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LR Real Estate
1524 Grove Avenue, Richmond, VA 23220
- $950,000
- 4,325
- SqFt
- List Price
- $950,000
- Days on Market
- 3
- MLS#
- CVR-2629908
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Row House
- Year Built
- 1910
- County
- Richmond City
- Region
- 10 - Richmond
Property Description
Welcome to a Fantastic Fan investment opportunity! This 4-5 unit building, complete with a 2-car garage, backs directly up to Lombardy Market (home to some of the BEST deviled eggs you’ll find anywhere!) and puts you within walking distance of VCU and everything the Historic Fan District has to offer. 100% occupied and consistently in demand, this property has experienced few, if any, vacancies over the years. The units have been thoughtfully updated, making this an attractive, turn-key investment in one of Richmond’s most desirable and walkable neighborhoods. Forget Bitcoin—this is an investment you can see, touch and feel. And every time you drive by, you’re going to smile and say, “YES!” Opportunities like this don’t come along often. Prime Fan location. Strong rental history. What’s not to love? OWNER WILL CONSIDER HOLDING FINANCING FOR QUALIFIED BUYERS!
Additional Information
- Acres
- 0.07
- Living Area
- 4,325
- Elementary School
- Fox
- Middle School
- Lucille Brown
- High School
- Thomas Jefferson
- Roof
- Other, Rubber
- Appliances
- Gas Water Heater
- Basement
- Partial
- Taxes
- $8,376
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Listing courtesy of Keller Williams Realty.
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .