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1119 W Grace St, Richmond, VA, 23220

5beds
4baths
1,702sqft
$650,000
$382price/sqft
$4,330/moest. monthly cost
$173,200/yrincome needed

About This Home

This is a nice brick duplex near VCU with off street parking. It has separate gas and electric meters. One water meter. Both units have central air and washer/dryer. The first floor unit has 2 baths and expands into a finished basement. The second floor unit has 2 full baths. This property is very sound and in great condition. The second floor is rented through November 30, 2026. The first floor through September, 30 2026. Just a short walk to VCU. A perfect location for students.

Getting Around

95
WalkingWalker's Paradise
53
TransitGood Transit
90
BikeBiker's Paradise

Schools

7/10
1/10
Binford Middle SchoolGrades 6-80.4 mi
4/10

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Shingle,Slate
  • Construction materials: Brick,Drywall

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Heated,Partial

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Attic: Pull Down Stairs

Interior Area

  • Total interior livable area: 1,702 sqft

Property

Details

  • Parcel number: W0000614010

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Back Yard

Parking

  • Parking features: Assigned,Off Street

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $3,286$39,432
Home Insurance *$197$2,364
Property Taxes $645$7,740
Electricity $202$2,433
Total$4,330$51,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,457/yr
40% on housing$129,900/yr
45% on housing$115,466/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

$382This listing

vs Other Active Listings

Avg $/sqft

ZIP 23220$251
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23220$296
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)

Price History

DateEventPrice
2026-08-15Price change$635,000
2026-07-24Listed for sale$650,000
2024-09-13Listing removed$1,600
2024-08-06Listed for rent$1,600
2023-09-25Listing removed--
2023-07-22Listed for rent$1,500
2021-02-24Listing removed--
2020-09-17Listing removed$1,500
2020-08-25Price change$1,500
2020-07-03Listed for rent$1,800
2019-07-21Listing removed$1,800
2019-06-21Listed for rent$1,800
2018-09-21Sold$369,500

For Sale by Agent

AgentJennie Guo
BrokerageUnited Real Estate Richmond

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