1401 Coalter Street Richmond, VA 23223

PRICED AT $2,399,000

Listing Details

  • $2,399,000
  • MLS# 2615177
  • Type Commercial - Business
  • Status Active
  • 0.590 acres Lot Size
  • 1967 Year Built

Description

**RICHMOND's BEST BUY** Value-add opportunity in Richmond (23223). This 20-unit apartment complex is the perfect property for any experienced investor. This is an easy BRRR. This property consists of 5 buildings, each a QUAD, with 2 upstairs units with vaulted ceilings, and 2 downstairs units. All units are all electric. Owner pays for water, sewer and trash, tenants pay for electric. All units are 20beds, 1-bath and are around 744 sq ft each. Units have forced hot air electric, and window AC units. There are currently 12 units rented, 6 units ready to rent, and 2 down units used for storage... Units rent in current condition at $1250 per...read more

Features

  • Window Unit(s)
  • Electric, Forced Air
  • 2.0 Stories
  • Public
  • Built in 1967
View All Features

Contact the Listing Agent

Contact the Listing Agent
Listed By: Weichert Brockwell & Associate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 12:01:42 AM EST) or CAAR MLS (last updated Tue 06/09/2026 11:10:22 PM EST) or CVRMLS (last updated Tue 06/09/2026 11:58:29 PM EST) or Williamsburg MLS (last updated Tue 06/09/2026 10:54:49 PM EST) or NNAR MLS (last updated Tue 06/09/2026 10:26:39 PM EST) or Chesapeake Bay & Rivers (last updated Tue 06/09/2026 8:50:41 PM EST). Real estate listings held by brokerage firms other than Napier Realtors ERA may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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All Property Features

  • Property Type: Commercial - Business
  • Building Features: Multi-Tenant, No Elevators
  • Cooling: Window Unit(s)
  • Days on Site: 6
  • Exterior: Metal Siding, Vinyl Siding
  • Heating: Electric, Forced Air
  • Home Style: Garden Home
  • Lot Description: Level
  • Lot Size: 0.59 Acres
  • Parcel#: E000-0604-015
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Topography: Level
  • Water: Public
  • Year Built: 1967