2304 5th Avenue, Richmond, VA 23222
- $355,000
- 2,068
- SqFt
- Sold Price
- $355,000
- List Price
- $359,500
- Days on Market
- 48
- Closing Date
- May 30, 2025
- MLS#
- CVR-2507066
- Status
- CLOSED
- Type
- Multifamily
- Style
- Two Story
- Year Built
- 2007
- County
- Richmond City
- Region
- 30 - Richmond
- Neighborhood
- Chestnut Hills
- Subdivision
- Chestnut Hills
Property Description
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.
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Additional Information
- Acres
- 0.14
- Living Area
- 2,068
- Elementary School
- Overby-Sheppard
- Middle School
- Henderson
- High School
- John Marshall
- Roof
- Built-Up
- Basement
- Crawl Space
- Taxes
- $2,868
Mortgage Calculator
Listing courtesy of One South Commercial LLC. Contact:
Selling Office: Plentura Realty LLC.
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 .