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0 Baths
4,325 sqft

$950,000

1524 Grove Ave, Richmond VA, 23220

Price per sqft$219.65
Built in1910
Property size4,325 sqft
Property typeMulti-family

Overview

Active

Listed Nov 6, 2026

Updated 4h ago

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!

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,376
Tax Frequency
Annually
Garage
Yes

Listed by Keller Williams Realty, Michael Ryan, (804) 873-9333 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 11/7/2026

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