CORE-QUALITY ASSET WITH UPSIDE IN DOWNTOWN'S HOTTEST SUBMARKET! Iron House Apartments is a market rate multifamily asset with value-add upside in the ever-expanding Virginia Commonwealth University submarket. VCU enrollment continues to grow and demand for quality housing is as strong as it has ever been across all demographics. As Downtown Richmond evolves, the market will reward owners who prioritize entrepreneurial marketing tactics, provide integrated technologies, and offer retail amenities like fast casual dining. The current owners have spared no expense maintaining Iron House, so the new owner will be able to focus on income-generating strategies. The property is directly across the street from VCU's indoor arena, the Siegel Center, a block from the VCU bookstore, and an easy walk or bike ride to the primary academic campus, Monroe Park, and its dining, recreational, and social offerings. With a Walk Score of 96, Iron House is a "˜Walker's Paradise' community, where daily errands do not require a car. Kroger, the area's only major supermarket, is only a block west of the property.

Last Updated	10/23/2025	Year Built	1920
Community	10 - Richmond	County	Richmond City

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
AREA	10 - Richmond
CONSTRUCTION	Brick
INTERIOR	Elevators, MultiTenant
LOT	0.33 acre(s)
LOT DESCRIPTION	Level
SEWER	Public Sewer
STORIES	2
WATER	Public
ZONING	B-6

Location

 

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