Welcome to 1806 Binford Lane – a prime opportunity in a sought-after Richmond location. This property offers excellent potential for investors looking to expand their portfolio with a value-add opportunity. The home sits on a spacious lot in an established neighborhood, surrounded by strong rental demand and rising property values. Features include a functional layout with 3 bedrooms and 1 bath, original hardwood floors and ample natural light throughout. The property has strong rental potential with comparable homes in the area generating attractive returns. With its close proximity to downtown Richmond, VCU/MCV, shopping, dining, and major highways, this home is ideally positioned for both long-term tenants and short-term rental opportunities. Whether you’re looking for a profitable flip, a buy-and-hold rental, or your next renovation project, 1806 Binford Lane is ready to deliver. Don’t miss your chance to invest in one of Richmond’s thriving neighborhoods. This home is sold AS IS WHERE IS. Please verify schools.
Sold for $177,000
$177,000
1806 Binford Ln, Richmond, VA 23223
3beds
1,058sqft
Single Family Residence
Built in 1949
9,099 Square Feet Lot
$239,700 Zestimate®
$167/sqft
$1,667 Estimated rent
Home value
$239,700
$211,000 - $264,000
$1,667/mo
Zestimate® history
Owner options
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$1,667/mo
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$1,094/mo
Est. payment
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$1,094/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Oscarina Pollard 804-218-8626,
US Realty One Inc
Bought with:
Weldon Taylor, 0225058660
Virginia Capital Realty
Source: CVRMLS,MLS#: 2523022
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Shower
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Cooking, Electric Water Heater, Washer
Features
- Bedroom on Main Level
- Flooring: Partially Carpeted, Wood
- Basement: Crawl Space
- Attic: Access Only
- Has fireplace: No
Interior area
- Total interior livable area: 1,058 sqft
- Finished area above ground: 1,058
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, No Garage, Unpaved
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessibility Features, Grab Bars, Low Threshold Shower, Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Patio & porch: Stoop
- Exterior features: Unpaved Driveway
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 9,099 Square Feet
Details
- Parcel number: 8017302112
- Zoning description: R4
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Oak Hill
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $180,100
- Annual tax amount: $1,494
- Date on market: 12/24/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Listing removed | $1,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/9/2025 | Listed for rent | $1,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2025 | Sold | $177,000-6.8%$167/sqft |
Source:  CVRMLS #2523022 Report a problem | ||
| 9/13/2025 | Pending sale | $189,990$180/sqft |
Source: CVRMLS #2523022 Report a problem | ||
| 9/11/2025 | Price change | $189,990-9.5%$180/sqft |
Source: CVRMLS #2523022 Report a problem | ||
| 8/16/2025 | Listed for sale | $210,000$198/sqft |
Source: CVRMLS #2523022 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,495 +2.5% | $180,100 +5% |
| 2024 | $1,459 +17.9% | $171,600 +17.9% |
| 2023 | $1,237 +28.3% | $145,500 +28.3% |
| 2022 | $964 +6.7% | $113,400 +9.2% |
| 2021 | $903 +12.5% | $103,800 +7% |
| 2020 | $803 +5.1% | $97,000 +5.1% |
| 2019 | $764 | $92,300 +5.1% |
| 2018 | $764 +104.4% | $87,800 +2.2% |
| 2017 | $374 -48.9% | $85,900 +2.3% |
| 2016 | $731 +10% | $84,000 |
| 2015 | $664 | $84,000 |
| 2014 | $664 | $84,000 |
| 2013 | -- | $84,000 -7.4% |
| 2012 | -- | $90,700 -3.1% |
| 2011 | -- | $93,600 |
| 2010 | -- | $93,600 -4.8% |
| 2009 | -- | $98,300 |
| 2008 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | $63,400 +14.4% |
| 2000 | -- | $55,400 |
Find assessor info on the county website
Neighborhood: 23223
Nearby homes
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Nearby schools
GreatSchools rating
- 2/10Ratcliffe Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10L. Douglas Wilder Middle SchoolGrades: 6-8Distance: 4.2 mi
- 2/10Henrico High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Ratcliffe
- Middle: Douglas Wilder
- High: Henrico
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
$239,700
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
$239,700
- Virginia
- Henrico County
- East Highland Park
- 23223
- 1806 Binford Ln
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