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Oakwood Multifamily Home for Sale

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    $329,950

    • 2,072 Sq Ft

    1619 Oakwood Ave, Richmond, VA 23223

    Step into Richmond’s history with this 1910 bungalow-style multi-family home located in the Oakwood–Chimborazo Historic District. This duplex features two open floor plan units making it ideal for investors, house-hackers, or those seeking a home with income potential. Inside, you’ll find spacious layouts with high ceilings, large windows, and timeless character ready for your personal touches.

    Saiyd Smith United Real Estate Richmond

    1619 Oakwood Ave, Richmond, VA 23223

Why Live in Oakwood

Oakwood, part of the Oakwood-Chimborazo Historic District in Richmond's East End, is a neighborhood rich in history and architectural charm. Developed in the late 1800s with the advent of trolley lines, it features a mix of Italianate, Queen Anne, and Victorian-inspired townhouses from the late 19th and early 20th centuries, as well as mid-1900s single-family homes. The area is known for its walkability and proximity to the vibrant Church Hill district, a hub for shopping and dining. Local highlights include Oakwood Playground, which offers a pirate-themed playground, sports fields, and a running path, and the historic Oakwood Cemetery, a popular spot for walking and exercise. Grocery shopping is convenient with The Market at 25th and ChimboMart nearby, while big box stores like Target and Walmart are about 3 miles away. Dining options include Alewife, Riverbend Roastery, and Soul N' Vinegar, each offering unique culinary experiences. Annual events in the nearby Church Hill area, such as the Church Hill Irish Festival and the Church Hill Spring Fest & Market, add to the community spirit. Oakwood is well-connected with major highways like I-95 and I-64, and public transit via GRTC buses. The neighborhood is safer than the national average, making it a practical choice for residents.

Home Trends in Oakwood, VA

Housing Trends

Median Sale Price
$242,500
Median Single Family Sale Price
$313,000
Median Townhouse Sale Price
$127,900
Median 2 Bedroom Sale Price
$110,000
Median 1 Bedroom Sale Price
$99,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
5
Last 12 months Home Sales
40
Months of Supply
1.50
Median List Price
$250,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
8%
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