1209 Wallace St, Richmond, VA, 23220
About This Home
Fantastic High Demand Rental opportunity. Brick QUAD walkable to VCU. All four units are leased with year leases for each tenant. Updates were completed in the property in 2025 totaling $78000 with roof approximately 5-years old. Tenants pay utilities.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: Metal
- Construction materials: Brick,Drywall
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial,Two Story
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Attic: None
Interior Area
- Total interior livable area: 2,496 sqft
Property
Details
- Parcel number: W0000436026
- Zoning description: R-6
- Special condition: Corporate Listing
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony,Rear Porch,Front Porch
- Fencing: Back Yard,Fenced
Lot
- Lot size: 6,250 sqft
Parking
- Parking features: On Street
- 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
No climate risk data available.
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 | $3,944 | $47,328 |
| Home Insurance * | $237 | $2,844 |
| Property Taxes | $774 | $9,288 |
| Electricity | $240 | $2,885 |
| Total | $5,195 | $62,340 |
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 |
|---|---|---|
| 2026-08-18 | Price change | $765,000 |
| 2026-07-27 | Listed for sale | $780,000 |
| 2026-05-19 | Listing removed | $1,150 |
| 2026-01-11 | Listed for rent | $1,150 |
| 2025-12-29 | Sold | $671,000 |
| 2025-11-21 | Pending sale | $300,000 |
| 2025-10-30 | Listed for sale | $300,000 |
| 2025-05-20 | Sold | $450,000 |
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