1623 W Grace Street, Richmond, VA 23220
- $620,000
- 2,622
- SqFt
- Sold Price
- $620,000
- List Price
- $635,000
- Days on Market
- 8
- Closing Date
- Mar 28, 2025
- MLS#
- CVR-2504204
- Status
- CLOSED
- Type
- Multifamily
- Style
- Two Story
- Year Built
- 1910
- County
- Richmond City
- Region
- 10 - Richmond
Property Description
Renovated 1910’s Victorian triplex in the heart of Richmond’s iconic Fan District. Just blocks from the VCU campus, this triplex has maintained a strong history of 100% occupancy and offer value add opportunities through cosmetic upgrades. The property features two 1 bedroom and one 2 bedroom floor plans. These three apartments offer the charm and character of a historic home including beautiful hardwood floors and decorative fireplaces. Amenities include central air, washer/dryer and off street parking. Additionally, the units are individually metered for electricity. Recent improvements include: Two new HVAC units (Unit A & C, 2024), new ventilation pipe for boiler/water heater, new exterior paint, new bathroom flooring (Unit C, 2024), Rebuilt Back Deck (2016). 1623 W Grace Street is a strong multi-family opportunity in Richmond’s most premier neighborhood. This property is ideal for an investor looking to expand their portfolio or anyone looking to enter the multi-family market with true presence.
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Additional Information
- Acres
- 0.07
- Living Area
- 2,622
- Elementary School
- Fox
- Middle School
- Dogwood
- High School
- Thomas Jefferson
- Roof
- Built-Up
- Basement
- Partial
- Taxes
- $6,732
Mortgage Calculator
Listing courtesy of One South Commercial LLC. Contact:
Selling Office: BHG Base Camp.
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 .