$599,000
OPEN FRI 12PM - 3PM

3425 W Franklin St Richmond, VA 23221

The Museum District Neighborhood

Estimated payment $3,696/month

Total Views 75
-- Bed
-- Bath
1,906 Sq Ft
$314 Price per Sq Ft

Highlights

  • 0.19 Acre Lot
  • Colonial Architecture
  • Corner Lot
  • Open High School Rated A+

About This Home

Outstanding all-brick duplex in the heart of the coveted Museum District! This well-maintained property sits proudly on a large corner lot and offers an exceptional opportunity for both owner-occupants and savvy investors. The building is fully rented with amazing long-term tenants who would love to stay, providing immediate stability and strong cash flow. Each spacious apartment features 2 bedrooms and 1 full bath, separate utilities, and a consistent rental history—currently renting for approximately $1,500 per month per unit. With solid income and separate metering, the property cash flows with a conventional mortgage at today’s rates and list price, making it a rare turnkey investment in one of Richmond’s most desirable, walkable neighborhoods. All-brick construction, classic charm, and unbeatable proximity to museums, restaurants, Carytown, breweries, parks, and major commuter routes ensure ongoing tenant demand. Whether you’re expanding your portfolio or looking to live in one unit while renting the other, this duplex offers the perfect blend of stability, location, and long-term upside. Don’t miss this incredible Museum District opportunity!

Listing Agent

Katherine Hawks

The Steele Group License #0225196082 Listed on: 11/17/2025

The Steele Group

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1951

Lot Details

  • 8,398 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Schools

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number W000-1620-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1951
  • Lot Size Acres: 0.1928
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Living Area: 1906.0
  • Stories: 2

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Dead End, Level
  • Waterfront: No
  • Construction Type: Brick, Block
  • Exterior Features: Out Building(s)
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1620-006
  • Zoning Description: R-6

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6468.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Map

Range of Values:

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Average Value
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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
11/17/2025 11/17/25 For Sale $599,000 0.0% $314 / Sq Ft
07/26/2022 07/26/22 Rented $1,445 0.0% --
06/21/2022 06/21/22 For Rent $1,445 -- --
Source: Central Virginia Regional MLS

Source: Central Virginia Regional MLS

MLS Number: 2531089

Central Virginia Regional MLS

APN: W-000-1620-006

Virginia Richmond City County Richmond 23221 The Museum District

3425 W Franklin St, Richmond, VA

For Sale

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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Katherine Hawks
Listing Agent
Katherine Hawks
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The Steele Group
(804) 689-3572