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Greg Spicer Team
"Serving your Real Estate needs since 1986"
Glen Allen, VA
REALTOR®

1524 Grove Avenue , Richmond, VA 23220

$950,000.00
  • 1524 Grove Avenue , Richmond, VA 23220 Main Photo

29 Photos

New to the Market Active
BEDS0 BATHS SQUARE FEET4,325 MLS#2629908
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Welcome to a Fantastic Fan investment opportunity! This 4-5 unit building, complete with a 2-car garage, backs directly up to Lombardy Market (home to some of the BEST deviled eggs you'll find anywhere!) and puts you within walking distance of VCU and everything the Historic Fan District has to offer. 100% occupied and consistently in demand, this property has experienced few, if any, vacancies over the years. The units have been thoughtfully updated, making this an attractive, turn-key investment in one of Richmond's most desirable and walkable neighborhoods. Forget Bitcoin-this is an investment you can see, touch and feel. And every time you drive by, you're going to smile and say, "YES!" Opportunities like this don't come along often. Prime Fan location. Strong rental history. What's not to love? OWNER WILL CONSIDER HOLDING FINANCING FOR QUALIFIED BUYERS!

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Days on Market: 1
Garage: 2
Home Style: Row House
Lot Size: 0.07 Acres
Roof Type: Other, Rubber
Stories: 3.0
Taxes: $8,376
Year Built: 1910

Amenities

Bedroom on Main Level
En Suite Bathroom
Full Bath on Main Level

Feature Descriptions

Appliances: Gas Water Heater
Exterior: Brick, Drywall, Plaster
Fencing: None
Lot Dimensions: 0
Parcel#: W000-0610-029
Parking: Direct Access, Detached, Garage, Off Street, On Street
Sewer: Public Sewer
Units: 4
Water: Public

Local Schools

High School: Thomas Jefferson
Middle School: Lucille Brown
Elementary School: Fox

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Contact: (804) 873-9333

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Estimate Your Payment

Estimated Payment

$ 5,629.35 per month $4,654.27 Principal & Interest $698.00 Property Tax $277.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Town Bank Mortgage
Listed By: Keller Williams Realty

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Disclaimer: The information contained in these listings is deemed reliable but is not guaranteed. These real estate listings were derived from the Central Virginia Regional Multiple Listing Services, LLC, of which this brokerage is an independently owned member. All properties are subject to prior sale, change or withdrawal. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information is deemed reliable but is not guaranteed accurate. The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2007 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.



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These real estate listings were derived from the Central Virginia Regional Multiple Listing Service, LLC, of which this brokerage is an independently owned Participant. The information contained in these listings is deemed reliable but is not guaranteed. All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Central Virginia Regional Multiple Listing Service, LLC. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.


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Agency License Information: Hometown Realty-Licensed in the Commonwealth of Virginia



Agent License Information: Licensed in the State of Virginia

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