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Malvern Gardens Home for Sale

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    $1,375,000

    Coming Soon
    • 5 Beds
    • 4 Baths
    • 4,003 Sq Ft

    4117 W Franklin St, Richmond, VA 23221

    Timeless Richmond charm meets thoughtful modern updates in this beautifully maintained brick Colonial, ideally situated on a corner lot along iconic, extra-wide West Franklin Street. Featuring a classic slate roof and four fully finished levels, this exceptional home offers generous living space, character, and move-in-ready convenience.The main level offers a gracious entryway and

    Danny Welsch Compass

    4117 W Franklin St, Richmond, VA 23221

Why Live in Malvern Gardens

Malvern Gardens is a highly sought-after neighborhood in Richmond’s West End known for its walkability, strong sense of community and proximity to top dining and schools. Housing options largely consist of homes built between the 1920s and 1950s, including Colonial Revival, Tudor Revival and Cape Cod styles, many with brick exteriors and slate roofs. While the architecture reflects the neighborhood’s historic character, most properties have been updated. Homeownership is prevalent, with a small number of rental apartments near I-195. Families are drawn to the area’s access to highly rated Richmond Public Schools, including walkable options like Mary Munford Elementary, Albert Hill Middle and Thomas Jefferson High School, which offers the International Baccalaureate program. The area is anchored by businesses on Lafayette Street, including Stella’s, Lafayette Tavern and Stella’s Grocery. Carytown is also nearby, providing more options for shopping, dining and entertainment. Bordered by Interstate 195 and Monument Avenue, Malvern Gardens offers convenient access to downtown Richmond and major job centers while maintaining a quiet, residential atmosphere.

Malvern Gardens, Richmond, VA Home Prices vs. Nearby Neighborhoods

Malvern Gardens Colonial Place Mary Munford Near West End
Median Home Price
$822,500
$654,475
$685,000
$775,000
Median Sale Price
$815,000
-4% YoY
$657,475
-17% YoY
$569,500
-5% YoY
$825,000
-6% YoY
Median Single Family Price
$817,500
$771,000
$885,500
$850,000
Median Condo Price
--
$310,000
$400,000
$339,975
Total Active Listings
1 listing
4 listings
3 listings
0 listings
Market Conditions
0 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market
0 Months of Supply
Seller's Market

Frequently Asked Questions

Is Malvern Gardens a good place to live?
Malvern Gardens is a good place to live. Malvern Gardens is considered somewhat walkable and bikeable with some transit options. Malvern Gardens is a suburban neighborhood. Malvern Gardens has 5 parks for recreational activities.It is somewhat dense in population with 10.0 people per acre and a median age of 39. The average household income is $151,350 which is above the national average. College graduates make up 78.4% of residents. A majority of residents in Malvern Gardens are home owners, with 32% of residents renting and 68% of residents owning their home. A local real estate agent serving Malvern Gardens can help you decide if this neighborhood is the right one for you. Learn more on our Malvern Gardens neighborhood guide.
How much do you need to make to afford a house in Malvern Gardens?
The median home price in Malvern Gardens is $822,500. If you put a 20% down payment of $164,500 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $4,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $181K a year to afford the median home price in Malvern Gardens. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Malvern Gardens is $151K.
What are the best public schools in Malvern Gardens?
The best public schools that serve Malvern Gardens are:
What are the best private schools in Malvern Gardens?
The best private schools that serve Malvern Gardens are:
What are the most popular zip codes in Malvern Gardens, Richmond, VA?
The most popular zip codes in Malvern Gardens, Richmond, VA include 23221, 23230, 23226, 23220 and 23227.
What are the most popular neighborhoods near Malvern Gardens, Richmond, VA?
The most popular neighborhoods near Malvern Gardens, Richmond, VA are Colonial Place, Willow Lawn, The Museum District, Westhampton and Scott’s Addition.
Are home prices dropping in Malvern Gardens?
Yes, home prices in Malvern Gardens are down 1% in the last 12 months.
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