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
  • - sq. ft.
  • Condominium
  • Sold
Listed by: lauren hammond, madison rutherford
Office: exp realty llc.
MLS#:2604638
Source:RV

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Price summary

  • Price:$125,000
  • 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. 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.

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Home facts

  • Year built:1966
  • Listing ID #:2604638
  • Added:60 day(s) ago
  • Updated:May 04, 2026 at 06:54 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4
  • Flooring:Carpet, Laminate, Vinyl

Heating and cooling

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

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • 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
  • 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.

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