Located in Richmond’s rapidly evolving North Highland Park neighborhood, 2304 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, with a total income of $2,565 per month in rental income. Residents enjoy modernized interiors with central air, in-unit washer/dryer, dishwashers, and updated finishes. Tenants cover all utilities, including water, trash, and electricity, ensuring low owner expenses. Off-street parking in the rear adds to the property’s appeal. With North Highland Park experiencing increased investment and revitalization, this asset benefits from the area's continued appreciation. Whether you're a seasoned investor or looking to expand your portfolio, 2304 5th Avenue offers stable cash flow in a city primed for sustained growth.
Sold for $355,000 on 05/30/25
$355,000
2304 5th Ave, Richmond, VA 23222
4beds
2baths
2,068sqft
Duplex, Multi Family, Multi Family
Built in 2007
-- sqft lot
$349,100 Zestimate®
$172/sqft
$2,115 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 07:26am
Listed by:
Justin Sledd 804-307-4060,
One South Commercial LLC
Bought with:
Bilal Hosn, 0225251617
Plentura Realty LLC
Source: CVRMLS,MLS#: 2507066
Originating MLS: Central Virginia Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Basement: Crawl Space
- Attic: None
Interior area
- Total interior livable area: 2,068 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,281 sqft
Details
- Parcel number: N0000611005
- Zoning description: R-6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Wood Siding
- Roof: Built-Up
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Richmond
- Subdivision: Chestnut Hills
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
$349,100
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
$349,100