Income-producing townhomes in Richmond’s established east-end corridor. 3-bedroom, 1-bath unit with strong rental history and currently tenant occupied, offering immediate and stable cash flow. There are 6 units from the same owner available. 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.
For sale
$125,000
3530 E Richmond Rd #U15, Richmond, VA 23223
3beds
692sqft
Condominium
Built in 1966
-- sqft lot
$120,300 Zestimate®
$181/sqft
$122/mo HOA
What's special
Modern finishesLvp flooringUpdated kitchens
- 128 days |
- 227 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Lauren Hammond 571-442-0814,
EXP Realty LLC,
Madison Rutherford 804-928-5885,
EXP Realty LLC
Source: CVRMLS,MLS#: 2604611
Originating MLS: Central Virginia Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Tub & Shower
- Level: Second
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 692 sqft
- Finished area above ground: 692
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 692 Square Feet
Details
- Parcel number: E0001763324
- 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 & HOA
Community
- Subdivision: Villas Of Oakwood South
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
- HOA fee: $122 monthly
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $97,000
- Annual tax amount: $1,164
- Date on market: 3/4/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Estimated market value
Zestimate®
$120,300
Estimated sales range
$114,000 - $126,000
Rent Zestimate®
$1,426/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $125,000+81.2%$181/sqft |
Source: eXp Realty #2604611 Report a problem | ||
| 12/2/2021 | Sold | $69,000$100/sqft |
Source: | ||
| 10/21/2021 | Pending sale | $69,000$100/sqft |
Source: | ||
| 10/19/2021 | Listed for sale | $69,000+24.9%$100/sqft |
Source: | ||
| 6/26/2019 | Sold | $55,250-4.7%$80/sqft |
Source: | ||
| 4/18/2019 | Listed for sale | $58,000$84/sqft |
Source: Sunshine Realty Group LLC #1912341 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,164 +12.8% | $97,000 +12.8% |
| 2024 | $1,032 +16.2% | $86,000 +16.2% |
| 2023 | $888 | $74,000 |
| 2022 | $888 +32.1% | $74,000 +32.1% |
| 2021 | $672 +5.7% | $56,000 +5.7% |
| 2020 | $636 -3.6% | $53,000 -3.6% |
| 2019 | $660 | $55,000 |
| 2018 | $660 | $55,000 |
| 2017 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Climate risks
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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- Virginia
- Richmond City
- Richmond
- 23223
- Oakwood Cemetery
- 3530 E Richmond Rd Unit U15