Active
1623 W Grace St
Richmond VA, 23220
$635,000
$242.18 per sqft
Active
2,622 sqft
Multi-family
Built in 1910
Renovated 1910's Victorian triplex in the heart of Richmond's iconic Fan District. Just blocks from the VCU campus, this triplex has maintained a strong history of 100% occupancy and offer value add opportunities through cosmetic upgrades. The property features two 1 bedroom and one 2 bedroom floor plans. These three apartments offer the charm and character of a historic home including beautiful hardwood floors and decorative fireplaces. Amenities include central air, washer/dryer and off street parking. Additionally, the units are individually metered for electricity.
Recent improvements include: Two new HVAC units (Unit A & C, 2024), new ventilation pipe for boiler/water heater, new exterior paint, new bathroom flooring (Unit C, 2024), Rebuilt Back Deck (2016). 1623 W Grace Street is a strong multi-family opportunity in
Richmond's most premier neighborhood. This property is ideal for an investor looking to expand their portfolio or anyone looking to enter the multi-family market with true presence.
2504204
MLSⓇ ID
February 20, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Architectural Style
Two Story
Roof
Built-Up
Sewer
Public Sewer
School Information
High School
Thomas Jefferson
Elementary School
Fox
Other Property Details
Area Name
10 - Richmond
Taxes
$6,732
Tax Frequency
Annually
Days on Market
2
Garage
No
View
No
County
Richmond City
Water Source
Public
Pool
No
Listed by One South Commercial LLC, Isaac Weintz, (804) 404-3161
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Date last updated: 2/21/2025