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Sold on 05/31/2024

111 Lipscomb St, Richmond, VA 23224

$350,000

Last sold 05/31/2024 for $325K

  • —

    bed

  • —

    bath

  • 2,668

    Sqft ($122/Sqft)

Multi-family not for sale
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About 111 Lipscomb St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 5,458 Sqft
Movoto estimate
Rental estimate
Property description
Income producing quad for sale in the city of Richmond! Each unit features 1 bedroom, living and dining rooms, full bath and kitchen. Tenants pay gas and electric. Owner pays water and sewer.
Listed by
Listing Agent - Philip Innes
Listing Agent Contact: Phil.innes@gmail.com
Listing Office - RE/MAX Commonwealth
Source: Central Virginia Regional MLS mls logo
MLS#2401994 • last updated 2 years ago
Movoto checked Central Virginia Regional MLS for data 5 minutes ago
Overview
Levels/Style Two, Two Story
Type Residential Income
SubType Quadruplex
MLS # 2401994
SqFt 2668
Status Closed
Lot Size (Acres) 0.1253
Annual Property Tax 3096
Year Built 1960
Interior
Exterior
Roof Flat
Foundation Slab
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Blackwell
Elementary School Blackwell
High School Armstrong
Middle School Thompson
APN S000-0151-010
Zoning R-7
$350K
Range: $287K-$413K
Last 30 days 
Rental est.: $883/month
Gross rent multiplier: 30.7
  • May 2024
    Public Records
  • May 31, 2024 Sold
    $325,000
  • May 2024
    mls logo MLS # 2401994
  • May 31, 2024 Sold
    $325,000
  • Feb 4, 2024 Pending
    —
  • Jan 25, 2024 Listed
    $325,000 (+664.7%)
  • May 2001
    Public Records
  • May 3, 2001 Sold
    $42,500
  • Year Property taxes Tax assessment
  • 2025
    $3,156 +0.4%
    $263,000 +0.38%
  • 2023
    $3,144 +60.7%
    $262,000 +1.55%
  • 2020
    $1,956 +9.4%
    $258,000 +73.15%
  • 2019
    $1,788 +5.7%
    $149,000 +5.67%
  • 2018
    $1,692 +36.9%
    $141,000
  • 2014
    $1,236
    $141,000
  • 111 Lipscomb St
    $325K
  • Blackwell
    $335K +39% y/y
  • 23224
    $284K +5% y/y
  • Richmond
    $357K 0% y/y
No chart available
Statistics calculated by Movoto

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1/10
Blackwell Elementary School
public Grades PK, K-5
Richmond City Public Schools
1/10
River City Middle
public Grades 6-8
Richmond City Public Schools
10/10
Open High School
public Grades 9-12
Richmond City Public Schools
2/10
Armstrong High School
public Grades 9-12
Richmond City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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