2308 5th Ave, Richmond, VA 23222

Studio-- baths2,068 sqft

Sold: $138,400
Sold on 11/18/14
Zestimate®: $145,453
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Recent dramatic price adjustment. On each level there are two bedrooms, one full bath, eat-in kitchen, family room. Private walkout covered front porch. This place is only 7 years old. Easy to maintain. Income currently at $1,700 month. ($850 per unit) One up and one down. Each level unit is same floor plan. The building next door is also the same as this building. It can be bought also for same price or double the price and buy both. Each is fully occupied and all bringing $850 per month income for each unit. One unit now vacant in case buyer wants to occupy one.

Facts

  • Lot: 6,285 sqft
  • Multi Family
  • Built in 2007
  • Cooling: Central
  • Heating: Heat pump
  • Last sold: Nov 2014 for $138,400
  • Price/sqft: $67

Features

  • Deck
  • Parking: Off street, On street

    Construction

    • Exterior material: Vinyl
    • Roof type: Other
    • Room count: 10
    • # Stories: 2.0
    • Structure type: Other

    Other

    • Floor size: 2,068 sqft
    • Lot depth: 140
    • Lot width: 44
    • Parcel #: N0000611020
    • Zillow Home ID: 82565628

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $145,453
    -$9,369 Last 30 days
    $138K
    $156K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,127/mo
    -$61 Last 30 days
    $789
    $1.6K
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    Popularity on Zillow

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    1,216 all-time views
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    140 forecasted views of this home
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    Neighborhood

    Market guide

    Zillow predicts Highland Park Southern Tip home values will increase 2.2% next year, compared to a 2.4% increase for Richmond as a whole. Among Highland Park Southern Tip homes, this home is valued 60% more than the midpoint (median) home, and is valued 6.5% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Highland Park Southern Tip, the number of foreclosures waiting to be sold is 76.8% greater than in Richmond, and 76.7% less than the national average. This higher local number may prevent Highland Park Southern Tip home values from rising as quickly as other regions in Richmond.

    Learn more about forecast calculations or Highland Park Southern Tip home values.
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      For Sale

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      Rentals

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      Other Units in this Building (1)ZestimateBedsBathsSqft
      N/A$116K21--

      Nearby Schools in Richmond

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org