Renovated 1910’s Victorian triplex in the heart of Richmond’s iconic Fan District. Just blocks from the VCU campus, this triplex has maintained a strong history of 100% occupancy and offer value add opportunities through cosmetic upgrades. The property features two 1 bedroom and one 2 bedroom floor plans. These three apartments offer the charm and character of a historic home including beautiful hardwood floors and decorative fireplaces. Amenities include central air, washer/dryer and off street parking. Additionally, the units are individually metered for electricity.
Recent improvements include: Two new HVAC units (Unit A & C, 2024), new ventilation pipe for boiler/water heater, new exterior paint, new bathroom flooring (Unit C, 2024), Rebuilt Back Deck (2016). 1623 W Grace Street is a strong multi-family opportunity in
Richmond’s most premier neighborhood. This property is ideal for an investor looking to expand their portfolio or anyone looking to enter the multi-family market with true presence.
Sold for $715,000
$715,000
1623 W Grace St, Richmond, VA 23220
4beds
3baths
2,622sqft
Triplex, Multi Family, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$273/sqft
$3,691 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,691/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Isaac Weintz 804-404-3161,
One South Commercial LLC,
Justin Sledd 804-307-4060,
One South Commercial LLC
Bought with:
Paul Mallory, 0225242402
BHG Base Camp
Source: CVRMLS,MLS#: 2504204
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Basement: Partial
- Attic: None
Interior area
- Total interior livable area: 2,622 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,940 Square Feet
Details
- Parcel number: W0000735020
- Zoning description: R-48
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Brick
- Roof: Built-Up
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: $273/sqft
- Tax assessed value: $603,000
- Annual tax amount: $6,732
- Date on market: 9/2/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $715,000+15.3%$273/sqft |
Source: Public Record Report a problem | ||
| 7/10/2025 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Listed for rent | $1,100-17% |
Source: Zillow Rentals Report a problem | ||
| 3/28/2025 | Sold | $620,000-2.4%$236/sqft |
Source:  CVRMLS #2504204 Report a problem | ||
| 2/28/2025 | Pending sale | $635,000$242/sqft |
Source: CVRMLS #2504204 Report a problem | ||
| 2/20/2025 | Listed for sale | $635,000+9.7%$242/sqft |
Source: CVRMLS #2504204 Report a problem | ||
| 11/29/2021 | Listing removed | -- |
Source: CVRMLS #2117111 Report a problem | ||
| 10/13/2021 | Listed for sale | $579,000+103.2%$221/sqft |
Source: CVRMLS #2117111 Report a problem | ||
| 7/2/2020 | Listing removed | $1,325$1/sqft |
Source: Great Richmond rentals Report a problem | ||
| 5/8/2020 | Listed for rent | $1,325$1/sqft |
Source: Great Richmond rentals Report a problem | ||
| 4/5/2005 | Sold | $285,000+78.1%$109/sqft |
Source: Public Record Report a problem | ||
| 4/17/2001 | Sold | $160,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,236 +7.5% | $603,000 +7.5% |
| 2024 | $6,732 +5.3% | $561,000 +5.3% |
| 2023 | $6,396 | $533,000 |
| 2022 | $6,396 +21.7% | $533,000 +21.7% |
| 2021 | $5,256 +0.9% | $438,000 +0.9% |
| 2020 | $5,208 +4.1% | $434,000 +4.1% |
| 2019 | $5,004 +24.1% | $417,000 +24.1% |
| 2018 | $4,032 +33.3% | $336,000 +6.3% |
| 2017 | $3,024 | $316,000 +2.3% |
| 2016 | $3,024 | $309,000 +8.8% |
| 2015 | $3,024 | $284,000 +12.7% |
| 2014 | $3,024 | $252,000 -1.2% |
| 2013 | -- | $255,000 |
| 2012 | -- | $255,000 -7.6% |
| 2011 | -- | $276,000 |
| 2010 | -- | $276,000 -2.4% |
| 2009 | -- | $282,800 -10.8% |
| 2008 | -- | $317,100 -1.3% |
| 2007 | -- | $321,200 +16.8% |
| 2006 | -- | $275,000 +17.7% |
| 2005 | -- | $233,700 +23% |
| 2003 | -- | $190,000 +5.3% |
| 2002 | -- | $180,400 +19% |
| 2001 | $2,168 | $151,600 |
Find assessor info on the county website
Neighborhood: The Fan
Nearby homes
- $--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
- $--2 bd1 ba1.2k sqft1623 W Grace St #1, Richmond, VA 23220Off Market
- $--2 bd1 ba-- sqft1623 W Grace St #8549457, Richmond, VA 23220Off Market
- $--1 bd1 ba650 sqft1623 W Grace St APT C, Richmond, VA 23220Off Market
- $895,0004 bd2 ba3.5k sqft1625 W Grace St, Richmond, VA 23220Sold
- $--4 bd2 ba1.7k sqft1625 W Grace St #A, Richmond, VA 23220Off Market
- $--4 bd2 ba1.7k sqft1625 W Grace St #B, 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: 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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- Virginia
- Richmond City
- Richmond
- 23220
- The Fan
- 1623 W Grace St
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