Income-producing townhomes in Richmond’s established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow.
Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Sold for $125,000
$125,000
3518 E Richmond Rd #U3, Richmond, VA 23223
2beds
760sqft
Condominium
Built in 1966
-- sqft lot
$122,200 Zestimate®
$164/sqft
$1,290 Estimated rent
Home value
$122,200
$116,000 - $128,000
$1,290/mo
Zestimate® history
Owner options
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$1,290/mo
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$758/mo
Est. payment
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$758/mo
Est. payment
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List your homeWhat's special
Modern finishesLvp flooringUpdated kitchens
Zillow last checked:
Listing updated:
Listed by:
Lauren Hammond 571-442-0814,
EXP Realty LLC,
Madison Rutherford 804-928-5885,
EXP Realty LLC
Bought with:
Jullian Harrison, 0225240608
United Real Estate Richmond
Source: CVRMLS,MLS#: 2604638
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Second
- Dimensions: 0 x 0
Bedroom 2
- Level: Second
- Dimensions: 0 x 0
Dining room
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: Second
Kitchen
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Water Heater
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 760 sqft
- Finished area above ground: 760
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 740.52 sqft
Details
- Parcel number: E0001763088
- Zoning description: R-53
Construction
Type & style
- Home type: Condo
- Architectural style: Two Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Richmond
- Subdivision: Villas Of Oakwood South
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $122 monthly
- Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $125,000$164/sqft |
Source:  CVRMLS #2604638 Report a problem | ||
| 3/26/2026 | Pending sale | $125,000$164/sqft |
Source: CVRMLS #2604638 Report a problem | ||
| 3/5/2026 | Listed for sale | $125,000+81.2%$164/sqft |
Source: eXp Realty #2604638 Report a problem | ||
| 12/2/2021 | Sold | $69,000$91/sqft |
Source: CVRMLS #2131255 Report a problem | ||
| 10/21/2021 | Pending sale | $69,000$91/sqft |
Source: CVRMLS #2131255 Report a problem | ||
| 10/19/2021 | Listed for sale | $69,000+24.9%$91/sqft |
Source: CVRMLS #2131255 Report a problem | ||
| 6/26/2019 | Sold | $55,250-4.7%$73/sqft |
Source: CVRMLS #1912299 Report a problem | ||
| 4/18/2019 | Listed for sale | $58,000$76/sqft |
Source: Sunshine Realty Group LLC #1912299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,224 +13.3% | $102,000 +13.3% |
| 2024 | $1,080 +16.9% | $90,000 +16.9% |
| 2023 | $924 | $77,000 |
| 2022 | $924 +32.8% | $77,000 +32.8% |
| 2021 | $696 +5.5% | $58,000 +5.5% |
| 2020 | $660 -5.2% | $55,000 -5.2% |
| 2019 | $696 | $58,000 |
| 2018 | $696 +21.1% | $58,000 -20.5% |
| 2017 | $575 | $73,000 |
| 2016 | $575 | $73,000 -1.4% |
| 2015 | $575 | $74,000 |
| 2014 | $575 | $74,000 |
| 2013 | -- | $74,000 -14.9% |
| 2012 | -- | $87,000 -5.4% |
| 2011 | -- | $92,000 |
| 2010 | -- | $92,000 |
| 2009 | -- | $92,000 +15% |
| 2008 | -- | $80,000 |
| 2007 | -- | $80,000 |
Find assessor info on the county website
Neighborhood: Oakwood Cemetery
Nearby schools
GreatSchools rating
- 3/10Chimborazo Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 1/10Martin Luther King Jr. Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Armstrong High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Chimborazo
- 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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Estimated market value
$122,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$122,200
- Virginia
- Richmond City
- Richmond
- 23223
- Oakwood Cemetery
- 3518 E Richmond Rd Unit U3
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