2517 Grove Ave, Richmond, VA 23220
- Sqft
- 6,087
- Garage
- Yes
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Remarkable opportunity to own a fully established, turnkey, income-producing multifamily property, in the heart of Richmond's most iconic and enduring neighborhood. This building positioned on one of the most recognizable and sought-after streets in the city consists of Three large 2 lrg. bedroom 1 bath apartments and One 1 bedroom 1 bath apartment, with lofted area with lots of options. Each unit serviced with central air and heat pump systems with individual thermostat controls. The building also offer 4 off street parking spaces. All units are separately metered for electricity, owner provides water. Front porch roof replaced in March 2026. The neighborhood has a very high walkability rating with some of the best restaurants, parks, entertainment and cultural venues/events the city has to offer all with walking distance. The location also benefits from a high quality rental pool that consists of young professionals, VCU and University of Richmond Students. Whether you are an owner occupant, a seasoned investor expanding your portfolio or a first time income property buyer this property delivers character, caliber and consistent performance at a level rarely found in this market. Don't miss this opportunity to own a real gem of a property in one of Richmond's most popular and historically significant neighborhoods. Great value add opportunity with lots of room for increased rents. Offers reviewed as received.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 6,087
- Lot size (acres)
- 0.16
- Year built
- 1910
Interior features
- Basement
- Yes
Exterior features
- Pool
- Yes
Garage and parking
- Garage parking spaces
- 4
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $10,860
Public schools
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®#: 2613836 Last checked: …

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