Movoto Real Estate
Sold on 01/12/2024
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2404 4th Ave, Richmond, VA 23222

$307,000

Last sold 01/12/2024 for $280K

  • —

    bed

  • —

    bath

  • 1,680

    Sqft ($167/Sqft)

Multi-family not for sale

About 2404 4th Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 8,398 Sqft
Movoto estimate
Rental estimate
Property description
Fantastic investment opportunity in the vibrant neighborhood of Chestnut Hill in Highland Park! Inside each unit, you'll find 2 bedrooms and a well-appointed full bathroom. Recent updates ensure modern comfort while preserving the property's unique character. This income-producing property has proven itself as a reliable asset, and there's even more potential for increased rental income in this thriving area. Rest assured, the current tenants are responsible and reliable, making this investment opportunity even more appealing. Don't miss your chance to own this well-maintained duplex, offering not only a solid source of rental income but also a piece of history with its original hardwood floors. It's an investment opportunity that combines both character and potential for growth in a historic neighborhood. Rear off-street parking for 4 cars. Located on bus line and minutes to 5th St. downtown bridge. Each unit is separately metered for electric and water (paid by tenants). Tenants maintain yard.
Listed by
Listing Agent - Catina Jones
Listing Agent Contact: (804) 775-2000
Listing Office - ICON Realty Group
Source: Central Virginia Regional MLS mls logo
MLS#2322960 • last updated 1 year ago
Movoto checked Central Virginia Regional MLS for data 4 minutes ago
Overview
Levels/Style Two, Two Story
Type Residential Income
SubType Duplex
MLS # 2322960
SqFt 1680
Status Closed
Lot Size (Acres) 0.1928
Annual Property Tax 2172
Year Built 1968
Interior
Exterior
Roof Composition
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Highland Park
Elementary School Frances W. McClenney
High School John Marshall
Middle School Henderson
APN N000-0658-004
Directions Exit For US-360 Toward Mechanicsville Turn Left/continue On Magnolia Ave Turn Left Onto 4th Ave. The Home Will Be On The Right
Zoning R-6
$307K
Range: $270K-$343K
Last 30 days 
Rental est.: $1,057/month
Gross rent multiplier: 22.1
  • Jan 2024
    Public Records
  • Jan 16, 2024 Sold
    $280,000
  • Jan 2024
    mls logo MLS # 2322960
  • Jan 12, 2024 Sold
    $280,000 (-11.1%)
  • Oct 13, 2023 Pending
    —
  • Sep 19, 2023 Listed
    $315,000 (-3.1%)
  • Sep 2022
    mls logo MLS # 2226831
  • Sep 25, 2022 Listed
    $325,000 (+333.3%)
  • May 2014
    Public Records
  • May 12, 2014 Sold
    $75,000
  • Jun 2010
    mls logo MLS # 1002474
  • Jun 22, 2010 Expired
    —
  • Jan 2009
    mls logo MLS # 2819107
  • Jan 1, 2009 Expired
    —
  • Jun 2006
    mls logo MLS # 2533187
  • Jun 7, 2006 Expired
    —
  • Year Property taxes Tax assessment
  • 2025
    $3,108 +43.1%
    $302,000 +66.85%
  • 2023
    $2,172 +41.4%
    $181,000
  • 2020
    $1,536 +12.3%
    $181,000 +58.77%
  • 2019
    $1,368 +11.8%
    $114,000 +11.76%
  • 2018
    $1,224 -3.8%
    $102,000
  • 2014
    $1,272
    $102,000
  • 2404 4th Ave
    $280K
  • Highland Park Southern Tip
    $365K +5% y/y
  • 23222
    $349K +7% y/y
  • Richmond
    $365K +1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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