** Investment with great cash flow. This house is perfect for the owner that doesn't want to do anything but open the doors and start renting or creating a super AirBnB. It has been steadily rented for 6 consecutive years, collecting $3,250/mo. with tenants paying all utilities.(Rents could go higher). A laundry room with washer and dryer on the basement level and a stack unit on the 2 floor, provides tons of convenience. There are 5 bedrooms, 3 1/2 baths, a large kitchen, a living room with floor to ceiling windows and a full size dining room. Upstairs furnace replaced in 2018, downstairs furnace replace in 2020 and the 80 gallon hot water heater added in 2019. The bedrooms, kitchen and baths have new luxury vinyl and most of house has been freshly painted. The front porch is perfect for people watching and the location is king, just a block away from the VCU Siegel Center. The basement has front and back entrances, the house has two keyless entry doors and a SimpliSafe security system. Also, plenty of room in the downstairs laundry room to add a mini-kitchen. There are 2 off-street parking spots in the back and zoned parking in the area. Owner has taken great care of the house.
Sold for $475,000
$475,000
1116 W Marshall St, Richmond, VA 23220
5beds
3,108sqft
Townhouse, Single Family Residence
Built in 1900
1,576 Square Feet Lot
$562,400 Zestimate®
$153/sqft
$3,677 Estimated rent
Home value
$562,400
$523,000 - $607,000
$3,677/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ann Parsons (804)971-8691,
Long & Foster REALTORS
Bought with:
Ian Lim, 0225246718
Long & Foster REALTORS
Source: CVRMLS,MLS#: 2318352
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Luxury Vinyl Flooring, attached Bathroom
- Level: Second
- Dimensions: 0 x 0
Bedroom 2
- Description: Luxury Vinyl Flooring, Ceiling Fan
- Level: Second
- Dimensions: 0 x 0
Bedroom 3
- Description: Luxury Vinyl Flooring, Ceiling Fan
- Level: Second
- Dimensions: 0 x 0
Bedroom 4
- Description: Luxury Vinyl Flooring, Ceiling Fan
- Level: Basement
- Dimensions: 0 x 0
Bedroom 5
- Description: Luxury Vinyl Flooring, Ceiling Fan
- Level: Basement
- Dimensions: 0 x 0
Dining room
- Description: Fireplace, hardwood floors, ceiling fan
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: Basement
Other
- Description: Tub & Shower
- Level: Second
Half bath
- Level: First
Kitchen
- Description: Luxury Vinyl Flooring
- Level: First
- Dimensions: 0 x 0
Laundry
- Description: Washer, Dryer, Shelving
- Level: Basement
- Dimensions: 0 x 0
Living room
- Description: Fireplace, hardwood floors, ceiling fan
- Level: First
- Dimensions: 0 x 0
Heating
- Electric, Forced Air, Zoned
Cooling
- Central Air, Electric, Zoned
Appliances
- Included: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stove, Washer
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Ceiling Fan(s), Separate/Formal Dining Room, French Door(s)/Atrium Door(s), High Ceilings, High Speed Internet, Laminate Counters, Bath in Primary Bedroom, Recessed Lighting, Cable TV, Wired for Data
- Flooring: Vinyl, Wood
- Doors: French Doors
- Basement: Full,Finished,Walk-Out Access
- Attic: None
- Number of fireplaces: 2
- Fireplace features: Decorative
Interior area
- Total interior livable area: 3,108 sqft
- Finished area above ground: 2,331
- Finished area below ground: 777
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Deck, Porch
- Exterior features: Deck, Porch
- Pool features: None
Lot
- Size: 1,576 Square Feet
- Dimensions: 18 x 88
- Features: Level
- Topography: Level
Details
- Parcel number: N0000466030
- Zoning description: R-7
Construction
Type & style
- Home type: Townhouse
- Architectural style: Row House
- Property subtype: Townhouse, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Drywall, Mixed, Plaster
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & HOA
Community
- Features: Street Lights
- Security: Security System, Smoke Detector(s)
- Subdivision: Carver
