VA > Richmond
Richmond, VA 23220,1010 Park AVE
Richmond, VA 23220,1010 Park AVE
Richmond, VA 23220,1010 Park AVE
Richmond, VA 23220,1010 Park AVE
Richmond, VA 23220,1010 Park AVE
Richmond, VA 23220,1010 Park AVE
EXIT Realty Central
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009

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$ 1,500,000

$ 1,500,000

Est. payment | /mo

4,878 SqFt

$ 1,500,000

$ 1,500,000

Est. payment | /mo

4,878 SqFt

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,878 sqft

Price per Sqft $307

MLS Listing ID 2525664

Sold Date 10/30/25

Style Tri-Level

Construction Status Actual

HOA Y/N No

Year Built 1910

Annual Tax Amount $12,280

Tax Year 2025

Lot Size 2,700 Sqft

Acres 0.062

Property Sub-Type Quadruplex

Property Description

AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF THE FAN DISTRICT. Just steps from VCU, this updated 4 UNIT property spans 4,878 sqft and features a total of 10 bedrooms and 8 bedrooms. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a metal roof. The property is fully leased and generates a strong monthly income of $9,805 and has been owned for many years with 100% occupancy. With three dedicated parking spaces, high rental demand, and its unbeatable location near VCU, downtown, and major highways, this is a prime opportunity for investors or owner-occupants seeking both immediate cash flow and long-term appreciation. With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps from all of the amenities the FAN has to offer.

Location

State VA

County Richmond City

Area 10 - Richmond

Direction GPS

Rooms

Basement Full

Interior

Interior Features Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Cable TV, Wired for Data

Window Features Leaded Glass

Appliance Electric Water Heater

Laundry Washer Hookup, Dryer Hookup, Stacked

Exterior

Fence Fenced, Privacy

Roof Type Metal

Porch Deck, Front Porch

Garage No

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public

Architectural Style Tri-Level

Level or Stories Three Or More, Multi/Split

Structure Type Brick,Drywall

Construction Status Actual

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-0462-016

Ownership Individuals

Security Features Fire Sprinkler System

Financing Conventional

Central Virginia Regional MLS (CVR MLS)
Listed by The Mueller Group LLC
Bought with Real Broker LLC
EXIT Realty Central
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

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1010 Park AVE