tomorrow.
MLS® Number2602856
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2405
Exterior
GarageNo
Approx. Age1969
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
2000 Lamb Avenue, Richmond, VA

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