1302 Grove Avenue Richmond, VA 23220

Listing agency Marcus & Millichap - Hampton Roads k***@lee-associates.com Show Phone

Listed by Altay Uzun · License #VA 0225214405

Source Crexi

Added: Apr 10 Updated: Jul 20 at 10:57PM Checked: Jul 21 at 6:13AM

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Investment Insights

Based on property information with market context.

This three-unit residential income property consists of one three-story building constructed in 1910. The offering includes one 800-square-foot two-bedroom, one-bath unit, one 1,200-square-foot three-bedroom, two-bath unit, and one 2,000-square-foot four-bedroom, two-bath unit. Interior features include hardwood flooring, ceiling fans, dishwashers, stainless steel appliances, a built-in microwave, and tile flooring in the kitchen.

Located in Richmond’s Fan neighborhood, the property is described as being within walking distance to restaurants, shops, and nightlife. The remarks also note convenient access to Downtown Richmond and Virginia Commonwealth University.

With three residential units in place, this building is positioned to support market-rate tenancy under the current configuration described in the offering materials.

Key Highlights

• Three‑unit, three‑story building built in 1910 on 0.05 acres in Richmond’s Fan neighborhood
• Unit mix: one 2BR/1BA (800 SF), one 3BR/2BA (1,200 SF), and one 4BR/2BA (2,000 SF)
• Hardwood flooring and ceiling fans throughout the units

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FAQs

What type of property is this?

Triplex - Three units in a three-story building built in 1910, offering one 2BR/1BA, one 3BR/2BA, and one 4BR/2BA unit.

Where is this triplex located?

The property is located at 1302 Grove Avenue Richmond, VA.

What are key features of this property?

This property features: Three‑unit, three‑story building built in 1910 on 0.05 acres in Richmond’s Fan neighborhood; Unit mix: one 2BR/1BA (800 SF), one 3BR/2BA (1,200 SF), and one 4BR/2BA (2,000 SF); Hardwood flooring and ceiling fans throughout the units