1416 Porter Street Richmond, VA $ 574,000
1416 Porter Street
$ 574,000
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1416 Porter Street

Richmond, VA, 23224
$ 574,000
Bedrooms-- Baths0.0 Sq 2,384

Monthly Estimate*

$ 3,964

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Multi-Family Home for sale in Richmond, VA

for $574,000. This 2,384 square foot home was built in 2010 on a lot size of 0.117.

ocated in the heart of Manchester, 1416 Porter Street presents an outstanding investment opportunity with this well-maintained duplex featuring two spacious 2-bedroom, 2-bathroom units. One unit is already leased, providing immediate rental income, while the second is vacant and move-in ready, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to maximize returns. Each unit offers an open-concept floor plan with soaring ceilings, hardwood flooring in the main living areas, modern kitchens with stainless steel appliances, abundant cabinetry, and spacious bedrooms. Outside, residents enjoy large covered rear porches overlooking a generously sized fenced backyard, along with ample off-street parking—a rare amenity in the city. Just minutes from downtown Richmond and within walking distance of Manchester's thriving restaurants, breweries, parks, and entertainment, this turnkey property offers the perfect blend of cash flow, flexibility, and long-term appreciation potential.

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Multi-Family Active

Price

$ 574,000

Property Type

Multi-Family

Taxes

$ 7,176

Style

Lot Size

0.117

Year Built

2010

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2623916

Features
General
Sewer Public Sewer
Roof Composition Flat
Patio/Porch Features Balcony Deck Front Porch
Architectural Style Two Story
Construction Materials Drywall Frame HardiPlank Type Wood Siding
Year Built 2010
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2026
Percent Ownership Individuals
County Richmond City
Property Type Residential Income
Subdivision Name None
Garage Y/N false
Full Baths 0
Status Active
Directions From Downtown
High School Armstrong
NumberOfUnitsTotal 2
MLS Area 60 - Richmond
Lot Size Units Acres
Waterfront Y/N false
Elementary School Blackwell
Year Built Details Approximate
Tax Annual Amount 7176
Middle/Junior High School Thompson
Days on Market 2
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 598000
Ownership Type Sole Proprietor
Property Sub Type Additional Duplex
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Interior
Basement Crawl Space
Total Stories 2
Basement (Y/N) false
Half Baths 0
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Off Street
Water Source Public
Lot Size Area 0.117
Lot Size Acres 0.117
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* Excluded Features
List By
Will Hymes

Listing Agent

Monroe Properties

Broker

will@monroeproperties.com

Email

Affordability Calculator

$4,562
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,964
Monthly Property Taxes
$598
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
1820893 Elementary School
1821364 Middle School
Armstrong High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$574,000 Listed Price

Map


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1416 Porter Street, Richmond, VA, 23224 is a Multi-Family Home for sale at $574,000 with 2,384 sqft and a lot size of 0.117. 1416 Porter Street has 0.0 baths and was built in 2010. The property's zip code is 23224 which is in Richmond, VA