NOT LISTED FOR SALE

516 W Clay St Richmond, VA 23220

Jackson Ward Neighborhood
3 Beds
-- Bath
2,662 Sq Ft
2,095 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $415,000 $156 Per Sq Ft

2 Days on Market

Highlights

  • City View
  • Colonial Architecture
  • High Ceiling
  • Open High School Rated A+
  • Deck
  • Granite Countertops

About This Home

As of August 2020

HISTORIC JACKSON WARD DUPLEX close to VCU campus. Both units have full kitchens with granite counter tops with all appliances, : 3-4-bedroom, 1.5-bathroom apartment upstairs; and a 2-3-bedroom, 1-bathroom apartment downstairs. Located on historic West Clay Street, this listing features brick construction, hardwood/laminate floors, gas heat, front porch, rear deck and basement for the lower apartment. Each apartment also includes in-unit washer and dryer. This duplex is a perfect opportunity for an investor. Renters pay electric. Owner pays gas & water/sewer/trash. Copies of 2019-20 bills under supplements. 2018-19 improvements- painting, new replacement windows throughout except for front windows, roof. Brand new lease for upstairs unit at $1430/Monthly and downstairs unit advertised at $1530/monthly. Total gross rent = $17,160 + $18,360 = $35,520. Property is being sold as is and all inspections are for information purposes only. Please include “AS IS” Addendum with all offers. All information deemed reliable but should be verified by purchaser or purchaser’s agent. Chimney, Flue & Fireplaces also convey "as is".

Last Agent to Sell the Property

Jenny Lowenstein

Lowenstein Realty LLC License #0225206281 Listed on: 07/10/2020

Last Buyer's Agent

Kristin Krupp

Shaheen Ruth Martin & Fonville License #0225082544

Shaheen Ruth Martin & Fonville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1900

Lot Details

  • 2,095 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Plaster

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Thermal Windows
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Carver Elementary School
  • Albert Hill Middle School
  • Armstrong High School

Utilities

  • Water Heater

Community Details

  • 2 Units
  • Gross Income $35,520

Listing and Financial Details

  • Assessor Parcel Number N000-0242-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Lot Size Acres: 0.0481
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 665.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings
  • Living Area: 2662.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Roof: Metal
  • Fencing: Fenced, Partial
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Mixed, Plaster
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-0242-022
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 35520.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2652.0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Carver
  • High School: Armstrong

Range of Values:

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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 Change Sq Ft Price
08/26/2020 08/26/20 Sold $415,000 0.0% $156 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $415,000 -- $156 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jenny Lowenstein

    Lowenstein Realty LLC

    (804) 921-7849

    1 in this area

    24 Total Sales

    Jenny Lowenstein
    Section Image
  • Kristin Krupp

    Buyer's Agent in 2020

    Kristin Krupp

    Shaheen Ruth Martin & Fonville

    (804) 873-8782

    1 in this area

    225 Total Sales

    Kristin Krupp
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2019111

Central Virginia Regional MLS

APN: N-000-0242-022

Virginia Richmond City County Richmond 23220 Jackson Ward

516 W Clay St, Richmond, VA

This home is located at 516 W Clay St, Richmond, VA 23220 since 10 July 2020. This property was built in 1900. 516 W Clay St is a home located in Richmond City with nearby schools including George W. Carver Elementary School, Albert Hill Middle, and Open High School.

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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