905 N 20th St Immeuble residentiel 4 lots 379 707 € (94 927 €/Lot) Richmond, VA 23223

Located in the heart of Church Hill—one of Richmond’s most vibrant and historic neighborhoods—this fully leased, four-unit multifamily property presents a compelling investment opportunity. Built as a true quad, each unit features a two-bedroom, one-bathroom layout and has been recently renovated with modern kitchens, updated bathrooms, and in-unit washer/dryer appliances. With an average rent of $1,075 per unit, this property delivers stable, reliable income from day one.
Church Hill continues to see strong demand from renters who are drawn to its walkable streets, rich architectural character, and proximity to award-winning restaurants, parks, and downtown Richmond. The combination of location, upgrades, and strong tenancy make 905 N 20th Street a turnkey asset in one of the city’s most sought-after submarkets.
-All four units are currently leased, generating consistent cash flow with an average rent of $1,075 per unit.
-Each unit has been updated with new kitchens, bathrooms, and in-unit washer/dryer—reducing near-term capital expenditure.
-All units are two-bedroom, one-bathroom layouts— ideal for attracting long-term renters in Richmond’s urban core.
-Situated in one of Richmond’s most historic and high-demand neighborhoods, just minutes from parks, restaurants, and downtown.