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Sold for $630,500
  • $630,500

    3516 Floyd Ave, Richmond, VA 23221

    4beds
    2baths
    2,050sqft
    Duplex, Multi Family, Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $308/sqft
    $2,914 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,914/mo

    Zestimate® history
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    What's special

    Dishwasher in one unitBathroom vanities
    Welcome to 3516 Floyd Avenue, this duplex is conveniently located in the Museum District, one block from Carytown. Located directly across from Fresh Market, Chipotle, Publix, Starbucks, Burton’s Grill & Bar and much more. TWO UNITS, each comprised of 2 bedrooms, 1 bath, washer/dryer, hardwood floors throughout, and private deck/patio. Totals 2,050 SF. Recent rents were $1,685 and $1,700 per unit per month. Historically there has been 0 vacancy with rent increases including during the pandemic. Both units are currently vacant to allow maximum flexibility to buyers, whether they are seeking owner-occupancy, new leases with tenants of their choice, AirBnB rental, redevelopment into a single family home, or a combination. Seller is open to providing tenants at closing. Recent CapEx includes: HVAC (both); hot water tanks (both); roof (2020), and miscellaneous items (bathroom vanities, washer/dryer in one unit, dishwasher in one unit). Additional value-add possible through light remodel.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Nay 804-704-1944,

    River City Elite Properties - Real Broker

    Bought with:

    Andy Burch, 0225235440

    Taylor Homes

    Source: CVRMLS,MLS#: 2426823MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Appliances
    • Included: Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Bedroom on Main Level, Ceiling Fan(s), Dining Area, High Speed Internet, Main Level Primary, Wired for Data
    • Windows: Thermal Windows
    • Basement: Crawl Space
    • Attic: Access Only
    Interior area
    • Total interior livable area: 2,050 sqft

    Property

    Parking
    • Parking features: Driveway, Off Street, Unpaved
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Deck, Front Porch
    • Exterior features: Storage, Unpaved Driveway
    • Fencing: Back Yard,Chain Link,Fenced
    Lot
    • Size: 4,678 Square Feet
    Details
    • Parcel number: W0001602040
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Brick, Drywall, Frame
    • Roof: Shingle
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $559,000
    • Annual tax amount: $6,708
    • Date on market: 9/6/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    10/31/2024Sold$630,500-0.7%$308/sqft
    Source: CVRMLS #2426823 Report a problem
    10/17/2024Pending sale$635,000$310/sqft
    Source: CVRMLS #2426823 Report a problem
    10/12/2024Listed for sale$635,000+51.1%$310/sqft
    Source: CVRMLS #2426823 Report a problem
    4/30/2019Sold$420,250+58.6%$205/sqft
    Source: Public Record Report a problem
    1/12/2019Listing removed$1,050$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/12/2018Listed for rent$1,050$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/18/2011Listing removed$264,995$129/sqft
    Source: ZipRealty Inc. - Richmond, VA #1011987 Report a problem
    10/7/2010Listed for sale$264,995+23.3%$129/sqft
    Source: ZipRealty Inc. - Richmond, VA #1011987 Report a problem
    9/21/2010Sold$215,000-13.7%$105/sqft
    Source: Public Record Report a problem
    8/6/2010Price change$249,000-6%$121/sqft
    Source: ZipRealty, Inc. #1011987 Report a problem
    4/22/2010Listed for sale$264,995$129/sqft
    Source: ZipRealty, Inc. #1011987 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,020 +4.7%$585,000 +4.7%
    2024$6,708 +5.3%$559,000 +5.3%
    2023$6,372 $531,000
    2022$6,372 +30.1%$531,000 +30.1%
    2021$4,896 +29.1%$408,000 +29.1%
    2020$3,792 +11.3%$316,000 +11.3%
    2019$3,408 +8.4%$284,000 +8.4%
    2018$3,144 +15.9%$262,000 +6.1%
    2017$2,712 $247,000 +2.9%
    2016$2,712 $240,000 +1.3%
    2015$2,712 $237,000 +4.9%
    2014$2,712 $226,000 +2.3%
    2013-- $221,000
    2012-- $221,000 -6%
    2011-- $235,000
    2010-- $235,000 -2.6%
    2009-- $241,200 +17.3%
    2008-- $205,600
    2007-- $205,600
    2006-- $205,600 +24.8%
    2005-- $164,700 +23%
    2003-- $133,900 -18.7%
    2002-- $164,700 +13%
    2001$2,084 $145,700
    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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