Exceptional Investment Opportunity in the Fan! A rare chance for savvy investors to acquire a fully rented six-unit apartment building in the W Grace street historic district. Each unit has one bedroom, one bath, with individual fridges, oven/stoves, and AC window units. Tenants benefit from separate electric meters. The owner covers water, sewer, trash, and gas (including radiant heat & hot water), ensuring ease of maintenance. The building includes a shared washer/dryer in the hallway, adding convenience for residents. Perfectly located at the corner of Grace and Meadow, this property is in high demand due to its proximity to VCU/MCV as well as being in walking distance to all things “Fan." Its strategic position ensures a steady income stream. Easy to rent and manage, it's an ideal opportunity for investors seeking a profitable and straightforward venture in a lively neighborhood.
Sold for $640,000 on 03/29/24
$640,000
2000 W Grace St, Richmond, VA 23220
4beds
4baths
3,420sqft
Condominium, Multi Family
Built in 1910
-- sqft lot
$890,800 Zestimate®
$187/sqft
$3,695 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 12:50pm
Listed by:
Chris Small 804-350-0879,
Small & Associates
Bought with:
Christy Bowman, 0225241207
Harris & Assoc, Inc
Source: CVRMLS,MLS#: 2400543
Originating MLS: Central Virginia Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Ceiling Fan(s), High Ceilings
- Basement: Dirt Floor
- Attic: None
Interior area
- Total interior livable area: 3,420 sqft
Property
Features
- Patio & porch: Front Porch
- Fencing: Back Yard,Fenced
Lot
- Size: 3,497 sqft
Details
- Parcel number: W0000911030
- Zoning description: R-48
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian,Low Rise
- Property subtype: Condominium, Multi Family
Materials
- Brick
- Roof: Slate
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Richmond
- Subdivision: None
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$890,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$890,800