1721 Grove Avenue Richmond, VA ^$ 1,295,000

1721 Grove Avenue

^$ 1,295,000

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1721 Grove Avenue

Richmond, VA, 23220

^$ 1,295,000

Bedrooms-- Baths0.0 Sq 4,728

Monthly Estimate*

^$ 8,944

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Multi-Family Home for sale in Richmond, VA

for $1,295,000. This 4,728 square foot home was built in 1912 on a lot size of 0.0861.

4-Unit Multifamily Gem, located in The Historic Fan District, Richmond’s most resilient rental market. Positioned in an ultra-walkable pocket of The Fan, tenants enjoy seamless access to the neighborhood's iconic dining, tree-lined streets, and vibrant cultural scene. This handsome brick building is an exceptional investment opportunity. It offers over 4,600 square feet of total living area, split across high-demand layouts, that attract premium tenants. Spacious 1, 2, and 3-bedroom configurations. The 1st floor unit is stunning as it was previously owner-occupied. Perfect opportunity for an investor looking for a stable portfolio addition.

Multi-Family Active

Price

^$ 1,295,000

Property Type

Multi-Family

Taxes

^$ 11,340

Style

Lot Size

0.0861

Year Built

1912

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2626056

Features

General

Interior Features Bedroom on Main Level Ceiling Fan(s) Granite Counters Laminate Counters

Sewer Public Sewer

Roof Flat Metal Slate

Appliances Gas Water Heater

Exterior Features Lighting

Patio/Porch Features Balcony Stoop

Architectural Style Other

Construction Materials Brick Block Drywall Frame

Year Built 1912

Stories 3

Levels Three Or More

Property SubType Quadruplex

Tax Year 2025

Percent Ownership Individuals

County Richmond City

Property Type Residential Income

Subdivision Name None

Garage Y/N false

Full Baths 0

Status Active

Directions On Grove Avenue between N. Allen Avenue and N. Vine Street.

High School Thomas Jefferson

Disclosures Seller Disclosure

Zoning Description R-6

NumberOfUnitsTotal 4

MLS Area 10 - Richmond

Lot Size Units Acres

Waterfront Y/N false

Elementary School Fox

Year Built Details Actual

Tax Annual Amount 11340

Middle/Junior High School Dogwood

Virtual Tour https://listings.tourvahomes.com/sites/ejponona/unbranded

Days on Market 5

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 1007000

Ownership Type Sole Proprietor

Property Sub Type Additional Quadruplex

Interior

Basement Crawl Space Partial

Total Stories 3

Basement (Y/N) true

Half Baths 0

Laundry Features Washer Hookup Dryer Hookup

Below Grade Finished Area 0

Total Baths 0

Exterior

Fencing None

Parking Features On Street

Water Source Public

Lot Size Area 0.0861

Lot Size Acres 0.0861

* Excluded Features

List By

Jim Dunn

Listing Agent

Joyner Fine Properties

Broker

jim.dunn@joynerfineproperties.com

Affordability Calculator

$9,889

Per Month

Monthly Principal & Interest: $8,944
Monthly Property Taxes: $945
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Richmond, VA

Average List Price ^$809,087

Percent of Sale Price 38%

About Richmond, VA

228,048 Population

15% Since 2002

^$44,360 Median Income

34.76 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

243578 Elementary School

4600795 Middle School

Thomas Jefferson High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$1,295,000		Listed Price

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1721 Grove Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $1,295,000 with 4,728 sqft and a lot size of 0.0861. 1721 Grove Avenue has 0.0 baths and was built in 1912. The property's zip code is 23220 which is in Richmond, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Properties marked with the CVRMLS icon are provided courtesy of Central Virginia Regional Multiple Listing Service, LLC and detailed information about them includes the name of the listing brokers.

The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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1721 Grove Avenue

Multi-Family Home for sale in Richmond, VA

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