**Owner Financing Available** Great investment opportunity in the heart of Richmond’s Museum District. This well-maintained multi-family property features two income-generating units with strong rental history and high occupancy. Located in a highly walkable, desirable area near Carytown, shops, dining, museums, and VCU, it’s perfect for investors or owner-occupants looking for a prime location with long-term value.
Sold for $739,000
$739,000
8 N Colonial Ave, Richmond, VA 23221
6beds
3baths
2,598sqft
Duplex, Multi Family, Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$284/sqft
$3,595 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,595/mo
Zestimate® history
Owner options
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$3,595/mo
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$3,595/mo
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$4,557/mo
Est. payment
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$4,557/mo
Est. payment
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List your homeWhat's special
High occupancyMulti-family propertyIncome-generating units
Zillow last checked:
Listing updated:
Listed by:
Tyler Rackley 804-938-3736,
GO Real Estate Inc
Bought with:
Lyn Baker, 0225196602
Liz Moore & Associates
Source: CVRMLS,MLS#: 2509743
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Appliances
- Included: Electric Water Heater
Features
- Basement: Partial
- Attic: None
Interior area
- Total interior livable area: 2,598 sqft
Property
Parking
- Parking features: None, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Fencing: Fenced,Partial
Details
- Parcel number: W0001283014
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Brick, Wood Siding
- Roof: Metal
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Richmond
- Subdivision: None
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $739,000-1.5%$284/sqft |
Source:  CVRMLS #2509743 Report a problem | ||
| 5/5/2025 | Pending sale | $750,000$289/sqft |
Source: CVRMLS #2509743 Report a problem | ||
| 4/11/2025 | Listed for sale | $750,000+183.2%$289/sqft |
Source: CVRMLS #2509743 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/11/2016 | Listing removed | $1,450-12.1%$1/sqft |
Source: GO Real Estate Inc Report a problem | ||
| 10/1/2015 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 7/23/2015 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 8/15/2014 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 7/15/2014 | Listed for rent | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 7/14/2013 | Listing removed | $1,650$1/sqft |
Source: Park Properties LLC Report a problem | ||
| 6/14/2013 | Listed for rent | $1,650$1/sqft |
Source: Park Properties LLC Report a problem | ||
| 12/28/2012 | Sold | $264,800-17.2%$102/sqft |
Source: CVRMLS #1226755 Report a problem | ||
| 11/3/2012 | Listed for sale | $319,900-14.7%$123/sqft |
Source: Eagle Realty of VA LLC #1226755 Report a problem | ||
| 2/1/2007 | Sold | $375,000+10.3%$144/sqft |
Source: Public Record Report a problem | ||
| 10/13/2004 | Sold | $340,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,780 +4.6% | $565,000 +4.6% |
| 2024 | $6,480 +5.5% | $540,000 +5.5% |
| 2023 | $6,144 | $512,000 |
| 2022 | $6,144 +27.4% | $512,000 +27.4% |
| 2021 | $4,824 +3.6% | $402,000 +3.6% |
| 2020 | $4,656 +4.9% | $388,000 +4.9% |
| 2019 | $4,440 +9.8% | $370,000 +9.8% |
| 2018 | $4,044 +11.2% | $337,000 +6% |
| 2017 | $3,636 | $318,000 +1.6% |
| 2016 | $3,636 | $313,000 +1.6% |
| 2015 | $3,636 | $308,000 +1.7% |
| 2014 | $3,636 | $303,000 -10.9% |
| 2013 | -- | $340,000 |
| 2012 | -- | $340,000 -4% |
| 2011 | -- | $354,000 |
| 2010 | -- | $354,000 -3% |
| 2009 | -- | $365,000 -1.7% |
| 2008 | -- | $371,200 |
| 2007 | -- | $371,200 |
| 2006 | -- | $371,200 +23.7% |
| 2005 | -- | $300,000 +73.4% |
| 2003 | -- | $173,000 +18.3% |
| 2002 | -- | $146,300 +13% |
| 2001 | $1,852 | $129,500 |
Find assessor info on the county website
Neighborhood: The Museum District
Nearby schools
GreatSchools rating
- 7/10John B. Cary Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Albert Hill Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Thomas Jefferson High SchoolGrades: 9-12Distance: 1.3 mi
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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- Virginia
- Richmond City
- Richmond
- 23221
- The Museum District
- 8 N Colonial Ave
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