Nestled in a prime location, 515 Catherine St offers incredible potential for savvy investors. This 3-bedroom, 1-bathroom property is the sister property to 513 Catherine St, with similar renovation potential to transform it into a 4-bedroom, 4-bathroom layout, maximizing rental income and market value.
Currently rented for $2,196/month with no vacancies in 5 years, this property is a reliable income producer. While not as updated as its sister property, its charm and functionality make it a solid investment. With a spacious shared backyard, there’s ample room to expand the property or enhance parking—a feature already setting this home apart in the area.
This is your chance to secure a valuable asset at an attractive price point. Investors can capitalize on the potential to increase rents significantly through thoughtful renovations, following the model of 513 Catherine St.
Tenants require atleast 24 hours notice to show please
Sold for $335,000
$335,000
515 Catherine St, Richmond, VA 23220
3beds
1,363sqft
Single Family Residence
Built in 1990
3,449 Square Feet Lot
$350,000 Zestimate®
$246/sqft
$2,048 Estimated rent
Home value
$350,000
$308,000 - $396,000
$2,048/mo
Zestimate® history
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$2,093/mo
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Zillow last checked:
Listing updated:
Listed by:
Miles Agee (804)418-9864,
Long & Foster REALTORS
Bought with:
Miles Agee, 0225249973
Long & Foster REALTORS
Source: CVRMLS,MLS#: 2501870
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Other
- Description: Tub & Shower
- Level: Second
Half bath
- Level: First
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet
- Has basement: No
- Attic: Finished
Interior area
- Total interior livable area: 1,363 sqft
- Finished area above ground: 1,363
Property
Parking
- Parking features: Alley Access, Off Street
Features
- Levels: Two and One Half
- Stories: 2.5
- Pool features: None
Lot
- Size: 3,449 Square Feet
Details
- Parcel number: N0000242004
- Zoning description: R-6
- Special conditions: Corporate Listing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $320,000
- Annual tax amount: $3,720
- Date on market: 1/12/2026
- Ownership: Corporate
- Ownership type: Corporation
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Listing removed | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Listed for rent | $750-75.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2025 | Listing removed | $3,090$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2025 | Listed for rent | $3,090$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/22/2025 | Sold | $335,000-4.3%$246/sqft |
Source:  CVRMLS #2501870 Report a problem | ||
| 2/1/2025 | Pending sale | $349,945$257/sqft |
Source: CVRMLS #2501870 Report a problem | ||
| 1/24/2025 | Listed for sale | $349,945+71.5%$257/sqft |
Source: CVRMLS #2501870 Report a problem | ||
| 8/23/2019 | Sold | $204,000+20%$150/sqft |
Source: Public Record Report a problem | ||
| 6/29/2007 | Sold | $170,000$125/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,840 +3.2% | $320,000 +3.2% |
| 2024 | $3,720 +10.7% | $310,000 +10.7% |
| 2023 | $3,360 | $280,000 |
| 2022 | $3,360 +33.3% | $280,000 +33.3% |
| 2021 | $2,520 +25.7% | $210,000 +25.7% |
| 2020 | $2,004 +6.4% | $167,000 +6.4% |
| 2019 | $1,884 +13.8% | $157,000 +13.8% |
| 2018 | $1,656 -3.5% | $138,000 +7% |
| 2017 | $1,716 | $129,000 +4% |
| 2016 | $1,716 | $124,000 +2.5% |
| 2015 | $1,716 | $121,000 -15.4% |
| 2014 | $1,716 | $143,000 |
| 2013 | -- | $143,000 -3.4% |
| 2012 | -- | $148,000 -8.1% |
| 2011 | -- | $161,000 |
| 2010 | -- | $161,000 |
| 2009 | -- | $161,000 |
| 2008 | -- | $161,000 +30% |
| 2007 | -- | $123,800 +2.3% |
| 2006 | -- | $121,000 +10.6% |
| 2005 | -- | $109,400 +49.9% |
| 2003 | -- | $73,000 +9% |
| 2002 | -- | $67,000 |
| 2001 | $958 | $67,000 |
Find assessor info on the county website
Neighborhood: Jackson Ward
Nearby homes
- $405,0004 bd4 ba1.3k sqft513 Catherine St, Richmond, VA 23220Sold
- $539,0004 bd3 ba2.1k sqft517 Catherine St, Richmond, VA 23220Off Market
- $--4 bd4 ba1.4k sqft517 Catherine St #1, Richmond, VA 23220Off Market
- $--2 bd2 ba800 sqft517 Catherine St APT 2, Richmond, VA 23220Off Market
- $317,6003 bd1 ba2k sqft511 Catherine St, Richmond, VA 23220Off Market
- $341,1003 bd2 ba1.8k sqft519 Catherine St, Richmond, VA 23220Off Market
- $211,0003 bd1 ba1.4k sqft509 Catherine St, Richmond, VA 23220Off Market
- $245,0002 bd1 ba1k sqft521 Catherine St, Richmond, VA 23220Pending
Nearby schools
GreatSchools rating
- 1/10George W. Carver Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Albert Hill Middle SchoolGrades: 6-8Distance: 2.2 mi
- NAMary Scott PreschoolGrades: Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Carver
- 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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Estimated market value
$350,000
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
$350,000
- Virginia
- Richmond City
- Richmond
- 23220
- Jackson Ward
- 515 Catherine St
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