NOT LISTED FOR SALE

1208 W Franklin St Richmond, VA 23220

The Fan Neighborhood
10 Beds
-- Bath
8,474 Sq Ft
8,747 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $1,465,000 $173 Per Sq Ft

19 Days on Market

Highlights

  • 0.2 Acre Lot
  • 4 Car Detached Garage
  • 4-minute walk to Lombardy & Park Avenue Triangle
  • Open High School Rated A+

About This Home

As of December 2020

Beautiful Quad in prime location of Richmond. This upscale 1920's mansion was built by two tobacco heiresses and is set up with three units in the main house with a 4 car garage and carriage house in the back. Each unit was completely remodeled between 2016-2019, including bathrooms, kitchens, floors, HVAC, and more. Flat roof was replaced in 2017. Courtyard has new hardscape, landscape and steps. Great investment opportunity, or an opportunity to live in one unit and cashflow the rest. Part of of portfolio of multi families. 1210 next door is also for sale. 1529 W Cary, 1601 W Cary, 2401 Grove, and 1302 Grove are the others that are for sale. Portfolio can be packaged together or sold separately. Priced at a 7% Cap Rate. This home is also on the National Register of Historic Places. Basement is currently being rented for $795 a month until 2/28/21, and unit A is set to increase to $3,895 in 2022 and Unit D will increase up to $3,325.

Last Agent to Sell the Property

Jared Davis

EXP Realty LLC License #0225210738 Listed on: 08/24/2020

EXP Realty LLC

Last Buyer's Agent

James Strum

Long & Foster REALTORS License #0225175558

Long & Foster REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,096

Year Built

  • Built in 1923

Lot Details

  • 8,747 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 8,474 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Community Details

  • 4 Units
  • Gross Income $138,120

Listing and Financial Details

  • Assessor Parcel Number W000-0614-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,096

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1923
  • Lot Size Acres: 0.2008
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Quadruplex
  • General Property Information Below Grade Unfinished Area: 2754.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Living Area: 8474.0
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0614-028
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 138120.0
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9096.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $1,465,000 -11.2% $173 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,650,000 +144.4% $195 / Sq Ft
06/16/2015 06/16/15 Sold $675,000 -10.0% $103 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $750,000 -- $114 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jared Davis

    Seller's Agent in 2020

    Jared Davis

    EXP Realty LLC

    (804) 536-6100

    6 in this area

    639 Total Sales

    Jared Davis
    Section Image
  • James Strum

    Buyer's Agent in 2020

    James Strum

    Long & Foster

    (804) 432-3408

    10 in this area

    570 Total Sales

    James Strum
    Section Image
  • Thomas Innes

    Seller's Agent in 2015

    Thomas Innes

    RE/MAX

    (804) 514-7890

    23 in this area

    83 Total Sales

    Thomas Innes
    Section Image
  • Philip Innes

    Seller Co-Listing Agent in 2015

    Philip Innes

    RE/MAX

    (804) 357-5371

    30 in this area

    195 Total Sales

    Philip Innes
    Section Image

  • R

    Buyer's Agent in 2015

    Roger Mathews

    Joyner Fine Properties

    (804) 840-5141

    2 Total Sales

    Roger Mathews
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2025810

Central Virginia Regional MLS

APN: W-000-0614-028

Virginia Richmond City County Richmond 23220 The Fan

1208 W Franklin St, Richmond, VA

This home is located at 1208 W Franklin St, Richmond, VA 23220 since 24 August 2020. This property was built in 1923. 1208 W Franklin St is a home located in Richmond City with nearby schools including Dogwood Middle School, Open High School, and Thomas Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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