Movoto Real Estate
Sold on 07/08/2022

3025 E Franklin St, Richmond, VA 23223

$517,000

Last sold 07/08/2022 for $340K

  • —

    bed

  • —

    bath

  • 2,652

    Sqft ($128/Sqft)

Multi-family not for sale

About 3025 E Franklin St

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 5,554 Sqft
Movoto estimate
Rental estimate
Property description
3025 E Franklin St in Sugar Bottom a block away from Libby Park and a few blocks from Hill Cafe, Proper Pie, Alewife and more! This quad features features 4 Apartments, each with 2 beds 1 bath and 663 SF and grossing $2,210 a month in its current condition. Units have gas cooking, gas wall mounted heaters, some have individual window unit ACs, parking on street. Constructed out of block and build to last these are structurally solid and occupied today but are in need of some TLC. Stop by and enjoy the location and see the potential. Owner pays water, sewer and trash which is $240 a month on average. Gas, electric are paid by the tenants and all separate! Property being sold as is where is.
Listed by
Listing Agent - Matt Jarreau
Listing Office - Hometown Realty
Source: Central Virginia Regional MLS mls logo
MLS#2216608 • last updated 2 years ago
Movoto checked Central Virginia Regional MLS for data 6 minutes ago
Overview
Levels/Style Two, Two Story
Type Residential Income
SubType Quadruplex
MLS # 2216608
SqFt 2652
Status Closed
Lot Size (Acres) 0.1275
Annual Property Tax 2592
Year Built 1968
Interior
Appliances Water Heater
Exterior
Roof Composition, Shingle
Foundation Slab
Fencing None
Parking Desc On Street
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision None
Elementary School Chimborazo
High School Armstrong
Middle School Martin Luther King Jr.
APN E000-0638-010
Directions Broad St To N 29th To E Franklin Past Libby Park.
Zoning R-6
Multifamily Details
Gross Income 26520
$517K
Range: $367K-$666K
Last 30 days 
Rental est.: $925/month
Gross rent multiplier: 30.6
  • Jul 2022
    Public Records
  • Jul 11, 2022 Sold
    $340,000
  • Jul 2022
    mls logo MLS # 2216608
  • Jul 8, 2022 Sold
    $340,000 (+6.3%)
  • Jun 18, 2022 Pending
    —
  • Jun 14, 2022 Listed
    $320,000 (+118.9%)
  • Nov 23, 2002 Sold
    $146,195
  • Year Property taxes Tax assessment
  • 2025
    $4,176 +6.7%
    $353,000 +8.28%
  • 2023
    $3,912 +53.1%
    $326,000 +23.48%
  • 2020
    $2,556
    $264,000 +23.94%
  • 2019
    $2,556 +7.0%
    $213,000 +7.04%
  • 2018
    $2,388 +218.4%
    $199,000
  • 2014
    $750
    $199,000
  • 3025 E Franklin St
    $340K
  • 10 - Richmond
    $487K
  • 23223
    $349K +7% y/y
  • Richmond
    $359K +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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