4915 Chamberlayne Ave, Richmond, VA, 23227
About This Home
Exceptional investment opportunity for an ambitious househacker or a savvy buy-and-hold investor. After undergoing a full gut renovation in 2020, this property has been a stable income-producer in a growing pocket of Richmond. Three units are occupied by reliable tenants on long-term leases, while the 4th unit is month-to-month, giving the incoming owner flexibility to approach the property in a way that best fits their own strategy. With a highly-capable and attentive property manager already in place and willing to stay on, and a rent roll over $5,000 per month, this property can be as turnkey as you would like it to be.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Roof: Asphalt,Shingle
- Construction materials: Brick,Drywall
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Washer Hookup,Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Attic: Access Only
Interior Area
- Total interior livable area: 3,540 sqft
Property
Details
- Parcel number: N0170191002
- Zoning description: R-48
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: Fenced,Partial
Lot
- Lot size: 7,540 sqft
- Features: Level
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,982 | $35,784 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $585 | $7,020 |
| Electricity | $340 | $4,091 |
| Total | $4,124 | $49,488 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Pending sale | $589,900 |
| 2026-07-08 | Listed for sale | $589,900 |
| 2020-07-31 | Sold | $171,000 |
| 2020-04-17 | Pending sale | $171,000 |
| 2020-04-02 | Listed for sale | $171,000 |
| 2008-05-23 | Listing removed | $400,000 |
| 2008-03-05 | Listed for sale | $400,000 |
View on Zillow