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306 N Mulberry Street Unit U2, Richmond, VA 23220

Beds
2
Bath
1
Sqft
850

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

Listed bySmall & Associates
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Overview

In the heart of the Fan, just one block from the Virginia Museum of Fine Arts and the Virginia Museum of History & Culture, this well-positioned condominium offers immediate access to one of Richmond’s most consistently in-demand rental corridors.

The residence includes two bedrooms and a well-designed floor plan suited for strong tenant appeal. The light-filled living room features a decorative (non-working) fireplace and access to a private balcony—details that enhance marketability without adding maintenance complexity. The layout supports comfortable, low-maintenance living in a neighborhood where walkability drives value.

From this address, tenants can reach Carytown, VCU, and downtown Richmond within minutes, along with established dining, shopping, and major commuter routes. Proximity to cultural institutions and employment centers underpins steady rental demand and long-term appreciation potential.

For Owner occupants with a strong need to be in this compelling location or investors, this presents a compelling entry point: a lower acquisition cost relative to surrounding Fan inventory while maintaining comparable rental income potential. CASH OFFERS only. The building’s non-warrantable status—due to a concentration of investor-owned units—limits traditional financing. Take this opportunity to secure this prime location. In a neighborhood where inventory is consistently absorbed, assets at this price point and location are increasingly difficult to find. This is a strategic addition to a Richmond portfolio focused on durable demand and long-term performance.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
1
Number of bedrooms
2
Number of bathrooms
1
Square feet
850
Lot size (acres)
0.12
Year built
1915

Interior features

Basement
Yes
Fireplaces
1

Utilities

Heating
Electric, Heat pump
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$212

Taxes

Tax Annual Amount (2025)
$2,136

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®#: 2602901 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.