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Listed price in listed location currency (USD).
$474,950

000

MLS® 2606586

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2170 sqft
Garage 
Taxes $4,776
Days Active 14
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $218
MLS® Number 2606586

Property Address: 317 S Granby St, Richmond, VA, 23220-5920

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

Description

Turnkey investment opportunity featuring a well-maintained duplex with two income-producing units, ideal for both seasoned investors and those looking to expand their portfolio! Each unit offers 2 bedrooms and 1 full bath, with strong rental history and upside potential based on current market comparables. Unit A offers approximately 800 sq ft and is currently leased at $1, 270/month plus $80 pet rent ($1, 415 total), with a lease term through 05/31/2026. This unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Estimated market rent ranges from $1, 700–$1, 750, presenting an excellent value-add opportunity. Unit B features a more spacious layout at approximately 1, 085 sq ft and is leased at $1, 335/month through 06/07/2027. Similar to Unit A, this unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Market rent is also projected at $1, 700–$1, 750. Both tenants pay all utilities, minimizing owner expenses. Interior highlights across the property include hardwood flooring, ceramic tile, stainless steel appliances, ceiling fans, and built-in bookshelves, creating a desirable living space for tenants. Exterior features include a charming front porch and fenced rear yard, adding to tenant appeal. With stable leases already in place and room to increase rents over time, this property offers a strong combination of immediate cash flow and long-term appreciation potential. Renewal status to be confirmed, providing flexibility for future planning. Don’t miss this opportunity to own a solid, income-generating property with built-in upside!
MLS® Number2606586
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$474,950List Price
  • Commute

Commute

Starting Address
Destination Address
317 S Granby St, Richmond, VA

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