# 2603 W Grace Street, Richmond, VA 23220

> **TL;DR:** residential multi family, $618,000 ($407/sqft), built 1958, 1,518 sqft. Est. $2,678/mo. Listed 81 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $618,000 |
| Price/sqft | $407 |
| Square Feet | 1,518 |
| Year Built | 1958 |
| Lot Size | 4,905 sqft (0.11 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 81 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,678 |
| **Total** | **$2,678** |

## Nearby Schools

- **Elementary:** Fox
- **Middle:** Dogwood
- **High:** Thomas Jefferson

## Property Highlights

- Built in 1958
- 0.11 acre lot

## Description

### Agent Description
Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

## Location

- **Address:** 2603 W Grace Street, Richmond, VA 23220
- **County:** Richmond City
- **Coordinates:** 37.559708, -77.468277
- **Google Maps:** https://www.google.com/maps?q=37.559708,-77.468277

## Listing Agent

- **Name:** Bryan Boykin
- **Brokerage:** ERA Woody Hogg & Assoc
- **Phone:** 8044678637
- **Email:** BryanBoykin@erawoodyhogg.com

## Primary Photo

![2603 W Grace Street - Primary Photo](http://lh.rdcpix.com/d9f53cd7e06cdb6adf40be719934b4b0l-f1878652324r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/2603-w-grace-street-richmond-va-23220-2601767)*

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**MLS#:** 2601767 | **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/2603-w-grace-street-richmond-va-23220-2601767)

---

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