#2507069, Justin Sledd, Listing office: One South Commercial LLC
#2519594·
Listing office: Weichert Brockwell & Associate·
Listing agent: Matt Smith·
Listing office phone: (804) 518-0500
$2,120,000 List price
2502 N Ave Richmond, VA 23222
3,364 sqft
0.2 acres
$630 / sqft
Multi-Family
Property details
About 2502 N Ave
RVA MULTI-FAMILY RENTAL PORTFOLIO- 16 UNITS Investors- Looking to add some Quality units to your rental portfolio? If so, then take a look at this 7-property, 16-unit, Multi-family Rental Portfolio. This Portfolio consists of 1 QUAD and 6 Duplexes. All units are rented. All units are individually metered for water and power, so tenants pay all utilities. All properties have been renovated prior to rental. All properties are all electric. This is an All or None sale, all 7 properties are for sale as a package. All properties may be inspected, and there will be a group showing for qualified buyers who can provide Proof of Funding as well as Proof of downpayment funds to secure funding. These properties are all in Richmond, Brookland Park area. All rents are good but below Market, so there is ample room for rental growth. Currently bringing in over 18K per month with little overhead. Don't let this Turnkey Richmond Rental Portfolio pass you by. Sale includes the following properties: 1903 2nd Ave., 2420 Lamb Ave., 2502 North Ave., 3004 Barton Ave., 3024 North Ave., 3307 Barton Ave., 3408 1st Ave..
Highlights
Home typeQuadruplex
StatusActive
Size3,364 sqft
Lot size0.1527 Acres
Year built1924
ParkingOff Street
MLS #2519594
Summary
- Basement: No
- Parking: Off Street
- Architectural Style: Two Story
- List Price: $2,120,000
- Price/SqFt: $630
- Annual Tax Amount: $4,248
- Tax Year: 2024
- Directions: Located near the corner of North Ave. and Overbrook Rd..
- Year Built: 1924
- Stories: 2
- Living Area: 3,364 SqFt
- Lot Size: 0.1527 Acres
- MLS Number: 2519594
- MLS Name: CVR
- Office Name: Weichert Brockwell & Associate
- Office Phone: (804) 518-0500
- Office Email: john@therealtorpro.com
- Listing Agent: Matt Smith
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2011 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $354,000 | $4,248 |
| 2023 | $324,000 | $3,000 |
| 2022 | $309,000 | $3,000 |
| 2021 | $291,000 | $3,000 |
| 2020 | $250,000 | $1,401 |
| 2019 | $248,000 | $1,320 |
| 2018 | $236,000 | $1,320 |
History based on county public records data.
Nearby schools
3
Overby-Sheppard Elementary School
Public District PK-5
0.5 mi
•2300 1st Ave
4
Barack Obama Elementary School
Public District KG-5
0.6 mi
•3101 Fendall Ave
1
George W. Carver Elementary School
Public District KG-5
1.1 mi
•1110 W Leigh St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,280. Most Richmond, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
25%
<35k
60%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
Horse Races
Where do the neighbors shop?
Burlington
Sam's Club
Stein Mart
Where do the neighbors go to eat?
Popeyes
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Dodge
Oldsmobile
Buick
What do the neighbors listen to?
Urban Contemporary
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2502 N Ave
The listing price of 2502 N Ave property is $2,120,000.
The property 2502 N Ave is a multi located in Richmond, Virginia, 23222.
Active Listing: 2502 N Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2502 N Ave are: Overby-Sheppard Elementary School (GreatSchools Rating 3/10), Barack Obama Elementary School (GreatSchools Rating 4/10), George W. Carver Elementary School (GreatSchools Rating 1/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Thomas H. Henderson Middle School (GreatSchools Rating 1/10), Richmond Community High School (GreatSchools Rating 9/10), Richmond Alternative (GreatSchools Rating 1/10), Armstrong High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $4,248 (source: MLS/based on county public records data).
The last sale was on February 28, 2011 for $100,000 (source: MLS/tax record).
The property 2502 N Ave is 3,364 SqFt (source: MLS/tax record).
The year of construction for 2502 N Ave is 1924.
This home is located at 2502 N Ave in Richmond, VA and zip code 23222 in the Northern Barton Heights neighborhood. This 3,364 square foot home, which was built in 1924, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $2,120,000.
Over 210 listings were sold over their listed price in June 2025 in Richmond, VA. In the same period over 112 listings were sold below the listed price and 99 listings were sold for the listed price. Between May and June 2025, Richmond, VA real estate market has seen increase in the number of listings by 0.6%. Listings spent 18 days on the market in June 2025, and had a median list price of $373,965 during the same period.
From Rocket Homes Real Estate and based on county public records data.