Sold

1623 W Grace Street, Richmond, VA 23220

Sqft
2,622

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

Listed byOne South Commercial LLC
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Overview

Renovated 1910’s Victorian triplex in the heart of Richmond’s iconic Fan District. Just blocks from the VCU campus, this triplex has maintained a strong history of 100% occupancy and offer value add opportunities through cosmetic upgrades. The property features two 1 bedroom and one 2 bedroom floor plans. These three apartments offer the charm and character of a historic home including beautiful hardwood floors and decorative fireplaces. Amenities include central air, washer/dryer and off street parking. Additionally, the units are individually metered for electricity.

Recent improvements include: Two new HVAC units (Unit A & C, 2024), new ventilation pipe for boiler/water heater, new exterior paint, new bathroom flooring (Unit C, 2024), Rebuilt Back Deck (2016). 1623 W Grace Street is a strong multi-family opportunity in
Richmond’s most premier neighborhood. This property is ideal for an investor looking to expand their portfolio or anyone looking to enter the multi-family market with true presence.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
2,622
Lot size (acres)
0.07
Year built
1910

Interior features

Basement
Yes

Utilities

Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$6,732

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®#: 2504204 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.