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2607 W Grace St, Richmond, VA, 23220

4beds
4baths
2,694sqft
$800,000
$297price/sqft
$5,341/moest. monthly cost
$213,640/yrincome needed

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

89
WalkingVery Walkable
48
TransitSome Transit
83
BikeVery Bikeable

Schools

8/10
5/10
Binford Middle SchoolGrades 6-80.8 mi
4/10

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