Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring modern kitchens, stylish bathrooms, and well-maintained original details. The location is unbeatable—just steps from Carytown, VMFA, breweries, top-rated restaurants, and boutique shopping. With strong rental demand in this area, proximity to VCU, downtown, and major highways, this property is ideal for generating consistent rental income while benefiting from long-term appreciation! Reach out and schedule your showing today!
Sold for $980,000
$980,000
115 S Arthur Ashe Blvd, Richmond, VA 23220
4beds
4baths
3,200sqft
Quadruplex, Multi Family, Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$306/sqft
$3,526 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,526/mo
Zestimate® history
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List your homeWhat's special
Stylish bathroomsWell-maintained original detailsModern kitchens
Zillow last checked:
Listing updated:
Listed by:
Alyssa Devereaux (804)386-3985,
Compass
Bought with:
NON MLS USER MLS
NON MLS OFFICE
Source: CVRMLS,MLS#: 2505190
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Basement: Full,Unfinished
- Attic: Finished
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Off Street
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Front Porch
- Fencing: None
Lot
- Size: 3,720 Square Feet
- Features: Corner Lot
Details
- Parcel number: W0001200016
- Zoning description: R-48
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick, Drywall, Wood Siding
- Roof: Metal,Slate
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $783,000
- Annual tax amount: $9,396
- Date on market: 5/28/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $980,000$306/sqft |
Source:  CVRMLS #2505190 Report a problem | ||
| 7/28/2025 | Pending sale | $980,000$306/sqft |
Source: CVRMLS #2505190 Report a problem | ||
| 3/3/2025 | Listed for sale | $980,000$306/sqft |
Source: CVRMLS #2505190 Report a problem | ||
| 3/2/2025 | Listing removed | $980,000$306/sqft |
Source: CVRMLS #2429243 Report a problem | ||
| 11/11/2024 | Listed for sale | $980,000+22.5%$306/sqft |
Source: CVRMLS #2429243 Report a problem | ||
| 8/1/2022 | Sold | $800,000$250/sqft |
Source: CVRMLS #2213448 Report a problem | ||
| 6/9/2022 | Pending sale | $800,000$250/sqft |
Source: CVRMLS #2213448 Report a problem | ||
| 6/8/2022 | Price change | $800,000-3%$250/sqft |
Source: CVRMLS #2213448 Report a problem | ||
| 5/20/2022 | Listed for sale | $825,000+13.8%$258/sqft |
Source: CVRMLS #2213448 Report a problem | ||
| 7/29/2021 | Sold | $725,000+119.7%$227/sqft |
Source: CVRMLS #2118940 Report a problem | ||
| 3/31/2003 | Sold | $330,000$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,828 +4.6% | $819,000 +4.6% |
| 2024 | $9,396 +6% | $783,000 +6% |
| 2023 | $8,868 | $739,000 |
| 2022 | $8,868 +71.9% | $739,000 +71.9% |
| 2021 | $5,160 +2.4% | $430,000 +2.4% |
| 2020 | $5,040 +3.7% | $420,000 +3.7% |
| 2019 | $4,860 +8.9% | $405,000 +8.9% |
| 2018 | $4,464 +17.4% | $372,000 +4.8% |
| 2017 | $3,804 | $355,000 +2.6% |
| 2016 | $3,804 | $346,000 +3.3% |
| 2015 | $3,804 | $335,000 +5.7% |
| 2014 | $3,804 | $317,000 |
| 2013 | -- | $317,000 |
| 2012 | -- | $317,000 -3.1% |
| 2011 | -- | $327,000 |
| 2010 | -- | $327,000 -2.4% |
| 2009 | -- | $335,000 -3.9% |
| 2008 | -- | $348,500 -19.2% |
| 2007 | -- | $431,200 +17.4% |
| 2006 | -- | $367,400 +1.7% |
| 2005 | -- | $361,100 +72.8% |
| 2003 | -- | $209,000 +20.9% |
| 2002 | -- | $172,800 +19% |
| 2001 | $2,076 | $145,200 |
Find assessor info on the county website
Neighborhood: The Fan
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Nearby schools
GreatSchools rating
- 7/10John B. Cary Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Albert Hill Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Lois-Harrison Jones
- 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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- Virginia
- Richmond City
- Richmond
- 23220
- The Fan
- 115 S Arthur Ashe Blvd
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