USAVARichmond1010 Park Ave
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1010 Park Ave, Richmond, VA

Real Estate

Sold

Listed price in listed location currency (USD).
$1,500,000
$1,500,000

000

MLS® 2525664

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4878 sqft
Garage No
Taxes $12,280
Lot Size 0.062 acres
Approx. Age 1910
Avg. Price Per Sqft $307
MLS® Number 2525664

Property Address: 1010 Park Ave, Richmond, VA, 23220-4733

Average square foot calculated using Size range provided by listing agent.

Description

AMAZING INVESTMENT OPPORTUNITY IN THE HEART OF THE FAN DISTRICT. Just steps from VCU, this updated 4 UNIT property spans 4, 878 sqft and features a total of 10 bedrooms and 8 bedrooms. The building has been fully renovated with modern systems: central air/heat pumps, updated plumbing and electric, sprinkler system, fire alarm monitoring, double-paned windows, in-unit laundry, and a metal roof. The property is fully leased and generates a strong monthly income of $9, 805 and has been owned for many years with 100% occupancy. With three dedicated parking spaces, high rental demand, and its unbeatable location near VCU, downtown, and major highways, this is a prime opportunity for investors or owner-occupants seeking both immediate cash flow and long-term appreciation. With no rent increases this year, there is strong upside potential for rent growth. Don't miss out on this rare opportunity to acquire a turn-key, cash-flowing asset in one of Richmond's most desirable neighborhoods conveniently located steps from all of the amenities the FAN has to offer.
MLS® Number2525664
Laundry LevelWasher Hookup, Dryer Hookup, Stacked
Central VacNo
FireplaceNo
Acreage0.062
Exterior
GarageNo
Approx. Age1910
BasementFull
DrivewayAssigned, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Sep 26, 2025End Date
$1,500,000Sold Price

Sold

Sep 15, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1010 Park Ave, Richmond, VA

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