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222 W Marshall St, Richmond, VA, 23220

4beds
2baths
2,142sqft
$480,000
$224price/sqft
$3,259/moest. monthly cost
$130,360/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Richmond's vibrant Jackson Ward neighborhood! This well-maintained duplex at 222 W Marshall Street offers the perfect combination of historic character, strong income history, and an unbeatable location. Two 2 bedroom, 1 bath units, each featuring updated kitchen open to the living room, generously sized bedrooms, hardwood floors through-out, providing comfortable living for tenants or owner-occupants alike. The property's classic architectural details are complemented by functional layouts designed for everyday living. Ideally situated just minutes from Virginia Commonwealth University (VCU), Downtown Richmond, the Arts District, restaurants, breweries, shopping, and major employers, this property offers convenient access to everything the city has to offer. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this duplex presents outstanding flexibility and long-term value. With its prime location, strong rental appeal, and timeless Richmond charm, 220 W Marshall Street is a rare opportunity you won't want to miss. Can be sold as package deal along with 220 W Marshall St.

Getting Around

97
WalkingWalker's Paradise
62
TransitGood Transit
81
BikeVery Bikeable

Schools

4/10
--

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Slab
  • Roof: Flat,Rubber
  • Construction materials: Brick,Drywall

Type & Style

  • Home type: Townhouse
  • Architectural style: Row House,Two Story
  • Property subType: Townhouse,Duplex,Multi Family,Multi Family,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Tankless Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup,Stacked

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Eat-in Kitchen,Fireplace,Granite Counters,High Ceilings,Cable TV,Window Treatments
  • Window features: Window Treatments
  • Fireplace: Yes
  • Attic: None

Interior Area

  • Total interior livable area: 2,142 sqft

Property

Details

  • Parcel number: N0000150034
  • Zoning description: R-02

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 1,263 sqft
  • Features: Level

Parking

  • Parking features: No Garage,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

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

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 $2,427$29,124
Home Insurance *$146$1,752
Property Taxes $480$5,760
Electricity $206$2,475
Total$3,259$39,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,737/yr
40% on housing$97,770/yr
45% on housing$86,906/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

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 23220$253
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
2026-07-09Listed for sale$480,000
2026-03-17Listing removed$1,500
2026-02-19Listed for rent$1,500
2022-05-26Listing removed--
2022-05-05Listed for rent$1,275
2021-06-13Listing removed--
2021-05-04Listed for rent$1,275
2021-02-27Listing removed--
2020-07-20Listing removed$1,275
2020-07-05Listed for rent$1,275
2020-05-11Listing removed$1,275
2020-05-01Listed for rent$1,275
2019-05-10Listing removed$1,275
2019-04-04Listed for rent$1,275
2018-07-19Listing removed$1,275
2018-07-01Listed for rent$1,275
2018-06-21Sold$313,790
2014-08-01Listing removed$279,950
2014-04-02Listed for sale$279,950

For Sale by Agent

AgentTimea Harisova
BrokerageSnipes Properties

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