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3425 W Franklin Street, Richmond, VA 23221

Richmond
Local realty services provided by:CENTURY 21 Nachman Realty
3425 W Franklin Street,Richmond, VA 23221
$625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: katherine hawks
Office: the steele group
MLS#:2531089
Source:RV

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Price summary

  • Price:$625,000

About this home

Outstanding all-brick duplex in the heart of the coveted Museum District! This well-maintained property sits proudly on a large corner lot and offers an exceptional opportunity for both owner-occupants and savvy investors. The building is fully rented with amazing long-term tenants who would love to stay, providing immediate stability and strong cash flow. Each spacious apartment features 2 bedrooms and 1 full bath, separate utilities, and a consistent rental history—currently renting for approximately $1,500 per month per unit. With solid income and separate metering, the property cash flows with a conventional mortgage at today’s rates and list price, making it a rare turnkey investment in one of Richmond’s most desirable, walkable neighborhoods. All-brick construction, classic charm, and unbeatable proximity to museums, restaurants, Carytown, breweries, parks, and major commuter routes ensure ongoing tenant demand. Whether you’re expanding your portfolio or looking to live in

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Home facts

  • Year built:1951
  • Listing ID #:2531089
  • Added:109 day(s) ago
  • Updated:March 07, 2026 at 07:45 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space

Structure and exterior

  • Year built:1951
  • Lot Features:Corner Lot, Dead End, Level
  • Architectural Style:Colonial, Two Story
  • Construction Materials:Block, Brick
  • Exterior Features:Out Buildings
  • Levels:Two, Two Story

Schools

  • High school:Thomas Jefferson
  • Middle school:Albert Hill
  • Elementary school:Lois-Harrison Jones

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Tax amount:$6,468 (2025)
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.

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