1503 W Cary St Richmond, VA 23220
The Fan NeighborhoodEstimated payment $3,635/month
Highlights
- Deck
- Open High School Rated A+
- Level Lot
About This Home
Exceptional mixed-use opportunity at 1503 West Cary St, Richmond, VA 23220, perfectly suited for an owner-occupant or savvy investor. This triplex features a highly-visible commercial office space and two residential dwellings, all within walking distance of Virginia Commonwealth University (VCU). The property is nestled in a vibrant neighborhood with an abundance of local eateries and shops, including popular spots like The Daily Kitchen & Bar, Nate's Bagels and Carytown's eclectic mix of boutiques and restaurants. This prime location offers the perfect blend of residential comfort and commercial convenience, making it a truly unique and desirable asset. Seller is a licensed Real Estate Salesperson in Virginia. Agent has business interest in property. All information deemed reliable but not guaranteed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,464
Year Built
- Built in 1900
Lot Details
- 3,537 Sq Ft Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Frame Construction
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Crawl Space
Outdoor Features
- Deck
- Stoop
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Water Heater
Community Details
- 3 Units
- Gross Income $2,300
Listing and Financial Details
- Assessor Parcel Number W000-0603-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,980 | $415,000 | $253,000 | $162,000 |
| 2024 | $4,464 | $372,000 | $210,000 | $162,000 |
| 2023 | $3,996 | $333,000 | $203,000 | $130,000 |
| 2022 | $3,996 | $333,000 | $203,000 | $130,000 |
| 2021 | $3,636 | $303,000 | $185,000 | $118,000 |
| 2020 | $1,818 | $303,000 | $185,000 | $118,000 |
| 2019 | $1,680 | $280,000 | $168,000 | $112,000 |
| 2018 | $3,300 | $275,000 | $159,000 | $116,000 |
| 2017 | $2,916 | $243,000 | $124,000 | $119,000 |
| 2016 | $2,916 | $243,000 | $124,000 | $119,000 |
| 2015 | $2,028 | $174,000 | $55,000 | $119,000 |
| 2014 | $2,028 | $169,000 | $55,000 | $114,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $599,950 | +60.0% | $357 / Sq Ft |
| 01/26/2024 01/26/24 | Sold | $375,000 | -25.0% | $223 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | Price Changed | $499,950 | -8.9% | $298 / Sq Ft |
| 10/25/2023 10/25/23 | For Sale | $549,000 | -- | $327 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,090,000 | Old Republic National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Seller Take Back | |
| Open | $980,000 | New Conventional |
Source: Central Virginia Regional MLS
MLS Number: 2521837
APN: W000-0603-014
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.
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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