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $388,000
- Annual tax amount: $4,656
- Date on market: 1/16/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2026 | Listed for rent | $2,500+4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Listed for rent | $2,400+20.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/27/2023 | Price change | $1,999-13%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2023 | Price change | $2,299-11.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2023 | Price change | $2,599+8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Price change | $2,399-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2023 | Price change | $2,599-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2023 | Price change | $2,799-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2023 | Listed for rent | $3,200-1.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/6/2023 | Sold | $475,000$153/sqft |
Source:  CVRMLS #2318352 Report a problem | ||
| 8/8/2023 | Pending sale | $475,000$153/sqft |
Source: CVRMLS #2318352 Report a problem | ||
| 8/3/2023 | Listed for sale | $475,000+55.7%$153/sqft |
Source: CVRMLS #2318352 Report a problem | ||
| 5/24/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/6/2022 | Listed for rent | $3,250+62.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/13/2017 | Sold | $305,000+103.3%$98/sqft |
Source: CVRMLS #1631648 Report a problem | ||
| 3/26/2015 | Listing removed | $2,000$1/sqft |
Source: Dodson Property Management Report a problem | ||
| 2/17/2015 | Price change | $2,000+6.7%$1/sqft |
Source: Dodson Property Management Report a problem | ||
| 10/28/2014 | Price change | $1,875-6.3%$1/sqft |
Source: Dodson Property Management Report a problem | ||
| 9/4/2014 | Listed for rent | $2,000$1/sqft |
Source: Dodson Property Management Report a problem | ||
| 8/27/2007 | Sold | $150,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,304 +4% | $442,000 +4% |
| 2024 | $5,100 +9.5% | $425,000 +9.5% |
| 2023 | $4,656 | $388,000 |
| 2022 | $4,656 +14.1% | $388,000 +14.1% |
| 2021 | $4,080 +0.3% | $340,000 +0.3% |
| 2020 | $4,068 +7.3% | $339,000 +7.3% |
| 2019 | $3,792 +6% | $316,000 +6% |
| 2018 | $3,576 +105.5% | $298,000 +8.4% |
| 2017 | $1,740 | $275,000 +3% |
| 2016 | $1,740 | $267,000 +57.1% |
| 2015 | $1,740 | $170,000 |
| 2014 | $1,740 | $170,000 -9.6% |
| 2013 | -- | $188,000 -8.3% |
| 2012 | -- | $205,000 -8.9% |
| 2011 | -- | $225,000 |
| 2010 | -- | $225,000 +12.3% |
| 2009 | -- | $200,400 +38.2% |
| 2008 | -- | $145,000 +95.9% |
| 2007 | -- | $74,000 +1.4% |
| 2006 | -- | $73,000 +6.7% |
| 2005 | -- | $68,400 +175.8% |
| 2002 | -- | $24,800 |
| 2001 | $355 | $24,800 |
Find assessor info on the county website
Neighborhood: Carver
Nearby homes
- $--2 bd1 ba750 sqft1116 W Marshall St #2, Richmond, VA 23220Off Market
- $--3 bd3 ba1.5k sqft1116 W Marshall St #1A, Richmond, VA 23220Off Market
- $674,9005 bd3 ba2.4k sqft1116 W Marshall St #HOUSE, Richmond, VA 23220Off Market
- $377,0005 bd3 ba1.5k sqft1118 W Marshall St, Richmond, VA 23220Off Market
- $--4 bd2 ba-- sqft1118 W Marshall St #A, Richmond, VA 23220Off Market
- $448,3001 bd1 ba-- sqft1118 W Marshall St #B, Richmond, VA 23220Off Market
- $75,000-- bd-- ba-- sqft1114 1/2 W Marshall St, Richmond, VA 23220Off Market
- $590,8001 bd1 ba850 sqft1114 W Marshall St, Richmond, VA 23220Off Market
Nearby schools
GreatSchools rating
- 1/10George W. Carver Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Albert Hill Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Carver
- Middle: Albert Hill
- 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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Estimated market value
$562,400
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Estimated market value
$562,400
- Virginia
- Richmond City
- Richmond
- 23220
- Carver
- 1116 W Marshall St
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