- Chesterfield County
- Amelia
- Ashland
- Bon Air
- Chamberlayne
- Colonial Heights
- Dinwiddie
- Downtown
- East End
- Glen Allen
- Goochland
- Hanover
- Henrico
- Highland Park
- Hopewell
- Lakeside
- Mechanicsville
- Midlothian
- Moseley
- North Chesterfield
- North Side
- Powhatan
- Prince George
- Richmond
- Sandston
- Short Pump
- South Side
- Tuckahoe
- Varina
- West End
Richmond Area Duplex Search
Address Search
House-Hacking is the concept of buying a multi-family property and then living in one unit while renting out the other units so that the tenants pay the owner's mortgage. The owner builds equity while maintaining the property!
If you have the time and means, you can also update/renovate the units you aren't living in before renting them out to boost the rental value when you DO start renting out the units.
Over a short period, the mortgage will be paid off and can become a highly profitable income source for the owner!
Purchasing a duplex rather than a single-family home has several potential advantages, depending on your preferences, lifestyle, and financial goals. Here are some advantages of buying a duplex:
Rental Income:
One of the primary advantages is the potential for rental income. With a duplex, you can live in one unit and rent out the other, helping to offset your mortgage and other expenses. This can make homeownership more financially feasible.
Cost Sharing:
Expenses such as property taxes, insurance, and maintenance can be shared between the two units, reducing the overall financial burden compared to maintaining an entire single-family home on your own.
Build Equity Faster:
The rental income from the second unit can be used to pay down the mortgage faster, allowing you to build equity more quickly than with a single-family home.
Flexibility:
A duplex provides flexibility in terms of living arrangements. You can use both units for personal use, rent out both units, or use one for personal use and rent out the other. This flexibility can adapt to changing circumstances.
Tax Benefits:
As a homeowner, you may be eligible for certain tax benefits. Additionally, you can deduct expenses related to the rental unit, such as mortgage interest, property taxes, and maintenance costs.
Closeness to Investment:
If you are interested in real estate investment, owning a duplex allows you to be directly involved in property management, making it easier to keep an eye on your investment and address any issues promptly.
Shared Maintenance:
Maintenance tasks, such as landscaping and exterior repairs, can often be shared between the two units, reducing the time and effort required for property upkeep.
Security:
The proximity of having neighbors in the same building can enhance security. You may feel more secure knowing that there's someone nearby, especially if you live in one unit and rent out the other.
Homeownership Experience:
Owning a duplex can provide a similar homeownership experience to that of a single-family home, but with additional financial benefits. It allows you to enjoy the perks of property ownership while potentially generating income.
While there are advantages to purchasing a duplex, it's essential to carefully consider your goals, financial situation, and the responsibilities of being a landlord before making a decision. Additionally, local regulations and zoning laws may impact your ability to rent out a portion of the property, so it's important to be aware of any restrictions in your area.
Curious about the availability of duplex, and multi family housing in Richmond Virginia? Sign up for a Duplex (Multi Family) Richmond Real Estate Market Report to see what’s active, under contract, and sold!
Hot Multi Family Duplex Properties:
Investment Opportunity in Historic Church Hill! Welcome to 1517 N 22nd Street, a duplex offering versatility and potential in one of Richmond’s most sought-after historic...
- CVR-2628830 MLS
Rare turnkey triplex opportunity on Chimborazo Boulevard in Richmond’s sought-after Church Hill neighborhood! Offering an impressive 3,487 square feet and three updated a...
- CVR-2628530 MLS
Discover an investment opportunity in Richmond’s Carver neighborhood at 908 W Clay St, conveniently located near Virginia Commonwealth University (VCU), downtown Richmond...
- CVR-2628372 MLS
NEW CONSTRUCTION and scheduled for completion in early November of 2026. Conveniently located in historic Manchester near downtown, James River Park System, and new rest...
- CVR-2625924 MLS
Welcome to 3424 & 3426 S Street in the VERY popular Church Hill neighborhood! These two duplexes are being sold together as a quad unit. Each unit is 746 sq ft and includ...
- CVR-2628133 MLS
Welcome to 703 E Bank Street in Petersburg, VA! This beautifully constructed, brand-new duplex offers approximately 2,000 square feet of total living space, featuring two...
- CVR-2628225 MLS
Wonderful fully leased duplex in a superb location in the heart of Shockoe Bottom awaits it's next owner! Turnkey opportunity to add to your investment portfolio is avail...
