For Sale
3314 3rd Avenue Richmond Virginia 23222
3314 Third Avenue presents an excellent opportunity to acquire an updated, income-producing duplex in Richmond’s Northside. The property features a spacious three-bedroom apartment upstairs, currently leased for $1,493 per month, and a two-bedroom apartment downstairs, currently leased for $1,275 per month.
Both residences offer renovated kitchens and bathrooms, in-unit washers and dryers, and central heating and air conditioning. The property is separately metered, with tenants responsible for all utilities, helping simplify ownership and reduce operating expenses. Off-street parking is also available on-site—an attractive convenience for current and future residents.
Conveniently located near neighborhood shops, restaurants, parks, major roadways, and Downtown Richmond, 3314 Third Avenue combines steady rental income, desirable amenities, and a strong Northside location.
Justin is a seasoned commercial real estate expert with over 15 years worth of experience. Having a widespread knowledge of the Richmond real estate market, Justin is comfortable handling many types of transactions, but his primary practice areas are multifamily and investment sales. Justin possesses a commanding knowledge of Richmond’s rental market, providing his clients with in-depth analysis of the competitive landscape and value-added solutions. Justin is a Richmond native and a graduate of Virginia Commonwealth University.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed