1524 Grove Avenue, Richmond, VA 23220

Local realty services provided by:ICON Realty Group ERA Powered
1524 Grove Avenue,Richmond, VA 23220
$950,000
  • - Beds
  • - Baths
  • 4,325 sq. ft.
  • Multi-family
  • Active
Listed by: michael ryan, lisa spalding
Office: keller williams realty
MLS#:2629908
Source:RV

Price summary

  • Price:$950,000
  • Price per sq. ft.:$219.65

About this home

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!

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Home facts

  • Year built:1910
  • Subdivision & Development:None
  • Listing ID #:2629908
  • Added:5 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Partial
  • Living area:4,325 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1910
  • Building area:4,325 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Row House
  • Construction Materials:Brick, Drywall, Plaster
  • Levels:Three Or More

Schools

  • High school:Thomas Jefferson
  • Middle school:Lucille Brown
  • Elementary school:Fox

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$219.65
  • Tax amount:$8,376 (2026)

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Detached, Direct Access, Garage, Off Street, On Street
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. RV Member Broker: Catina Jones