- CVR-2627962 MLS
Investment opportunity! 101 W Clay Street presents a compelling investment opportunity as a fully occupied, income-producing triplex in one of Richmond’s most recognizabl...
- CVR-2624901 MLS
4-Unit Multifamily Gem, located in The Historic Fan District, Richmond’s most resilient rental market. Positioned in an ultra-walkable pocket of The Fan, tenants enjoy se...
- CVR-2626056 MLS
Quiet side street investment opportunity in the heart of Richmond’s highly coveted and pedestrian friendly Museum District. This character-rich, four-unit quad, perfectly...
- CVR-2626055 MLS
PETERSBURG DUPLEX BEST BUY – LIVE IN ONE UNIT, RENT THE OTHER! 927 Farmer St., Petersburg, VA 23803 – $199,950 FIRST-TIME HOMEBUYERS – WHY RENT WHEN YOU CAN OWN A D...
- CVR-2626969 MLS
Home is being sold as is.
- CVR-2626872 MLS
1009 Hinton St offers a fantastic investment opportunity with two updated units, ideal for adding to your rental portfolio or owner-occupying one unit while generating in...
- CVR-2626484 MLS
Add to your rental portfolio with this fully occupied brick duplex in Petersburg! 661–663 Pegram Street offers two units, each featuring 2 bedrooms, 1 full bath, and appr...
- CVR-2626602 MLS
OPPORTUNITY IS KNOCKING! OVER $65,000 UNDER CITY TAX ASSESMENT! Hard To Find, RENOVATED! Beautifully Renovated Duplex in Richmond! First Floor Unit is a 2 Bedroom 2 FULL...
- CVR-2626243 MLS
Nestled in the heart of Richmond’s iconic Fan District, 2617 W Grace St offers a rare opportunity to own a piece of the city’s historic architectural fabric while securin...
- CVR-2625614 MLS
**Fantastic VCU-Area Investment Opportunity — $20,000 Below Appraised Value!** Solid brick, fully leased quad offering an excellent opportunity for investors seeking a...
- CVR-2625836 MLS
An income-producing duplex in the heart of Richmond’s Fan District, 312 N. Shields Avenue offers 2,772 square feet, two currently rented units, off-street parking, and fl...
- CVR-2625851 MLS
Fantastic investment opportunity in the heart of Richmond’s Fan/VCU area, this property offers historic character, established rental income, and an incredible location j...
- CVR-2625664 MLS
This fantastic triplex sits on one of the most picturesque blocks of Grove Avenue in the historic Fan District. Perfect for owner-occupied 1st floor with 2 income-produci...
- CVR-2625033 MLS
CALLING ALL INVESTORS AND OWNER OCCUPANTS: OPPORTUNITY IS KNOCKING! Located in Richmond's Fan District and priced to sell at below the 2026 tax assessment of $408,000. Tw...
- CVR-2625081 MLS
Fully renovated duplex. Each unit occupies its own floor of the property with separate entrances. All new everything since 2024 - roof, applianes, flooring, hvac, plumb...
- CVR-2625067 MLS
Fully renovated duplex. Entire property was rebuilt from the studs in 2024. Each unit is 3br, 1.5ba. All new everything. Be part of the Petersburg renaissance today.
- CVR-2625023 MLS
Discover a turnkey investment opportunity in Richmond’s desirable Northside. This well-maintained duplex features a two-bedroom, one-bath first-floor residence currently ...
- CVR-2624612 MLS
This listing presents a rare opportunity to purchase a building with a commercial storefront and a residential unit at 2523 W Main St. The space is currently under a mul...
- CVR-2624541 MLS
15 Unit Multi-Family Property located in one of Richmond's most exciting locations, only steps from the Richmond Convention Center, Coliseum Mixed-Use Project, Transfer S...
- CVR-2624403 MLS
Always rented quickly and easily since 2010, this well-maintained duplex with two one-bedroom units is becoming available for the first time in 16 years. Spacious rooms, ...
- CVR-2623810 MLS
This fully leased eight-unit single-family rental portfolio presents a compelling opportunity to acquire immediate cash flow with additional long-term upside across the R...
- CVR-2623403 MLS
Rare value-add opportunity to acquire a fully renovated 7-unit multifamily building strategically positioned on the high-visibility Hull Street commercial corridor. This ...
- CVR-2622329 MLS
Welcome to 2859 Hull Street, a versatile multi-family asset strategically positioned in the sought-after Burfoot Addition. Located along the revitalizing Hull Street Corr...
