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Midtown Richmond Multifamily Home for Sale

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    $879,950

    • 3,627 Sq Ft

    1701 W Leigh St, Richmond, VA 23220

    Prime Investment Opportunity in the Heart of VCU/Carver!Don't miss this fully occupied triplex ideally situated just steps from VCU, great restaurants, shops, and entertainment. This property offers solid rental income and future development potential with additional land located at the rear of the lot.Unit 3 (Upstairs): Spacious 3-bedroom, 2-bath unit featuring a private rooftop

    James Strum Long & Foster REALTORS

    1701 W Leigh St, Richmond, VA 23220

Why Live in Midtown Richmond

Midtown Richmond is a vibrant neighborhood in the heart of Richmond, bordered by the lively West Broad Street. This area offers a mix of restaurants, shops, and entertainment, contributing to its dynamic atmosphere. Recent redevelopment has introduced new dining options and condominium complexes. Residents enjoy the walkability and proximity to both downtown and the western parts of the city. Home styles include contemporary colonials and townhomes with distinctive features like tall windows and wide porches, alongside modern condominiums such as Todd Lofts and Cookie Factory Lofts. The neighborhood is bike-friendly, with lanes on West Leigh Street leading to local spots like Whole Foods, Movieland, and Scott's Addition. Families have access to Richmond Public Schools, with the highly rated Maggie L. Walker Governor's School as an option. Monroe Park and Bon Secours Park provide green spaces for recreation. Grocery shopping is convenient with Whole Foods and Aldi nearby, and dining ranges from Italian at Gersi to casual meals at City Diner. Entertainment options include Movieland, River City Roll, and The Broadberry for movies, bowling, and concerts. Sports fans can enjoy a Flying Squirrels game at The Diamond. The area's proximity to Virginia Commonwealth University (VCU) attracts students and employees. Public transportation is accessible via the GRTC Transit System, and Interstate 95 is nearby for commuting. The VCU Medical Center is 3 miles away, and Richmond International Airport is about 14 miles away. Midtown Richmond is safer than the national average, enhancing its appeal as a residential area.

Home Trends in Midtown Richmond, VA

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$285,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
0
Last 12 months Home Sales
3
Months of Supply
0.00
Median List Price
$309,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-23%
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