Entity Owned Property summary
This exceptional six-unit apartment building, located at 3230 W Grace St in Richmond, VA, presents a compelling value-add investment opportunity. Built in 1950, this two-story building sits on a 0.142-acre lot (APN: W0001480035) and boasts 3,300 square feet. Currently operating at 100% occupancy, the property features six well-appointed one-bedroom/one-bathroom apartments, each equipped with modern mini-split AC systems and convenient on-site laundry facilities. Residents enjoy ample… on-street parking and dedicated off-street parking spaces. The property's strategic location at the corner of West Grace and Tilden Streets offers easy access to the vibrant Scott's Addition neighborhood, known for its diverse culinary scene, and is within walking distance of two world-class museums. The GRTC Pulse bus rapid transit system is also conveniently located nearby. The R-6 zoning provides flexibility for future development. This property's strong history of high occupancy and low tenant turnover, coupled with the high demand for apartments in this desirable area, makes it a stable and lucrative investment with significant potential for appreciation. The asking price is $1,195,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,300 SF
- Lot area
- 0.14 ac
- Year built
- 1950
- Stories
- 2
- APN
- W-000-1480-035
- Zoning
- R-6 SINGLE FAMILY ATTACHE
- Assessed value · 2024
- $774,000
- Annual tax · 2020
- $20
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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