25 days on rocket

119 W 12th St, Richmond, VA, 23224

$635,000

Home List Price

$7,541*

Closing Credit

0 Baths
2,722 SqFt
$233/SqFt
Multi
Schools Nearby

Location

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119 W 12th St, Richmond$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2013
MLS #2408222
Lot Size0.12 Acres
StatusActive

About 119 W 12th St

Exceptional corner lot duplex investment opportunity situated in the vibrant Manchester neighborhood of Richmond! This meticulously maintained property boasts two spacious apartments, totaling 5 bedrooms and 4 baths. Each unit is thoughtfully designed with desirable features such as hardwood floors, central air, in-unit washer dryer, modern kitchens, and bathrooms. The shared backyard adds an inviting outdoor space for residents. The property’s current rents and impressive long-term rental history underscore its standing as a superior choice in the rental market. Conveniently located just blocks away from the picturesque James River, residents can enjoy a walkable lifestyle with easy access to local restaurants, markets, and coffee shops. Discover the allure of 119 W 12th Porter Street—an investment opportunity that combines modern comforts with a prime location, making it an attractive choice for discerning investors.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2013
  • Living Area: 2,722 SqFt

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Armstrong High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • Blackwell Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $233/SqFt

Tax Information:

  • Annual Amount: $5,064
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

119 W 12th St vs Richmond

25 DAYS ON ROCKET

+3 Days

$635,000

+$291.8K More

$233/SqFt

+$17 More

KEY TAKEAWAY

This property is $291.8K more than the Median Sold Price and $17/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2408222

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

IDX 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2020Home Sold
$970,000
Dec 27, 2012Home Sold
$86,666
Jul 29, 2005Home Sold
$4,774,116

Tax History

YEARPROP. TAXASSESSMENT
2021$5,064$433,000
2020$3,501$422,000
2019$816$377,000
2018$816$285,000

History based on county public records data.

Payment Calculator

$3,237

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3193257
2
/10

  • Blackwell Elementary School

  • 1600 Everett St

  • 0.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3193258
2
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 2.00 miles

  • Public District Grades 6-8

High School

school-card-donut-3193259
10
/10

  • Open High School

  • 600 S Pine St

  • 1.34 miles

  • Public District Grades 9-12

school-card-donut-3193260
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 2.24 miles

  • Public District Grades 6-12

school-card-donut-3193261
1
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 3.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,557. Most Richmond, VA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23224›119 W 12th St

This home is located at 119 W 12th St in Richmond, VA and zip code 23224 in the South Side neighborhood. This 2,722 square foot home, which was built in 2013, sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $635,000.

Richmond, VA housing market in March 2024 saw over 158 listings sold above listed price, more than 70 sold at listed price and over 97 sold below. In March 2024 in Richmond, VA there were 7.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $343,141, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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