Skip main navigation
For sale
    • $780,000

    1209 Wallace St, Richmond, VA 23220

    4beds
    4baths
    2,496sqft
    : 
    $5,087/mo
    Get pre-qualified
    Quadruplex, Multi Family, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $313/sqft
    $-- HOA

    What's special

    Fantastic High Demand Rental opportunity. Brick QUAD walkable to VCU. All four units are leased with year leases for each tenant. Updates were completed in the property in 2025 totaling $78000 with roof approximately 5-years old. Tenants pay utilities.
    1 day
    |
    107
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Render 8047506295,

    KW Metro Center 804-858-9000,

    Jennifer Render 804-956-5520,

    KW Metro Center

    Source: CVRMLS,MLS#: 2619201MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Features
      • Has basement: No
      • Attic: None
      Interior area
      • Total interior livable area: 2,496 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Rear Porch, Front Porch
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 6,250 Square Feet
      Details
      • Parcel number: W0000436026
      • Zoning description: R-6
      • Special conditions: Corporate Listing

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial,Two Story
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Brick, Drywall
      • Roof: Metal
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Park
      • Subdivision: Randolph West
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $532,000
      • Annual tax amount: $6,384
      • Date on market: 7/26/2026
      • Ownership: Corporate
      • Ownership type: Corporation

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,280/mo

        Price history

        DateEventPrice
        7/27/2026Listed for sale$780,000+16.2%$313/sqft
        Source: CVRMLS #2619201 Report a problem
        5/19/2026Listing removed$1,150
        Source: Zillow Rentals Report a problem
        1/11/2026Listed for rent$1,150
        Source: Zillow Rentals Report a problem
        12/29/2025Sold$671,000+123.7%$269/sqft
        Source: CVRMLS #2530376 Report a problem
        11/21/2025Pending sale$300,000$120/sqft
        Source: CVRMLS #2530376 Report a problem
        10/30/2025Listed for sale$300,000-33.3%$120/sqft
        Source: CVRMLS #2530376 Report a problem
        5/20/2025Sold$450,000$180/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,384 +5.1%$532,000 +5.1%
        2024$6,072 +36.8%$506,000 +36.8%
        2023$4,440 $370,000
        2022$4,440 +16%$370,000 +16%
        2021$3,828 +3.2%$319,000 +3.2%
        2020$3,708 +47.8%$309,000 +47.8%
        2019$2,508 +4.5%$209,000 +4.5%
        2018$2,400 +94.3%$200,000 +3.1%
        2017$1,235 $194,000 +3.7%
        2016$1,235 $187,000 +81.6%
        2015$1,235 $103,000
        2014$1,235 $103,000
        2013-- $103,000
        2012-- $103,000 -2.8%
        2011-- $106,000
        2010-- $106,000
        2009-- $106,000
        2008-- $106,000
        2007-- $106,000 +14.5%
        2006-- $92,600 +18.6%
        2005-- $78,100 +16.7%
        2003-- $66,900 +10%
        2002-- $60,800
        2001$869 $60,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Randolph

        Getting around

        77 / 100
        Very Walkable
        44 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fox
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Richmond Topics

                Search
                Updates
                Favorites
                Plan
                Inbox