For sale

$985,000

1505 Grove Ave, Richmond, VA 23220

5beds

4baths

3,337sqft

$6,667/mo

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Triplex, Multi Family, Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$295/sqft

$-- HOA

What's special

Hardwood floors throughoutLeaded glass windows

This fantastic triplex sits on one of the most picturesque blocks of Grove Avenue in the historic Fan District. Perfect for owner-occupied 1st floor with 2 income-producing units upstairs. Wonderful original details including large front porch with handsome columns, leaded glass windows, hardwood floors throughout, over 3300 square feet of living space including an attic loft space in one unit. Great rental history. Lovingly maintained building that could also be an easy conversion back to Single Family for anyone wanting a showcase historic home. Walkable neighborhood surrounded by dozens of restaurants and amenities. Just a few blocks from VCU campus, 8 minutes to MCV and downtown. 10 minutes from Carytown and near West End. Excellent rental history and highly desirable!

52 days
751
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Appliances

Included: Gas Water Heater

Features

High Ceilings
Basement: Full
Attic: Partially Finished

Interior area

Total interior livable area: 3,337 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Fencing: None
Has view: Yes
View description: City

Lot

Size: 3,192 Square Feet

Details

Parcel number: W0000608012
Zoning description: R-6

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Triplex, Multi Family, Multi Family

Materials

Brick, Plaster
Roof: Flat

Condition

Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Richmond

Financial & listing details

Price per square foot: $295/sqft
Tax assessed value: $879,000
Annual tax amount: $10,020
Date on market: 9/23/2026
Ownership: Individuals
Ownership type: Sole Proprietor

Estimated market value

Not available

Estimated sales range

Not available

$4,605/mo

Price history

Date	Event	Price
9/24/2026	Listed for sale	$985,000+146.3%$295/sqft
Source: CVRMLS #2625033 Report a problem
5/31/2019	Listing removed	$1,550
Source: Owner Report a problem
5/4/2019	Listed for rent	$1,550
Source: Zillow Rental Manager Report a problem
10/1/2004	Sold	$399,950$120/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,020 +10.3%	$835,000 +10.3%
2024	$9,084 +1.3%	$757,000 +1.3%
2023	$8,964	$747,000
2022	$8,964 +25.8%	$747,000 +25.8%
2021	$7,128 +1.4%	$594,000 +1.4%
2020	$7,032 +3.5%	$586,000 +3.5%
2019	$6,792 +22%	$566,000 +22%
2018	$5,568 +31.4%	$464,000 +7.7%
2017	$4,236	$431,000 +4.4%
2016	$4,236	$413,000 +5.6%
2015	$4,236	$391,000 +10.8%
2014	$4,236	$353,000 +8%
2013	--	$327,000
2012	--	$327,000 -7.9%
2011	--	$355,000
2010	--	$355,000 -2.4%
2009	--	$363,900 -11.4%
2008	--	$410,800
2007	--	$410,800 -8%
2006	--	$446,600 +14.2%
2005	--	$391,000 -3.2%
2003	--	$403,800 +34.3%
2002	--	$300,700 +22%
2001	$3,525	$246,500