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Pending
  • $114,900

    2511 Redwood Ave, Richmond, VA 23223

    2beds
    698sqft
    : 
    $762/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $165/sqft
    $-- HOA

    What's special

    Welcome to 2511 Redwood Ave, an exceptional investor opportunity ready to deliver returns for its next owner. This 2-bedroom, 1-bath home offers 698 square feet of efficient, manageable space—perfect for a buy-and-hold rental, a value-add renovation, or a quick turnaround. Its compact footprint means lower maintenance and carrying costs while still delivering the layout renters consistently seek, making it a smart addition to any portfolio or an ideal entry point for first-time investors looking to break into the market. Situated in a well-connected Richmond neighborhood, this property places you within easy reach of local shopping, dining, schools, and major commuter routes—the kind of steady demand savvy investors look for, whether targeting renters or future resale. With strong bones and clear upside potential, 2511 Redwood Ave is ready for its new owner to step in and start building wealth. Don't miss your chance to secure this opportunity—schedule your showing today!
    84 days
    |
    17
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryson Daniels 240-604-7355,

    EXP Realty, LLC 804-729-5188

    Source: CVRMLS,MLS#: 2614438MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Other
      • Description: Tub & Shower
      • Level: First
      Heating
      • Electric, Natural Gas
      Cooling
      • Central Air
      Features
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total interior livable area: 698 sqft
      • Finished area above ground: 698
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Details
      • Parcel number: E0120333011
      • Special conditions: Estate

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Other, Vinyl Siding
      • Roof: Asphalt
      Condition
      • Resale
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Glen Lea Heights
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $165/sqft
      • Tax assessed value: $111,000
      • Annual tax amount: $1,272
      • Date on market: 5/28/2026
      • Ownership: Estate

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,467/mo

        Price history

        DateEventPrice
        5/30/2026Pending sale$114,900$165/sqft
        Source: CVRMLS #2614438 Report a problem
        5/28/2026Listed for sale$114,900+325.6%$165/sqft
        Source: CVRMLS #2614438 Report a problem
        3/8/2002Sold$27,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,272 +5%$106,000 +5%
        2024$1,212 +8.6%$101,000 +8.6%
        2023$1,116 $93,000
        2022$1,116 +36.8%$93,000 +36.8%
        2021$816 +13.3%$68,000 +13.3%
        2020$720 +3.4%$60,000 +3.4%
        2019$696 +5.5%$58,000 +5.5%
        2018$660 +10%$55,000
        2017$600 $55,000 +5.8%
        2016$600 $52,000
        2015$600 $52,000 +4%
        2014$600 $50,000
        2013-- $50,000 -3.8%
        2012-- $52,000 -11.9%
        2011-- $59,000
        2010-- $59,000 +0.9%
        2009-- $58,500 +24.2%
        2008-- $47,100 +2.2%
        2007-- $46,100
        2006-- $46,100 +12.7%
        2005-- $40,900 +17.9%
        2003-- $34,700 +3%
        2002-- $33,700
        2001$482 $33,700
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Eastview

        Getting around

        58 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Woodville
        • Middle: Martin Luther King Jr.
        • High: Armstrong

        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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