$300,000

1209 Wallace St Richmond, VA 23220

Randolph Neighborhood

Estimated payment $2,113/month

Total Views 8,787
4 Beds
4 Baths
2,496 Sq Ft
$120 Price per Sq Ft

Highlights

  • Very Popular Property
  • Porch
  • Central Air
  • Open High School Rated A+
  • Bungalow
  • 3-minute walk to Thomas Square

About This Home

Fantastic Investment Opportunity Walkable to VCU! Don't miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood-just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond's best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond's most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.

Listing Agent

Carly Hancock

Motley's Auctions, Inc Listed on: 10/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,384

Year Built

  • Built in 1920 | Remodeled in 2025

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • Randolph Community
  • Wallace Manor Subdivision

Listing and Financial Details

  • Auction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,384

Year Built

Built in 1920 | Remodeled in 2025

Lot Details

0

Listing Details

  • ExteriorFence: Yes
  • ExteriorOpenPorch: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatFuelNaturalGas: Yes
  • HeatTypePump: Yes
  • IsNaturalGasAvailable: Yes
  • LandRentAmount: 0
  • Lot Size Acres: 0.14
  • Number Of Stories: 2
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Richmond
  • Prop. Type: Multi-Unit (2-4)
  • Renovation Year: 2025
  • ResidentialStyle: Bungalow
  • RoofMetal: Yes
  • SaleTypeAuction: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • Subdivision Name: Wallace Manor
  • USStateAbbreviation: VA
  • WaterSourceType: Community
  • Year Built: 1920
  • Special Features: 67
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2025

Interior Features

  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • Fireplaces: 0
  • AboveArea Sq Ft: 2496

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Community

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: RICHMOND CITY PBLC SCHS

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 6384

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $300,000 -- $120 / Sq Ft
Source: My State MLS

Source: My State MLS

MLS Number: 11599272

APN: W-000-0436-026

Virginia Richmond City County Richmond 23220 Randolph

1209 Wallace St, Richmond, VA

For Sale

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Carly Hancock
Listing Agent
Carly Hancock
Section Image
Motley's Auctions, Inc
(804) 465-9489