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Sold for $625,000
  • $625,000

    3216 W Franklin St, Richmond, VA 23221

    4beds
    2baths
    1,846sqft
    Duplex, Multi Family, Multi Family
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $339/sqft
    $3,096 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,096/mo

    Zestimate® history
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    What's special

    Beautiful tree-lined streetClassic white brick duplexStorage shedDining areaWasher and dryerSmall outdoor seating area
    Located in the heart of Richmond’s highly desirable Museum District, 3216 West Franklin St presents an excellent rental investment opportunity in one of the city’s most walkable and sought-after neighborhoods. This classic white brick duplex offers approximately 1,846 square feet and features two spacious units, each with 2 bedrooms and 1 bathroom. Unit A Is located upstairs and unit B is located downstairs. Positioned on a beautiful tree-lined street with sidewalks that connect to some of Richmond’s most vibrant areas, the property is just moments from Carytown, Scott’s Addition, VCU, local restaurants, museums, and everyday conveniences. The building features a charming concrete front porch with both covered and uncovered seating areas, creating a welcoming entry for tenants and guests. Each apartment includes front and rear access, a comfortable living room, dining area, kitchen with gas 4-burner stove, washer and dryer, and multiple windows that provide great natural light. The upstairs unit includes hardwood floors, tall ceilings, crown molding details, and a front balcony overlooking the street, while the lower unit features durable LVP flooring throughout. The property also includes rear access to alley parking along with a small outdoor seating area and storage shed. With strong rental appeal thanks to its unbeatable location and practical layout, this duplex provides investors with a great opportunity to own income-producing real estate in one of Richmond’s most popular urban neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Strum (804)432-3408,

    Long & Foster REALTORS

    Bought with:

    Cory Metts, 0225221280

    Hometown Realty

    Source: CVRMLS,MLS#: 2605987MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Appliances
    • Included: Gas Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, High Ceilings, High Speed Internet, Laminate Counters, Cable TV, Wired for Data
    • Doors: Storm Door(s)
    • Windows: Screens, Thermal Windows
    • Basement: Common Basement
    • Attic: None
    Interior area
    • Total interior livable area: 1,846 sqft

    Property

    Parking
    • Parking features: Alley Access, Assigned, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Rear Porch, Front Porch
    • Exterior features: Lighting
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 3,624 Square Feet
    Details
    • Parcel number: W0001474026
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lee Annex
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $525,000
    • Annual tax amount: $6,300
    • Date on market: 5/3/2026
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    5/8/2026Sold$625,000$339/sqft
    Source: CVRMLS #2605987 Report a problem
    3/21/2026Pending sale$625,000$339/sqft
    Source: CVRMLS #2605987 Report a problem
    3/17/2026Listed for sale$625,000+25.3%$339/sqft
    Source: CVRMLS #2605987 Report a problem
    8/5/2021Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    7/20/2021Pending sale$499,000$270/sqft
    Source: CVRMLS #2119557 Report a problem
    6/25/2021Listed for sale$499,000+27.6%$270/sqft
    Source: CVRMLS #2119557 Report a problem
    12/28/2020Sold$391,000+43.2%$212/sqft
    Source: Public Record Report a problem
    5/7/2010Sold$273,000-5.8%$148/sqft
    Source: Public Record Report a problem
    4/3/2010Price change$289,950-3.3%$157/sqft
    Source: Tipper Williams #1001673 Report a problem
    1/18/2010Listed for sale$299,950+13.2%$162/sqft
    Source: Tipper Williams #1001673 Report a problem
    6/4/2007Sold$265,000+76.7%$144/sqft
    Source: Public Record Report a problem
    6/28/2002Sold$150,000+93.5%$81/sqft
    Source: Public Record Report a problem
    12/9/1998Sold$77,500$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,300 +4.4%$525,000 +4.4%
    2024$6,036 +5.9%$503,000 +5.9%
    2023$5,700 $475,000
    2022$5,700 +47.1%$475,000 +47.1%
    2021$3,876 +5.2%$323,000 +5.2%
    2020$3,684 +4.4%$307,000 +4.4%
    2019$3,528 +9.3%$294,000 +9.3%
    2018$3,228 +8.9%$269,000 +0.7%
    2017$2,964 $267,000 +5.5%
    2016$2,964 $253,000 +1.6%
    2015$2,964 $249,000 +0.8%
    2014$2,964 $247,000
    2013-- $247,000
    2012-- $247,000 +13.3%
    2011-- $218,000
    2010-- $218,000 -2.5%
    2009-- $223,600 -2.4%
    2008-- $229,100
    2007-- $229,100
    2006-- $229,100 +24.2%
    2005-- $184,500 +25.5%
    2003-- $147,000 +18.3%
    2002-- $124,300 -6.1%
    2001$1,893 $132,400
    Find assessor info on the county website

    Neighborhood: The Museum District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lois-Harrison Jones
    • Middle: Albert Hill
    • 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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