Skip main navigation
For sale
  • $585,000

    2603 W Grace St, Richmond, VA 23220

    2beds
    3baths
    1,518sqft
    : 
    Triplex, Multi Family, Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $-- HOA

    What's special

    Versatile business office spaceCozy efficiency apartmentsRear parking lot
    Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don’t miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.
    213 days
    on Zillow
    |
    849
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 09:51am

    Listed by:

    Bryan Boykin 804-467-8637,

    ERA Woody Hogg & Assoc,

    Woody Hogg 804-357-0969,

    ERA Woody Hogg & Assoc

    Source: CVRMLS,MLS#: 2428193MLS LogoOriginating MLS: Central Virginia Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2603 W Grace St.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Appliances
    • Included: Gas Water Heater
    Features
    • Bedroom on Main Level
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total interior livable area: 1,518 sqft

    Property

    Parking
    • Parking features: Alley Access, Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch
    • Exterior features: Awning(s), Lighting, Storage, Shed
    • Fencing: None
    Lot
    • Size: 4,904.86 Square Feet
    Details
    • Parcel number: W0001169012
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex, Multi Family, Multi Family
    Materials
    • Brick, Drywall, Frame, Plaster
    • Roof: Metal,Shingle
    Condition
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $514,000
    • Annual tax amount: $6,168
    • Date on market: 1/10/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor
    • Loading
    • Loading