# 1246 Parkwood Avenue, Richmond, VA 23220

> **TL;DR:** 3bd/2ba single family, $425,000 ($297/sqft), built 1900, 1,432 sqft.
> A/C. Est. $1,842/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Price/sqft | $297 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,432 |
| Year Built | 1900 |
| Lot Size | 2,283 sqft (0.05 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 29 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,842 |
| **Total** | **$1,842** |

## Nearby Schools

- **Elementary:** Fox
- **Middle:** Albert Hill
- **High:** Thomas Jefferson

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.05 acre lot
- 2 stories

## Description

### Agent Description
LOCATION, LOCATION, LOCATION, this home has been used as a student rental and is less than 1 block from the VCU academic campus. Granite countertops, hardwood floors along with all appliances including newer fridge, stove, washer & dryer convey. Parking is often a challenge in this area but up to four cars can be parked in the rear off street parking area. Student housing is in great demand in this area and this home rents via word of mouth. Get in now and you can decide to rent to current tenants or could be a great investment for parents of VCU students. Currently rented at $2900 or 8% Cap Rate. Lease ends in May. New rental offered to current tenants at $3200.

## Location

- **Address:** 1246 Parkwood Avenue, Richmond, VA 23220
- **County:** Richmond City
- **Coordinates:** 37.544309, -77.457796
- **Google Maps:** https://www.google.com/maps?q=37.544309,-77.457796

## Listing Agent

- **Name:** Mike Drechsler
- **Brokerage:** Rashkind Saunders & Co.
- **Phone:** 8042403463
- **Email:** mike@mikedrechsler.com

## Primary Photo

![1246 Parkwood Avenue - Primary Photo](http://lh.rdcpix.com/3d92c08d6e2a4af524ff13b1b92b3dfal-f639105922r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/1246-parkwood-avenue-richmond-va-23220-2606162)*

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**MLS#:** 2606162 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1246-parkwood-avenue-richmond-va-23220-2606162)

---

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