316 S Laurel Street
Richmond, VA, 23220 $ 447,500
Bedrooms3 Baths2.1 Sq 2,640 Monthly Estimate*
$ 3,091
for $447,500 with 3 bedrooms and 2 full baths, 1 half bath. This 2,640 square foot home was built in 1910 on a lot size of 0.0643.
Ideally located just a short walk from VCU and downtown, this home is priced to sell quickly by a motivated seller. This inviting 3-bedroom, 2.5-bath home is located in historic Oregon Hill, just minutes from VCU, the James River, the Downtown Expressway, and Richmond’s vibrant dining and business districts. It combines city convenience with close access to schools, libraries, museums, parks, trails, sidewalks, bike routes, restaurants, and more. Whether you’re searching for a primary residence or an investment opportunity, this property offers excellent flexibility and value. Original pine floors preserve its historic charm, while multiple flex rooms provide options for offices, guest rooms, hobby areas, or additional sleeping space. The kitchen features stainless steel appliances, a tile backsplash, and a cozy eat-in area. A walk-out basement with a full bath adds flexible living space that can serve as a private bedroom, guest suite, family room, or recreation area. Upstairs, you’ll find two generously sized bedrooms, including a primary bedroom with a walk-in closet. An updated hall bath and conveniently located washer and dryer complete the second level. The large fenced backyard offers a private and peaceful outdoor retreat in the middle of the city. The roof resurfaced on 3/17/26 and the hot water heater was replaced on 12/7/23. Water heater is gas. the entire line from meter into the house was replaced around October 2019. HVAC was just serviced. It’s old but running fine. The property is currently occupied, with the tenant expected to move out soon. The owner will provide a rough clean-up before closing. Don’t miss this opportunity to own a hidden gem in one of Richmond’s most desirable and walkable neighborhoods. Schedule your showing today to explore all this property has to offer.
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FeaturesGeneralInterior Features Bookcases Built-in Features Ceiling Fan(s) Separate/Formal Dining Room High Ceilings Walk-In Closet(s)
Sewer Public Sewer
Heating Forced Air Heat Pump Multi-Fuel
Cooling Heat Pump
Possession Close Of Escrow
Roof Asphalt Metal
Appliances Gas Water Heater
Patio/Porch Features Deck Front Porch
Architectural Style Row House Two Story
Pool Features None
Construction Materials Brick Frame
Year Built 1910
Stories 3
Levels Three Or More
Property SubType Single Family Residence
Tax Year 2025
Percent Ownership Individuals
County Richmond City
New Construction false
Property Type Residential
Subdivision Name None
Garage Y/N false
Total Rooms 7
Full Baths 2
Status Active
Directions Cary St east to right on S. Laurel
High School Thomas Jefferson
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N false
Elementary School Fox
Year Built Details Renovated
Tax Annual Amount 5436
Middle/Junior High School Dogwood
Property Condition Resale
Days on Market 94
Structure Type Townhouse
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 453000
Ownership Type Sole Proprietor
Property Sub Type Additional Single Family Residence
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InteriorBasement Full Finished Walk-Out Access
Flooring Concrete Ceramic Tile Wood
Total Fireplaces 3
Fireplace Features Masonry Wood Burning
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N true
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 880
Total Baths 3
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ExteriorFencing Back Yard Fenced Privacy
Parking Features No Garage On Street
Water Source Public
Lot Size Area 0.0643
Lot Size Acres 0.0643
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* Excluded FeaturesList ByChristine LiListing Agent
United Real Estate RichmondBroker
christine@fangva.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,091
- Monthly Property Taxes
- $453
- 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.
Learn more about how to save NearbySingle family listings in Richmond, VA
Average List Price $520,860
Percent of Sale Price 16%
About Richmond, VA 228,048 Population
15% Since 2002
$ 44,360 Median Income
34.76 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $447,500 | -2.29% | Price Down |
| 6/13/2026 | $458,000 | | Listed Price |