Richmond, VA 23223 2007 Cedar Street
$400,000



Presented By: Patrick Sullivan with Samson Properties.
Home Details
A prime development opportunity is located in the heart of Church Hill, RVA. This fully designed, approved and ready-to-build 5-unit multifamily offers a streamlined construction timeline and deal flow. Strategically positioned just steps from the popular Jefferson Park and an array of neighborhood amenities, the property is ideally situated to attract tenants in a high-demand rental market. With the convenience of off-street parking, future residents will appreciate the ease of access and enhanced lifestyle offerings. In addition to its exceptional location and regulatory approvals, the development is engineered to deliver strong income potential, with detailed rental projections available upon request that underscore its promise for robust cash flow and long-term value appreciation. Whether you are a seasoned real estate investor looking to expand your portfolio or a newcomer eager to seize a unique opportunity in one of Richmond’s most dynamic neighborhoods, this multifamily deal presents a compelling combination of location, design, and financial upside. Please note that the image is an artist rendering of the final constructed building. Contact us today for more detailed information.
Presented By: Patrick Sullivan with Samson Properties.
Interior Features for 2007 Cedar Street
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 2007 Cedar Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CountyRichmond City
Electric On Property Y/NNo
Elementary SchoolBellevue
Full Baths
Garage Y/NNo
HOANo
High SchoolArmstrong
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS Area10 - Richmond
Middle/Junior High SchoolMartin Luther King Jr.
MobileHomeRemainsYNNo
New ConstructionNo
OwnershipCorporate
Ownership TypeCorporation
PossessionNegotiable
Possible UseMultiFamily
Property Attached Y/NNo
Property SubtypeUnimprovedLand
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerNotConnectedNearby, PublicSewer
Standard StatusActive
StatusActive
Subdivision NameNone
Tax Annual Amount720.0
Tax Assessed Value93000
Tax Year2024
UtilitiesNaturalGasAvailable, PhoneAvailable, ElectricityAvailable
Zoning DescriptionR-63
Exterior for 2007 Cedar Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.076
Lot Size Area0.076
Open Parking Y/NNo
SpaNo
Water SourceNotConnectedNearby, Public
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Armstrong High School
Elementary School
Bellevue Elementary School
Middle School
Martin Luther King Jr. Middle School

Brant Tullidge
Associate