Wonderful investor opportunity just minutes from VCU! This well-maintained duplex offers two off-street parking spaces and strong rental potential. The first-floor unit features 2 bedrooms and 1 bath and is currently vacant—perfect for immediate occupancy or leasing. The second-floor unit offers 3 bedrooms and 1 bathroom, with a tenant scheduled to move in on August 31, 2026.
The downstairs unit showcases a beautifully updated full bathroom (2018) with stylish herringbone tile flooring, a stone vanity countertop, and a thoughtfully designed marble tile surround on three of the fireplaces. The upstairs unit includes stainless steel kitchen appliances, updated alongside the addition of modern recessed lighting.
Enjoy outdoor living with a charming paver patio in the backyard—ideal for relaxing or entertaining. Major systems, including the roof, water heaters, and HVAC, have all been updated for added peace of mind.
Please allow 72 hours’ notice for showings of the leased unit.
Sold for $649,000
$649,000
1621 W Grace St, Richmond, VA 23220
5beds
2baths
2,790sqft
Townhouse, Duplex, Multi Family, Multi Family, Single Family Residence
Built in 1910
2,940 Square Feet Lot
$681,100 Zestimate®
$233/sqft
$3,361 Estimated rent
Home value
$681,100
$647,000 - $715,000
$3,361/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dustin Olverson 804-720-1286,
EXP Realty LLC,
Margarita Olverson 520-335-5702,
EXP Realty LLC
Bought with:
UNREPRESENTED BUYER
NON MLS OFFICE
Source: CVRMLS,MLS#: 2611790
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Appliances
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Ceiling Fan(s), High Speed Internet, Laminate Counters, Wired for Data
- Basement: Partial
- Attic: None
Interior area
- Total interior livable area: 2,790 sqft
Property
Parking
- Parking features: Alley Access, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Back Yard,Fenced,Wood
Lot
- Size: 2,940 Square Feet
Details
- Parcel number: W0000735021
- Zoning description: R-48
Construction
Type & style
- Home type: Townhouse
- Architectural style: Row House,Two Story
- Property subtype: Townhouse, Duplex, Multi Family, Multi Family, Single Family Residence
Materials
- Brick
- Roof: Rubber,Slate
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: $233/sqft
- Tax assessed value: $588,000
- Annual tax amount: $7,056
- Date on market: 6/18/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Sold | $649,000-4.4%$233/sqft |
Source:  CVRMLS #2611790 Report a problem | ||
| 5/15/2026 | Pending sale | $679,000$243/sqft |
Source: CVRMLS #2611790 Report a problem | ||
| 5/7/2026 | Listed for sale | $679,000+18.1%$243/sqft |
Source: CVRMLS #2611790 Report a problem | ||
| 8/5/2025 | Listing removed | $2,350$1/sqft |
Source: CVRMLS #2518316 Report a problem | ||
| 6/30/2025 | Listed for rent | $2,350-2.1%$1/sqft |
Source: CVRMLS #2518316 Report a problem | ||
| 4/1/2024 | Listing removed | -- |
Source: CVRMLS #2402954 Report a problem | ||
| 2/10/2024 | Listed for rent | $2,400+26.6%$1/sqft |
Source: CVRMLS #2402954 Report a problem | ||
| 2/16/2023 | Sold | $575,000$206/sqft |
Source: CVRMLS #2228033 Report a problem | ||
| 12/28/2022 | Pending sale | $575,000$206/sqft |
Source: CVRMLS #2228033 Report a problem | ||
| 11/9/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/2/2022 | Price change | $575,000-4%$206/sqft |
Source: CVRMLS #2228033 Report a problem | ||
| 10/14/2022 | Listed for rent | $1,895+26.8%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/12/2022 | Listed for sale | $599,000+30.2%$215/sqft |
Source: CVRMLS #2228033 Report a problem | ||
| 9/30/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/22/2021 | Listed for rent | $1,495$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/22/2020 | Sold | $460,000-4.2%$165/sqft |
Source: CVRMLS #2028951 Report a problem | ||
| 10/7/2020 | Pending sale | $479,950$172/sqft |
Source: The Steele Group #2028951 Report a problem | ||
| 9/22/2020 | Price change | $479,950-3%$172/sqft |
Source: The Steele Group #2028951 Report a problem | ||
| 9/3/2020 | Price change | $495,000-4.7%$177/sqft |
Source: The Steele Group #2022803 Report a problem | ||
| 8/18/2020 | Price change | $519,500-2%$186/sqft |
Source: The Steele Group #2022803 Report a problem | ||
| 8/6/2020 | Listed for sale | $530,000+75.1%$190/sqft |
Source: The Steele Group #2022803 Report a problem | ||
| 6/18/2004 | Sold | $302,723+113.2%$109/sqft |
Source: Public Record Report a problem | ||
| 8/2/2000 | Sold | $142,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,056 +7.7% | $588,000 +7.7% |
| 2024 | $6,552 +5.2% | $546,000 +5.2% |
| 2023 | $6,228 | $519,000 |
| 2022 | $6,228 +22.1% | $519,000 +22.1% |
| 2021 | $5,100 +1% | $425,000 +1% |
| 2020 | $5,052 +4.5% | $421,000 +4.5% |
| 2019 | $4,836 +13.2% | $403,000 +13.2% |
| 2018 | $4,272 +29.3% | $356,000 +2.9% |
| 2017 | $3,305 | $346,000 +2.7% |
| 2016 | $3,305 | $337,000 +9.4% |
| 2015 | $3,305 | $308,000 +1% |
| 2014 | $3,305 | $305,000 -1% |
| 2013 | -- | $308,000 |
| 2012 | -- | $308,000 |
| 2011 | -- | $308,000 |
| 2010 | -- | $308,000 -2.6% |
| 2009 | -- | $316,100 |
| 2008 | -- | $316,100 -11.5% |
| 2007 | -- | $357,100 +2.5% |
| 2006 | -- | $348,300 +52.2% |
| 2005 | -- | $228,800 +23% |
| 2003 | -- | $186,000 -21.9% |
| 2002 | -- | $238,100 +27.3% |
| 2001 | $2,674 | $187,000 |
Find assessor info on the county website
Neighborhood: The Fan
Nearby homes
- $--3 bd1 ba-- sqft1621 W Grace St APT 1, Richmond, VA 23220Off Market
- $750,2005 bd2 ba2.6k sqft1621 W Grace St APT 2, Richmond, VA 23220Off Market
- $715,0004 bd3 ba2.6k sqft1623 W Grace St, Richmond, VA 23220Sold
- $--2 bd1 ba1.2k sqft1623 W Grace St APT A, Richmond, VA 23220Off Market
- $--1 bd1 ba750 sqft1623 W Grace St APT B, Richmond, VA 23220Off Market
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- $--1 bd1 ba650 sqft1623 W Grace St APT C, Richmond, VA 23220Off Market
Nearby schools
GreatSchools rating
- 7/10William Fox Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 1/10Binford Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Fox
- Middle: Martin Luther King Jr.
- 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
$681,100
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Estimated market value
$681,100
- Virginia
- Richmond City
- Richmond
- 23220
- The Fan
- 1621 W Grace St
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