5508 Grove Ave, Richmond, VA 23226
- Added:
- Jun 19, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 20 at 12:06 pm
Property Features for 5508 Grove Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Multi Family
- Parking features
- Off Street
- Interior features
- EatInKitchen, Fireplace, GraniteCounters, BathInPrimaryBedroom, MainLevelPrimary, WalkInClosets
- Exterior features
- SprinklerIrrigation
- Fireplace
- 1
- Standard status
- Active
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9264
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Slate
- Architectural style
- Colonial
Listing agent Eliza Branch (888) 536-0216
Listing office Grove 5702 Grove Avenue, VA (888) 536-0216
Listing date Jun 19, 2026
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated brick duplex (Colonial style) with slate roof and off‑street parking
- Two‑unit income: total reported income $6,500/month (Unit 1 $3,500/mo; Unit 2 typically $3,000/mo)
- Unit 1 (first floor) offers 2 bed, 2.5 bath with wood‑burning fireplace, hardwood floors, granite/quartz counters, and walk‑in closets
- Unit 2 (second floor) offers 2 bed, 1.5 bath with wood‑burning fireplace, eat‑in kitchen with island and gas cooking, plus stack washer/dryer
- Separate utility metering for each unit, plus newer HVAC and hot water heaters (including new hot water heater for Unit 2)
- Outdoor upgrades include fenced back yard, new rear patio, side porch/balcony, and sprinkler irrigation
Overview
Externally, the duplex includes a rear patio, privacy fencing, updated landscaping with an irrigation system, and new brick walkways at the front and side of the property. The property has new custom storm doors and front doors per unit, insulated replacement windows, and dehumidification in the crawlspace, along with off-street parking and separate entrances reflecting each unit’s street-facing access.
For tenants, this configuration supports either owner-occupancy with rental income or leasing both units. The unit descriptions reflect current and typical rental levels provided in the remarks, and the lower unit is described as occupied until mid-January, supporting planning for an owner or investor who wants to control occupancy timing. With extensive renovations throughout and independent utilities, the property is well suited for buyers seeking a turnkey duplex with practical day-to-day management options.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.5147941
- Latitude
- 37.5730105