Available for $225,000

Buy It Now for $235,000

Beds: 2
Bath: 1.5
Sqft: 1,027

Year Built: 1992

Taxes: $3,324/2025

0.06 Acre Lot​

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***

 

Positioned in the historic Oregon Hill neighborhood this property offers investors a compelling opportunity to add value and build long-term equity. With potential for a rental hold, renovation, or resale, it provides multiple exit strategies to match different investment goals. The property’s residential setting and strong surrounding demand create solid potential for rental income and future appreciation, while targeted improvements can unlock additional value. For investors looking for a flexible Richmond acquisition with upside, this is an opportunity worth a closer look.

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 ARV:  $350K

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Comps:

1. 3 Bed, 2 Bath, 1,080 Sqft - 605 S Laurel St. Richmond, VA 23220

Sold for $350,000 on 11/27/2023

2. 3 Bed, 1 Bath, 1,338 Sqft - 808 China St. Richmond, VA 23220

Sold for $345,000 on 02/04/2026​

3. 3 Bed, 4 Bath, 2,028 Sqft - 605 Spring St. Richmond, VA 23220

Sold for $320,000 on 04/24/2018

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Property Highlights:

• Convenient Location 

• ​Window Units and Forced Hot Air 

• Public Water and Sewer

• ​Covered Front Porch

• Fenced Back Yard 

• Vinyl Flooring

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PID: W000-0161-003

Legal Description: 0040.92X0066.00 0000.000