3530 E Richmond Rd Unit U11 Richmond, VA 23223
Oakwood NeighborhoodEstimated payment $870/month
Highlights
- Central Air
- Vinyl Flooring
- Heat Pump System
- Open High School Rated A+
About This Home
Income-producing townhomes in Richmond’s established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow.
Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. UNIT 3 available for showings; others occupied. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,164
Year Built
- Built in 1966
HOA Fees
- $122 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 692 Sq Ft Home
- 2-Story Property
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Chimborazo Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Community Details
- Villas Of Oakwood South Subdivision
Listing and Financial Details
- Assessor Parcel Number E000-1763-320
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,164 | $97,000 | $14,000 | $83,000 |
| 2024 | $1,032 | $86,000 | $14,000 | $72,000 |
| 2023 | $888 | $74,000 | $14,000 | $60,000 |
| 2022 | $792 | $66,000 | $14,000 | $52,000 |
| 2020 | $636 | $53,000 | $11,000 | $42,000 |
| 2019 | $494 | $55,000 | $15,000 | $40,000 |
| 2018 | $412 | $55,000 | $15,000 | $40,000 |
| 2017 | $850 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $125,000 | +81.2% | $181 / Sq Ft | |
| 12/02/2021 12/02/21 | Sold | $69,000 | 0.0% | $100 / Sq Ft | View Prior Sale |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- | |
| 10/18/2021 10/18/21 | For Sale | $69,000 | +24.9% | $100 / Sq Ft | |
| 06/26/2019 06/26/19 | Sold | $55,250 | -4.7% | $71 / Sq Ft | View Prior Sale |
| 04/22/2019 04/22/19 | Pending | -- | -- | -- | |
| 04/17/2019 04/17/19 | For Sale | $58,000 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Fidelity National Title | |
| Bargain Sale Deed | $72,000 | First American Title | |
| Warranty Deed | $282,250 | Bankers Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,750 | New Conventional | |
| Previous Owner | $360,000 | Construction | |
| Previous Owner | $225,800 | Commercial |
Source: Central Virginia Regional MLS
MLS Number: 2604616
APN: E000-1763-320
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Ask me questions while you tour the home.