3509 Park Avenue Richmond, VA $ 985,000
3509 Park Avenue
$ 985,000
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3509 Park Avenue

Richmond, VA, 23221
$ 985,000
Bedrooms-- Baths0.0 Sq 2,572

Monthly Estimate*

$ 6,803

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Multi-Family Home for sale in Richmond, VA

for $985,000. This 2,572 square foot home was built in 1958 on a lot size of 0.09.

Located in the heart of RVA’s highly sought-after Museum District — just a short walk to Carytown and Scott’s Addition — 3509 Park Avenue is a fully leased quadplex in an exceptional, walkable location. Unit 3 is currently vacant — owner occupants welcome to tour! Each of the four units offers 643 square feet of thoughtfully designed living space with 1 bedroom and 1 bath, appealing to today’s renters. All units feature modern kitchens with quartz countertops, white cabinetry, and stainless steel appliances, along with stylishly updated bathrooms. Tenants enjoy the convenience of in-unit laundry, efficient mini-split heating and cooling systems, and tankless gas water heaters in every apartment. Open kitchen-to-living room layouts create bright, functional spaces that maximize livability. Additional highlights include off-street parking and replacement vinyl windows throughout the property. With its prime location, strong walkability, and consistently updated interiors, this quadplex remains fully leased year-round, making it a turnkey, low-maintenance investment opportunity in one of Richmond’s most desirable neighborhoods.

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Multi-Family Active

Price

$ 985,000

Property Type

Multi-Family

Taxes

$ 7,704

Style

Lot Size

0.09

Year Built

1958

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2600636

Features
General
Interior Features Ceiling Fan(s) Eat-in Kitchen Solid Surface Counters
Sewer Public Sewer
Roof Shingle
Appliances Gas Water Heater Tankless Water Heater
Exterior Features Unpaved Driveway
Architectural Style Two Story
Construction Materials Brick
Year Built 1958
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2024
Percent Ownership Individuals
Gross Income 5870
County Richmond City
Property Type Residential Income
Subdivision Name None
Garage Y/N false
Full Baths 0
Status Active
Directions Use GPS please.
High School Thomas Jefferson
Zoning Description R-48
NumberOfUnitsTotal 4
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N false
Elementary School Lois-Harrison Jones
Year Built Details Actual
Tax Annual Amount 7704
Middle/Junior High School Albert Hill
Days on Market 63
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 672000
Tax Lot 13
Ownership Type Sole Proprietor
Property Sub Type Additional Quadruplex
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Interior
Basement Crawl Space
Total Stories 2
Basement (Y/N) false
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup Stacked
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway Off Street Unpaved
Water Source Public
Lot Size Area 0.09
Lot Size Acres 0.09
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* Excluded Features
List By
Ernie Chamberlain

Listing Agent

Hometown Realty

Broker

echamberlain@htrsi.com

Email

Affordability Calculator

$7,445
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,803
Monthly Property Taxes
$642
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4600982 Elementary School
243371 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$985,000 Listed Price

Map


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3509 Park Avenue, Richmond, VA, 23221 is a Multi-Family Home for sale at $985,000 with 2,572 sqft and a lot size of 0.09. 3509 Park Avenue has 0.0 baths and was built in 1958. The property's zip code is 23221 which is in Richmond, VA