1209 Wallace Street, Richmond, VA 23220

Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
1209 Wallace Street,Richmond, VA 23220
$300,000
  • - Beds
  • - Baths
  • 2,496 sq. ft.
  • Multi-family
  • Active
Listed by:carly hancock
Office:motleys real estate
MLS#:2530376
Source:RV

Price summary

  • Price:$300,000
  • Price per sq. ft.:$120.19

About this home

Fantastic Investment Opportunity Walkable to VCU! Don’t miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood—just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond’s best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond’s most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.

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Home facts

  • Year built:1920
  • Listing ID #:2530376
  • Added:2 day(s) ago
  • Updated:November 02, 2025 at 03:32 PM

Rooms and interior

  • Living area:2,496 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:1920
  • Building area:2,496 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Thomas Jefferson
  • Middle school:Dogwood
  • Elementary school:Fox

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$120.19
  • Tax amount:$6,384 (2025)
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