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2859 Hull St, Richmond, VA, 23224

--beds
--baths
2,697sqft
$620,000
$230price/sqft
$4,323/moest. monthly cost
$172,920/yrincome needed

About This Home

Welcome to 2859 Hull Street, a versatile multi-family asset strategically positioned in the sought-after Burfoot Addition. Located along the revitalizing Hull Street Corridor and just moments from the vibrant Manchester neighborhood, this property offers a rare and lucrative opportunity for savvy investors or owner-occupiers looking to build equity in a high-growth area. The building is currently configured as two distinct, spacious units: Upper Level: A bright 3-bedroom, 1-bathroom floor plan. Lower Level: A substantial 3-bedroom, 3-bathroom layout, offering significant rental premium potential. This property is a canvas for your vision, whether you are looking to complete a high-end renovation or add a solid performer to your rental portfolio. For a streamlined development process, approved plans and permits are already on file and available upon request. The property is being sold AS-IS, WHERE-IS. Prospective buyers are encouraged to perform their own due diligence to unlock the full potential of this unique Manchester-adjacent gem. Schedule your private showing today and secure your stake in one of the city's most dynamic corridors!

Getting Around

64
WalkingSomewhat Walkable
46
TransitSome Transit
65
BikeBikeable

Schools

3/10
1/10
River City MiddleGrades 6-83.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial,Two Story
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: Crawl Space

Features

  • Attic: Pull Down Stairs

Interior Area

  • Total interior livable area: 2,697 sqft

Property

Details

  • Parcel number: S0001223013
  • Zoning description: B-3

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,800 sqft

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

  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $3,135$37,620
Home Insurance *$314$3,768
Property Taxes $615$7,380
Electricity $259$3,117
Total$4,323$51,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,217/yr
40% on housing$129,690/yr
45% on housing$115,280/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 23224$139
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23224$200
Richmond City$226

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)

No zestimate history available

Price History

DateEventPrice
2026-08-18Listed for sale$579,000
2026-08-17Listing removed$599,995
2026-08-11Price change$599,995
2026-08-03Price change$620,000
2026-06-16Price change$625,000
2026-05-14Listed for sale$630,000
2024-08-26Listing removed$419,995
2024-07-13Price change$449,995
2024-04-09Listed for sale$499,995
2023-08-01Sold$155,000
2007-07-02Sold$57,409
1999-05-17Sold$70,500

For Sale by Agent

AgentAmanda Hardesty
BrokerageHardesty Homes

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