2227 Park Ave Richmond, VA 23220
The Fan NeighborhoodEstimated payment $3,343/month
Highlights
- High Ceiling
- Eat-In Kitchen
- Dining Area
- Open High School Rated A+
- Zero Lot Line
- 1-minute walk to Scuffletown Park
About This Home
Rare opportunity to own an iconic Fan Corner Storefront with a bright, sunny apartment above. This mixed-use commercial and residential property perfectly bridges the charming Park Ave. homes with the lively shops and cafes of Strawberry Street. A reliable commercial tenant with a lease through August 2028 brings in steady income of $1,440 per month, while the second floor operates as an Airbnb earning between $2,000 and $4,500 monthly. The upstairs space could serve as a primary home, long-term rental, home office, or the ultimate Fan pied-à-terre. Tall glass storefront windows and a metal tray ceiling hint at endless retail potential. In real estate, location is everything—and this one can't be beat.
Listing Agent
Long & Foster REALTORS Brokerage Phone: (804) 334-2251 License #0225068456 Listed on: 03/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,712
Year Built
- Built in 1915
Lot Details
- 1,159 Sq Ft Lot
- Irregular Lot
- Zero Lot Line
Parking
- No Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,230 Sq Ft Home
- 2-Story Property
- High Ceiling
- Dining Area
- Eat-In Kitchen
- Dryer Hookup
Schools
- Fox Elementary School
- Dogwood Middle School
- John Marshall High School
Utilities
- Water Heater
Community Details
- 2 Units
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Assessor Parcel Number W000-1004-001
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 | $5,712 | $476,000 | $260,000 | $216,000 |
| 2024 | $5,712 | $476,000 | $260,000 | $216,000 |
| 2023 | $4,032 | $336,000 | $160,000 | $176,000 |
| 2022 | $4,032 | $336,000 | $160,000 | $176,000 |
| 2020 | $3,768 | $314,000 | $138,000 | $176,000 |
| 2019 | $3,768 | $314,000 | $138,000 | $176,000 |
| 2018 | $3,768 | $314,000 | $138,000 | $176,000 |
| 2017 | $3,768 | $314,000 | $138,000 | $176,000 |
| 2016 | $3,768 | $314,000 | $80,000 | $234,000 |
| 2015 | $3,480 | $299,000 | $80,000 | $219,000 |
| 2014 | $3,480 | $290,000 | $80,000 | $210,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $545,000 | +13.5% | $443 / Sq Ft | |
| 07/22/2022 07/22/22 | Sold | $480,000 | -12.7% | $390 / Sq Ft | View Prior Sale |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- | |
| 04/25/2022 04/25/22 | For Sale | $550,000 | 0.0% | $447 / Sq Ft | |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- | |
| 04/04/2022 04/04/22 | For Sale | $550,000 | +83.3% | $447 / Sq Ft | |
| 09/05/2012 09/05/12 | Sold | $300,000 | -7.7% | $244 / Sq Ft | View Prior Sale |
| 07/06/2012 07/06/12 | Pending | -- | -- | -- | |
| 04/05/2012 04/05/12 | For Sale | $325,000 | -- | $264 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $480,000 | Old Republic National Title | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $229,000 | -- | |
| Warranty Deed | $225,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Previous Owner | $218,400 | Construction | |
| Previous Owner | $183,200 | Construction |
Source: Central Virginia Regional MLS
MLS Number: 2607003
APN: W000-1004-001
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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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