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Sold for $799,950
  • $799,950

    509 W Clay St, Richmond, VA 23220

    7beds
    5baths
    3,793sqft
    Townhouse, Duplex, Multi Family, Multi Family, Single Family Residence
    Built in 1859
    4,573 Square Feet Lot
    $846,400 Zestimate®
    $211/sqft
    $4,524 Estimated rent

    Home value

    $846,400

    $770,000 - $931,000

    $4,524/mo

    Zestimate® history
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    What's special

    Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances, spread out over three floors including an english walkout basement plus washer/dryer in the unit. The rear two story unit features 1393sqft with 3 bedrooms, one with a huge walk-in closet, 2 renovated tiled full baths, eat-in kitchen with granite counters, stainless appliances and glassed in breakfast nook, two tier balconies, washer/dryer in the unit plus an expiring lease during peak rental season for immediate income growth. This is a tremendous opportunity to add to an existing portfolio or start a new one, without the need for renovations, in a prime location where demand greatly exceeds supply.

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Hamnett 804-240-6713,

    Hamnett Properties

    Bought with:

    Julie Mallory, 0225249879

    BHG Base Camp

    Paul Mallory, 0225242402

    BHG Base Camp

    Source: CVRMLS,MLS#: 2411953MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Appliances
    • Included: Gas Water Heater
    Features
    • Eat-in Kitchen, Granite Counters, High Ceilings, Walk-In Closet(s)
    • Basement: Finished,Partial
    • Attic: None
    Interior area
    • Total interior livable area: 3,793 sqft
    • Finished area below ground: 740

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Front Porch, Side Porch
    Lot
    • Size: 4,573 Square Feet
    Details
    • Parcel number: N0000241006
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Row House
    • Property subtype: Townhouse, Duplex, Multi Family, Multi Family, Single Family Residence
    Materials
    • Brick
    • Roof: Flat
    Condition
    • Year built: 1859

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $211/sqft
    • Tax assessed value: $527,000
    • Annual tax amount: $5,832
    • Date on market: 4/30/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    10/28/2024Sold$799,950$211/sqft
    Source: CVRMLS #2411953 Report a problem
    9/19/2024Pending sale$799,950$211/sqft
    Source: CVRMLS #2411953 Report a problem
    5/10/2024Listed for sale$799,950+595.6%$211/sqft
    Source: CVRMLS #2411953 Report a problem
    12/30/2015Sold$115,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,420 +1.5%$535,000 +1.5%
    2024$6,324 +8.4%$527,000 +8.4%
    2023$5,832 $486,000
    2022$5,832 +28.9%$486,000 +28.9%
    2021$4,524 +5.9%$377,000 +5.9%
    2020$4,272 +143.8%$356,000 +143.8%
    2019$1,752 +7.4%$146,000 +7.4%
    2018$1,632 -16%$136,000
    2017$1,944 $136,000 +2.3%
    2016$1,944 $133,000 +1.5%
    2015$1,944 $131,000 -19.1%
    2014$1,944 $162,000 +32.8%
    2013-- $122,000 -3.2%
    2012-- $126,000 -3.8%
    2011-- $131,000
    2010-- $131,000 -0.1%
    2009-- $131,100
    2008-- $131,100 +6.8%
    2007-- $122,700 +5.9%
    2006-- $115,900 +26.5%
    2005-- $91,600 +98.7%
    2003-- $46,100 +9%
    2002-- $42,300
    2001$605 $42,300
    Find assessor info on the county website

    Neighborhood: Jackson Ward

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carver
    • 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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    Estimated market value
    $846,400
    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
    $846,400