2607 W Grace St, Richmond, VA, 23220
About This Home
Prime Fan District investment opportunity at 2607 W Grace St—a classic 1910 brick quadplex featuring four (4) one-bedroom apartments in one of Richmond’s most in-demand, walkable locations. With 2,694 sq ft across two stories, plus a partial basement, this property offers a strong footprint for a buy-and-hold strategy with long-term upside. The brick exterior, charming front porch, and off-street parking for two cars add durable appeal and rarity for the neighborhood. Tenants will love being steps from the Fan’s best restaurants, museums, shopping, and nightlife, supporting consistent rental demand. A location-driven asset in a proven submarket—ideal for investors seeking stable cash flow potential and appreciation in the heart of Richmond.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Roof: Metal,Slate
- Construction materials: Brick,Block,Drywall,Plaster
Type & Style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Bedroom on Main Level
- Attic: Access Only
Interior Area
- Total interior livable area: 2,694 sqft
Property
Details
- Parcel number: W0001169011
- Zoning description: R-48
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Fencing: None
Lot
- Lot size: 3,624 sqft
Parking
- Parking features: Off Street,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 | $4,045 | $48,540 |
| Home Insurance * | $243 | $2,916 |
| Property Taxes | $794 | $9,528 |
| Electricity | $259 | $3,113 |
| Total | $5,341 | $64,092 |
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 |
|---|---|---|
| 2026-01-22 | Listed for sale | $800,000 |
| 2024-01-04 | Listing removed | -- |
| 2023-12-14 | Listed for rent | $1,200 |
| 2023-12-01 | Sold | $1,325,000 |
| 2023-10-05 | Listing removed | -- |
| 2023-09-14 | Listed for rent | $1,200 |
| 2023-08-01 | Listing removed | -- |
| 2023-07-24 | Listed for rent | $1,200 |
| 2022-11-18 | Listing removed | -- |
| 2022-10-18 | Listed for rent | $1,200 |
| 2021-02-24 | Listing removed | -- |
| 2020-07-06 | Listing removed | $1,200 |
| 2020-05-14 | Listed for rent | $1,200 |
| 2019-08-03 | Listing removed | $1,200 |
| 2019-04-24 | Listed for rent | $1,200 |
| 2018-07-28 | Listing removed | $1,000 |
| 2018-07-24 | Price change | $1,000 |
| 2018-06-01 | Listed for rent | $900 |
| 2017-09-18 | Listing removed | $1,000 |
| 2017-07-05 | Listed for rent | $1,000 |
| 2017-04-26 | Listing removed | $850 |
| 2017-03-26 | Listed for rent | $850 |
| 1984-08-23 | Sold | $30,000 |
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