Chesterfield County, Virginia · Wholesaling

Wholesaling Real Estate in Chesterfield County, Virginia

Wholesaling real estate in Chesterfield County, Virginia lets you profit from property deals without buying, renovating, or holding a home. You find a distressed property, sign a purchase contract with a motivated seller, and assign that contract to a cash buyer for a fee.

Assign contractsCash buyersProbate leadsPre-foreclosureAbsentee owners

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Chesterfield County, Virginia areas and ZIP codes map for real estate investors
$459,990
Median listing price (up 2.5%)
2,126
Active listings in Chesterfield County
39 days
Average time on market
$2,450
Median rent

Market data: Realtor.com Chesterfield County housing market, October 2026. Zillow Home Value Index for Chesterfield County: $412,221 (up 2.6% from a year earlier), August 2026. View homes on Zillow.

Carolynn Castillo, ForeclosuresDaily.com customer

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Listed and sold 25 properties and personally bought and sold four fix-and-flip properties, all generated from probate leads.

Carolynn Castillo
Realtor & Broker · eXp Realty

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Local market snapshot

Why wholesale real estate in Chesterfield County?

Wholesaling needs little capital because you control a property with a contract and an earnest money deposit, not a mortgage. In addition, your buyer handles the repairs, so you never manage contractors, and many assignments close in weeks rather than months.

Chesterfield County’s county seat is Chesterfield Court House. Its ZIP codes span communities such as Midlothian, Moseley, Ampthill, and Bon Air, and motivated-seller situations such as inherited homes, tired rentals, and pre-foreclosures show up across all of them.

Local investors who track probate filings, divorces, and foreclosure notices in Chesterfield County and reach owners early tend to find the best off-market deals.

Chesterfield County wholesale real estate investors finding off-market deals
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Step-by-step

How does wholesaling real estate work in Chesterfield County?

Every wholesale deal follows the same path, from the first lead to the assignment fee:

Find a distressed property

Initially, use targeted lead generation to find owners with a reason to sell, such as heirs, tired landlords, or owners facing foreclosure.

Run the numbers

Next, estimate the after-repair value (ARV) from nearby sales, because your offer depends on it.

Sign a purchase contract

Then agree on a price that leaves room for your buyer’s profit as well as your assignment fee.

Find a cash buyer

After that, match the deal with a flipper, landlord, or other cash buyer from your list.

Assign the contract

In addition, transfer your rights under the contract to the buyer in exchange for your fee.

Collect your fee

Finally, the title company or closing attorney usually pays your assignment fee at closing.

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Targeted real estate lead generation

Motivated sellers who want to liquidate fast

For this reason, ForeclosuresDaily.com’s off-market real estate platform covers every major distress signal in Chesterfield County, cross-referenced with tax rolls and property appraiser records.

Probate LeadsExecutors who must sell before the estate can close.Get probate leads →Pre-Probate LeadsFamilies who may sell before a probate case is filed.See pre-probate leads →Inheritance LeadsHeirs who want to sell because they will not keep the home.View inheritance leads →Foreclosure LeadsOwners behind on payments who want to sell before auction.Explore foreclosure leads →Divorce LeadsCouples who must sell when they divide shared assets.Find divorce leads →Eviction LeadsTired landlords who want out because of problem tenants.Browse eviction leads →Code Violation LeadsOwners facing fines because of open violations and costly repairs.Check code violation leads →Tax DelinquencyOwners behind on property taxes who need cash soon.Target tax-delinquent owners →Absentee Owner LeadsOut-of-area owners, especially those far from the property.Reach absentee owners →Life Leads & FSBOOwners selling on their own rather than with an agent.Shop all lead products →
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Find a deal

How do you calculate a wholesale offer in Chesterfield County?

Every offer starts with the ARV, which is what the home will be worth once it is fixed. For example, the 70% Rule says your buyer should pay no more than 70% of ARV minus repairs. Because your assignment fee comes out of that number, your contract price must be even lower.

For instance, here is the math using the Chesterfield County median listing price as the ARV, an 8% repair budget, and a typical assignment fee.

Wholesale offer example

ARV$459,990
70% of ARV − repairs ($37,000)$284,993
Your assignment fee− $14,000
Your contract price$270,993
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Zip codes

Chesterfield County ZIP codes to watch

Start your search in these Chesterfield County ZIP codes, and then expand as you learn which areas your buyers want. Next, choose a ZIP code from the menu to open its investing data.

