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$1,075,000
$1,195,000 10.0%
Est. payment /mo
5,715 SqFt
Sold on 12/12/2025
2303 Parkwood AVE Richmond, VA 23220
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Key Details
Sold Price $1,075,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,715 sqft
Price per Sqft $188
MLS Listing ID 2524643
Sold Date 12/12/25
HOA Y/N No
Year Built 1920
Lot Size 2,700 Sqft
Acres 0.062
Property Description
RARE FAN DISTRICT MULTI-FAMILY OPPORTUNITY! This six-unit brick building has been largely untouched, retaining its original charm and providing a blank canvas for future owners to renovate and reposition for maximum value. Each apartment features a two-bedroom, one-bathroom floor plan, with large kitchens, in-unit washer/dryers, individual boilers with radiant heat, and separate gas water heaters. Utilities are individually metered for electric and gas, ensuring efficient management. The property currently has three vacant units, ideal for immediate renovation, while the other three are leased on a month-to-month basis, giving investors both stability and flexibility. Positioned directly across from Lamplighter Coffee and surrounded by new developments like The Parkline (directly behind the property) and The Carousel (one block away), this location is poised for strong growth and appreciation.
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Individual, Wall Furnace
Exterior
Roof Type Flat
Topography Level
Building
Lot Description Level
Building Description Block, Multi-Tenant,No Elevators
Story 3
Sewer Public Sewer
Water Community/Coop
Level or Stories Three Or More
Structure Type Block
Others
Tax ID W000-1033-008
Ownership Investment
Financing Conventional
Listed by One South Commercial LLC
Bought with NON MLS OFFICE
Bought with NON MLS OFFICE