Movoto Real Estate
Sold on 04/29/2022

1622 Hanover Ave, Richmond, VA 23220

$1,171,000

Last sold 04/29/2022 for $930K

  • —

    bed

  • —

    bath

  • 4,378

    Sqft ($212/Sqft)

Multi-family not for sale

About 1622 Hanover Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 2,801 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to 1622 Hanover! Huge corner lot duplex located in the Fan District and only a few blocks from VCU. Hardwood floors, 9+ ft ceilings, original fireplaces and mantels add to its undeniable character. Open floor plans for both units with large bedrooms, eat-in kitchens, spacious living rooms, side door access with screened porches, exposed brick walls and all appliances included. Upper unit features additional finished space that can be used as an office/bedroom. All utilities separately metered. Both units are leased through 06/30/2022. Improvements: new central air (2020), new roof, (TPO membrane 2017), window replacements (2020), repoint brick on Hanover and Vine St. sides of building (2020), exterior painted (2020) This is a great investment with solid rent in place! Perfect for owner occupancy while obtaining rental income in the other unit.
Listed by
Listing Agent - Jay Woodson
Listing Office - RPM Richmond Metro
Source: Central Virginia Regional MLS mls logo
MLS#2204904 • last updated 1 year ago
Movoto checked Central Virginia Regional MLS for data 8 minutes ago
Overview
Levels/Style Two, Row House, Townhouse
Type Residential Income
SubType Duplex
VIrtual Tour Https://player.vimeo.com/video/682223391
MLS # 2204904
SqFt 4378
Status Closed
Lot Size (Acres) 0.0643
Annual Property Tax 8857
Year Built 1910
Interior
Basement Partial
Appliances Gas Water Heater
Exterior
Roof Flat, Rubber, Slate
Fencing None
Lot Desc Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision None
Elementary School Fox
High School Thomas Jefferson
Middle School Dogwood
APN W0000665024
Directions Corner Of Vine And Hanover
Zoning R-6
$1.17M
Range: $1.01M-$1.32M
Last 30 days 
Rental est.: $959/month
Gross rent multiplier: 80.8
  • May 2022
    Public Records
  • May 2, 2022 Sold
    $930,000
  • Apr 2022
    mls logo MLS # 2204904
  • Apr 29, 2022 Sold
    $930,000 (+10.8%)
  • Mar 7, 2022 Pending
    —
  • Mar 1, 2022 Listed
    $839,000 (+43.4%)
  • Dec 2012
    Public Records
  • Dec 28, 2012 Sold
    $585,000
  • Dec 2012
    mls logo MLS # 1215362
  • Dec 27, 2012 Sold
    $585,000
  • Jun 13, 2012 Listed
    $585,000 (+101.0%)
  • Jan 2001
    Public Records
  • Jan 11, 2001 Sold
    $291,000
  • Year Property taxes Tax assessment
  • 2025
    $11,928 +8.6%
    $1,046,000 +14.32%
  • 2023
    $10,980 +34.8%
    $915,000 +1.67%
  • 2020
    $8,148 +4.0%
    $900,000 +37.83%
  • 2019
    $7,836 +2.5%
    $653,000 +2.51%
  • 2018
    $7,644 +12.3%
    $637,000
  • 2014
    $6,804
    $637,000
  • 1622 Hanover Ave
    $930K
  • The Fan
    $650K +1% y/y
  • 23220
    $459K +2% y/y
  • Richmond
    $359K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
William Fox Elementary School
public Grades PK, K-5
Richmond City Public Schools
2/10
Binford Middle School
public Grades 6-8
Richmond City Public Schools
10/10
Open High School
public Grades 9-12
Richmond City Public Schools
3/10
Thomas Jefferson High School
public Grades 9-12
Richmond City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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