$155,000

1903 4th St Richlands, VA 24641

Estimated payment $905/month

Total Views 2,972
3 Beds
2 Baths
1,056 Sq Ft
$147 Price per Sq Ft

Highlights

  • Hot Property
  • Newly Painted Property
  • Garden
  • Mature Trees
  • Tile Flooring
  • Central Air

About This Home

Very well maintained investment property with tenants in place located on the corner of Allegheny and Fourth Street in the Brooklyn Section of Richlands VA. Unit #1 is an updated 1973 Doublewide home with two bedrooms, 2 full baths, large living room with propane fireplace, dining room, kitchen and breakfast nook. Newer carpets and floor covering throughout as well as some updated kitchen cabinetry. This home has a covered front porch and a large rear covered back patio. Heating and cooling with an electric heat pump. Unit #2 is a second story apartment over a full basement, with 1 bedroom, 1 bath, an eat in kitchen, nice side deck, and an above grade basement that could be used for storage. Hardwood flooring in bedroom and living room, vinyl in kitchen and bath. Unit 2 is heated with a propane wall heater. Age of Unit 2 is unknown. Large level corner fenced lot. Great investment opportunity with excellent tenants in place.

Listing Agent

Ramona Simmons

Fortune Realty of Richlands Brokerage Phone: 2769646507 License #0225058750 Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $739

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 127 x 120 x 129 x 122
  • Fenced
  • Mature Trees
  • Garden

Home Design

  • Newly Painted Property
  • Block Foundation
  • Shingle Roof
  • Tin Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Ceiling Fan
  • Free Standing Fireplace
  • Ventless Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Outbuilding
  • Rain Gutters

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 28-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$739

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 127 x 120 x 129 x 122
  • Subdivision Name: None
  • Directions: Highway 19/460 at Claypool Hill, take 460 W. Take the second Richlands exit (Richlands/Jewell Ridge), turn L onto Railroad Ave (Rt 67). Follow Railroad Ave, at light turn right onto Second St. Take first Right onto Allegheny. Property is straight ahead, the corner of Allegheny and Fourth St.
  • Above Grade Finished Sq Ft: 1056
  • Structure Type: Other-See Remarks
  • Year Built: 1973
  • Attribution Contact: 2769646507
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Washer, Dryer, Electric Water Heater, 1 Bdrm-Washer/Dryer, 2 Bdrm-Washer/Dryer, 1 Bdrm-Stove, 2 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1056
  • Fireplace Features: Free Standing, Gas Log, Ventless, Other
  • Fireplace: Yes
  • Flooring: Carpet, Newer Floor Covering, Tile, Vinyl, Wood Floors
  • Interior Amenities: Ceiling Fan(s), Newer Paint, Other
  • Living Area: 1056
  • Window Features: Insulated Windows, Vinyl

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Metal Siding
  • Exterior Features: Rain Gutters, Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Shingle, Tin

Utilities

  • Laundry Features: In Basement, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air,None, 2 Bdrm-Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Propane
  • Water Source: Public

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Zoning: R2
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 739.44
  • Tax Lot: 28-32
  • Tax Map Number: 105-A5-07-4B 0028-0032
  • Tax Year: 2025

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

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $155,000 -- $147 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

About the Listing Agent

Ramona Simmons

Fortune Realty of Richlands

(276) 400-9755

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I am the Broker/Owner of Fortune Realty of Richlands. I have been actively working with both buyers and sellers in Southwestern Virginia for over 20 years. My office is located in the Wardell Community of Tazewell County and my firm offers a team of experienced Realtors that covered several counties west of Roanoke. We enjoy meeting folks and helping them through the process of both buying and selling. My office is professional staffed with a live person that will answer your calls during

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Source: Southwest Virginia Association of REALTORS®

MLS Number: 103133

APN: 105A507480028-0032