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Two-Unit Residential Income Property

1903 Fourth St Richlands, VA 24641

1903 Fourth St, Richlands, VA, 24641

$155,000

For Sale

$155,000

MULTI_FAMILY - Richlands, VA

Property Size1,056 SF

Lot Size0.34 Acres

Price / SF$146.78

AddedApr 16

Days on Market90

Last RefreshJul 14 at 2:06 pm

Property Features for 1903 Fourth St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R2
Bedrooms: 3
Bathrooms: 2
Rooms: Bedroom 1, Basement, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
Window features: Vinyl Frames, Insulated Windows
Interior features: Newer Paint
Exterior features: Rain Gutters, Garden
Fencing: Fenced
Fireplace: 1
Basement: Walk-Out Access, Full
Appliances: Range, Refrigerator, Washer, Dryer, Electric Water Heater, 1 Bdrm-Washer/Dryer, 2 Bdrm-Washer/Dryer, 1 Bdrm-Stove, 2 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator
Standard status: Active
Size: 1,056 SF
Lot size: 0.34 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 739

Utilities

Utilities: Propane
Sewer type: Public Sewer
Heating system: Heat Pump (Heating)
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1973
Number of units: 2
Flooring type: Tile, Vinyl, Carpet, Plank, Newer floor covering, Wood
Building materials: Block, Metal Siding
Roof type: Metal, Shingle
Additional Structures: Outbuilding

Listing agent Ramona Simmons License #0225058750

Listing office Fortune Realty of Richlands 2205 Steelsburg Hwy, RICHLANDS, VA

Listing date Apr 16, 2026

MLS# 103133 Listing URL

Copyright © 2026 Southwest Virginia Association of Realtors. 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 two-unit residential income property is located on a large, level corner fenced lot and is described as very well maintained with tenants in place. Unit 1 is an updated 1973 doublewide featuring two bedrooms, two full bathrooms, a large living room with a propane fireplace, a dining room, a kitchen with a breakfast nook, and newer interior flooring and some updated kitchen cabinetry. Unit 1 includes a covered front porch and a large covered rear patio, with heating and cooling provided by an electric heat pump.

Unit 2 is a second-story apartment over a full basement. It includes one bedroom and one bathroom, an eat-in kitchen, a nice side deck, and an above-grade basement area that could be used for storage. Unit 2 has hardwood flooring in the bedroom and living room and vinyl in the kitchen and bath, with heating provided by a propane wall heater; the unit’s age is listed as unknown.

The property is zoned R2 and has a total size of 1,056 square feet, built on approximately 0.34 acres.

Key Highlights

Corner property on Allegheny and Fourth St in the Brooklyn section of Richlands, VA
Year built 1973: updated doublewide (Unit #1) with 2 bedrooms, 2 full baths, living room, dining room, kitchen, and breakfast nook
Unit #1 features a propane fireplace, covered front porch, and large rear covered back patio; newer paint and newer floor covering

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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For sale
Duplexes
VA
Richlands
24641
1903 Fourth St

What type of property is this?

Duplex - Corner lot duplex offers two rentable units with covered porches, patios, and separate heating systems.

Where is this duplex located?

The property is located at 1903 Fourth St Richlands, VA.

What is the asking price?

The asking price for this property is $155,000.

What are key features of this property?

This property features: Corner property on Allegheny and Fourth St in the Brooklyn section of Richlands, VA; Year built 1973: updated doublewide (Unit #1) with 2 bedrooms, 2 full baths, living room, dining room, kitchen, and breakfast nook; Unit #1 features a propane fireplace, covered front porch, and large rear covered back patio; newer paint and newer floor covering