$879,950
$19K PRICE DROP

1701 W Leigh St Richmond, VA 23220

Midtown Richmond Neighborhood

Estimated payment $5,541/month

Total Views 8,886
-- Bed
-- Bath
3,627 Sq Ft
$243 Price per Sq Ft

Highlights

  • Corner Lot
  • Front Porch
  • Patio
  • Open High School Rated A+

About This Home

Prime Investment Opportunity in the Heart of VCU/Carver!
Don't miss this fully occupied triplex ideally situated just steps from VCU, great restaurants, shops, and entertainment. This property offers solid rental income and future development potential with additional land located at the rear of the lot.

Unit 3 (Upstairs): Spacious 3-bedroom, 2-bath unit featuring a private rooftop patio, washer/dryer hookups, and ample natural light.
Unit 2 (1st Floor Rear): Comfortable 2-bedroom, 1-bath layout with a functional floor plan.
Unit 1 (1st Floor Front): Bright and welcoming 2-bedroom, 1-bath unit with easy access.

All units are equipped with central air, electric stoves, and dishwashers.

Whether you're looking to expand your portfolio or explore new investment options, this is an exceptional opportunity, schedule your showing today!

Listing Agent

James Strum

Long & Foster REALTORS Brokerage Phone: (804) 432-3408 License #0225175558 Listed on: 06/04/2025

Long & Foster REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,064

Year Built

  • Built in 1844

Lot Details

  • 3,751 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,627 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Carver Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number N000-0827-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,064

Year Built

Built in 1844

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1844
  • Attribution Contact: (804) 432-3408
  • Lot Size Acres: 0.0861
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 275.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Living Area: 3627.0
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick
  • Patio And Porch Features: Rear Porch, Front Porch, Patio

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-0827-020
  • Zoning Description: R-6

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8064.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $8,868 $739,000 $403,000 $336,000
2024 $8,064 $672,000 $336,000 $336,000
2023 $7,824 $652,000 $316,000 $336,000
2022 $6,960 $580,000 $316,000 $264,000
2021 $3,744 $312,000 $75,000 $237,000
2020 $3,744 $312,000 $75,000 $237,000
2019 $3,600 $300,000 $75,000 $225,000
2018 $3,288 $274,000 $56,000 $218,000
2017 $3,216 $268,000 $40,000 $228,000
2016 $2,352 $268,000 $40,000 $228,000
2015 $1,392 $260,000 $40,000 $220,000
2014 $1,392 $260,000 $40,000 $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $879,950 -2.1% $243 / Sq Ft
06/04/2025 06/04/25 For Sale $899,000 +56.4% $248 / Sq Ft
12/22/2020 12/22/20 Sold $574,950 0.0% $159 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $574,950 +112.2% $159 / Sq Ft
03/04/2013 03/04/13 Sold $271,000 -9.3% $81 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $298,900 -- $89 / Sq Ft
Source: Central Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $574,950 Attorney
Warranty Deed $271,000 --
Warranty Deed -- --
Warranty Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,960 Credit Line Revolving
Source: Public Records

Source: Central Virginia Regional MLS

MLS Number: 2515020

Central Virginia Regional MLS

APN: N000-0827-020

Virginia Richmond City County Richmond 23220 Midtown Richmond

1701 W Leigh St, Richmond, VA

This home is located at 1701 W Leigh St, Richmond, VA 23220 and is currently priced at $879,950, approximately $242 per square foot. This property was built in 1844. 1701 W Leigh St is a home located in Richmond City with nearby schools including George W. Carver Elementary School, Albert Hill Middle, and Open 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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James Strum
Listing Agent
James Strum
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Long & Foster REALTORS
(804) 369-9133