New

$1,495,000

For Sale

3 hours ago

8 E Main St, Richmond, VA

Name: 8 E Main St, For Sale in Richmond - eXp Realty
Brand: PARK 27
SKU: 2611242
Price: 1495000 USD

House

MLS® 2611242

0 Bed

0 Bath

5 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1890

MLS® Number 2611242

Property Address: 8 E Main St, Richmond, VA, 23219-2110

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

Description

8-10 E. Main St is a fully legal six-unit building in the heart of Downtown Richmond. The property carries a special zoning designation permitting six short-term rental units—an uncommon approval in the City of Richmond and a meaningful barrier to entry. Currently configured as one one-bedroom apartment and 5 two bedroom apartments, the building includes five designated parking spaces, a distinct advantage in this location. It offers updated water heaters and interiors. Energy-efficient replacement windows were installed in 2024, enhancing performance and comfort. A monitored fire sprinkler system meets current code requirements. With a Walk Score of 97, the property is steps from Downtown, VCU, VCU Medical Center (MCV), the Arts District, The Jefferson Hotel, The Commonwealth Club, and The Common House. Dining, employment, and cultural venues are within easy reach. **Investment Profiles** **1. Legal Short-Term Rental Asset** Compliant, income-producing property in a market where approvals are limited. Proximity to VCU, state government, and Downtown employers supports consistent occupancy from business travelers, visiting faculty, and medical professionals. Recent improvements support efficient operations with minimal near-term capital needs. **2. Long-Term Multifamily Investment** The location supports steady demand from professionals, graduate students, and hospital staff. One and two-bedroom units in a walkable Downtown setting with dedicated parking remain highly desirable. Updated interiors and systems reduce turnover and maintenance exposure. **3. Condominium Conversion Opportunity** The layout and location support a boutique condominium conversion. Demand for centrally located one and two bedroom residences remains strong among first-time buyers, professionals, and downsizing owners seeking proximity to work and amenities. Existing renovations and window upgrades position the property closer to condominium-grade standards.

MLS® Number2611242

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1890

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 29, 2026List Date

$1,495,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker