1609 Foster Rd, Richmond, VA, 23226
About This Home
Exceptional opportunity to own an updated brick rancher in a desirable and consistently high-demand location. Whether you’re looking for a strong investment property or a future primary residence in a great neighborhood, 1609 Foster Rd delivers location, updates, and long-term value. This 3-bedroom, 2 full bath home offers 1,776 square feet of comfortable single-level living with interior updates completed within the last few years, including a renovated kitchen, updated bathrooms, refreshed flooring, and modern paint throughout. Inside, the spacious living and dining areas provide excellent functionality and everyday comfort, while the gas fireplace adds warmth and character. Outside, the large fenced backyard offers plenty of room for entertaining, pets, gardening, or simply enjoying some privacy in a mature established neighborhood. Conveniently located near shopping, dining, parks, and major commuter routes, this home is positioned in an area known for strong demand and lasting appeal. House is tenant occupied with tenants current on rent and lease secured through 4/30/2027, providing immediate rental income and dependable cash flow from day one.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1954
Materials
- Roof: Asphalt
- Construction materials: Brick,Block,Drywall
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dryer,Washer/Dryer Stacked,Dishwasher,Gas Cooking,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood
- Laundry features: Washer Hookup,Dryer Hookup,Stacked
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
Family Room
- Level: First
Features
- Bookcases,Built-in Features,Bedroom on Main Level,Ceiling Fan(s),Dining Area,Fireplace,Granite Counters,Main Level Primary
- Flooring: Partially Carpeted,Tile
- Fireplace features: Gas,Masonry
- Fireplace: Yes
- Attic: Pull Down Stairs
- Finished area below ground: 0
- Finished area above ground: 1,776
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,776 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Other
- Level: First
Property
Details
- Parcel number: 7627448931
- Zoning description: R3
- Other equipment: Generator
- Exclusions: Tenant appliances and property
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Stoop
- Exterior features: Paved Driveway
- Fencing: Chain Link
Lot
- Lot size: 0.27 Acres
Parking
- Parking features: Driveway,Paved
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,070 | $24,840 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $310 | $3,720 |
| Electricity | $202 | $2,433 |
| Total | $2,711 | $32,532 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $419,500 |
| 2025-03-12 | Listing removed | $1,995 |
| 2025-02-13 | Listed for rent | $1,995 |
| 2022-01-04 | Listing removed | -- |
| 2021-08-11 | Listed for sale | $290,000 |
| 2019-01-17 | Listing removed | $1,495 |
| 2018-11-20 | Price change | $1,495 |
| 2018-10-11 | Listed for rent | $1,595 |
| 2018-09-11 | Sold | $192,000 |
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