- CVR-2622328 MLS
Excellent investment opportunity in the heart of historic Petersburg! This is an income-producing duplex. The upper unit features 3 bedrooms and 1.5 bathrooms. The lower ...
- CVR-2621461 MLS
Investment opportunity in the heart of Petersburg! This duplex features two 2-bedroom, 1-bath units, each with its own entrance, offering over 2,100 square feet of living...
- CVR-2620716 MLS
OPPORTUNITY IS KNOCKING, INVESTOR SALE. TRIPLEX in one of the best areas of Colonial Heights. Close to everything. Lower unit is 2 Bed 1 Bath, Upstairs has 2 Units, b...
- CVR-2620875 MLS
This is a nice brick duplex near VCU with off street parking. It has separate gas and electric meters. One water meter. Both units have central air and washer/dryer. The ...
- CVR-2620136 MLS
Incredible opportunity to own an absolute gem in the heart of the Arts District. The upper floors contain five renovated apartments with beautiful hardwoods, abundant lig...
- CVR-2619745 MLS
Incredible opportunity to own an absolute gem in the heart of the Arts District. The 2nd floor contains one huge two-bedroom two-bathroom apartment with soaring ceilings,...
- CVR-2619741 MLS
Don't miss this fantastic investment opportunity! This well-maintained duplex offers a total of 2,496 square feet, with 1,248 square feet of living space on each side. Ea...
- CVR-2619120 MLS
SELLER OFFERING $10K CLOSING COST INCENTIVE! Experience the perfect blend of contemporary design, urban convenience, and exceptional investment potential with this duple...
- CVR-2618895 MLS
Located at 2218-2220 M Street in the heart of Richmond’s highly desirable Union Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity t...
- CVR-2618857 MLS
NEW PRICE! Exceptional investment opportunity in the heart of Richmond's vibrant Jackson Ward neighborhood with option for SELLER FINANCING! This well-maintained duplex a...
- CVR-2618780 MLS
NEW PRICE! Exceptional investment opportunity in the heart of Richmond's vibrant Jackson Ward neighborhood with option for SELLER FINANCING! This well-maintained duplex a...
- CVR-2618774 MLS
Located in Richmond's historic Woodland Heights neighborhood near Forest Hill Park, 3105 Semmes Ave | 3105 Semmes Ave, Richmond, VA 23225 is a two-story, multi-family dup...
- CVR-2617264 MLS
2400 Barton Avenue presents an opportunity to acquire an 18-unit apartment community in Richmond's rapidly evolving Northside neighborhood. Situated prominently on the co...
- CVR-2616720 MLS
Investor opportunity in Petersburg. This duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom. Both units are currently vacant, giving the nex...
- CVR-2615165 MLS
Outstanding opportunity to acquire an investor friendly 9-unit multifamily asset with stabilized rental income and an appraisal-supported cap rate of approximately 8.5% a...
- CVR-2614044 MLS
This fully leased five-unit apartment building at 23-25 W Old Street presents a rare opportunity to acquire a stabilized, income-producing asset in the heart of downtown ...
- CVR-2610384 MLS
6-property single family rental portfolio investment in Henrico County. • 1311 Village Views Drive, Henrico, VA 23059 • 2001 Mountain Gate Way, Henrico, VA 23060 • 560...
- CVR-2604855 MLS
Fully occupied 4-Unit Multi-Family Property with SUBDIVIDABLE lot to build a single-family home by-right, or another multi-family property (with approvals). This location...
- CVR-2604831 MLS
Prime Fan District investment opportunity at 2607 W Grace St—a classic 1910 brick quadplex featuring four (4) one-bedroom apartments in one of Richmond’s most in-demand, ...
- CVR-2601771 MLS
Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of B...
- CVR-2601767 MLS
Address Search
Interactive Map Search
:format(webp):quality(80)/u.realgeeks.media/homerva/map-sidebar.png)
Richmond City Real Estate
Chesterfield County Real Estate
Henrico County Real Estate
Hanover County Real Estate
Connect With Us
📞 (804) 409-4614
:format(webp):quality(80)/u.realgeeks.media/homerva/facebook-3-48.jpg){kind=small}
:format(webp):quality(80)/u.realgeeks.media/homerva/instagram-6-48.jpg){kind=small}
:format(webp):quality(80)/u.realgeeks.media/homerva/linkedin-6-48.jpg){kind=small}
:format(webp):quality(80)/u.realgeeks.media/homerva/youtube-3-48.jpg){kind=small}