Ernie Chamberlain
Responds Quickly
Hometown Realty
(804) 676-6939
540 Total Sales
7 in Chestnut Hill
$60K - $468K Price Range
2304 5th Ave Richmond, VA 23222
Chestnut Hill Neighborhood
4
Beds
2
Baths
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
May 21, 2025
Sold by
Bought by
Seller's Agent
Justin Sledd
One South Commercial LLC
Buyer's Agent
Bilal Hosn
The Sasso Group
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%
Views
62
Purchase Details
Closed on
Dec 19, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 1, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Aaron Gilbert
BHHS PenFed Realty
Buyer's Agent
Brant Harper
Priority One Real Estate Inc
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2014
Closed on
Oct 24, 2014
Sold by
Bought by
Seller's Agent
BJ Thornburg
Real Broker LLC
Buyer's Agent
Janice Carter-Lovejoy
Long & Foster REALTORS
List Price
$337,800
Sold Price
$139,900
Premium/Discount to List
-$197,900
-58.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$800,000
Interest Rate
4.18%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 12, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chestnut Hill, VA
-
Ernie Chamberlain
-
Leah Coleman
Leah Coleman
ICON Realty Group, ERA Powered
(804) 709-3912
62 Total Sales
2 in Chestnut Hill
$360K - $380K Price Range
-
Chris Symeonides
Chris Symeonides
Fathom Realty
(804) 999-4866
88 Total Sales
1 in Chestnut Hill
$435,000 Price
-
Jasmine Douglas
Jasmine Douglas
Next Level Real Estate Group LLC
(804) 409-8485
90 Total Sales
1 in Chestnut Hill
$180,000 Price
-
James Nay
James Nay
River City Elite Properties - Real Broker
(804) 609-2378
1,114 Total Sales
7 in Chestnut Hill
$170K - $593K Price Range
-
Patricia Ray Barton
Patricia Ray Barton
Joyner Fine Properties
(804) 609-3780
123 Total Sales
1 in Chestnut Hill
$311,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $355,000 | Fidelity National Title | ||
| -- | -- | ||
| $175,000 | Attorney | ||
| $139,900 | -- | ||
| $4,000 | -- | ||
| $10,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $188,500 | ||
| Previous Owner | $131,250 | ||
| Previous Owner | $800,000 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,032 | $336,000 | $66,000 | $270,000 |
| 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
Seller's Agent in 2025
Justin Sledd
One South Commercial LLC
(804) 307-4060
2 in this area
79 Total Sales
-
Bilal Hosn
B
Buyer's Agent in 2025
Bilal Hosn
The Sasso Group
(804) 908-3292
1 in this area
55 Total Sales
-
Aaron Gilbert
Seller's Agent in 2019
Aaron Gilbert
BHHS PenFed (actual)
(804) 868-0080
223 Total Sales
-
Brant Harper
B
Buyer's Agent in 2019
Brant Harper
Priority One Real Estate Inc
(804) 869-6104
11 Total Sales
-
BJ Thornburg
Seller's Agent in 2014
BJ Thornburg
Real Broker LLC
(804) 243-6825
2 in this area
95 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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