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Sold for $640,000
  • $640,000

    2000 W Grace St, Richmond, VA 23220

    4beds
    4baths
    3,420sqft
    Condominium, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $4,843 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,843/mo

    Zestimate® history
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    What's special

    Individual fridgesRadiant heat
    Exceptional Investment Opportunity in the Fan! A rare chance for savvy investors to acquire a fully rented six-unit apartment building in the W Grace street historic district. Each unit has one bedroom, one bath, with individual fridges, oven/stoves, and AC window units. Tenants benefit from separate electric meters. The owner covers water, sewer, trash, and gas (including radiant heat & hot water), ensuring ease of maintenance. The building includes a shared washer/dryer in the hallway, adding convenience for residents. Perfectly located at the corner of Grace and Meadow, this property is in high demand due to its proximity to VCU/MCV as well as being in walking distance to all things “Fan." Its strategic position ensures a steady income stream. Easy to rent and manage, it's an ideal opportunity for investors seeking a profitable and straightforward venture in a lively neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Small 804-350-0879,

    Small & Associates

    Bought with:

    Christy Bowman, 0225241207

    Harris & Assoc, Inc

    Source: CVRMLS,MLS#: 2400543MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Ceiling Fan(s), High Ceilings
    • Basement: Dirt Floor
    • Attic: None
    Interior area
    • Total interior livable area: 3,420 sqft

    Property

    Features
    • Patio & porch: Front Porch
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 3,497 sqft
    Details
    • Parcel number: W0000911030
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian,Low Rise
    • Property subtype: Condominium, Multi Family
    Materials
    • Brick
    • Roof: Slate
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Richmond
    • Subdivision: None

    Other

    Other facts
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    3/29/2024Sold$640,000-7.9%$187/sqft
    Source: CVRMLS #2400543 Report a problem
    2/3/2024Pending sale$695,000$203/sqft
    Source: CVRMLS #2400543 Report a problem
    1/30/2024Price change$695,000-7.3%$203/sqft
    Source: CVRMLS #2400543 Report a problem
    1/19/2024Listed for sale$749,950$219/sqft
    Source: CVRMLS #2400543 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,860 -10%$655,000 -10%
    2024$8,736 $728,000
    2023$8,736 $728,000
    2022$8,736 +15.9%$728,000 +15.9%
    2021$7,536 $628,000
    2020$7,536 +70.7%$628,000 +70.7%
    2019$4,416 $368,000
    2018$4,416 +6.1%$368,000
    2017$4,164 $368,000
    2016$4,164 $368,000 +3.1%
    2015$4,164 $357,000 +2.9%
    2014$4,164 $347,000
    2013-- $347,000
    2012-- $347,000 +4.2%
    2010-- $333,000 -3.5%
    2009-- $345,100 -7.8%
    2007-- $374,300 +14.6%
    2006-- $326,600 +15%
    2005-- $284,100 +23%
    2003-- $231,000 +32%
    2002-- $175,000 +22%
    2001$2,052 $143,500

    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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