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For sale
  • Price cut: $10K (4/15)
    $375,000

    2304 5th Ave, Richmond, VA 23222

    4beds
    2baths
    2,068sqft
    : 
    Duplex
    Built in 2007
    -- sqft lot
    $374,200 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Modernized interiorsOff-street parkingUpdated finishesCentral air
    Located in Richmond’s rapidly evolving North Highland Park neighborhood, 2304 5th Avenue presents a turnkey investment opportunity in a city with a strong local economy and growing job market. This duplex property features two fully leased 2-bedroom, 1-bathroom units, with a total income of $2,565 per month in rental income. Residents enjoy modernized interiors with central air, in-unit washer/dryer, dishwashers, and updated finishes. Tenants cover all utilities, including water, trash, and electricity, ensuring low owner expenses. Off-street parking in the rear adds to the property’s appeal. With North Highland Park experiencing increased investment and revitalization, this asset benefits from the area's continued appreciation. Whether you're a seasoned investor or looking to expand your portfolio, 2304 5th Avenue offers stable cash flow in a city primed for sustained growth.
    25 days
    on Zillow
    |
    601
    |
    36
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 11:04am

    Listed by:

    Justin Sledd 804-307-4060,

    One South Commercial LLC

    Source: CVRMLS,MLS#: 2507066MLS LogoOriginating MLS: Central Virginia Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,068 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,281.35 Square Feet
    Details
    • Parcel number: N0000611005
    • Zoning description: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex
    Materials
    • Aluminum Siding, Vinyl Siding, Wood Siding
    • Roof: Built-Up
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Chestnut Hills
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $250,000
    • Annual tax amount: $2,868
    • Date on market: 3/31/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor
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