1908 Parkwood Ave Immeuble residentiel 4 lots 779 411 € (194 853 €/Lot) Richmond, VA 23220

One South Commercial is pleased to present the exclusive listing for 1908 Parkwood Avenue, Richmond, VA. Located in the heart of Richmond’s historic Fan District, this purpose-built quadplex offers an exceptional investment opportunity in one of the city’s most desirable neighborhoods. Each of the four spacious two bedroom units features central air, updated kitchens, in-unit washer/dryer, and off-street parking — a rare amenity in the Fan.
Recent capital improvements enhance both tenant satisfaction and long-term value, including:
• Full roof replacement
• One new HVAC unit
• Repainting of exterior front façade
• Replacement of rear sheathing with new vinyl siding
• Replacement of exterior decking and other woodwork
Interior upgrades include:
• All walls in every unit repaired and freshly painted
• Four bathtub resurfacings, one full tub replacement
• One complete and one partial bathroom renovation
• Replacement of one bathroom floor and tile
• One kitchen floor replacement
• One toilet replacement
• Multiple appliance upgrades including ranges, refrigerators, microwaves, washer/dryer units, and ceiling fans
• New smoke detectors installed in all units
• One window replacement
This well-maintained quadplex offers strong rental appeal with modern conveniences, historic charm, and a prime location. Whether you’re an investor seeking a turnkey multifamily asset or looking to add a solid performer to your portfolio, 1908 Parkwood Avenue is an opportunity not to be missed.