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4632 Grove Ave Unit 5, Richmond, VA, 23226

1beds
1baths
650sqft
$255,000
$392price/sqft
$1,762/moest. monthly cost
$70,480/yrincome needed

About This Home

Welcome home to this stylish 1-bedroom, 1-bath condo offering 650 square feet of comfortable city living. Featuring beautiful hardwood floors throughout and a modern kitchen with stainless steel appliances, this inviting home combines classic charm with contemporary finishes. The efficient layout maximizes every square foot, creating a bright and functional living space that's perfect for relaxing or entertaining. Conveniently located in the heart of Grove Avenue you'll enjoy easy access to dining, shopping, entertainment, and public transportation. Rear gravel lot offers off street parking and a shared basement allows for locked storage. Whether you're a first-time buyer, investor, or looking for a low-maintenance urban retreat, this condo is an exceptional opportunity.

Getting Around

25
WalkingCar-Dependent
26
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

10/10
4/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Other
  • Construction materials: Brick,Drywall

Type & Style

  • Home type: Condo
  • Architectural style: Tri-Level
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dishwasher,Electric Cooking,Electric Water Heater,Disposal,Refrigerator,Stove
  • Laundry features: Stacked

Basement

  • Has basement: Yes
  • Basement: Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Granite Counters,Walk-In Closet(s)
  • Flooring: Ceramic Tile,Wood
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 650

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total interior livable area: 650 sqft

Other

  • Level: First

Property

Details

  • Parcel number: W0190275044
  • Attached to another structure: Yes

Features

  • Levels: One,Multi/Split
  • Stories: 1
  • Pool features: None
  • Fencing: None

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

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 $1,289$15,468
Home Insurance *$80$960
Property Taxes $191$2,292
Electricity $202$2,433
Total$1,762$21,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,411/yr
40% on housing$52,860/yr
45% on housing$46,986/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

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 23226$375
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23226$347
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
2026-08-17Price change$245,000
2026-07-27Price change$255,000
2026-07-09Listed for sale$265,000
2018-02-13Sold$167,500
2014-02-14Sold$118,000

For Sale by Agent

AgentLacey Kearney
BrokerageProvidence Hill Real Estate

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