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$989,900
CVR-2620887 MLS
Looking for the ideal downsize but don't want a condo? Want first-floor living but love the neighborhoods that seem to have only two-story homes? This might be for you. Tucked into Richmond's coveted Sauer's Gardens neighborhood in the Near West End — steps from the same brick-and-boxwood charm that makes Monument Avenue's landmark condo buildings so desirable — this 1940 brick sister-flat duplex delivers the lock-and-leave lifestyle of a condo with none of the association rules or monthly dues. The current owner occupies the main level as a private one-level retreat: 2 bedrooms, 2 full baths, a dedicated study, and its own laundry — true first-floor living, in a neighborhood built almost entirely of two-story homes. Upstairs, a fully separate luxury unit — 2 bedrooms, a full bath, a study, and its own laundry — is currently operated as a short-term rental (min 2 mos currently.) The upper unit's second bath is already roughed-in for conversion, giving a new owner a clear, low-lift path to add value and boost nightly rental rates. Outside, the current owner completed a brand-new detached garage — two full bays plus a finished storage level above — alongside an additional off-street parking space, solving Richmond's biggest city-living headache: parking. A bluestone patio and thoughtfully designed hardscape turn the backyard into a low-maintenance garden oasis, built for entertaining, not weekend upkeep. Whether you're searching for that rare first-floor-living opportunity without giving up your own front door to an HOA, a potentiall short-term rental investment near Richmond's top attractions, or simply a smarter way to downsize into a walkable, historic neighborhood, 4207 W Grace St offers rare flexibility on a 7,258 sq ft lot with 2,854 finished square feet. STATED RENT IS PLACE HOLDER - PROPERTY IS OWNER OCCUPIED

4207 W Grace Street, Richmond

$749,000
CVR-2618857 MLS
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.

2218/2220 M Street, Richmond

$1,095,000
CVR-2616583 MLS
5508 Grove Avenue - a lovely, fully renovated duplex just steps from the popular Libbie/Grove shops & restaurants. This brick & slate property has been completely renovated inside & out and is a wonderful opportunity to own a high-end, income-producing investment. Live on one floor & rent out the other space, or rent both units. Total income for both units $6,500 per month. The lower unit is currently occupied until mid-January. Unit 1# (first floor): 2 bedrooms, 2.5 baths, entry fronts Seneca Road. The open-concept living room and kitchen has wood-burning fireplace, crown molding, hardwood floors. Kitchen has large island with counter seating, granite and quartz counters. Renovated full baths and an added half bath. Larger bedroom has walk-in closet, stack washer/dryer, large bathroom. 2nd bedroom has built-in Murphy bed & attached full bath. Side porch, access to fenced back yard & patio. Currently rents for $3,500 per month. Unit #2: (second floor) 2 bedrooms, 1.5 baths, entry fronts Grove, wood-burning fireplace, open-concept living/kitchen area (with fireplace). Large eat-in kitchen with center island, gas cooking, refrigerator, dishwasher, beverage refrigerator. 2 bedrooms, both equipped with built-in Murphy beds. California closets. Shared full bath between bedrooms, & half bath. New hot water heater. Stack washer/dryer. Side balcony overlooking Seneca. Typically rents for $3,000 per month. Overall property enhancements include:new rear patio, privacy fencing, new landscaping, new custom storm doors/front doors per unit, new irrigation system, insulated replacement windows, California closets, separate utility metering for each unit, off-street parking added, new brick walkways at front & side of property, dehumidifier in crawlspace, designer lighting in both units, plantation shutters added, hardwood floors refinished, interior/exterior painted. Interiors have new baths, kitchens and have been renovated fully with newer HVAC, newer half baths, hot water heaters. Very unique opportunity!

