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Cofer Home for Sale

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    $199,950

    • 3 Beds
    • 1 Bath
    • 916 Sq Ft

    3116 Maurice Ave, Richmond, VA 23224

    Investor Special in the rapidly growing 23224 zip code! This ranch offers tremendous potential for a full renovation project, or anyone looking to add value in a high-demand area of Southside Richmond. This is an opportunity to transform this property into a profitable investment. Cash, hard money, or renovation financing only. Property is sold strictly AS-IS. Only the larger shed conveys (small

    Carol Bynum VA Choice Real Estate LLC

    3116 Maurice Ave, Richmond, VA 23224

Why Live in Cofer

Cofer, a small suburban neighborhood in Richmond, is situated just south of downtown across the James River. The area is undergoing residential redevelopment, with mid-century ranch-style homes and Cape Cods featuring large front windows and gabled dormers. These homes often come with one-car driveways, modestly sized gated front yards, and mature oak trees providing backyard privacy. Cofer's location offers convenient access to Forest Hill Park, a 105-acre space where residents enjoy picnics, dog walks, and the South of the James Market every weekend. Belle Isle on the James River is another popular spot for swimming and sunbathing, especially during summer. The neighborhood is a short 4-mile drive from downtown Richmond and Virginia Commonwealth University, with Richmond International Airport 13.5 miles away. Public transport is accessible via free Pulse bus stops along Hull Street Road. Dining options include Taco Bar on Broad Rock Boulevard and Crafty Crab on Hull Street Road, known for its seafood boil. For groceries and retail, Southside Plaza offers a Super Fresh grocery store and various retailers. Cofer presents significant investment opportunities, with homes selling quickly due to the ongoing redevelopment and attractive mid-century architecture.

Frequently Asked Questions

Is Cofer a good place to live?
Cofer is a good place to live. Cofer is considered car-dependent and bikeable with some transit options. Cofer is a suburban neighborhood. Cofer has 6 parks for recreational activities. It is somewhat dense in population with 10.4 people per acre and a median age of 44. The average household income is $53,418 which is below the national average. College graduates make up 8.8% of residents. A majority of residents in Cofer are renters, with 73.7% of residents renting and 26.3% of residents owning their home. A local real estate agent serving Cofer can help you decide if this neighborhood is the right one for you. Learn more on our Cofer neighborhood guide.
Is Cofer, VA a safe neighborhood?
Cofer, VA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Cofer?
The median home price in Cofer is $229,000. If you put a 20% down payment of $45,800 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Cofer. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Cofer is $53K.
What are the best public schools in Cofer?
The best public schools that serve Cofer are:
What are the best private schools in Cofer?
The best private schools that serve Cofer are:
What are the most popular zip codes in Cofer, Richmond, VA?
The most popular zip codes in Cofer, Richmond, VA include 23224, 23234, 23225, 23231 and 23220.
What are the most popular neighborhoods near Cofer, Richmond, VA?
The most popular neighborhoods near Cofer, Richmond, VA are McGuire, Broad Rock, Bellemeade, Swansboro West and Swansboro.

Home Trends in Cofer, VA

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$220,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
1
Last 12 months Home Sales
12
Months of Supply
1.00
Median List Price
$229,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
22%
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