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    Modern Duplex in Richmond, VA Title is generated by Realmo AI

    1703 Maury Street, Richmond, VA 23224

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    Claim this Listing
    Pending
    $485,000

    MULTI_FAMILY - Modern - Richmond, VA

    Property size:
    2,010 SF
    Lot size:
    0.10 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 1703 Maury Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Dining Room
    Parking features
    Off Street
    Patio and Porch features
    Patio, Deck
    Interior features
    DiningArea, GraniteCounters, HighSpeedInternet, WiredForData
    Appliances
    ElectricWaterHeater
    Standard status
    Pending
    APN
    S000-0234-020
    Size
    2,010 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 2 S28 0028.00X0155.00 0000.100 AC
    Tax Annual Amount
    5496

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2021
    Floors in Building
    2
    Number of units
    2
    Building materials
    Drywall, Frame, HardiplankType
    Roof type
    Flat
    Architectural style
    Modern

    We can help!

    Listing Contact
    Jesse Booth

    Listing agent Jesse Booth License #0225200451

    Listing office Tattershall Real Estate 101 Poe St Suite 31, Richmond, VA

    Listing date Apr 6, 2026

    MLS# 2607405 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.

    HighLights

    • 2021 modern duplex with a flat roof and hardiplank‑type exterior
    • Each unit features an open living and kitchen layout plus private outdoor space (deck and patio)
    • Granite counters, dining area, and wired for data with high‑speed internet
    • In‑unit washer and dryer, plus modern appliances including an electric water heater
    • Off‑street parking available
    • Served by public water and public sewer

    Overview

    This modern, new construction duplex in Richmond, VA, presents an opportunity for investors or owner-occupants. The property features an open floor plan and a modern layout. Each unit is designed for privacy, with minimal shared wall contact. Both units include contemporary finishes, modern appliances, stylish home details, and in-unit washer and dryer. The main level includes a half bath, and the open living and kitchen areas create a bright atmosphere. Each unit has private outdoor space. Additional features include off-street parking and low-maintenance new construction. The property size is 2010 square feet and the lot size is 0.0996 acres.

    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 $40.5k $20.16
    − Vacancy −$2.6k −$1.31
    EGI $37.9k $18.85
    − OpEx −$11.4k −$5.65
    NOI $26.5k $13.19
    2,010 SF · lease $20.16/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $378.9K
    $331.5K – $442.0K (±1% cap)
    NOI $26,521 @ 7.0% cap · market cap 5.47%
    Second Best
    Apartment 5plus
    $355.7K
    $311.3K – $415.0K (±1% cap)
    NOI $24,901 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Office A
    $464.4K
    $406.3K – $541.8K (±1% cap)
    NOI $32,506 @ 7.0% cap · market cap 6.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.445325
    Latitude
    37.515029

    FAQs

    What type of property is this?
    Duplex - New construction duplex: ideal investment or owner-occupant opportunity.
    Where is this duplex located?
    The property is located at 1703 Maury Street Richmond, VA.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: 2021 modern duplex with a flat roof and hardiplank‑type exterior; Each unit features an open living and kitchen layout plus private outdoor space (deck and patio); Granite counters, dining area, and wired for data with high‑speed internet
    More about this property
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