NOT LISTED FOR SALE
4 Beds
-- Bath
2,000 Sq Ft
5,393 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $580,000 $290 Per Sq Ft

8 Days on Market

Highlights

  • Main Floor Bedroom
  • High Ceiling
  • Balcony
  • Open High School Rated A+
  • Solid Surface Countertops
  • Rear Porch

About This Home

As of November 2024

Wonderful opportunity for an income property is here-A duplex with gracious open floor plans, located on one of Richmond's notable streets. Residents can relax on the classic front sitting porch or enjoy the rear porch and deck, ideal spots for soaking in the neighborhood ambiance. Each unit opens up to a spacious open living room, kitchen with massive bedroom with a bonus space perfect for home offices! Two off-street parking spots and laundry in each unit. Private fenced in communal back yard wraps up this lovely property. Recent updates include a renovated kitchen in the upstairs unit (2023), and the roof only being 10-12 years old. The Museum District is renowned for its vibrant community, historic architecture, and proximity to a variety of museums, parks, and local shops, making it an attractive location for both residents and tenants alike. Don’t miss out on this fabulous opportunity to own a duplex in one of Richmond's most desirable neighborhoods.

Last Agent to Sell the Property

Alexis Thompson

River Fox Realty License #0225215948 Listed on: 09/30/2024

Last Buyer's Agent

Timea Harisova

Snipes Properties License #0225196582

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1918

Lot Details

  • 5,393 Sq Ft Lot
  • Property fronts an alley
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Frame Construction
  • Asbestos Siding
  • Plaster

Interior Spaces

  • Main Floor Bedroom
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rear Porch

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W000-1408-041

Community Details

Overview

  • 2 Units
  • The community has rules related to allowing corporate owners

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,036

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1918
  • Lot Size Acres: 0.1238
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Water Heater
  • Basement YN: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Main Level Primary, Solid Surface Counters, Wired for Data
  • Living Area: 2000.0
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Level
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Asbestos, Frame, Plaster
  • Patio And Porch Features: Balcony, Rear Porch

Garage/Parking

  • Parking Features: Alley Access, Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1408-041
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6036.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/04/2024 11/04/24 Sold $580,000 +5.5% $290 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $550,000 -- $275 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $6,036 $525,000 $230,000 $295,000
2024 $6,036 $503,000 $225,000 $278,000
2023 $5,424 $452,000 $200,000 $252,000
2022 $4,716 $393,000 $150,000 $243,000
2020 $6,041 $320,000 $115,000 $205,000
2019 $5,605 $297,000 $115,000 $182,000
2018 $3,288 $274,000 $115,000 $159,000
2017 $3,276 $273,000 $105,000 $168,000
2016 $3,168 $264,000 $100,000 $164,000
2015 $4,569 $262,000 $100,000 $162,000
2014 $4,569 $244,000 $100,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2425633

Central Virginia Regional MLS

APN: W-000-1408-041