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1209 Wallace Street, Richmond, VA 23220

Sqft
2,496

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMotleys Real Estate
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Overview

Fantastic Investment Opportunity Walkable to VCU! Don’t miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood—just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond’s best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations with a roof approximately 5 years old. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond’s most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
2,496
Lot size (acres)
0.14
Year built
1920

Utilities

Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$6,384

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Central Virginia Regional MLS MLS®#: 2530376 Last checked:

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 Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.