5508 Grove Avenue, Richmond

$2,750,000
CVR-2616720 MLS
2400 Barton Avenue presents an opportunity to acquire an 18-unit apartment community in Richmond's rapidly evolving Northside neighborhood. Situated prominently on the corner of Barton Avenue and East Graham Road, the property benefits from excellent visibility, abundant natural light, and a larger land footprint than many comparable apartment communities in the area. Since acquiring the property, ownership has invested more than $300,000 in capital improvements, enhancing the property's condition and positioning it for continued growth. The expansive corner parcel provides additional open space and flexibility, creating a valuable amenity for residents today while offering future ownership the opportunity to explore additional uses of the excess land, subject to applicable approvals. Residents enjoy convenient access to the thriving Brookland Park Boulevard corridor, home to neighborhood favorites such as The Smoky Mug, along with an expanding collection of restaurants, coffee shops, breweries, and locally owned retailers that continue to drive Northside's transformation into one of Richmond's most dynamic neighborhoods. The current rent roll demonstrates stable occupancy while also presenting a compelling opportunity for future income growth. Comparable renovated two-bedroom apartments in the immediate area are achieving rents of approximately $1,450 per month, providing investors with a clear path to increasing revenue through strategic unit turnover and continued asset management. Combining a desirable all two-bedroom unit mix, substantial recent capital investment, a prominent corner location, additional land area, and proximity to one of Richmond's most active neighborhood commercial districts, 2400 Barton Avenue offers an attractive opportunity to acquire a well-positioned multifamily asset with both strong in-place income and meaningful upside potential.

2400 Barton Avenue, Richmond

$998,900
CVR-2615451 MLS
2034 W. Grace Street | Fully-Leased Fan District Duplex | Richmond, VA Own a fully rented, cash-flowing duplex on the top block of the historic West Grace Street Historic District — one of the Fan's most walkable locations. This 1908 two-family gem is 100% leased, generating approximately $58,000 in gross annual income — with tenants paying ALL utilities. That's stabilized income from day one, with none of the utility-management headaches. Here's what makes this Richmond investment stand out: two HUGE and spacious 4-bedroom, 2-bath apartments spread across roughly 5,000 square feet on a 4,445-square-foot lot, plus the rare bonus of off-street parking in a neighborhood where parking is at a premium. Each unit offers generous formal and informal living space, separate dining areas, in-unit laundry, private balcony access, and extra storage — the kind of layout tenants want and renew for. Fresh upgrades are already done: interior and exterior paint, updated lighting, professional landscaping, pressure washing, and detailed cleaning. Move-in ready income, no deferred maintenance to inherit. Location seals the deal — a 97/100 Walk Score puts you steps from VCU, downtown Richmond, museums, and the Fan's best restaurants and shops - right aroudn the corner from Whole Foods - all within a protected historic district. Properties like this, fully leased with strong numbers, off-street parking, and historic pedigree, don't sit on the market long. Scale, stabilized income, off-street parking, and historic character on Richmond's most in-demand block — schedule your showing today before this one is gone.

2034 W Grace Street, Richmond

$989,000
CVR-2614044 MLS
Outstanding opportunity to acquire an investor friendly 9-unit multifamily asset with stabilized rental income and an appraisal-supported cap rate of approximately 8.5% and current seller-provided operating figures close to a 9.5% cap rate. With average rent at $1200 per unit this investment opportunity is strong and reliable. The two-story brick apartment building offers a practical and consistent unit mix with nine (9) 2-bedroom, 1-bath residences, each approximately 700 square feet, for a total building size of approximately 6,448 square feet on a 0.27-acre parcel. The property features a NEWER roof, NEW exterior access, durable brick construction, multiple unit entrances, and functional interior layouts that support long-term rental operations. The property offers a courtyard-style exterior, low-maintenance brick façade, and bright interior spaces. Select units feature hardwood or plank-style flooring, white kitchen cabinetry, electric range appliances, and neutral wall colors. The interiors provide simple, efficient layouts that allow for continued rental use while also presenting potential for future cosmetic updates or operational improvements. Tenants are responsible for heat and electric, while the landlord pays for water and trash removal. The property also offers some off-street parking, along with convenient access to nearby public transportation and Interstate 64. All units are tenant occupied with a strong rent roll. Recent improvements and area growth suggest potential upside through lease-up, rent optimization, or future improvements, subject to market conditions and applicable lease terms. With a consistent tenant base, low maintenance, and strong rental income this apartment building presents a compelling opportunity for investors seeking a multifamily property in the Richmond market. Reach out today!

