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Sold for $1,195,000
  • $1,195,000

    111 S Stafford Ave, Richmond, VA 23220

    8beds
    4baths
    3,104sqft
    Quadruplex, Multi Family, Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $4,433 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,433/mo

    Zestimate® history
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    What's special

    111 S Stafford Ave is a Revitalized and Reconstructed Quad now available in the Fan District! This corner lot building is designed for an Owner-occupant or Investor looking to add a foundational purchase to their portfolio. This building features fully permitted construction, was taken down to the studs, and revamped meticulously. The building features brand-new "MEPs" (HVAC, Electrical, Plumbing), new studs, all new subflooring, new insulation, a new TPO roof, new windows, new kitchens/bathrooms, new appliances, new deck/balconies, and much more! Units are separately metered (four water meters and five electric meters). The building features 24-hour alleyway lighting (security/surveillance ready) and privacy fenced. All appliances, including all washers/dryers, convey. Three current leases are in place and convey! The 4th unit awaits your vision, whether to live in or embark on a Short-Term/Mid-Term Rental strategy. All units are deemed 2 bedrooms, 1 bath, beautifully designed with in-unit laundry, featuring exposed brick styling and all-new finishes. Top-level units feature private balconies and deck space. Downstairs units feature private backyard space. 111 S Stafford Ave is walking distance (yes, walking distance!) to Carytown, Byrd Park, and Museums - among some of the other hottest fan attractions nearby. You are amidst a long-standing community with consistent new and emerging area development! Directly adjacent to W Cary St, near Arthur Ashe Blvd, close to bus lines, major highways, and more. This building is a testament to timeless elegance fused with charm and modern convenience. Get in early! This area of the Fan is just going to continue to grow. Rare opportunity! - This can be yours - Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Symeonides 804-874-5074,

    Fathom Realty Virginia

    Bought with:

    Carol Gertner, 0225234740

    EXP Realty LLC

    Source: CVRMLS,MLS#: 2410967MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Main Level Primary, Pantry, Recessed Lighting
    • Windows: Thermal Windows
    • Basement: Crawl Space
    • Attic: None
    Interior area
    • Total interior livable area: 3,104 sqft

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Deck, Front Porch
    • Exterior features: Awning(s), Lighting
    • Fencing: Back Yard,Fenced,Partial
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: W0001034036
    • Special conditions: Corporate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern,Two Story
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Brick, Drywall
    • Roof: Flat
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Common Grounds/Area, Maintained Community, Street Lights
    • Security: Fire Sprinkler System
    • Subdivision: Stafford Place
    HOA
    • Has HOA: Yes
    • Amenities included: Landscaping
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $594,000
    • Annual tax amount: $594,000
    • Date on market: 8/13/2025
    • Ownership: Corporate
    • Ownership type: Corporation

    Price history

    DateEventPrice
    7/15/2024Sold$1,195,000-4.4%$385/sqft
    Source: CVRMLS #2410967 Report a problem
    5/29/2024Pending sale$1,250,000$403/sqft
    Source: CVRMLS #2410967 Report a problem
    5/1/2024Listed for sale$1,250,000+127.3%$403/sqft
    Source: CVRMLS #2410967 Report a problem
    3/6/2024Listing removed--
    Source: CVRMLS #2401661 Report a problem
    2/12/2024Price change$1,950-4.9%$1/sqft
    Source: CVRMLS #2401661 Report a problem
    1/22/2024Listed for rent$2,050$1/sqft
    Source: CVRMLS #2401661 Report a problem
    1/9/2023Sold$550,000$177/sqft
    Source: CVRMLS #2228010 Report a problem
    11/30/2022Pending sale$550,000$177/sqft
    Source: CVRMLS #2228010 Report a problem
    11/29/2022Price change$550,000-15.5%$177/sqft
    Source: CVRMLS #2228010 Report a problem
    10/12/2022Listed for sale$651,000$210/sqft
    Source: CVRMLS #2228010 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,128 -8.8%$594,000 -8.8%
    2023$7,812 $651,000
    2022$7,812 +29.9%$651,000 +29.9%
    2021$6,012 +2.2%$501,000 +2.2%
    2020$5,880 +5.2%$490,000 +5.2%
    2019$5,592 +7.6%$466,000 +7.6%
    2018$5,196 +61%$433,000 +37.9%
    2017$3,228 $314,000 +7.5%
    2016$3,228 $292,000 +1%
    2015$3,228 $289,000 +7.4%
    2014$3,228 $269,000
    2013-- $269,000 -4.9%
    2012-- $283,000 +3.3%
    2011-- $274,000
    2010-- $274,000 -0.1%
    2009-- $274,300
    2008-- $274,300
    2007-- $274,300 +39.9%
    2006-- $196,000 +40%
    2005-- $140,000 +115.4%
    2003-- $65,000 -16%
    2002-- $77,400 +19.1%
    2001$930 $65,000
    Find assessor info on the county website

    Neighborhood: The Fan

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Munford
    • Middle: Dogwood
    • High: Thomas Jefferson

    Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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