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Sold for $862,000
  • $862,000

    1908 Parkwood Ave, Richmond, VA 23220

    8beds
    4baths
    3,504sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $246/sqft
    $3,331 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,331/mo

    Zestimate® history
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    What's special

    Located in the heart of Richmond’s historic Fan District, this purpose-built quadplex offers an exceptional investment opportunity in one of the city’s most desirable neighborhoods. Each of the four spacious two bedroom units features central air, updated kitchens, in-unit washer/dryer, and off-street parking — a rare amenity in the Fan. Recent capital improvements enhance both tenant satisfaction and long-term value, including: • Full roof replacement • One new HVAC unit • Repainting of exterior front façade • Replacement of rear sheathing with new vinyl siding • Replacement of exterior decking and other woodwork Interior upgrades include: One South Commercial is pleased to present the exclusive listing for 1908 Parkwood Avenue, Richmond, VA. • All walls in every unit repaired and freshly painted • Four bathtub resurfacings, one full tub replacement • One complete and one partial bathroom renovation • Replacement of one bathroom floor and tile • One kitchen floor replacement • One toilet replacement • Multiple appliance upgrades including ranges, refrigerators, microwaves, washer/dryer units, and ceiling fans • New smoke detectors installed in all units • One window replacement This well-maintained quadplex offers strong rental appeal with modern conveniences, historic charm, and a prime location. Whether you’re an investor seeking a turnkey multifamily asset or looking to add a solid performer to your portfolio, 1908 Parkwood Avenue is an opportunity not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Sledd 804-307-4060,

    One South Commercial LLC,

    Thomas Rosman 804-539-3017,

    One South Commercial LLC

    Bought with:

    NON MLS USER MLS

    NON MLS OFFICE

    Source: CVRMLS,MLS#: 2515434MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Features
    • Basement: Crawl Space
    • Attic: None
    Interior area
    • Total interior livable area: 3,504 sqft

    Property

    Parking
    • Parking features: No Garage, Off Street
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,688 Square Feet
    Details
    • Parcel number: W0000849015
    • Zoning description: R-7

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $759,000
    • Annual tax amount: $8,544
    • Date on market: 7/21/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    10/22/2025Sold$862,000-1.9%$246/sqft
    Source: CVRMLS #2515434 Report a problem
    9/4/2025Pending sale$879,000$251/sqft
    Source: CVRMLS #2515434 Report a problem
    7/10/2025Price change$879,000-1.8%$251/sqft
    Source: CVRMLS #2515434 Report a problem
    6/3/2025Listed for sale$895,000+43.2%$255/sqft
    Source: CVRMLS #2515434 Report a problem
    2/2/2021Sold$625,000+184.1%$178/sqft
    Source: Public Record Report a problem
    3/23/2018Sold$220,000-37.1%$63/sqft
    Source: Public Record Report a problem
    9/17/2011Listing removed$350,000$100/sqft
    Source: East Coast Realty & Relocation #1111688 Report a problem
    7/21/2011Listed for sale$350,000$100/sqft
    Source: East Coast Realty & Relocation #1111688 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,108 +6.6%$759,000 +6.6%
    2024$8,544 +4.2%$712,000 +4.2%
    2023$8,196 $683,000
    2022$8,196 +31.3%$683,000 +31.3%
    2021$6,240 +2.6%$520,000 +2.6%
    2020$6,084 +5.2%$507,000 +5.2%
    2019$5,784 +1.7%$482,000 +1.7%
    2018$5,688 +45%$474,000 +32.8%
    2017$3,924 $357,000 +6.9%
    2016$3,924 $334,000 +0.3%
    2015$3,924 $333,000 +1.8%
    2014$3,924 $327,000
    2013-- $327,000 -5.2%
    2012-- $345,000 +3.6%
    2011-- $333,000
    2010-- $333,000
    2009-- $333,000
    2008-- $333,000
    2007-- $333,000 +30.1%
    2006-- $256,000 +106.6%
    2005-- $123,900 +5%
    2003-- $118,000 +98.3%
    2002-- $59,500 +19%
    2001$715 $50,000
    Find assessor info on the county website

    Neighborhood: The Fan

    Nearby schools

    GreatSchools rating
    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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