2115 Phaup Street, Richmond

$925,000
CVR-2613189 MLS
Positioned on one of Richmond’s most iconic residential neighborhoods – the Fan, 1300 Floyd Avenue presents a rare opportunity to acquire a classic Fan District triplex directly adjacent to Virginia Commonwealth University. This stately brick property blends historic Richmond architecture with strong in-place cash flow and substantial rental upside. The property features three spacious apartment homes with an attractive unit mix ideal for students, young professionals, and long-term tenants seeking walkability to VCU, Carytown, the Fan’s restaurant scene, and downtown Richmond employment centers. The unit mix consists of a large one-bedroom apartment on the first floor with updated kitchen finishes, a spacious two-bedroom/two-bathroom apartment on the second floor, and a charming one-bedroom apartment occupying the third floor. All three units offer strong natural light, historic character, and layouts well suited for the urban renter profile driving demand throughout the Fan District. Current ownership has completed several meaningful capital improvements including new thermal sash windows, updated kitchens and appliances, new hot water heaters, and a recently completed modified flat roof with copper flashing. The property has been well maintained while still offering investors the opportunity to increase rents significantly over time. Current rents are considered substantially below market for renovated Fan District apartments within immediate proximity to VCU that include all utilities.

1300 Floyd Avenue, Richmond

$699,000
CVR-2610034 MLS
Whether you are growing your existing rental portfolio or waiting for the perfect property to start investing, this DUPLEX is not to be missed! LOCATION, LOCATION, LOCATION! This sophisticated property feels like quintessential Richmond and will be appreciated by even the most discerning eye. This classic brick and slate Colonial, seamlessly blends into its prime Area 20 neighborhood,and enters the market with updates and upgrades, not to mention fully occupied with leases ready to convey! A fabulous Cutshaw block, located between Commonwealth and Shenandoah, offers a mix of exquisite single-family residences and only a handful of special multi-family properties. Two pristine units, each 2 bedrooms and 1 full bath, offer updated kitchens, hardwood flooring in formal rooms and bedrooms, spacious living rooms and formal dining space, private side porches, fenced backyard with off street parking, basement storage, complete with separate washers/dryers for each unit. Both units offer an IDEAL floor plan allowing separation between bedrooms and living/dining space, while original moldings and trim have been preserved throughout, creating the warmth of a private residence circa 1940. Merely two blocks off Monument, walking distance from Scott’s Addition and Willow Lawn, this coveted Malvern Gardens location gives tenants a plethora of dining, shopping and entertainment options at arm's length. Built as a duplex with separate electric/ gas meters, tenants pay their respective utilities, making this truly a dream come true investment property. If you desire to make sound long-term investments, prefer fully leased income producing properties, favor responsible and caring tenants, and seek professional property management already in place, then 4412 Cutshaw is your answer.

4412 Cutshaw Avenue, Richmond

$5,100,000
CVR-2603090 MLS
Located in the heart of Shockoe Bottom, the Broom Factory Condominiums offer a rare opportunity to own a thoughtfully restored piece of Richmond history. The best of both worlds - historic and brand new - Originally built in 1921 as the Richmond Broom Manufacturing Company, this iconic industrial building has been reimagined into 12 custom condominium residences that blend historic character with modern urban living. Original architectural elements remain central to the design, including soaring ceilings, oversized steel-framed windows, and industrial details that flood each residence with natural light. Inside, each unit features white oak hardwood floors, quartz countertops, custom tile work, and carefully curated finishes that complement the building’s historic bones while delivering a clean, modern aesthetic. Floor plans were designed with livability in mind, offering generous layouts, well-proportioned bedrooms, and thoughtfully finished bathrooms. The building itself offers a secure and amenity-rich experience, including controlled entry, elevator access from the basement through the second floor, secured covered parking with one allocated space per residence, private basement storage for each unit, and dedicated bike storage. A basement-level pet and gear wash station provides added convenience, while the rooftop deck offers panoramic views of the city skyline and the James River. With just twelve residences, the Broom Factory Condominiums offer a boutique living experience defined by preserved industrial architecture, modern finishes, and an unbeatable Shockoe Bottom location- Just steps from dining, entertainment, and the James River.

2201 E Main Street, Richmond

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