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For sale
    • Price cut: $18.1K (7/15)
    $599,950

    2603 W Grace St, Richmond, VA 23220

    2beds
    3baths
    1,518sqft
    : 
    $3,913/mo
    Get pre-qualified
    Triplex, Multi Family, Multi Family
    Built in 1958
    -- sqft lot
    $585,100 Zestimate®
    $395/sqft
    $-- HOA

    What's special

    Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.
    191 days
    |
    567
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Boykin 804-467-8637,

    ERA Woody Hogg & Assoc 804-559-4644,

    Woody Hogg 804-357-0969,

    ERA Woody Hogg & Assoc

    Source: CVRMLS,MLS#: 2601767MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      Appliances
      • Included: Gas Water Heater
      Features
      • Bedroom on Main Level
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total interior livable area: 1,518 sqft

      Property

      Parking
      • Parking features: Alley Access, Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Exterior features: Awning(s), Lighting, Storage, Shed
      • Fencing: None
      Lot
      • Size: 4,904 Square Feet
      Details
      • Parcel number: W0001169012
      • Zoning description: R-48

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Triplex, Multi Family, Multi Family
      Materials
      • Brick, Drywall, Frame, Plaster
      • Roof: Metal,Shingle
      Condition
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $395/sqft
      • Tax assessed value: $514,000
      • Annual tax amount: $6,168
      • Date on market: 1/18/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $585,100

        $556,000 - $614,000

        $2,344/mo

        Price history

        DateEventPrice
        7/15/2026Price change$599,950-2.9%$395/sqft
        Source: CVRMLS #2601767 Report a problem
        1/21/2026Listed for sale$618,000+5.6%$407/sqft
        Source: CVRMLS #2601767 Report a problem
        10/7/2025Listing removed$585,000$385/sqft
        Source: CVRMLS #2428193 Report a problem
        3/14/2025Price change$585,000-2.5%$385/sqft
        Source: CVRMLS #2428193 Report a problem
        10/26/2024Listed for sale$600,000$395/sqft
        Source: CVRMLS #2428193 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/21/2019Listing removed$900$1/sqft
        Source: Owner Report a problem
        8/2/2019Price change$900-5.3%$1/sqft
        Source: Owner Report a problem
        7/12/2019Price change$950-5%$1/sqft
        Source: Owner Report a problem
        4/24/2019Listed for rent$1,000+11.1%$1/sqft
        Source: Owner Report a problem
        8/9/2018Listing removed$900$1/sqft
        Source: Owner Report a problem
        7/24/2018Listed for rent$900$1/sqft
        Source: Owner Report a problem
        5/10/2018Listing removed$900$1/sqft
        Source: Owner Report a problem
        3/23/2018Listed for rent$900$1/sqft
        Source: Owner Report a problem
        7/4/2017Listing removed$900$1/sqft
        Source: Owner Report a problem
        5/28/2017Listed for rent$900$1/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: The Fan

        Getting around

        89 / 100
        Very Walkable
        48 / 100
        Some Transit
        83 / 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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