2034 W Grace Street, Richmond, VA 23220
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
2034 W Grace Street,Richmond, VA 23220
$998,900
- - Beds
- - Baths
- 5,703 sq. ft.
- Multi-family
- Pending
Listed by: chris small
Office: park 27
MLS#:2615451
Source:RV
Price summary
- Price:$998,900
- Price per sq. ft.:$175.15
About this home
2034 W. Grace Street | Fully-Leased Fan District Duplex | Richmond, VA
Own a fully rented, cash-flowing duplex on the top block of the historic West Grace Street Historic District — one of the Fan's most walkable locations. This 1908 two-family gem is 100% leased, generating approximately $58,000 in gross annual income — with tenants paying ALL utilities. That's stabilized income from day one, with none of the utility-management headaches.
Here's what makes this Richmond investment stand out: two HUGE and spacious 4-bedroom, 2-bath apartments spread across roughly 5,000 square feet on a 4,445-square-foot lot, plus the rare bonus of off-street parking in a neighborhood where parking is at a premium. Each unit offers generous formal and informal living space, separate dining areas, in-unit laundry, private balcony access, and extra storage — the kind of layout tenants want and renew for.
Fresh upgrades are already done: interior and exterior paint, updated lighting, professional landscaping, pressure washing, and detailed cleaning. Move-in ready income, no deferred maintenance to inherit.
Location seals the deal — a 97/100 Walk Score puts you steps from VCU, downtown Richmond, museums, and the Fan's best restaurants and shops - right aroudn the corner from Whole Foods - all within a protected historic district. Properties like this, fully leased with strong numbers, off-street parking, and historic pedigree, don't sit on the market long.
Scale, stabilized income, off-street parking, and historic character on Richmond's most in-demand block — schedule your showing today before this one is gone....
Contact an agent
Home facts
- Year built:1908
- Subdivision & Development:None
- Listing ID #:2615451
- Added:93 day(s) ago
- Updated:September 08, 2026 at 07:43 AM
Rooms and interior
- Living area:5,703 sq. ft.
Structure and exterior
- Roof:Metal, Rubber
- Year built:1908
- Building area:5,703 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Colonial, Two Story
- Construction Materials:Brick, Drywall, Mixed, Plaster
- Levels:Two, Two Story
Schools
- High school:Thomas Jefferson
- Middle school:Dogwood
- Elementary school:Fox
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$998,900
- Price per sq. ft.:$175.15
- Tax amount:$9,456 (2025)
Features and amenities
- Amenities:Bay Windows, Granite Counters
Parking
- Parking description:Assigned, No Garage, Off Street, On Street
- Garage:Yes
- Garage spaces:3
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