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 $1,072,989. Multi-family home sale prices in Richmond have a median of $374,500. The last 24 months of sales history has seen 582 sales, with 389 sales greater than $250,000, 100 sales valued at over $1,000,000, and 20 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 $128.

Values and sold prices (last 24 months) United States Virginia Richmond
Average price/sqft $1,047 $510 $155
Median price/sqft $92 $100 $128
Average sold price $1,598,184 $3,196,373 $1,779,092
Median sold price $237,272 $270,466 $374,500
Number of sales 403,209 4,072 582
Number of sales over $250k 195,605 2,171 389
Number of sales over $1m 58,039 601 100
Number of sales over $10m 10,180 226 20
Average total tax amount $41,585 $21,415 $10,202
Average assessed value $812,378 $1,987,700 $1,072,989
Average market value $1,636,904 $2,011,641 $1,072,989

Richmond multi-family home property averages

The average lot size of multi-family homes in Richmond is 4,864 sf. This is 40% below the Virginia average. The average building area is 75 sf and the median year built is 1920.

Property averages United States Virginia Richmond
Average lot size 87,842 sf 60,464 sf 23,273 sf
Median lot size 6,975 sf 7,344 sf 4,864 sf
Average building area 865 sf 401 sf 121 sf
Median building area 64 sf 79 sf 75 sf
Median year built 1949 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 2,147 acres and the aggregate building area for multi-family homes in Richmond is 335,539 sf.

Supply United States Virginia Richmond
Number of parcels 4,385,768 49,580 5,078
Aggregate lot acerage 143,941,025 45,896 2,147
Aggregate building area 1,754,189,484 sf 8,985,588 sf 335,539 sf
Aggregate units 49,552,658 927,442 27,127

Richmond multi-family home industrial mortgages

There are 12,337 mortgages for multi-family homes across Richmond in the Reonomy database. The average value of those mortgages is $1,041,549. This is 97% below the Virginia average.

Debt United States Virginia Richmond
Number of mortgages 10,756,489 82,594 12,337
Average value of mortgages $1,394,620 $3,024,904 $1,041,549

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