An exceptional investment opportunity awaits with this fully rented, all-brick row house conveniently located just one block from VCU’s main campus. This classic Fan home offers 4 bedrooms and 2 full baths, a large, bright eat-in kitchen and updated systems for peace of mind and long-term value. Enjoy the best of urban living with coffee shops, restaurants, and local amenities just a short stroll away. The property also includes a fenced backyard and off-street parking for added convenience. Currently leased through August 1, 2026, at $2,800 per month, this home provides reliable rental income in one of Richmond’s most desirable neighborhoods. Whether you’re identifying a property for a 1031 exchange or expanding your rental portfolio, this is a fantastic, turn-key opportunity in a consistently strong rental market.
Sold for $505,000
$505,000
1237 W Cary St, Richmond, VA 23220
4beds
1,926sqft
Single Family Residence
Built in 1900
2,191.07 Square Feet Lot
$522,900 Zestimate®
$262/sqft
$3,021 Estimated rent
Home value
$522,900
$471,000 - $586,000
$3,021/mo
Zestimate® history
Owner options
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$3,021/mo
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$3,100/mo
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List your homeWhat's special
All-brick row houseFenced backyardOff-street parkingLarge bright eat-in kitchenUpdated systems
Zillow last checked:
Listing updated:
Listed by:
Casey Smith 804-690-2976,
The Steele Group
Bought with:
Sylvia Miller, 0225113429
Joyner Fine Properties
Source: CVRMLS,MLS#: 2530753
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove, Washer
Features
- Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, High Ceilings
- Flooring: Vinyl, Wood
- Basement: Crawl Space
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total interior livable area: 1,926 sqft
- Finished area above ground: 1,926
- Finished area below ground: 0
Property
Parking
- Parking features: Alley Access, No Garage, Off Street
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Back Yard,Fenced,Privacy
Lot
- Size: 2,191 sqft
Details
- Parcel number: W0000440023
- Zoning description: R-63
- Other equipment: Air Purifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Roof: Flat,Rubber
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Richmond
- Subdivision: None
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $505,000-5.6%$262/sqft |
Source:  CVRMLS #2530753 Report a problem | ||
| 12/1/2025 | Pending sale | $535,000$278/sqft |
Source: CVRMLS #2530753 Report a problem | ||
| 11/5/2025 | Listed for sale | $535,000+84.5%$278/sqft |
Source: CVRMLS #2530753 Report a problem | ||
| 3/21/2006 | Sold | $290,000+129.2%$151/sqft |
Source: Public Record Report a problem | ||
| 9/16/2004 | Sold | $126,500$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,360 +7.1% | $530,000 +7.1% |
| 2024 | $5,940 +4.7% | $495,000 +4.7% |
| 2023 | $5,676 | $473,000 |
| 2022 | $5,676 +19.4% | $473,000 +28.9% |
| 2021 | $4,754 +12.2% | $367,000 +4% |
| 2020 | $4,236 +7% | $353,000 +7% |
| 2019 | $3,960 +9.3% | $330,000 +9.3% |
| 2018 | $3,624 +10.4% | $302,000 +3.8% |
| 2017 | $3,283 | $291,000 +8.6% |
| 2016 | $3,283 | $268,000 +1.5% |
| 2015 | $3,283 | $264,000 -4.3% |
| 2014 | $3,283 | $276,000 |
| 2013 | -- | $276,000 |
| 2012 | -- | $276,000 -4.2% |
| 2011 | -- | $288,000 |
| 2010 | -- | $288,000 -1.7% |
| 2009 | -- | $292,900 |
| 2008 | -- | $292,900 |
| 2007 | -- | $292,900 +7.3% |
| 2006 | -- | $273,000 +446% |
| 2005 | -- | $50,000 -7.4% |
| 2003 | -- | $54,000 +101.5% |
| 2002 | -- | $26,800 +19.1% |
| 2001 | $322 | $22,500 |
Find assessor info on the county website
Neighborhood: The Fan
Nearby schools
GreatSchools rating
- 7/10William Fox Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 1/10Binford Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 2.5 mi
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.
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Estimated market value
$522,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$522,900
- Virginia
- Richmond City
- Richmond
- 23220
- The Fan
- 1237 W Cary St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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