MidlothianZIP 23112$479,990Wholesale

Midlothian (23112) market snapshot

$479,990 ▲ 3.1%Median listing price
$218Price per sq ft
37 days ▼ 15.9%Days on market
$2,472 ▼ 1.1%Median rent
385 ▲ 29.1%Active listings
6.2%Gross rent yield

In addition, the Zillow Home Value Index is $436,900 (up 2.4% from a year earlier) as of August 2026.

Midlothian is an unincorporated area and census-designated place in Chesterfield County, Virginia. Settled as a coal town, Midlothian village experienced suburbanization effects and is now part of the western suburbs of Richmond, south of the James River in the Greater Richmond Region. The Village of Midlothian was named for the early 18th-century coal mining enterprises of the Wooldridge family. Population: 18,320. ZIP 23112 covers the southern part of Midlothian, about 3 miles from the center of the city.

Investor note: Unincorporated area: permits, liens, and code enforcement are handled by the township or county, so pull records there. Water nearby: view and water-access homes often sell at a premium, so compare ARV carefully and check flood zones. Industrial history: older housing stock often needs updates, which suits fix-and-flip buyers.

Max offer when the ARV equals the median price$479,990 × 70% − $38,000 repairs = $297,993 max offer

Also see the full 23112 market report on Realtor.com →Then view 23112 homes on Zillow →

MidlothianZIP 23113$622,305Negotiate

Midlothian (23113) market snapshot

$622,305 ▼ 14.7%Median listing price
$232Price per sq ft
30 days ▼ 11.4%Days on market
$2,700 ▲ 2.4%Median rent
136 ▲ 7.3%Active listings
5.2%Gross rent yield

In addition, the Zillow Home Value Index is $722,413 (up 4.5% from a year earlier) as of August 2026.

ZIP 23113 covers the northern part of Midlothian, about 3 miles from the center of the city.

Investor note: Close to the city center, where older homes and rentals are common, so check rental-registration and code-violation records. Pull probate, pre-foreclosure, and absentee-owner leads for 23113 to find motivated sellers here.

Max offer when the ARV equals the median price$622,305 × 70% − $50,000 repairs = $385,614 max offer

Also see the full 23113 market report on Realtor.com →Then view 23113 homes on Zillow →

MoseleyZIP 23120$649,000Flip

Moseley (23120) market snapshot

$649,000 ▲ 4.8%Median listing price
$239Price per sq ft
45 days ▼ 16.3%Days on market
$3,000 ▲ 5.4%Median rent
266 ▲ 21.9%Active listings
5.5%Gross rent yield

In addition, the Zillow Home Value Index is $611,570 (up 2.5% from a year earlier) as of August 2026.

Moseley is an unincorporated area in Powhatan and Chesterfield counties in the U.S. state of Virginia. It is located to the west of the metropolitan Richmond area. The community still has farms, some of which have established tourist activities such as pick-your-own-fruits and -vegetables and seasonal events. The privately owned Metro Richmond Zoo is located here and has operated year round on its 70-acre facility since 1995.

Max offer when the ARV equals the median price$649,000 × 70% − $52,000 repairs = $402,300 max offer

Also see the full 23120 market report on Realtor.com →Then view 23120 homes on Zillow →

AmpthillZIP 23234$359,990Buy & hold

Ampthill (23234) market snapshot

$359,990 ▲ 2.2%Median listing price
$216Price per sq ft
45 days ▼ 26.2%Days on market
$2,250 ▲ 23.3%Median rent
81 ▲ 17.4%Active listings
7.5%Gross rent yield

In addition, the Zillow Home Value Index is $311,796 (up 3.6% from a year earlier) as of August 2026.

Ampthill Plantation was located in the Virginia Colony in Chesterfield County on the south bank of the James River about four miles south of the head of navigation at modern-day Richmond, Virginia. Built by Henry Cary, Jr. about 1730, it was just upstream of Falling Creek. It was later owned by Colonel Archibald Cary, who maintained a flour mill complex and iron forge at the nearby town of Warwick. Mary Randolph was born there in 1762.

