Rare opportunity to own an iconic Fan Corner Storefront with a bright, sunny apartment above. This mixed-use commercial and residential property perfectly bridges the charming Park Ave. homes with the lively shops and cafes of Strawberry Street. A reliable commercial tenant with a lease through August 2028 brings in steady income of $1,440 per month, while the second floor operates as an Airbnb earning between $2,000 and $4,500 monthly. The upstairs space could serve as a primary home, long-term rental, home office, or the ultimate Fan pied-à-terre. Tall glass storefront windows and a metal tray ceiling hint at endless retail potential. In real estate, location is everything—and this one can't be beat.
Sold for $505,000
$505,000
2227 Park Ave, Richmond, VA 23220
1beds
2baths
1,230sqft
Duplex, Multi Family, Multi Family
Built in 1915
-- sqft lot
$520,100 Zestimate®
$411/sqft
$2,252 Estimated rent
Home value
$520,100
$494,000 - $546,000
$2,252/mo
Zestimate® history
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$3,182/mo
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Zillow last checked:
Listing updated:
Listed by:
George Cumming (804)334-2251,
Long & Foster REALTORS
Bought with:
Michael Duncan, 0225214389
Degratia Realty
Source: CVRMLS,MLS#: 2607003
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
Appliances
- Included: Water Heater
- Laundry: Dryer Hookup
Features
- Dining Area, Eat-in Kitchen, High Ceilings
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 1,230 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,158 Square Feet
- Features: Irregular Lot, Zero Lot Line
Details
- Parcel number: W0001004001
- Zoning description: R-6
- Special conditions: Corporate Listing
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Other
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $476,000
- Annual tax amount: $5,712
- Date on market: 4/22/2026
- Ownership: Corporate
- Ownership type: Corporation
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $505,000-7.3%$411/sqft |
Source:  CVRMLS #2607003 Report a problem | ||
| 5/15/2026 | Pending sale | $545,000$443/sqft |
Source: CVRMLS #2607003 Report a problem | ||
| 3/22/2026 | Listed for sale | $545,000-3.5%$443/sqft |
Source: CVRMLS #2607003 Report a problem | ||
| 8/28/2025 | Listing removed | $565,000$459/sqft |
Source:  Long & Foster Broker Feed #2516501 Report a problem | ||
| 7/17/2025 | Price change | $565,000-1.7%$459/sqft |
Source: CVRMLS #2516501 Report a problem | ||
| 6/14/2025 | Listed for sale | $575,000+19.8%$467/sqft |
Source: CVRMLS #2516501 Report a problem | ||
| 7/22/2022 | Sold | $480,000-12.7%$390/sqft |
Source: CVRMLS #2208631 Report a problem | ||
| 6/3/2022 | Pending sale | $550,000$447/sqft |
Source: CVRMLS #2208631 Report a problem | ||
| 4/25/2022 | Listed for sale | $550,000$447/sqft |
Source: CVRMLS #2208631 Report a problem | ||
| 4/5/2022 | Pending sale | $550,000$447/sqft |
Source: CVRMLS #2208631 Report a problem | ||
| 2/22/2022 | Listed for sale | $550,000+83.3%$447/sqft |
Source: CVRMLS #2204349 Report a problem | ||
| 9/5/2012 | Sold | $300,000+31%$244/sqft |
Source: CVRMLS #1208893 Report a problem | ||
| 5/21/2007 | Sold | $229,000+1.8%$186/sqft |
Source: Public Record Report a problem | ||
| 2/1/2007 | Sold | $225,000$183/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,712 | $476,000 |
| 2024 | $5,712 +41.7% | $476,000 +41.7% |
| 2023 | $4,032 | $336,000 |
| 2022 | $4,032 +7% | $336,000 +7% |
| 2021 | $3,768 | $314,000 |
| 2020 | $3,768 | $314,000 |
| 2019 | $3,768 | $314,000 |
| 2018 | $3,768 +8.3% | $314,000 |
| 2017 | $3,480 | $314,000 |
| 2016 | $3,480 | $314,000 +5% |
| 2015 | $3,480 | $299,000 |
Find assessor info on the county website
Neighborhood: The Fan
Nearby homes
- $523,8001 bd1 ba670 sqft431 Strawberry St, Richmond, VA 23220Off Market
- $---- bd-- ba-- sqft429 Strawberry St, Richmond, VA 23220Off Market
- $636,1003 bd2 ba1.5k sqft2225 Park Ave, Richmond, VA 23220Off Market
- $647,900-- bd-- ba1.6k sqft2223 Park Ave, Richmond, VA 23220Off Market
- $366,0001 bd1 ba800 sqft2223 Park Ave #A, Richmond, VA 23220Off Market
- $709,6003 bd2 ba1.5k sqft2221 Park Ave, Richmond, VA 23220Off Market
- $650,000-- bd-- ba1.8k sqft427 Strawberry St, Richmond, VA 23220Sold
- $--2 bd1 ba1k sqft427 Strawberry St #A, Richmond, VA 23220Off Market
Nearby schools
GreatSchools rating
- 7/10William Fox Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10Binford Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Fox
- Middle: Dogwood
- High: John Marshall
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
$520,100
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
$520,100
- Virginia
- Richmond City
- Richmond
- 23220
- The Fan
- 2227 Park Ave
Nearby cities
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