317 S Granby Street, Richmond, VA 23220
Local realty services provided by:ERA Woody Hogg & Assoc.
317 S Granby Street,Richmond, VA 23220
$445,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: paul liberti
Office: boone residential llc.
MLS#:2606586
Source:RV
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Price summary
- Price:$445,000
About this home
Turnkey investment opportunity featuring a well-maintained duplex with two income-producing units, ideal for both seasoned investors and those looking to expand their portfolio! Each unit offers 2 bedrooms and 1 full bath, with strong rental history and upside potential based on current market comparables.
Unit A offers approximately 800 sq ft and is currently leased at $1,270/month plus $80 pet rent ($1,415 total), with a lease term through 05/31/2026. This unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Estimated market rent ranges from $1,700–$1,750, presenting an excellent value-add opportunity.
Unit B features a more spacious layout at approximately 1,085 sq ft and is leased at $1,335/month through 06/07/2027. Similar to Unit A, this unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Market rent is also projected at $1,700–$1,750.
Both tenants pay all utilities, minimizing owner expenses. Interior highlights across the property include hardwood flooring, ceramic tile, stainless steel appliances, ceiling fans, and built-in bookshelves, creating a desirable living space for tenants. Exterior features include a charming front porch and fenced rear yard, adding to tenant appeal.
With stable leases already in place and room to increase rents over time, this property offers a strong combination of immediate cash flow and long-term appreciation potential. Renewal status to be confirmed, providing flexibility for future planning.
Don’t miss this opportunity to own a solid, income-generating property with built-in upside!...
Contact an agent
Home facts
- Year built:1925
- Listing ID #:2606586
- Added:63 day(s) ago
- Updated:June 12, 2026 at 08:03 AM
Rooms and interior
- Basement:Yes
- Basement Description:Crawl Space
Structure and exterior
- Roof:Shingle
- Year built:1925
- Architectural Style:Two Story
- Construction Materials:Brick
- Levels:Two, Two Story
Schools
- High school:Thomas Jefferson
- Middle school:Albert Hill
- Elementary school:Lois-Harrison Jones
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$445,000
- Tax amount:$4,776 (2025)
Features and amenities
- Appliances:Electric Water Heater
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