Max offer when the ARV equals the median price$359,990 × 70% − $29,000 repairs = $222,993 max offer

Also see the full 23234 market report on Realtor.com →Then view 23234 homes on Zillow →

Bon AirZIP 23235$475,000Wholesale

Bon Air (23235) market snapshot

$475,000 ▼ 0.1%Median listing price
$231Price per sq ft
35 days ▼ 9.2%Days on market
$2,395 ▲ 6.6%Median rent
50 ▲ 24.6%Active listings
6.1%Gross rent yield

In addition, the Zillow Home Value Index is $418,025 (up 4.2% from a year earlier) as of August 2026.

Bon Air is a census-designated place in Chesterfield County, Virginia. The community is considered a suburb of the independent city of Richmond in the Richmond-Petersburg region and is a part of the Southside neighborhoods. Population: 18,022 (2020 census).

Investor note: Historic properties: check historic-district rules before planning exterior renovations.

Max offer when the ARV equals the median price$475,000 × 70% − $38,000 repairs = $294,500 max offer

Also see the full 23235 market report on Realtor.com →Then view 23235 homes on Zillow →

RichmondZIP 23236$427,000Negotiate

Richmond (23236) market snapshot

$427,000 ▼ 5.8%Median listing price
$218Price per sq ft
30 days ▼ 35%Days on market
$2,497 ▲ 12.2%Median rent
18 ▲ 10.5%Active listings
7.0%Gross rent yield

In addition, the Zillow Home Value Index is $394,386 (up 2.9% from a year earlier) as of August 2026.

Richmond is the capital city of the U.S. state of Virginia. Incorporated in 1742, Richmond has been an independent city since 1871. 37 million residents, is the third-most populous metropolitan area in Virginia and 44th-largest in the United States. Richmond is located at the James River's fall line. Population: 226,610 (2020 census). ZIP 23236 covers the southwestern part of Richmond, about 7 miles from the center of the city.

Investor note: Has its own local government, so check its code-violation, vacant-property, and rental-registration lists. Large market: high deal volume and plenty of comps for pricing.

Max offer when the ARV equals the median price$427,000 × 70% − $34,000 repairs = $264,900 max offer

Also see the full 23236 market report on Realtor.com →Then view 23236 homes on Zillow →

RichmondZIP 23237$365,000Flip & wholesale

Richmond (23237) market snapshot

$365,000 ▲ 0.8%Median listing price
$212Price per sq ft
27 days ▼ 8.8%Days on market
$1,299 ▼ 24.7%Median rent
15 ▲ 10%Active listings
4.3%Gross rent yield

In addition, the Zillow Home Value Index is $328,963 (up 3.4% from a year earlier) as of August 2026.

ZIP 23237 covers the southern part of Richmond, about 9 miles from the center of the city.

Investor note: Values vary across Richmond, so compare comps within this ZIP rather than citywide.

Max offer when the ARV equals the median price$365,000 × 70% − $29,000 repairs = $226,500 max offer

Also see the full 23237 market report on Realtor.com →Then view 23237 homes on Zillow →

ChesterZIP 23831$399,475Wholesale

Chester (23831) market snapshot

$399,475 ▼ 0.1%Median listing price
$194Price per sq ft
43 days ▲ 7.5%Days on market
$2,325 ▼ 8.8%Median rent
171 ▲ 14.6%Active listings
7.0%Gross rent yield

In addition, the Zillow Home Value Index is $383,431 (up 2.3% from a year earlier) as of August 2026.

Chester is a census-designated place in Chesterfield County, Virginia. Population: 23,414.

Investor note: Commuter suburb: owner-occupant demand helps retail resales and quick assignments.

Max offer when the ARV equals the median price$399,475 × 70% − $32,000 repairs = $247,633 max offer

Also see the full 23831 market report on Realtor.com →Then view 23831 homes on Zillow →

ChesterfieldZIP 23832$469,000Wholesale

Chesterfield (23832) market snapshot

$469,000 ▲ 9.1%Median listing price
$211Price per sq ft
39 days ▼ 15.2%Days on market
$2,700 ▲ 2.9%Median rent
261 ▲ 10.5%Active listings
6.9%Gross rent yield

In addition, the Zillow Home Value Index is $411,770 (up 2.1% from a year earlier) as of August 2026.

