1 month on rocket

215 W Clay St, Richmond, VA, 23220

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,822 SqFt
$235/SqFt
Multi
Schools Nearby

Location

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215 W Clay St, Richmond$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
BasementYes
MLS #2407300
Lot Size0.03 Acres
StatusActive

About 215 W Clay St

With a rich history and an unbeatable location, this commercial real estate gem offers a unique opportunity for both investors and owner-occupants alike. Strategically positioned near landmarks such as Virginia Commonwealth University’s medical college, the Virginia State Capitol, Greater Richmond Convention Center, Quirk Hotel Richmond, National Theater, and an array of local retailers and shops, 215 W Clay Street serves as a bustling hub for business, activity, and entertainment. Boasting a walking score of 97, this location ensures convenience and accessibility for tenants and visitors alike. Spanning a total of 3,822 square feet across three floors, this property presents a versatile canvas for various business ventures. The first floor, measuring 1,274 square feet and zoned for B-1 use, currently features a thoughtfully designed gallery/ office space. With its flexible layout and prime location, this space holds immense potential for businesses seeking a vibrant and dynamic setting. Beyond its commercial potential, 215 W Clay Street offers a unique blend of functionality and comfort. The residential portion of the property includes a custom-designed second-floor 2-bed/2-bath apartment and a finished basement, providing a cozy retreat amidst the lively surroundings. The seller’s meticulous attention to detail is evident throughout, ensuring a seamless fusion of historic charm and modern convenience. Whether you’re an investor looking to capitalize on Richmond’s thriving commercial landscape or an owner-occupant seeking a prime location to establish your business, 215 W Clay Street offers an unparalleled opportunity to become a part of Richmond’s storied history while embracing its vibrant future.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,822 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Armstrong High School, Public District Grades 9-12
  • Albert Hill Middle School, Public District Grades 6-8
  • George W. Carver Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $5,225
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

215 W Clay St vs Richmond

32 DAYS ON ROCKET

+10 Days

$899,000

+$555.8K More

$235/SqFt

+$19 More

KEY TAKEAWAY

This property is $555.8K more than the Median Sold Price and $19/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: #2407300

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: 4/27/2024, 3:25:16 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

Feb 26, 2016Home Sold
$425,000
Dec 19, 2013Home Sold
$248,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,225$435,000
2020$8,219$435,000
2019$3,509$435,000
2018$3,509$417,000

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-1014707
2
/10
  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 0.52 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1014708
2
/10
  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 2.33 miles

  • Public District Grades 6-8

High School

school-card-donut-1014709
10
/10
  • Open High School

  • 600 S Pine St

  • 0.88 miles

  • Public District Grades 9-12

school-card-donut-1014710
10
/10
  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 1.69 miles

  • Public District Grades 9-12

school-card-donut-1014711
1
/10
  • Armstrong High School

  • 2300 Cool Ln

  • 2.15 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,226. Most Richmond, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaRichmond23220215 W Clay St

This home is located at 215 W Clay St in Richmond, VA and zip code 23220 in the Jackson Ward neighborhood. This 3,822 square foot home, which was built in 1900, sits on a 0.03 acre lot. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $899,000.

In March 2024 more than 158 listings in Richmond, VA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 97 were sold below. Between February 2024 and March 2024, Richmond, VA real estate market has seen increase in the number of listings by 7.8%. 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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