3518 E Richmond Road #U3, Richmond, VA 23223

Richmond
Local realty services provided by:ERA Real Estate Professionals
3518 E Richmond Road #U3,Richmond, VA 23223
$125,000
  • 2 Beds
  • 1 Baths
  • 760 sq. ft.
  • Condominium
  • Active
Listed by: lauren hammond, madison rutherford
Office: exp realty llc.
MLS#:2604638
Source:RV

Price summary

  • Price:$125,000
  • Price per sq. ft.:$164.47
  • Monthly HOA dues:$122

About this home

Income-producing townhomes in Richmond’s established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow. Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. UNIT 3 available for showings; others occupied. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1966
  • Listing ID #:2604638
  • Added:7 day(s) ago
  • Updated:March 07, 2026 at 05:00 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4
  • Flooring:Carpet, Laminate, Vinyl
  • Living area:760 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:760 sq. ft.
  • Lot area:0.02 Acres
  • Architectural Style:Two Story
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Slab
  • Levels:Two, Two Story

Schools

  • High school:Armstrong
  • Middle school:Martin Luther King Jr.
  • Elementary school:Chimborazo

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$164.47
  • Tax amount:$1,224 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Water Heater
  • Laundry features:Dryer Hookup, Washer Hookup
  • Amenities:Ceiling Fans, Laminate Counters
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.

New listings near 3518 E Richmond Road #U3