$550,000
- 3,600 Sq Ft
2505 Wakefield St, Hopewell, VA 23860
Rolandus Jackson EXP Realty LLC
$550,000
2505 Wakefield St, Hopewell, VA 23860
Rolandus Jackson EXP Realty LLC
$500,000
2505 Wise St, Hopewell, VA 23860
Keith Wagner EXP Realty LLC
$250,000
2503 Wise St, Hopewell, VA 23860
Keith Wagner EXP Realty LLC
$250,000
2501 Wise St, Hopewell, VA 23860
Keith Wagner EXP Realty LLC
$550,000
256 E Broadway, Hopewell, VA 23860
Antonino Evola EXP Realty LLC
Hopewell, VA, a small city spanning about 11 square miles, is the second-oldest continuously inhabited place in Virginia. Established in 1613, City Point overlooks the Appomattox and James rivers and is a popular park with trails and historical markers. Hopewell, part of Virginia’s Tri-Cities, is home to around 23,000 residents and is located about 20 miles south of Richmond. The city’s recreation is largely centered around its rivers, with the Hopewell City Marina offering a kayak ramp, fishing piers, and access to the James River. Hopewell City Park features a nature-inspired playground, a sandy beach, a fishing pier, and the Hopewell Riverwalk. The city also has the Hopewell Bowling Center, the Appomattox Regional Library, and the Hopewell Community Center. Housing in Hopewell primarily consists of ranch-style houses, with other styles including Cape Cods, modest cottages, and minimal traditional properties. Downtown Hopewell features the Beacon Theatre and a small business district, though many businesses have struggled to stay open. The Boathouse is a notable dining spot. The city is about 9 miles from Southpark Mall, a larger shopping destination. Hopewell’s economy is supported by industry, with companies like Ashland Specialty Ingredients and Honeywell having plants in the city. This industrial presence has led to occasional water-boiling advisories and a higher cancer risk near certain plants. Annual events include the Hopewell Harvest Fest and Light Up the Night. The city is accessible via U.S. Interstate 295 and Virginia State Route 10, with public transportation provided by the Hopewell Circulator bus. Richmond International Airport is about 20 miles away.
On average, homes in Hopewell, VA sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in Hopewell, VA over the last 12 months is $248,235, up 8% from the median home sale price over the previous 12 months.
In Hopewell, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $250,000 to $550,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Hopewell is $249,975, while the average sale price is $252,300, offering insights into the local housing market. On average, multi-family homes spend 36 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Hopewell, VA.