Multi-family home in Richmond

Search multi-family home records in Richmond to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Richmond commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Richmond Multi-family Home and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Richmond commercial real estate professionals. Members from Richmond include brokers, investors and service providers, many of whom specialize in Richmond Multi-family Home.

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Richmond multi-family home sold prices and values

The average assessed value of multi-family homes in Richmond is $1,075,663. Multi-family home sale prices in Richmond have a median of $349,975. The last 24 months of sales history has seen 584 sales, with 378 sales greater than $250,000, 91 sales valued at over $1,000,000, and 17 sales valued at over $10,000,000. The average price per square foot of multi-family homes in Richmond over the last 24 months is $121.

Values and sold prices (last 24 months) United States Virginia Richmond
Average price/sqft $1,113 $544 $144
Median price/sqft $91 $98 $121
Average sold price $1,812,995 $3,251,794 $1,569,707
Median sold price $236,480 $257,601 $349,975
Number of sales 403,279 4,069 584
Number of sales over $250k 195,005 2,101 378
Number of sales over $1m 58,292 567 91
Number of sales over $10m 10,638 220 17
Average total tax amount $12,485 $21,077 $8,903
Average assessed value $768,390 $1,968,961 $1,075,663
Average market value $1,524,275 $2,002,649 $1,075,663

Richmond multi-family home property averages

The average lot size of multi-family homes in Richmond is 4,875 sf. This is 40% below the Virginia average. The average building area is 73 sf and the median year built is 1920.

Property averages United States Virginia Richmond
Average lot size 83,246 sf 59,953 sf 23,367 sf
Median lot size 6,966 sf 7,327 sf 4,875 sf
Average building area 840 sf 391 sf 117 sf
Median building area 63 sf 78 sf 73 sf
Median year built 1948 1961 1920
Average number of units 16 35 7
Median number of units 2 2 2

Richmond multi-family home total supply

There are 5,078 multi-family homes in Richmond. This is 162% below the Virginia average. The total acerage is 2,145 acres and the aggregate building area for multi-family homes in Richmond is 322,751 sf.

Supply United States Virginia Richmond
Number of parcels 4,374,072 49,141 5,078
Aggregate lot acerage 94,596,762 45,018 2,145
Aggregate building area 1,685,627,780 sf 8,662,530 sf 322,751 sf
Aggregate units 49,506,075 926,583 27,036

Richmond multi-family home industrial mortgages

There are 12,167 mortgages for multi-family homes across Richmond in the Reonomy database. The average value of those mortgages is $1,035,103. This is 85% below the Virginia average.

Debt United States Virginia Richmond
Number of mortgages 10,620,138 81,117 12,167
Average value of mortgages $1,377,768 $2,581,415 $1,035,103

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