$1,500,000
$1,500,000
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4,878 SqFt
SOLD DATE : 10/30/2025
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
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