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Two-Unit Duplex with Separate Entrances
For Sale
$470,000

714 Chimborazo Blvd, Richmond, VA 23223

Richmond, VA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market105

Property Features for 714 Chimborazo Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Chimborazo
Elementary school Chimborazo
Middle school Martin Luther King Jr.
High school Armstrong
Standard status Active
Lot size 0.07 Acres

Building Details

Year built 1920
Listing Agency: Innsbrook
Listed By: Bill Nelson
Added: May 20 Changed: Aug 23 Last Checked: Sep 1 at 4:06AM
MLS# 2613571

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.

Investment Insights

Based on property information with market context.

This two-unit duplex contains an upper residence and a lower residence, with separate entrances serving each level. Both units are described as bright and include household appliances and the features needed for residential occupancy.

Built in 1920, the property occupies a 0.0717-acre lot in Richmond, Virginia. The two-level arrangement provides distinct living spaces within one residential income property.

Key Highlights

  • Two‑unit duplex with separate upper and lower residences
  • Separate entrances for each unit
  • Household appliances included in both levels

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Furniture & Home Goods Daycare Center Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

417
Businesses Nearby

Demographics for 23223, VA

51,960
Population
27,141
Households
1.9
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
3,111
Density / Sq Mi
$56,518
Median Household Income
$39,828
Median Earnings
$1,224
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Upper and lower units each have their own entrance and household appliances.
Where is this duplex located?
The property is located at 714 Chimborazo Blvd Richmond, VA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two‑unit duplex with separate upper and lower residences; Separate entrances for each unit; Household appliances included in both levels
More about this property
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