1524 Grove Avenue Richmond, VA $ 950,000
1524 Grove Avenue
$ 950,000
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1524 Grove Avenue

Richmond, VA, 23220
$ 950,000
Bedrooms-- Baths0.0 Sq 4,325

Monthly Estimate*

$ 6,561

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Multi-Family Home for sale in Richmond, VA

for $950,000. This 4,325 square foot home was built in 1910 on a lot size of 0.0684.

Welcome to a Fantastic Fan investment opportunity! This 4-5 unit building, complete with a 2-car garage, backs directly up to Lombardy Market (home to some of the BEST deviled eggs you’ll find anywhere!) and puts you within walking distance of VCU and everything the Historic Fan District has to offer. 100% occupied and consistently in demand, this property has experienced few, if any, vacancies over the years. The units have been thoughtfully updated, making this an attractive, turn-key investment in one of Richmond’s most desirable and walkable neighborhoods. Forget Bitcoin—this is an investment you can see, touch and feel. And every time you drive by, you’re going to smile and say, “YES!” Opportunities like this don’t come along often. Prime Fan location. Strong rental history. What’s not to love? OWNER WILL CONSIDER HOLDING FINANCING FOR QUALIFIED BUYERS!

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Multi-Family Active

Price

$ 950,000

Property Type

Multi-Family

Taxes

$ 8,376

Style

Lot Size

0.0684

Year Built

1910

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2629908

Features
General
Interior Features Bedroom on Main Level En Suite Bathroom Full Bath on Main Level
Sewer Public Sewer
Roof Other Rubber
Appliances Gas Water Heater
Garage Spaces 2
Architectural Style Row House
Construction Materials Brick Drywall Plaster
Year Built 1910
Stories 3
Levels Three Or More
Property SubType Quadruplex
Tax Year 2026
Percent Ownership Individuals
County Richmond City
Property Type Residential Income
Attached Garage false
Subdivision Name None
Garage Y/N true
Full Baths 0
Status Active
Directions Second property from the corner of Grove & Lombardy and backing up to the iconic Lombardy Market with the best deviled eggs in the City of Richmond!
High School Thomas Jefferson
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 8376
Middle/Junior High School Lucille Brown
Days on Market 3
Structure Type Townhouse
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 722000
Ownership Type Sole Proprietor
Property Sub Type Additional Quadruplex
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Interior
Basement Partial
Total Stories 3
Basement (Y/N) true
Half Baths 0
Total Baths 0
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Exterior
Fencing None
Parking Features Direct Access Detached Garage Off Street On Street
Water Source Public
Lot Size Area 0.0684
Lot Size Acres 0.0684
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* Excluded Features
List By
Michael Ryan

Listing Agent

Keller Williams Realty

Broker

mkryanjr@yahoo.com

Email

Affordability Calculator

$7,259
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,561
Monthly Property Taxes
$698
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
4800739 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$950,000 Listed Price

Map


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1524 Grove Avenue, Richmond, VA, 23220 is a Multi-Family Home for sale at $950,000 with 4,325 sqft and a lot size of 0.0684. 1524 Grove Avenue has 0.0 baths and was built in 1910. The property's zip code is 23220 which is in Richmond, VA