3139 Ellwood Ave
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3139 Ellwood Ave
4 Unit Apartment Building $1,050,000 ($262,500/Unit) Richmond, VA 23221
Investment Highlights
- Carytown neighborhood
- Off-street parking
- Separate utilities
- High rental demand
Executive Summary
One South Commercial is pleased to offer the exclusive listing for 3139 Ellwood Avenue in Richmond’s premier neighborhood – Carytown. This property features four beautifully updated apartments, each with its own utilities, ensuring lower operational costs for investors. Off-street parking is also available for added tenant convenience.
The renovation includes:
• All New Kitchens: Cabinets, Countertops, Appliances
• Mini-Split Central Air
• Installed Washer/Dryers
• All New Bathrooms
• Luxury Vinyl Plank Flooring
• Rebuilt Front Porch
• All New Windows
The comprehensive renovation was completed to attract and achieve strong rents. With walkability to a variety of local shops, restaurants, and boutiques, this location ensures consistent rental demand, making it an ideal investment opportunity.
The renovation includes:
• All New Kitchens: Cabinets, Countertops, Appliances
• Mini-Split Central Air
• Installed Washer/Dryers
• All New Bathrooms
• Luxury Vinyl Plank Flooring
• Rebuilt Front Porch
• All New Windows
The comprehensive renovation was completed to attract and achieve strong rents. With walkability to a variety of local shops, restaurants, and boutiques, this location ensures consistent rental demand, making it an ideal investment opportunity.
Property Facts
Price | $1,050,000 | Apartment Style | Low Rise |
Price Per Unit | $262,500 | Lot Size | 0.09 AC |
Sale Type | Investment | Building Size | 3,132 SF |
No. Units | 4 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1931 |
Property Subtype | Apartment |
Price | $1,050,000 |
Price Per Unit | $262,500 |
Sale Type | Investment |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Lot Size | 0.09 AC |
Building Size | 3,132 SF |
No. Stories | 2 |
Year Built | 1931 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 4 | - | - |
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Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
Parcel Number | W000-1406-009 | Improvements Assessment | $296,000 |
Land Assessment | $215,000 | Total Assessment | $511,000 |
PROPERTY TAXES
Parcel Number
W000-1406-009
Land Assessment
$215,000
Improvements Assessment
$296,000
Total Assessment
$511,000
zoning
Zoning Code | R-48 |
R-48 |
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3139 Ellwood Ave
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