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Updated 20 hours ago

5 Spot


5 W Marshall St Richmond, VA

1 Bed
•
1 Bath

549 - 613 Sq. Ft.

Available starting Jul. 12th
1 Bed • 1 Bath
$1,195
587 ft2
1 Available
Managed By: Gray Development Llc
Updated about 20 hours ago

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Unit 304
$1,195
Available Jul 12th, 2024
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View Rented Units
1 Bed • 1 Bath
$1,125
613 ft2
1 Available
Managed By: Gray Development Llc
Updated about 20 hours ago

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Unit 104
$1,125
Available Aug 19th, 2024
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View Rented Units
1 Bed • 1 Bath
$1,195
549 ft2
1 Available
Managed By: Gray Development Llc
Updated about 20 hours ago

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Unit 303
$1,195
Available Sep 10th, 2024
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
97
Walker's Paradise
Transit Score®
63
Good Transit
Bike Score®
82
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $600.0
Property details
Description

One bedroom in the Arts District - Great One Bedroom Apartment in Jackson Ward— Cable and Internet Included!! - This beautiful apartment is available immediately! The only utility our residents are responsible for is the electricity. Your rent includes water, trash sewer, basic cable and Internet!

We are located in the heart of Richmond's Downtown Art District. The area is full of city life and historical charm. Non-refundable $35 application fee for all applicants, 18 or older. Smaller pets considered on a case by case basis, with a pet security deposit.

Additional Details
Account Type: Other
Total Unit Count: 11
Last Updated: Updated 20 hours ago
Contact Number: (804) 420-9490
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5 Spot by bedroom type below.
1 Bedroom
Suggested income:
$42,200
per year
Rent report

5 Spot Rent vs. Richmond Average

 5 Spot      Richmond Average
1BR
$1,172
$1,516
$0
$500
$1,000
$1,500
$2,000

5 Spot is asking 23% less than the average 1 bedroom apartment in Richmond.

If you upsized to an average priced Richmond 2 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Richmond studio apartment, you would pay 16% less per month.

5 Spot provides 17% less square footage than the average Richmond 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5 Spot
1BR $1,172 $2.00 $3,515
Richmond Average
Studio $1,311 $2.20 $3,934
1BR $1,516 $2.20 $4,547
2BR $1,730 $1.80 $5,191
3BR $2,188 $1.60 $6,565
4BR $2,543 $1.50 $7,630

Availability in Richmond

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,181 1BR units on the market in Richmond. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 48% 34% 11% 2%
Available Units in Richmond
Studio 93
1BR 1,181
2BR 840
3BR 268
4BR 42
Location
Nearby College
Campus Buildings and Attractions
Distance Walking Biking Driving
Stuart Siegel Center 0.8 mi 17 min 6 min 2 min
W. Grace Street 0.8 mi 16 min 5 min 2 min
Cabell Library 0.9 mi 17 min 6 min 3 min
Recreational Sports Center 0.9 mi 17 min 5 min 3 min
University Student Commons 0.9 mi 17 min 7 min 2 min
Nearby Hospitals
Name Distance
Vcu Health System 0.76 mi.
Vcu Health System 0.78 mi.
Children's Hospital Of Richmond At Vcu (Brook Road) 1.78 mi.
Nearby Fire Stations
Name Distance
Henrico County Division Of Fire 6.57 mi.
Henrico County Division Of Fire 7.51 mi.
Mechanicsville Fire & Ambulance Department 7.63 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 12, 2024.
What's the square footage of the available units?
The available units range from 549 to 613 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
5 Spot has a 1 bedroom unit starting at $1,195.
Where is this property located?
This property is at 5 W Marshall St in Richmond, VA. It's 1.0 miles east from the center of Richmond.
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