2218/2220 M Street Richmond, VA $ 724,900
2218/2220 M Street
$ 724,900
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2218/2220 M Street

Richmond, VA, 23223
$ 724,900
Bedrooms-- Baths0.0 Sq 2,943

Monthly Estimate*

$ 5,007

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Multi-Family Home for sale in Richmond, VA

for $724,900. This 2,943 square foot home was built in 1910 on a lot size of 0.0706.

Located at 2218-2220 M Street in the heart of Richmond’s highly desirable Union Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity to acquire a turnkey investment in one of the City’s strongest rental and resale markets. Encompassing approximately 2,943 square feet, the property features an attractive unit mix of one 2-bedroom, 2-bathroom residence and one 3-bedroom, 1.5-bathroom residence, both renovated to an exceptional standard back in 2022 with quality finishes and modern systems. Investors will appreciate the property’s strong in-place rental potential, while its oversized lot offers additional value through future expansion, accessory dwelling units, or potential redevelopment, subject to applicable approvals. The layout also presents a unique opportunity to subdivide and reintroduce the residences to the market as individual for-sale homes, creating multiple avenues for future appreciation and exit strategies. Positioned just steps from the vibrant intersection of 25th and M Streets, the property enjoys one of Union Hill’s most walkable and sought-after locations. Residents are within easy walking distance of neighborhood favorites including Sub Rosa Bakery, Union Market, Metzger, Kahlo’s Taqueria, and Fat Rabbit, while remaining just minutes from downtown Richmond, the MCV campus, and convenient I-95 and I-64 access. Whether purchased as a long-term hold, value-add investment, or future condominium or single-family conversion opportunity, 2218–2220 M Street offers a compelling combination of quality renovations, outstanding location, and long-term upside that is increasingly difficult to find in Richmond’s historic urban neighborhoods.

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Multi-Family Active

Price

$ 724,900

Property Type

Multi-Family

Taxes

$ 6,984

Style

Lot Size

0.0706

Year Built

1910

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2618857

Features
General
Sewer Public Sewer
Roof Composition Flat
Architectural Style Colonial Row House Two Story
Construction Materials Frame HardiPlank Type Wood Siding
Year Built 1910
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2025
Percent Ownership Individuals
County Richmond City
Property Type Residential Income
Subdivision Name East End
Garage Y/N false
Full Baths 0
Status Active
High School Armstrong
Zoning Description R-63
NumberOfUnitsTotal 2
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N false
Elementary School Bellevue
Year Built Details Approximate
Tax Annual Amount 6984
Middle/Junior High School Martin Luther King Jr.
Days on Market 94
Structure Type Townhouse
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 582000
Ownership Type Sole Proprietor
Property Sub Type Additional Duplex
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Interior
Total Stories 2
Basement (Y/N) false
Half Baths 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.0706
Lot Size Acres 0.0706
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* Excluded Features
List By
Ann Schweitzer

Listing Agent

One South Commercial Llc

Broker

ann.schweitzer@onesouthcommercial.com

Email

Affordability Calculator

$5,589
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,007
Monthly Property Taxes
$582
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
1821086 Elementary School
1821207 Middle School
Armstrong High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$724,900 -1.91% Price Down
9/17/2026$739,000 -1.34% Price Down
7/10/2026$749,000 Listed Price

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2218/2220 M Street, Richmond, VA, 23223 is a Multi-Family Home for sale at $724,900 with 2,943 sqft and a lot size of 0.0706. 2218/2220 M Street has 0.0 baths and was built in 1910. The property's zip code is 23223 which is in Richmond, VA