531 Mosby Street, Richmond, VA 23223
Local realty services provided by:ERA Woody Hogg & Assoc.
531 Mosby Street,Richmond, VA 23223
$160,000
- 0.07 Acres
- Lots / Land
- Active
Listed by:christian brock
Office:hometown realty
MLS#:2523307
Source:RV
Price summary
- Price:$160,000
About this home
Great Chance to build a BRAND NEW Home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP’s needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill’s favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth.
Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24’x159’) can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48’x159’) is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market.
Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don’t miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city’s most dynamic locations.
Contact an agent
Home facts
- Listing Id #:2523307
- Added:1 day(s) ago
- Updated:August 22, 2025 at 08:52 PM
Structure and exterior
- Lot area:0.07 Acres
Schools
- High school:Armstrong
- Middle school:Martin Luther King Jr.
- Elementary school:Bellevue
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$160,000
- Tax amount:$1,200 (2024)
The 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 © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.New listings near 531 Mosby Street
- Open Sun, 1 to 3pmNew
$650,000Active3 beds 4 baths2,342 sq. ft.2105 Maplewood Avenue, Richmond, VA 23220
MLS# 2523596Listed by: NEST REALTY GROUP - New
$254,900Active3 beds 2 baths1,606 sq. ft.469 Patrick Avenue, Richmond, VA 23222
MLS# 2523689Listed by: THE HOGAN GROUP REAL ESTATE - Open Sun, 1 to 3pmNew
$719,950Active3 beds 3 baths2,070 sq. ft.1827 W Cary Street #D, Richmond, VA 23220
MLS# 2520842Listed by: REAL BROKER LLC - Open Sun, 1 to 3pmNew
$649,000Active3 beds 2 baths1,886 sq. ft.5 N Robinson Street, Richmond, VA 23220
MLS# 2523649Listed by: RE/MAX COMMONWEALTH - New
$400,000Active2 beds 2 baths1,019 sq. ft.901 Porter Street #U305, Richmond, VA 23224
MLS# 2522986Listed by: RIVER FOX REALTY LLC - New
$240,000Active2 beds 2 baths1,261 sq. ft.529 Mosby Street, Richmond, VA 23223
MLS# 2523283Listed by: HOMETOWN REALTY - New
$280,000Active2 beds 1 baths1,008 sq. ft.219 N 19th Street #23, Richmond, VA 23223
MLS# 2523434Listed by: SMALL & ASSOCIATES - New
$379,500Active3 beds 2 baths1,554 sq. ft.1303 Dubois Avenue, Richmond, VA 23220
MLS# 2523620Listed by: CAPCENTER - New
$795,000Active5 beds 4 baths2,969 sq. ft.11 Dahlgren Road, Richmond, VA 23238
MLS# 2521930Listed by: THE STEELE GROUP
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.