Seller's Agent in 2025
Justin Sledd
One South Commercial LLC
(804) 307-4060
2 in this area
81 Total Sales
2304 5th Ave Richmond, VA 23222
Chestnut Hill Neighborhood
--
Bed
--
Bath
2,068
Sq Ft
6,281
Sq Ft Lot
About This Home
As of May 2025Located in Richmond’s rapidly evolving North Highland Park neighborhood, 2304 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, with a total income of $2,565 per month in rental income. Residents enjoy modernized interiors with central air, in-unit washer/dryer, dishwashers, and updated finishes. Tenants cover all utilities, including water, trash, and electricity, ensuring low owner expenses. Off-street parking in the rear adds to the property’s appeal. With North Highland Park experiencing increased investment and revitalization, this asset benefits from the area's continued appreciation. Whether you're a seasoned investor or looking to expand your portfolio, 2304 5th Avenue offers stable cash flow in a city primed for sustained growth.
Last Agent to Sell the Property
One South Commercial LLC License #0225191850 Listed on: 03/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,868
Year Built
- Built in 2007
Lot Details
- 6,281 Sq Ft Lot
Home Design
- Duplex
- Built-Up Roof
- Wood Siding
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,068 Sq Ft Home
- 2-Story Property
- Crawl Space
Schools
- Overby-Sheppard Elementary School
- Henderson Middle School
- John Marshall High School
Community Details
- 2 Units
- Chestnut Hills Subdivision
Listing and Financial Details
- Tax Lot B32
- Assessor Parcel Number N000-0611-005
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $355,000 | -1.3% | $172 / Sq Ft | |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- | |
| 05/05/2025 05/05/25 | Price Changed | $359,500 | -4.1% | $174 / Sq Ft | |
| 04/15/2025 04/15/25 | Price Changed | $375,000 | -2.6% | $181 / Sq Ft | |
| 04/07/2025 04/07/25 | For Sale | $385,000 | 0.0% | $186 / Sq Ft | |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- | |
| 03/20/2025 03/20/25 | For Sale | $385,000 | +120.0% | $186 / Sq Ft | |
| 12/16/2019 12/16/19 | Sold | $175,000 | +6.1% | $85 / Sq Ft | View Prior Sale |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- | |
| 10/01/2019 10/01/19 | For Sale | $165,000 | +17.9% | $80 / Sq Ft | |
| 11/07/2014 11/07/14 | Sold | $139,900 | -58.6% | $68 / Sq Ft | View Prior Sale |
| 10/14/2014 10/14/14 | Pending | -- | -- | -- | |
| 04/11/2014 04/11/14 | For Sale | $337,800 | -- | $163 / Sq Ft |
Source: Central Virginia Regional MLS
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 | $3,000 | $250,000 | $66,000 | $184,000 |
| 2024 | $2,868 | $239,000 | $61,000 | $178,000 |
| 2023 | $2,868 | $239,000 | $61,000 | $178,000 |
| 2022 | $2,472 | $206,000 | $44,000 | $162,000 |
| 2020 | $2,244 | $187,000 | $34,000 | $153,000 |
| 2019 | $2,232 | $186,000 | $25,000 | $161,000 |
| 2018 | $2,172 | $181,000 | $25,000 | $156,000 |
| 2017 | $2,172 | $181,000 | $24,000 | $157,000 |
| 2016 | $2,100 | $175,000 | $24,000 | $151,000 |
| 2015 | $3,333 | $173,000 | $24,000 | $149,000 |
| 2014 | $3,333 | $178,000 | $24,000 | $154,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Sledd
-
Bilal Hosn
B
Buyer's Agent in 2025
Bilal Hosn
The Sasso Group
(804) 908-3292
1 in this area
43 Total Sales
-
Aaron Gilbert
Seller's Agent in 2019
Aaron Gilbert
BHHS PenFed (actual)
(804) 868-0080
1 in this area
237 Total Sales
-
Brant Harper
B
Buyer's Agent in 2019
Brant Harper
Priority One Real Estate Inc
(804) 869-6104
12 Total Sales
-
BJ Thornburg
Seller's Agent in 2014
BJ Thornburg
Real Broker LLC
(804) 243-6825
2 in this area
88 Total Sales
-
J
Buyer's Agent in 2014
Janice Carter-Lovejoy
Long & Foster
Map
Source: Central Virginia Regional MLS
MLS Number: 2507066
APN: N-000-0611-005
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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