1122-1130 W. Marshall St. Listing Details & Market Data

1122-1130 W. Marshall St., Richmond, VA 23220

  • For Sale $1,450,000
  • Property Type Multi-Family
  • Property Size 6,484 SF
  • Units 4
  • Lot Size 0.2 Acre
  • Date Updated Apr 8, 2024
17.58x88-n0000466033, 19.33x88-n0000466034, 19.08x88-n0000466035, 20.46x88.17-n0000466036, 2033x88-n0000466037Outstanding development opportunity in the rental rich area of VCU. With the potential for a profitable apartment building, make this your next project. This development/multi-family opportunity consists of 4 rental properties and 1 buildable lot. Each home has 3 bedrooms, 1.5 bathrooms with a washer/dryer in each home and 2 off-street parking spaces. Though these homes have the potential for value adds and premium rents, it is a RARE thing to find an opportunity to have 5 contiguous lots in a rental rich environment like the VCU area, particularly behind the Siegel Center, with parking. Highest and best use would be a 4 level multi-unit apartment building. Make this your signature development project for 2024. Seller will NOT sell properties individually.

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Highlights

  • This package deal includes 4 Units with 3 Bedroom, 1 and 1/2 bath homes
  • 0.04 AC buildable lot in the Carver Neighborhood.
  • Off-street parking
  • 3 of the 4 homes are rented with 1128 W. Marshall being vacant
  • This is a rare opportunity to gain market share in a well established and continuously growing rental market as well as the development potential.

Contacts

broker

Newton Carroll

Joyner Commercial

(804) 439-3813

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (96)

  • Transit Score ®

    Good Transit (55)

  • Bike Score ®

    Very Bikeable (84)
Powered by Walk Score ®
  • City Richmond, VA
  • Neighborhood Carver
  • Zip Code 23220
  • Market Richmond Tidewater

Points of Interest

  • Richmond Main Street

    1.74 miles

  • AR Cab Service

    4.36 miles

  • Richmond Staples Mill Road

    5.16 miles

  • Kroger

    0.26 miles

  • Citgo

    0.44 miles

  • Mobil

    0.65 miles

  • Shell

    0.82 miles

  • BP

    0.88 miles

  • Exxon

    0.97 miles

  • Exxon

    1.08 miles

  • Exxon

    1.22 miles

  • Fleet Fueling

    1.25 miles

  • 7-Eleven

    1.27 miles

  • VCU - AR Extension Lot

    0.04 miles

  • VCU - AR Lot

    0.05 miles

  • West Broad Street Parking Deck

    0.11 miles

  • VCU - HB Lot

    0.11 miles

  • Bowe Street Parking Deck

    0.19 miles

  • Broad and Belvidere Parking Deck

    0.26 miles

  • Laurel & Grace Place

    0.27 miles

  • VCU - QQ Lot

    0.32 miles

  • VCU - EE Lot

    0.35 miles

  • VCU Henry Street Parking Deck - West

    0.40 miles

  • Subway

    0.07 miles

  • Jamaica House

    0.11 miles

  • Which Wich?

    0.12 miles

  • Club 534

    0.12 miles

  • Extreme Pizza

    0.14 miles

  • Unleashed Gourmet Hot Dogs

    0.15 miles

  • Panda Veg

    0.15 miles

  • Qdoba

    0.16 miles

  • BoDillaz Famous Quesadillas

    0.16 miles

  • Five Guys

    0.16 miles

  • VCU Center for Cultural Experiences in Prevention

    0.17 miles

  • George W Carver Elementary School

    0.20 miles

  • Virginia Commonwealth University

    0.29 miles

  • VCU da Vinci Center for Innovation

    0.40 miles

  • VCU Wellness Resource Center

    0.40 miles

  • Maggie L. Walker Governor's School

    0.49 miles

  • Spartan Academy

    0.59 miles

  • Virginia Union University

    0.59 miles

  • Adult Career Development Center

    0.60 miles

  • Binford Middle School

    0.67 miles

  • School of Andrew

    0.30 miles

  • Faison Center Early Education Center

    3.37 miles

  • KinderCare

    5.01 miles

  • Chamberlayne Baptist Preschool

    5.29 miles

  • Kingdom Kidz Child Development Center

    5.59 miles

  • Tuckaway Child Development Center

    5.68 miles

  • New Beginnings Family Daycare

    5.86 miles

  • Antioch Learning Center

    5.87 miles

  • Rainbow Station at Hanover Medical Park

    6.17 miles

  • The Learning Experience

    6.22 miles

Contact Listing Broker

broker

Newton Carroll

Joyner Commercial

(804) 439-3813