5508 Grove Avenue, Richmond, VA 23226

Richmond
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
5508 Grove Avenue,Richmond, VA 23226
$1,195,000
  • - Beds
  • - Baths
  • 2,292 sq. ft.
  • Multi-family
  • Active
Listed by: eliza branch
Office: long & foster realtors
MLS#:2616583
Source:RV

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$521.38

About this home

5508 Grove Avenue - a lovely, fully renovated duplex just steps from the popular Libbie/Grove shops & restaurants. This brick & slate property has been completely renovated inside & out and is a wonderful opportunity to own a high-end, income-producing investment. Live on one floor & rent out the other space, or rent both units. Total income for both units $6,500 per month. The lower unit is currently occupied until mid-January. Unit 1# (first floor): 2 bedrooms, 2.5 baths, entry fronts Seneca Road. The open-concept living room and kitchen has wood-burning fireplace, crown molding, hardwood floors. Kitchen has large island with counter seating, granite and quartz counters. Renovated full baths and an added half bath. Larger bedroom has walk-in closet, stack washer/dryer, large bathroom. 2nd bedroom has built-in Murphy bed & attached full bath. Side porch, access to fenced back yard & patio. Currently rents for $3,500 per month. Unit #2: (second floor) 2 bedrooms, 1.5 baths, entry...

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Home facts

  • Year built:1938
  • Listing ID #:2616583
  • Added:6 day(s) ago
  • Updated:June 26, 2026 at 02:28 PM

Rooms and interior

  • Bedroom Description:Main Level Primary
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,292 sq. ft.

Structure and exterior

  • Roof:Slate
  • Year built:1938
  • Building area:2,292 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Colonial, Two Story
  • Construction Materials:Brick
  • Exterior Features:Balcony, Front Porch, Side Porch, Sprinkler Irrigation
  • Levels:Two, Two Story

Schools

  • High school:Thomas Jefferson
  • Middle school:Albert Hill
  • Elementary school:Munford

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$521.38
  • Tax amount:$9,264 (2025)

Features and amenities

  • Amenities:Granite Counters, Walk-In Closets

Parking

  • Parking description:Off Street
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