Homes for sale - 2204 W Grace ST, Richmond, VA 23220

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Ashlee Bonds

ashleebonds.realtor@gmail.com +1(804) 295-7351

$ 1,319,000

Est. payment | -/mo

3,302 SqFt

Save

$ 1,319,000

Est. payment | -/mo

Save

3,302 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,302 sqft

Price per Sqft $399

MLS Listing ID 2600633

Style Two Story

Construction Status Approximate

HOA Y/N No

Year Built 1910

Annual Tax Amount $12,216

Tax Year 2025

Lot Size 5,074 Sqft

Acres 0.1165

Lot Dimensions 35X145

Property Sub-Type Quadruplex

Property Description

Incredible investment opportunity in the heart of The Fan, just steps from premier shopping, dining, and everyday conveniences. This renovated quadplex boasts an exceptional rental history with strong tenants already in place, making it a true turnkey asset. Over the past several years, the property has seen extensive capital improvements, including a new roof, all four HVAC systems, updated plumbing, electrical panels and wiring, fully renovated kitchens and baths, composite decking, and more. Tenants benefit from ample off-street parking and private storage in the exceptionally clean basement. The interior common corridor offers added security and features a stylish decorative fireplace with classic tile, tenant mailboxes, and a shared washer and dryer—an added convenience for residents. Unit 1A, located at the front, boasts LVP flooring, large windows that flood the space with natural light, and a fully updated kitchen featuring soft-close, dovetail cabinetry, granite countertops, and stainless steel appliances. The updated bath includes a tub/shower with a tiled surround. Unit 1B, situated in the rear with private access from the parking area, offers its own porch with composite decking. Inside, you'll find an updated kitchen with matching soft-close cabinetry and granite countertops, along with a renovated bath featuring a walk-in tiled shower. Unit 2A, upstairs at the front, features on-trend LVP flooring throughout, a fully updated kitchen consistent with the other units, and a renovated bath with a walk-in tiled shower. Unit 2B, upstairs, showcases original hardwood floors, updated kitchen and bath, and a private balcony off the living room—perfect for additional outdoor living space. Each unit also features 10' ceilings! The owner covers water, sewer, and trash, while tenants are responsible for electric, cable, and internet. With its prime location, thoughtful renovations, and proven income performance, this property represents a rare opportunity in one of Richmond's most sought-after neighborhoods.

Location

State VA

County Richmond City

Area 10 - Richmond

Rooms

Basement Partial, Storage Space

Interior

Interior Features Bay Window, Ceiling Fan(s), Fireplace, Granite Counters, High Ceilings

Fireplace Yes

Appliance Electric Water Heater, Water Heater

Laundry Washer Hookup, Dryer Hookup, Stacked

Exterior

Exterior Feature Sprinkler/Irrigation, Storage

Fence None

Roof Type Rubber

Porch Rear Porch, Front Porch

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick

Construction Status Approximate

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools John Marshall

Others

Tax ID W000-1010-030

Ownership Individuals

Security Features Controlled Access

Listed by Hometown Realty

2204 W Grace ST Richmond, VA 23220