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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Richmond, CA
Rental Income
$ 875,000
ROI
23.2
Cash Flow/m
747- 4 Bed
- 3 Bath
- 1882 sft
37 Nicholl Ave, Richmond, CA, 94801
$ 799,000
ROI
21.8Cash Flow/m
384- 5 Bed
- 3 Bath
- 1800 sft
6084 Monterey Ave, Richmond, CA, 94805
$ 525,000
ROI
23.5Cash Flow/m
489- 4 Bed
- 2 Bath
- 1425 sft
435-437 Duboce Ave, Richmond, CA, 94801
Currently Rented
Rental Income
$ 399,000
ROI
19.8Cash Flow/m
5- - Bed
- - Bath
- 1043 sft
421 Barrett Ave, Richmond, CA, 94801
Why Invest in Richmond, California?
Investing in multifamily properties in Richmond, CA offers promising returns due to the city's revitalization and growing rental demand. With an average rental yield of around 6% and a rental market that is 55% renter-occupied, investors can expect solid cash flow and appreciation potential as urban development continues.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average monthly rent in Richmond, CA is approximately $2,200, making it competitive for multifamily investing.
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