2603 W Grace Street Richmond, VA $ 599,950
2603 W Grace Street
$ 599,950
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2603 W Grace Street

Richmond, VA, 23220
$ 599,950
Bedrooms-- Baths0.0 Sq 1,518

Monthly Estimate*

$ 4,144

2603 W Grace Street, Richmond, VA 23220 - Image 1
2603 W Grace Street, Richmond, VA 23220 - Image 2
2603 W Grace Street, Richmond, VA 23220 - Image 3
2603 W Grace Street, Richmond, VA 23220 - Image 4

Multi-Family Home for sale in Richmond, VA

for $599,950. This 1,518 square foot home was built in 1958 on a lot size of 0.1126.

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 space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

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Multi-Family Active

Price

$ 599,950

Property Type

Multi-Family

Taxes

$ 6,168

Style

Lot Size

0.1126

Year Built

1958

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2601767

Features
General
Interior Features Bedroom on Main Level
Sewer Public Sewer
Roof Metal Shingle
Appliances Gas Water Heater
Exterior Features Awning(s) Lighting Storage Shed
Patio/Porch Features Front Porch
Architectural Style Other
Construction Materials Brick Drywall Frame Plaster
Year Built 1958
Stories 1
Levels One
Property SubType Triplex
Tax Year 2024
Percent Ownership Individuals
County Richmond City
Property Type Residential Income
Subdivision Name None
Garage Y/N false
Full Baths 0
Status Active
High School Thomas Jefferson
Zoning Description R-48
NumberOfUnitsTotal 3
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N false
Elementary School Fox
Year Built Details Approximate
Tax Annual Amount 6168
Middle/Junior High School Dogwood
Days on Market 178
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 514000
Ownership Type Sole Proprietor
Property Sub Type Additional Triplex
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Interior
Total Stories 1
Basement (Y/N) false
Half Baths 0
Total Baths 0
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Exterior
Fencing None
Parking Features Alley Access Off Street
Water Source Public
Lot Size Area 0.1126
Lot Size Acres 0.1126
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* Excluded Features
List By
Bryan Boykin

Listing Agent

Era Woody Hogg & Assoc

Broker

BryanBoykin@erawoodyhogg.com

Email

Affordability Calculator

$4,658
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,144
Monthly Property Taxes
$514
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
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$599,950 -2.92% Price Down
1/21/2026$618,000 Listed Price

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2603 W Grace Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $599,950 with 1,518 sqft and a lot size of 0.1126. 2603 W Grace Street has 0.0 baths and was built in 1958. The property's zip code is 23220 which is in Richmond, VA