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The Fan Multifamily Homes & Duplexes for Sale

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  • /50

    $899,950

    • 3,401 Sq Ft

    1501 W Cary St, Richmond, VA 23220

    A truly unique mixed-use opportunity awaits just blocks from Virginia Commonwealth University (VCU) at 1501 W Cary St. This property boasts two newly renovated residential units, offering a prime location for students or professionals seeking a vibrant urban lifestyle. The ground floor presents two distinct commercial spaces. One is a well-appointed office ready for immediate use, with the

    Jordan Scroggins Exit First Realty

    1501 W Cary St, Richmond, VA 23220
  • /31

    $599,950

    • 1,680 Sq Ft

    1503 W Cary St, Richmond, VA 23220

    Exceptional mixed-use opportunity at 1503 West Cary St, Richmond, VA 23220, perfectly suited for an owner-occupant or savvy investor. This triplex features a highly-visible commercial office space and two residential dwellings, all within walking distance of Virginia Commonwealth University (VCU). The property is nestled in a vibrant neighborhood with an abundance of local eateries and shops,

    Jordan Scroggins Exit First Realty

    1503 W Cary St, Richmond, VA 23220
  • /33

    $649,000

    • 1,866 Sq Ft

    1320 W Main St, Richmond, VA 23220

    Offered for sale in the heart of Richmond’s Fan District, this versatile 2 story mixed-use duplex presents a rare opportunity for an owner occupant or investor. Located on an elevated site on high visibility W Main Street just steps from VCU, the property totals just under 2,000 square feet and is currently configured as a ground-floor office with a residential apartment above. With flexible

    Justin Sledd One South Commercial LLC

    1320 W Main St, Richmond, VA 23220
  • /41

    $899,000

    • 3,308 Sq Ft

    2024 Park Ave, Richmond, VA 23220

    The inviting brick porch welcomes you to 2024 Park Avenue. This unique, lovingly maintained Duplex is located in the heart of The Fan within easy walking distance to neighborhood restaurants, parks, museums, VCU and Carytown. This home backs up to historic Monument Avenue separated by a cobble stoned rear alley. One unit was present and past owner-occupied for almost 40 years. Both units have

    Louise Freedman Long & Foster REALTORS

    2024 Park Ave, Richmond, VA 23220
  • /8

    $565,000

    • 1,230 Sq Ft

    2227 Park Ave, Richmond, VA 23220

    Amazing opportunity to own a mixed-use Fan building where the beautiful homes of Park Ave. meet the fun and dynamic shops and cafes of Strawberry Street. Upstairs is what must be one of cutest light-filled apartments in town. Current owner uses the space as an Airbnb and is bringing in about $2500-$3000 per month. However, this space has additional flexibility for use as a primary residence,

    George Cumming Long & Foster REALTORS

    2227 Park Ave, Richmond, VA 23220
  • /20

    $879,000

    • 3,504 Sq Ft

    1908 Parkwood Ave, Richmond, VA 23220

    Located in the heart of Richmond’s historic Fan District, this purpose-built quadplex offers an exceptional investment opportunity in one of the city’s most desirable neighborhoods. Each of the four spacious two bedroom units features central air, updated kitchens, in-unit washer/dryer, and off-street parking — a rare amenity in the Fan. Recent capital improvements enhance both tenant

    Justin Sledd One South Commercial LLC

    1908 Parkwood Ave, Richmond, VA 23220
  • /28

    $875,000

    • 2,400 Sq Ft

    408 N Robinson St, Richmond, VA 23220

    Don't miss out on the rare opportunity to own a modern duplex in Richmond's vibrant Fan District! Constructed in 2016, this 2,400 sq ft property features two spacious apartments, each with 3 bedrooms and 2 baths. These units are equipped with contemporary conveniences, including tankless water heaters, central air, washers/dryers, refrigerators, gas stoves, microwaves, granite countertops, and

    Phillip Skaggs Maison Real Estate Boutique

    408 N Robinson St, Richmond, VA 23220
  • /50

    $875,000

    • 3,454 Sq Ft

    1714 Hanover Ave, Richmond, VA 23220

    A prime location in the heart of The Fan and an incredible investment opportunity is waiting at 1714 Hanover Ave! This all brick multi-family home offers lots of old world charm that’s true to the neighborhood. The first floor unit is fully occupied at $2,700/month and boasts 3-4 bedrooms (one area is a flex space, but works as a bedroom) and 1 bath, original pine floors, exposed brick, tall

    Matt Jarreau Hometown Realty

    1714 Hanover Ave, Richmond, VA 23220
  • /4

    $585,000

    • 1,518 Sq Ft

    2603 W Grace St, Richmond, VA 23220

    Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office

    Bryan Boykin ERA Woody Hogg & Assoc

    2603 W Grace St, Richmond, VA 23220

Why Live in The Fan

The Fan neighborhood in Richmond, Virginia, is a historic area influenced by the City Beautiful movement, characterized by its orderly architectural designs and public green spaces. Monument Avenue, with its grassy medians and historic mansions, is a notable feature, though it has a complex history tied to Confederate statues, which were removed in 2021. The neighborhood offers a variety of dining options, with local favorites like Joe’s Inn, Kuba Kuba, and Bacchus lining Main and Cary streets. Shopping is convenient with nearby Carytown providing grocery stores and boutique shops. For medical needs, residents have access to the Retreat Doctor’s Hospital within the neighborhood and VCU Medical Center about 2 miles away. The Fan is home to several parks, including Monroe Park, Scuffletown Park, and Meadow Park, all within walking distance for residents. The area also supports a vibrant arts scene, with local galleries, murals, and venues like The Altria and The Camel hosting performances. The Virginia Museum of Fine Arts and the Virginia Museum of History and Culture are nearby cultural landmarks. The Fan District Association organizes community events such as the Holiday House Tour and the Kitchen and Garden Tour. The neighborhood is zoned for Richmond Public Schools, with students attending William Fox Elementary, currently relocated to Clark Springs Elementary, and the highly rated Maggie L. Walker Governor’s School for Government and International Studies. Homes in The Fan range from Queen Annes to Craftsman-style properties, creating a cohesive yet unique streetscape.

Home Trends in The Fan, VA

Housing Trends

Median Sale Price
$409,900
Median Single Family Sale Price
$465,000
Median Townhouse Sale Price
$476,786
Median 2 Bedroom Sale Price
$820,000
Median 1 Bedroom Sale Price
$260,000
Average Price Per Sq Ft
$259
Number of Homes for Sale
15
Last 12 months Home Sales
304
Months of Supply
0.60
Median List Price
$449,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
11%
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