ocated in the heart of Manchester, 1416 Porter Street presents an outstanding investment opportunity with this well-maintained duplex featuring two spacious 2-bedroom, 2-bathroom units. One unit is already leased, providing immediate rental income, while the second is vacant and move-in ready, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to maximize returns. Each unit offers an open-concept floor plan with soaring ceilings, hardwood flooring in the main living areas, modern kitchens with stainless steel appliances, abundant cabinetry, and spacious bedrooms. Outside, residents enjoy large covered rear porches overlooking a generously sized fenced backyard, along with ample off-street parking—a rare amenity in the city. Just minutes from downtown Richmond and within walking distance of Manchester's thriving restaurants, breweries, parks, and entertainment, this turnkey property offers the perfect blend of cash flow, flexibility, and long-term appreciation potential.
11 days
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503
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29
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Zillow last checked:
Listing updated:
Listed by:
Will Hymes804-928-2034,
Monroe Properties804-643-3098,
Christopher Blake804-363-9177,
Monroe Properties
Source: CVRMLS,MLS#: 2618363Originating MLS: Central Virginia Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Features
Basement: Crawl Space
Attic: None
Interior area
Total interior livable area: 2,384 sqft
Property
Parking
Parking features: Off Street
Features
Levels: Two
Stories: 2
Patio & porch: Balcony, Deck, Front Porch
Fencing: Back Yard
Lot
Size: 5,096 Square Feet
Details
Parcel number: S0000154006
Construction
Type & style
Home type: MultiFamily
Architectural style: Two Story
Property subtype: Duplex, Multi Family, Multi Family
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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