Two-Unit Townhome With
8 S Robinson Street Richmond, VA 23220
8 S Robinson Street, Richmond, VA, 23220
$399,950
For Sale
$399,950
TOWNHOME - Other - Richmond, VA
Property Size1,789 SF
Lot Size0.05 Acres
Price / SF$223.56
Days on Market68
Property Features for 8 S Robinson Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Parking features
- On Street, Parking Lot
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- W000-1160-018
- Size
- 1,789 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 0019.54X0103.00 0000.000
- Tax Annual Amount
- 4692
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Drywall, Frame, VinylSiding, WoodSiding
- Architectural style
- Other
Listing Agency
Keller Williams Realty
(804) 282-5901
6806 Paragon Place, Ste. 300, Richmond, VA
Listed by
Michael Ryan · License #0225045605
(804) 873-9333
Added: May 11 Checked: Jul 17 at 9:06 pm
MLS# 2612539
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.
Investment Insights
Based on property information with market context.
This two-unit townhome offers two-bedroom, one-bath living spaces with an open living room and kitchen layout. Each unit includes gas cooking and gas heating, along with central air. Off-street parking is available for the units, and electric and gas utilities are metered separately. Water and sewer are handled apart from those metered utilities, with the remarks indicating the owner pays or bills those costs to tenants.
The property is located at 8 S Robinson Street in Richmond City, within the Fan District. It is also being offered along with an attached property at 10 S Robinson, with the option to buy one or both.
The units provide practical, self-contained configurations with dedicated utility metering for electric and gas, supporting straightforward tenant-by-tenant management of those services.
The property is located at 8 S Robinson Street in Richmond City, within the Fan District. It is also being offered along with an attached property at 10 S Robinson, with the option to buy one or both.
The units provide practical, self-contained configurations with dedicated utility metering for electric and gas, supporting straightforward tenant-by-tenant management of those services.
Key Highlights
- Two 2‑bedroom, 1‑bath units in Richmond’s Fan District
- Off‑street parking available, plus on‑street and parking lot parking
- Gas cooking and gas heating, with central air in the units
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 | $36.1k | $20.16 |
| − Vacancy | −$2.3k | −$1.31 |
| EGI | $33.7k | $18.85 |
| − OpEx | −$10.1k | −$5.65 |
| NOI | $23.6k | $13.19 |
1,789 SF · lease $20.16/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$337.2K
$295.1K – $393.4K
NOI $23,605 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$316.6K
$277.0K – $369.4K
NOI $22,163 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$413.3K
$361.7K – $482.2K
NOI $28,932 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Well Personal Fitness
Gym & Fitness Center
Holistic Healing Habits
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-bedroom, one-bath units feature open living space, gas heat/cooking, central air, and off-street parking.
Where is this duplex located?
The property is located at 8 S Robinson Street Richmond, VA.
What is the asking price?
The asking price for this property is $399,950.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in Richmond’s Fan District; Off‑street parking available, plus on‑street and parking lot parking; Gas cooking and gas heating, with central air in the units
