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For sale
  • Price cut: $71.1K (6/23)
    $998,900

    2034 W Grace St, Richmond, VA 23220

    8beds
    4baths
    5,703sqft
    : 
    $6,515/mo
    Get pre-qualified
    Duplex, Multi Family, Multi Family
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Balcony accessHistoric architectural characterDedicated laundryInterior and exterior paintingPressure washingMultiple bedrooms and bathsSeparate dining spaces
    2034 W. Grace Street | The Fan | Richmond, VA 2034 W. Grace Street presents a rare opportunity to acquire an entire duplex property on one of The Fan’s most established and walkable blocks. Built in 1908, this substantial two-family Richmond property offers historic architectural character, generous scale, and flexible ownership options in a prime city location. The property is listed with approximately 5,000 square feet, and a 4,445-square-foot lot. Giving yuo two large apartments with 4 bedrooms and 2 baths each. The building is well suited for an investor, an owner-occupant seeking rental income, or a long-term hold in one of Richmond’s most desirable urban neighborhoods. Interior spaces include large formal and informal living areas, separate dining spaces, multiple bedrooms and baths, dedicated laundry, balcony access, and additional storage. The layout supports comfortable residential use while preserving the flexibility expected from a Fan duplex. Meaningful pre-market improvements have already been completed or are underway, including plaster repair, interior and exterior painting, updated lighting, landscaping, pressure washing, and detailed cleaning. One new lease is already in place, while the upper unit offers strong potential for an owner-occupant or an additional rental opportunity. The location is a key part of the value. The property sits in Richmond’s Fan neighborhood with a reported walkability score of 97 out of 100, near neighborhood restaurants, shopping, VCU, museums, and downtown Richmond. 2034 W. Grace Street is a compelling Richmond multifamily opportunity with scale, presence, income potential, and long-term flexibility in a proven city location.
    51 days
    |
    1,288
    |
    68
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Small 804-350-0879,

    PARK 27 804-353-1250

    Source: CVRMLS,MLS#: 2615451MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Features
      • Bay Window, Granite Counters
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total interior livable area: 5,703 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned, No Garage, Off Street, On Street
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: City
      Lot
      • Size: 4,443 Square Feet
      • Dimensions: 31.75 x 140
      Details
      • Parcel number: W0000911047
      • Zoning description: R-48

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial,Two Story
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Brick, Drywall, Mixed, Plaster
      • Roof: Metal,Other,Rubber
      Condition
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $788,000
      • Annual tax amount: $9,456
      • Date on market: 6/5/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,115/mo

        Price history

        DateEventPrice
        6/23/2026Price change$998,900-6.6%$175/sqft
        Source: CVRMLS #2615451 Report a problem
        6/6/2026Listed for sale$1,069,950+169.5%$188/sqft
        Source: CVRMLS #2615451 Report a problem
        5/14/2014Listing removed$1,795
        Source: Zillow Rental Network Report a problem
        5/1/2014Listed for rent$1,795
        Source: Dodson Property Management Report a problem
        6/13/2005Sold$397,000+100.5%$70/sqft
        Source: Public Record Report a problem
        11/4/1999Sold$198,000+1000%$35/sqft
        Source: Public Record Report a problem
        2/26/1997Sold$18,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,456 +7.4%$788,000 +7.4%
        2024$8,808 +4.6%$734,000 +4.6%
        2023$8,424 $702,000
        2022$8,424 +20.2%$702,000 +20.2%
        2021$7,008 +1%$584,000 +1%
        2020$6,936 +3.8%$578,000 +3.8%
        2019$6,684 +15.8%$557,000 +15.8%
        2018$5,772 +19.1%$481,000 +3.9%
        2017$4,848 $463,000 +2.9%
        2016$4,848 $450,000 +8.2%
        2015$4,848 $416,000 +3%
        2014$4,848 $404,000 +1.3%
        2013-- $399,000
        2012-- $399,000 -5%
        2011-- $420,000
        2010-- $420,000 -3%
        2009-- $432,800
        2008-- $432,800 -13.4%
        2007-- $500,000
        2006-- $500,000 +52.8%
        2005-- $327,200 +23%
        2003-- $266,000 -1.5%
        2002-- $270,000 +19%
        2001$3,245 $226,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: The Fan

        Getting around

        91 / 100
        Walker's Paradise
        47 / 100
        Some Transit
        88 / 100
        Very Bikeable

        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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