1912 Parkwood Avenue Richmond, VA ^$ 450,000

1912 Parkwood Avenue

^$ 450,000

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1912 Parkwood Avenue

Richmond, VA, 23220

^$ 450,000

Studio Baths0.0 Sq 1,216

Monthly Estimate*

^$ 2,695

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Studio

Multi-Family Home for sale in Richmond, VA

for $450,000. This 1,216 square foot home was built in 1900 on a lot size of 0.0376.

Prime Investment Opportunity with Assumable VA Rate at 2.5% in The Heart of The Fan District! This fully rented duplex offers a unique chance to own in one of Richmond’s most desirable neighborhoods. Each unit features one bedroom and one full bathroom, with additional income potential from the detached garage that includes its own full bathroom. Situated just off Powhite Parkway, this property provides quick access to Downtown Richmond, while being within walking distance to popular restaurants like Bacchus, Hometeam, Fancy Biscuit, Goatocado, Jardin, and more. You’ll also enjoy close proximity to Byrd Park, Randolph Park, and the VCU campus. Schedule your showing today and seize this rare opportunity!

Multi-Family Pending

Price

^$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,916

Style

Two Story

Lot Size

0.0376

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2427174

Features

General

Interior Features GraniteCounters HighCeilings

Sewer PublicSewer

Roof Shingle Slate

Appliances ElectricWaterHeater

Garage Spaces 2.0

Patio/Porch Features Deck FrontPorch

Architectural Style TwoStory

Construction Materials Brick Concrete

Year Built 1900

View City

Stories 2

Levels Two

PropertySubType Duplex

Tax Year 2024

FULL Individuals

County Richmond City

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name None

Garage Y/N Y

Other Structures GarageApartment

Full Baths 0

Status Pending

High School Thomas Jefferson

Senior Community Y/N N

Zoning Description R-7

NumberOfUnitsTotal 3

MLS Area 10 - Richmond

Lot Size Units Acres

Waterfront Y/N N

Carport Y/N N

Electric On Property Y/N N

Elementary School Fox

Property Attached Y/N N

Year Built Details Approximate

Land Lease Y/N N

Tax Annual Amount 5916.0

Home Warranty Y/N N

Middle/Junior High School Dogwood

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Occupancy Type Tenant

Tax Assessed Value 493000

Ownership Type SoleProprietor

Property Sub Type Additional Duplex

Interior

Basement CrawlSpace DirtFloor

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Baths 0

Exterior

Fencing Fenced Full

Parking Features Detached Garage

Water Source Public

Lot Size Area 0.0376

Spa N

Lot Size Acres 0.0376

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Gary Martin

Listing Agent

Keeton & Co Real Estate

Broker

gary@gmartinproperties.com

Affordability Calculator

$3,188

Per Month

Monthly Principal & Interest: $2,695
Monthly Property Taxes: $493
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Richmond, VA

Average List Price ^$846,831

Percent of Sale Price 88%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

243578 Elementary School

4600795 Middle School

Thomas Jefferson High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/25/2024	$450,000		Listed Price

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1912 Parkwood Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $450,000 with 1,216 sqft and a lot size of 0.0376. 1912 Parkwood Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 23220 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/11/2024.

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1912 Parkwood Avenue

Multi-Family Home for sale in Richmond, VA

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