Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances, spread out over three floors including an english walkout basement plus washer/dryer in the unit. The rear two story unit features 1393sqft with 3 bedrooms, one with a huge walk-in closet, 2 renovated tiled full baths, eat-in kitchen with granite counters, stainless appliances and glassed in breakfast nook, two tier balconies, washer/dryer in the unit plus an expiring lease during peak rental season for immediate income growth. This is a tremendous opportunity to add to an existing portfolio or start a new one, without the need for renovations, in a prime location where demand greatly exceeds supply.
Property Details
Property Features
Property Information:
Architectural Style: Row House
Year Built: 1859
Stories: 2
Living Area: 3,793 SqFt
Listing Office:
Office Name: Hamnett Properties
Office Phone: (804) 240-6713
Listing Agent: Will Hamnett
Interior Features
Interior Information:
Appliances: Gas Water Heater
Basement: Yes
Interior: Eat-in Kitchen, Granite Counters, High Ceilings, Walk-In Closet(s)
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.10 Acres
School Info
Assigned Schools Information:
Open High School, Public District Grades 9-12
Richmond Community High School, Public District Grades 9-12
Armstrong High School, Public District Grades 9-12
Albert Hill Middle School, Public District Grades 6-8
George W. Carver Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: W Clay between Henry St and Belvidere
Price Information
Listing Price Info
Price Summary:
List Price: $799,950
Price Per SqFt: $211/SqFt
Tax Information:
Annual Amount: $4,272
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
1
/10
George W. Carver Elementary School
1110 W Leigh St
Distance between this listing and this school0.37 miles
Public District Grades PK-5
Middle School
2
/10
Albert Hill Middle School
3400 Patterson Ave
Distance between this listing and this school2.17 miles
Public District Grades 6-8
High School
9
/10
Open High School
600 S Pine St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
9
/10
Richmond Community High School
201 E Brookland Park Blvd
Distance between this listing and this school1.68 miles
Public District Grades 9-12
3
/10
Armstrong High School
2300 Cool Ln
Distance between this listing and this school2.27 miles
Public District Grades 9-12
Assigned Schools
1
/10
George W. Carver Elementary School
1110 W Leigh St
Distance between this listing and this school0.37 miles
Public District Grades PK-5
Nearby Schools
5
/10
William Fox Elementary School
2300 Hanover Ave
Distance between this listing and this school1.26 miles
Public District Grades PK-5
4
/10
Overby-Sheppard Elementary School
2300 1st Ave
Distance between this listing and this school1.53 miles
Public District Grades PK-5
Assigned Schools
2
/10
Albert Hill Middle School
3400 Patterson Ave
Distance between this listing and this school2.17 miles
Public District Grades 6-8
Nearby Schools
1
/10
Binford Middle School
1701 Floyd Ave
Distance between this listing and this school0.94 miles
Public District Grades 6-8
1
/10
Martin Luther King Jr. Middle School
1000 Mosby St
Distance between this listing and this school1.48 miles
Public District Grades 6-8
Assigned Schools
9
/10
Open High School
600 S Pine St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
9
/10
Richmond Community High School
201 E Brookland Park Blvd
Distance between this listing and this school1.68 miles
Public District Grades 9-12
3
/10
Armstrong High School
2300 Cool Ln
Distance between this listing and this school2.27 miles
The neighbors living near this home have an average income of $43,226. Most Richmond, VA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 509 W Clay St in Richmond, VA and zip code 23220 in the Jackson Ward neighborhood. This 3,793 square foot home, which was built in 1859, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $799,950.
In April 2024, from all listings sold in Richmond, VA there were more than 201 sold above asking price, over 85 sold below and more than 89 were sold right at the asked price. The number of listings in Richmond, VA increased by 10% between March 2024 and April 2024. In April 2024 median list price was $346,381 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.