3518 E Richmond Rd #U12, Richmond, VA, 23223
About This Home
Income-producing townhomes in Richmond’s established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow. Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1966
Materials
- Roof: Composition
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Two Story
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Water Heater,Water Heater
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Door features: Insulated Doors
- Window features: Screens,Thermal Windows
- Flooring: Carpet,Laminate,Vinyl
- Attic: Access Only
- Finished area below ground: 0
- Finished area above ground: 760
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total interior livable area: 760 sqft
Other
- Level: Second
Property
Details
- Parcel number: E0001763097
- Attached to another structure: Yes
- Zoning description: R-53
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Lot size: 740.52 sqft
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 | $632 | $7,584 |
| Home Insurance * | $51 | $612 |
| Property Taxes | $130 | $1,560 |
| Electricity | $202 | $2,433 |
| Total | $1,015 | $12,180 |
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 |
|---|---|---|
| 2026-03-05 | Listed for sale | $125,000 |
| 2021-12-02 | Sold | $69,000 |
| 2021-10-21 | Pending sale | $69,000 |
| 2021-10-18 | Listed for sale | $69,000 |
| 2019-06-26 | Sold | $55,250 |
| 2019-04-18 | Listed for sale | $58,000 |
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