11 days on rocket

1827 W Main St, Richmond, VA, 23220

$975,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,634 SqFt
$268/SqFt
Multi
Schools Nearby

Location

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1827 W Main St, Richmond$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1900
BasementYes
MLS #2408543
Lot Size0.07 Acres
StatusActive

About 1827 W Main St

Located in the heart of The Fan on a bustling street and surrounded by neighborhood favorites like Goatocado and the Visual Arts Center, 1827 W Main offers a great opportunity to capitalize on the booming RVA market. You’ll be able to take advantage of four total units including two residential apartments and two commercial spaces. The apartments offer two bedrooms each with two full bathrooms and are well-appointed with hardwood floors, tall ceilings, lots of natural light, renovated bathrooms w/ tile surround, updated kitchens with white cabinets, granite counters and SS appliances and in-unit laundry. Apartment A, located on the first floor, has exclusive use to a large outdoor patio area and the partial basement that provides additional storage. Apartment B is located on the second floor with new tenants moving in May 2024. There are two commercial spaces with the first floor offering two rooms with tall ceilings, original hardwood floors and two decorative fireplaces. This space is unoccupied at the moment, so it’s perfect for someone who could utilize some extra room for their business. Upstairs is the second commercial space and it’s currently occupied by a strong long term tenant, KV Immigration and Taxes. This property will be a great addition to any portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,634 SqFt

Listing Office:

  • Office Name: Hometown Realty
  • Office Phone: (804) 249-2792
  • Listing Agent: Ernie Chamberlain

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Cable TV

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Thomas Jefferson High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Binford Middle School, Public District Grades 6-8
  • William Fox Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $268/SqFt

Tax Information:

  • Annual Amount: $6,360
  • 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

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

1827 W Main St vs Richmond

11 DAYS ON ROCKET

-7 Days

$975,000

+$628.6K More

$268/SqFt

+$50 More

KEY TAKEAWAY

This property is $628.6K more than the Median Sold Price and $50/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: #2408543

Listing Office:

  • Office Name: Hometown Realty
  • Office Phone: (804) 249-2792
  • Listing Agent: Ernie Chamberlain

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: 5/4/2024, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 29, 2021Home Sold
$560,000
Jun 13, 2013Home Sold
$343,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,360$530,000
2020$4,560$530,000
2019$3,936$500,000
2018$3,936$478,000

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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-5669977
4
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5669978
3
/10

  • Binford Middle School

  • 1701 Floyd Ave

  • 0.12 miles

  • Public District Grades 6-8

High School

school-card-donut-5669979
10
/10

  • Open High School

  • 600 S Pine St

  • 1.06 miles

  • Public District Grades 9-12

school-card-donut-5669980
3
/10

  • Thomas Jefferson High School

  • 4100 W Grace St

  • 1.98 miles

  • Public District Grades 9-12

school-card-donut-5669981
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.44 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 $43,795. Residents of Richmond, VA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23220›1827 W Main St

This home is located at 1827 W Main St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 3,634 square foot home, which was built in 1900, sits on a 0.07 acre lot. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $975,000.

Richmond, VA housing market in April 2024 saw over 201 listings sold above listed price, more than 89 sold at listed price and over 85 sold below. Between March 2024 and April 2024, Richmond, VA real estate market has seen increase in the number of listings by 10%. Listings spent 18 days on the market in April 2024, and had a median list price of $346,381 during the same period.

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

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