About This Home

This 0-bedroom, 0-bathroom multi-family at 1721 Grove Avenue in Richmond, VA is listed for $1,295,000 ($274 per sqft). Built in 1912, the home offers 4,728 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1912
  • 0.09 acre lot
  • 3 stories

Property Details

3 stories
1912
Listing Description

4-Unit Multifamily Gem, located in The Historic Fan District, Richmond's most resilient rental market. Positioned in an ultra-walkable pocket of The Fan, tenants enjoy seamless access to the neighborhood's iconic dining, tree-lined streets, and vibrant cultural scene.

This handsome brick building is an exceptional investment opportunity. It offers over 4,600 square feet of total living area, split across high-demand layouts, that attract premium tenants. Spacious 1, 2, and 3-bedroom configurations. The 1st floor unit is stunning as it was previously owner-occupied. Perfect opportunity for an investor looking for a stable portfolio addition.

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

1721 Grove Avenue

Richmond, VA 23220

Features & Amenities

Interior Features

BedroomOnMainLevelCeilingFansGraniteCountersLaminateCounters

Exterior Features

Lighting

Property Details

Construction

Brick Block Drywall Frame

Parking

On Street

Appliances

GasWaterHeater

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1721 Grove Avenue is listed at $1,295,000 ($274/sqft). The estimated monthly payment is $6,926 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1912, 0.09 acre lot, 3 stories. Interior Features: BedroomOnMainLevel, CeilingFans, GraniteCounters. Exterior Features: Lighting.

This property is listed by Jim Dunn.

JD

Jim Dunn

License 0225003317

Agent at Joyner Fine Properties

Listed by Joyner Fine Properties · Broker phone: (804) 270-9440 · View on Broker Site · Broker website

MLS# 2626056· Source: Central Virginia Regional Multiple Listing Service· 30 days on PropertySimple

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.

1721 Grove Avenue, Richmond, VA 23220

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