Two-Unit Townhome With
10 S Robinson Street Richmond, VA 23220
10 S Robinson Street, Richmond, VA, 23220
$399,950
Pending
For Sale
$399,950
Pending
TOWNHOME - Other - Richmond, VA
Property Size1,811 SF
Lot Size0.05 Acres
Days on Market68
Property Features for 10 S Robinson Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Parking features
- Off Street, On Street
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- W000-1160-019
- Size
- 1,811 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 0019.45X0103.00 0000.000
- Tax Annual Amount
- 4752
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Drywall, Frame, VinylSiding, WoodSiding
- Architectural style
- Other
Listing Agency
Keller Williams Realty
(804) 282-5901
6806 Paragon Place, Ste. 300, Richmond, VA
Listed by
Michael Ryan · License #0225045605
(804) 873-9333
Added: May 11 Checked: Jul 17 at 10:06 pm
MLS# 2612541
Listing URL
Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This townhome property features two separate two-bedroom, one-bath units. Each unit includes an open living room and kitchen layout, gas cooking and gas heating, and central air. Off-street parking is provided for the units. Utility management is split: electric and gas are metered separately, while water and sewer are either paid by the owner or billed to the tenants.
The property is located in Richmond, with the listing remarks placing it in the Fan District. The offering notes it is conveniently located near “everything that's RVA,” and that it is offered along with an attached property at 8 S Robinson Street, with the option to buy one or both.
Overall, the building provides a straightforward two-unit residential income configuration with separate metering and central air in each unit.
The property is located in Richmond, with the listing remarks placing it in the Fan District. The offering notes it is conveniently located near “everything that's RVA,” and that it is offered along with an attached property at 8 S Robinson Street, with the option to buy one or both.
Overall, the building provides a straightforward two-unit residential income configuration with separate metering and central air in each unit.
Key Highlights
- Two‑bedroom, one‑bath units offered with off‑street parking
- Gas cooking and gas heating, plus central air in the units
- Public water and public sewer connections
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $20.16 |
| − Vacancy | −$2.4k | −$1.31 |
| EGI | $34.1k | $18.85 |
| − OpEx | −$10.2k | −$5.65 |
| NOI | $23.9k | $13.19 |
1,811 SF · lease $20.16/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$341.4K
$298.7K – $398.3K
NOI $23,896 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$320.5K
$280.5K – $373.9K
NOI $22,436 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Station 10 Barber
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-bedroom, one-bath units each offer off-street parking, open living/kitchen layout, and separately metered gas and electric.
Where is this duplex located?
The property is located at 10 S Robinson Street Richmond, VA.
What is the asking price?
The asking price for this property is $399,950.
What are key features of this property?
This property features: Two‑bedroom, one‑bath units offered with off‑street parking; Gas cooking and gas heating, plus central air in the units; Public water and public sewer connections
