515 Catherine Street, Richmond, VA 23220

$335,000
3
BD
2
BA
1,363
SqFt

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Sold Price
$335,000
List Price
$349,945
Days on Market
9
Closing Date
Apr 22, 2025
MLS#
CVR-2501870
Status
CLOSED
Type
Single Family Residential
Style
Two Story
Year Built
1990
Bedrooms
3
Full-baths
1
Half-baths
1
County
Richmond City
Region
10 - Richmond

Property Description

Nestled in a prime location, 515 Catherine St offers incredible potential for savvy investors. This 3-bedroom, 1-bathroom property is the sister property to 513 Catherine St, with similar renovation potential to transform it into a 4-bedroom, 4-bathroom layout, maximizing rental income and market value. Currently rented for $2,196/month with no vacancies in 5 years, this property is a reliable income producer. While not as updated as its sister property, its charm and functionality make it a solid investment. With a spacious shared backyard, there’s ample room to expand the property or enhance parking—a feature already setting this home apart in the area. This is your chance to secure a valuable asset at an attractive price point. Investors can capitalize on the potential to increase rents significantly through thoughtful renovations, following the model of 513 Catherine St. Tenants require atleast 24 hours notice to show please

Additional Information

Acres
0.08
Living Area
1,363
Elementary School
Carver
Middle School
Albert Hill
High School
Thomas Jefferson
Roof
Composition
Cooling
Central Air
Heating
Electric, Forced Air
Taxes
$3,720

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Calculator source: Real Geeks

Listing courtesy of Long & Foster REALTORS. Contact: (804) 418-9864

Selling Office: Long & Foster REALTORS.

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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 .