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    3504 1St Ave Richmond, VA 23222

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    For Sale
    $250,000

    Single-family home set up as a duplex for flexible living.

    Lot size:
    0.11 Acres

    Property Features for 3504 1St Ave

    General Information

    Lot size
    0.11 Acres
    Exterior features
    exterior_features, : ["Porch", "Metal"]
    Interior features
    Interior Feature 1, : "Fireplace", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Natural Gas", "Interior Feature 4": "Wall Unit(s)", "Interior Feature 5": "Gas Water Heater"

    Building Details

    Year built
    1917

    Source: Dalton Realty Agent [email protected]

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Duplex Home For Sale

    This single-family home is thoughtfully set up as a duplex, offering versatility and space. It is suitable for multi-generational living, rental income, or an owner-occupant seeking additional revenue. The home features two complete living spaces, each with its own full kitchen, full bathroom, spacious living room, and private bedroom areas. The layout supports a wide range of lifestyle and financial goals, whether to rent one unit and live in the other, or maximize it entirely as an investment property. The home is located minutes from a local park, restaurants and everyday conveniences. The property requires some repairs and is being sold as is.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4144802
    Latitude
    37.576894

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    FAQs

    What type of property is this?
    Duplex - Single-family home set up as a duplex for flexible living.
    Where is this duplex located?
    The property is located at 3504 1St Ave Richmond, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Duplex setup: Ideal for rental income or multi-generational living; - Two complete living spaces: Each with full kitchen and full bathroom; - Convenient location: Minutes from local park, restaurants, and everyday conveniences
    Request Owner's contact information
    3504 1St Ave Richmond, VA 23222
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    Richmond, VA 23222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3504 1St Ave Richmond, VA 23222
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