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Sold for $750,000
  • $750,000

    2711 W Grace St, Richmond, VA 23220

    4beds
    4baths
    2,716sqft
    Triplex, Multi Family, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $276/sqft
    $4,343 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,343/mo

    Zestimate® history
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    What's special

    Elegant tileSecure storageHigh ceilingsClassic hardwood floors
    Discover a rare gem in Richmond's vibrant Fan District with this charming triplex at 2711 W. Grace St. This property presents a unique blend of investment potential and classic living. The first floor houses two 1-bedroom, 1-bathroom units, each offering cozy living spaces. The second floor features a more spacious 2-bedroom, 2-bathroom unit, perfect for a small family or roommates with the potential for a third bedroom in the walkup attic. The two vacant units have been freshly painted, creating a bright and welcoming atmosphere. The interior boasts a mix of elegant tile and classic hardwood floors, complemented by high ceilings that add a sense of grandeur to the living spaces. A full basement provides convenient laundry facilities and secure storage, enhancing the functionality of this property and offering additional income. One of the 1-bedroom units is currently leased, offering immediate rental income. This is an excellent opportunity for investors looking for a property with a solid rental history or potential. Alternatively, it's ideal for someone seeking a unique living space with the added benefit of rental units. Outside, two parking spaces are available at the rear with alley access, adding to the convenience for residents. The location of this triplex is a significant draw, being in the heart of the Fan District. Residents will enjoy close proximity to a variety of local amenities, including shops, restaurants, and entertainment options, making it a highly desirable location. This property is not just a home; it's a lifestyle choice for those who appreciate the blend of modern living and historical charm that Richmond offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Jones 804-839-1515,

    Samson Properties

    Bought with:

    Mike Latimer, 0225206950

    Commonwealth Real Estate Co

    Source: CVRMLS,MLS#: 2400682MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Included: Gas Water Heater
    Features
    • Bedroom on Main Level, Granite Counters, High Ceilings
    • Basement: Common Basement,Full,Storage Space
    • Attic: Walk-up
    Interior area
    • Total interior livable area: 2,716 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Balcony, Rear Porch, Front Porch
    • Fencing: None
    Lot
    • Size: 3,153 Square Feet
    Details
    • Parcel number: W0001210016
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Triplex, Multi Family, Multi Family
    Materials
    • Brick, Plaster
    • Roof: Flat
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $276/sqft
    • Tax assessed value: $520,000
    • Annual tax amount: $6,240
    • Date on market: 1/30/2024
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    5/8/2024Sold$750,000-2%$276/sqft
    Source: CVRMLS #2400682 Report a problem
    4/9/2024Pending sale$765,000$282/sqft
    Source: CVRMLS #2400682 Report a problem
    3/28/2024Price change$765,000-4.4%$282/sqft
    Source: CVRMLS #2400682 Report a problem
    2/25/2024Price change$799,950-3%$295/sqft
    Source: CVRMLS #2400682 Report a problem
    1/30/2024Listed for sale$825,000+78.2%$304/sqft
    Source: CVRMLS #2400682 Report a problem
    2/15/2019Sold$462,950-7.4%$170/sqft
    Source: CVRMLS #1901025 Report a problem
    1/11/2019Listed for sale$499,950$184/sqft
    Source: One South Realty Group, LLC #1901025 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,676 +1.7%$723,000 +1.7%
    2024$8,532 +36.7%$711,000 +36.7%
    2023$6,240 $520,000
    2022$6,240 +18.5%$520,000 +18.5%
    2021$5,268 +0.2%$439,000 +0.2%
    2020$5,256 +3.8%$438,000 +3.8%
    2019$5,064 +16.9%$422,000 +16.9%
    2018$4,332 +24.5%$361,000 +7.1%
    2017$3,480 $337,000 +2.7%
    2016$3,480 $328,000 +9%
    2015$3,480 $301,000 +3.8%
    2014$3,480 $290,000 -0.3%
    2013-- $291,000
    2012-- $291,000 -8.2%
    2011-- $317,000
    2010-- $317,000 -2.6%
    2009-- $325,600 -11.6%
    2008-- $368,400 -2%
    2007-- $375,800 +17.3%
    2006-- $320,500 +14.3%
    2005-- $280,500 +23%
    2003-- $228,000 +9.1%
    2002-- $208,900 +19%
    2001$2,510 $175,500
    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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