Login

1012 Park Avenue, Richmond, VA 23220

Richmond
Local realty services provided by:CENTURY 21 Realty @ Home
1012 Park Avenue,Richmond, VA 23220
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: teresa mueller
Office: the mueller group llc.
MLS#:2525663
Source:RV

Sorry, we are unable to map this address


Price summary

  • Price:$1,500,000

About this home

AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF THE FAN DISTRICT. Just steps from VCU, this updated 4 UNIT property spans 4,878 sqft and features a total of 11 bedrooms and 8 bedrooms. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a metal roof. The property is fully leased and generates a strong monthly income of $9,835 and has been owned for 19 years with 100% occupancy. With high rental demand, and its unbeatable location near VCU, downtown, and major highways, this is a prime opportunity for investors or owner-occupants seeking both immediate cash flow and long-term appreciation. With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps from all of the...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:2525663
  • Added:186 day(s) ago
  • Updated:March 21, 2026 at 06:28 AM

Rooms and interior

  • Bathrooms Description:Double Vanity
  • Kitchen Description:Kitchen Island
  • Basement:Yes
  • Basement Description:Finished, Full

Structure and exterior

  • Roof:Metal
  • Year built:1910
  • Architectural Style:Tri Level
  • Construction Materials:Brick, Drywall
  • Exterior Features:Front Porch
  • Levels:Multi/Split, Three Or More, Tri Level

Schools

  • High school:Thomas Jefferson
  • Middle school:Dogwood
  • Elementary school:Fox

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$13,164 (2025)

Features and amenities

  • Appliances:Electric Water Heater
  • Laundry features:Dryer Hookup, Stacked, Washer Hookup
  • Amenities:Ceiling Fans, High Ceilings, High Speed Internet, Recessed Lighting, Tile Counters, Tile Countertop
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

New listings near 1012 Park Avenue