$325,000
SOLD FEB 26, 2025

2403 3rd Ave Richmond, VA 23222

Chestnut Hill Neighborhood
-- Bed
-- Bath
2,100 Sq Ft
4,901 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

7% Below List Price

4 Days on Market

About This Home

As of February 2025

This charming duplex offers two spacious 2-bedroom, 1-bathroom apartments, each featuring original hardwood floors, tall ceilings, and timeless historic character. Modern comforts include central air, ensuring year-round comfort for tenants. The property also boasts a welcoming front porch—perfect for relaxing outdoors—and a shared backyard, offering additional space for residents to enjoy. Both units are fully leased and professionally managed, providing a seamless investment opportunity. The neighborhood is experiencing a renaissance of growth and revitalization, with ongoing renovations and new developments enhancing the area's appeal.

Last Agent to Sell the Property

Justin Sledd

One South Commercial LLC License #0225191850 Listed on: 02/13/2025

One South Commercial LLC

Last Buyer's Agent

Kellie Hogan

The Hogan Group Real Estate License #0225261254

The Hogan Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1926

Lot Details

  • 4,901 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property

Schools

  • Overby-Sheppard Elementary School
  • Henderson Middle School
  • John Marshall High School

Community Details

  • 2 Units
  • Chestnut Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number N000-0658-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1926
  • Lot Size Acres: 0.1125
  • Ownership: Individuals
  • Subdivision Name: Chestnut Hills
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 1050.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Living Area: 2100.0
  • Stories: 2

Exterior Features

  • Roof: Built-Up
  • Waterfront: No
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-0658-008
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2832.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Overby-Sheppard
  • High School: John Marshall

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $325,000 -7.1% $155 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $350,000 0.0% $167 / Sq Ft
10/01/2019 10/01/19 Rented $850 0.0% --
09/18/2019 09/18/19 For Rent $850 0.0% --
05/31/2019 05/31/19 Sold $165,000 0.0% $79 / Sq Ft View Prior Sale
04/25/2019 04/25/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $165,000 +46.0% $79 / Sq Ft
08/24/2016 08/24/16 Sold $113,000 -9.6% $54 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $125,000 0.0% $60 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $125,000 -- $60 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

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

    83 Total Sales

    Justin Sledd
    Section Image

  • K

    Buyer's Agent in 2025

    Kellie Hogan

    The Hogan Group Real Estate

    (804) 244-9911

    2 in this area

    13 Total Sales

    Kellie Hogan
    Section Image

  • B

    Seller's Agent in 2019

    Brant Harper

    Priority One Real Estate Inc

    (804) 869-6104

    13 Total Sales

    Brant Harper
    Section Image
  • Michael Latimer

    Seller's Agent in 2019

    Michael Latimer

    Commonwealth Real Estate Co

    (804) 516-2588

    27 Total Sales

    Michael Latimer
    Section Image

  • T

    Seller's Agent in 2016

    Tripp Hogg

    RAR Training Office

    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2503586

Central Virginia Regional MLS

APN: N-000-0658-008

Virginia Richmond City County Richmond 23222 Chestnut Hill

2403 3rd Ave, Richmond, VA

Sold

MultiFamily

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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