Chesterfield is a brand of cigarette, named after Chesterfield County, Virginia. The brand is owned by conglomerate Altria and produced by its subsidiary Philip Morris USA. ZIP 23832 covers the northeastern part of Chesterfield, about 3 miles from the center of the city.

Max offer when the ARV equals the median price$469,000 × 70% − $38,000 repairs = $290,300 max offer

Also see the full 23832 market report on Realtor.com →Then view 23832 homes on Zillow →

ChesterfieldZIP 23838$675,000Flip

Chesterfield (23838) market snapshot

$675,000 ▲ 1.5%Median listing price
$209Price per sq ft
50 days ▼ 15.3%Days on market
n/aMedian rent
149 ▲ 35.4%Active listings
n/aGross rent yield

In addition, the Zillow Home Value Index is $572,090 (up 3.6% from a year earlier) as of August 2026.

ZIP 23838 covers the southwestern part of Chesterfield, about 3 miles from the center of the city.

Max offer when the ARV equals the median price$675,000 × 70% − $54,000 repairs = $418,500 max offer

Also see the full 23838 market report on Realtor.com →Then view 23838 homes on Zillow →

Choose a ZIP code from the menu to see its investing data, then compare markets. Market data: Realtor.com, October 2026, and Zillow Home Value Index, August 2026. Also, gross rent yield is 12 months of median rent divided by the median listing price; the max offer assumes repairs of 8% of the median price.

Antonio Stringfield, ForeclosuresDaily.com customer

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Antonio Stringfield
Probate investor · Los Angeles

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Cash buyers

How do you build your buyers list in Chesterfield County?

Build your buyers list before you sign your first contract. Your best buyers are cash buyers who can close quickly, such as flippers, landlords, and small builders.

  • First of all, attend local real estate investor meetups.
  • Also, review recent cash sales in county records to find active buyers.
  • Then connect with title companies, hard money lenders, and property managers.
  • Finally, ask every buyer for their buy box: areas, price range, and rehab level.
Contracts

What does assigning contracts mean in Virginia?

Assigning contracts means transferring your rights as the buyer under a purchase agreement to another investor. Your contract should allow assignment, and your buyer typically pays your assignment fee at closing.

Wholesaling is legal in most states, but the rules differ. Some states require disclosures or a real estate license for certain activities, so review your contracts with a Virginia real estate attorney before you start.

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Nancy Wallace-Laab
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Nancy focuses on the best outcome for both the seller and the investor, drawing on nearly 20 years of real estate investing experience.

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In fact, since 2004, ForeclosuresDaily.com has helped investors, wholesalers, flippers, and agents reach motivated sellers first.

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Fresh leadsNew records added every day.
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More guides

More wholesaling guides in Virginia

Compare nearby markets before you choose where to farm. For example, these local guides cover other Virginia cities and counties:

Chesapeake · Fairfax County · Henrico County · Loudoun County · Norfolk · Prince William County · Virginia Beach · Wholesale House Prices Virginia Beach

Also, see Wholesaling Real Estate for Profit for the profit math and guides in every state.

FAQ

Wholesaling questions for Chesterfield County

How do you wholesale real estate in Chesterfield County?

First of all, find a motivated seller through probate, pre-foreclosure, or absentee-owner leads. Then sign a contract at a discount, and finally assign it to a cash buyer for a fee.

Is wholesaling legal in Virginia?

Wholesaling is legal in most states, but the rules vary. For example, some states require disclosures or a license for certain activities, so have a Virginia real estate attorney review your contracts.

How much can you make wholesaling in Chesterfield County?

Assignment fees vary by deal. For instance, a fee of about 3% on a home priced near the Chesterfield County median of $459,990 would be roughly $14,000.

Which Chesterfield County ZIP codes have the lowest entry prices?

Among the ZIP codes in this guide, the lowest median listing prices are in 23234 (Ampthill) at $359,990, 23237 (Richmond) at $365,000, and 23831 (Chester) at $399,475, based on Realtor.com data from October 2026.

Where do Chesterfield County foreclosures come from?

Most start with missed mortgage payments, so pre-foreclosure filings appear months before an auction. As a result, investors who reach owners early can buy before the home is listed.

Get Chesterfield County wholesale leads today

Fresh, targeted, off-market data for Midlothian, Moseley, Ampthill, and beyond.
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