#2519656, Matt Smith, Listing office: Weichert Brockwell & Associate

1002 Althea Pkwy Richmond, VA 23222
Property details
About 1002 Althea Pkwy
*RVA 4 Property Rental Portfolio For Sale* Investors- This portfolio consists of 4 single family homes, with of them being 3-bedrooms with 1 or 1.5-baths. These units are all rented. Currently these units bring in over $5.500.00 per month, with room to grow. All of these homes are in good condition, well maintained and managed well. If you are looking for a Turnkey Rental Portfolio, then this might be it. But if you are looking to Flip, then these also have some appeal. While most of these need cosmetic fixes due to renting, there is very little needed to sell them Retail, you just need to cycle through the existing tenants. Check the Comps. Sale includes the following properties: 1002 Althea PKWY., 1603 Lyndover Rd., 1703 Parlow Dr., 1906 McDonald Rd..
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater
- Basement: No
- Flooring Type: Linoleum, Partially Carpeted
- Total Bedroom Count: 3
- Private Pool: No
- Architectural Style: Bungalow, Cottage, Ranch
- Heating: Electric, Heat Pump
- Cooling: Heat Pump
- List Price: $905,000
- Price/SqFt: $1,001
- Annual Tax Amount: $1,344
- Tax Year: 2024
- Directions: Take 1st Ave in the City to Althea PKWY, home is at the end of the Cul de sac.
- Year Built: 1960
- Stories: 1
- Living Area: 904 SqFt
- Lot Size: 0.134 Acres
- MLS Number: 2519654
- MLS Name: CVR
- Office Name: Weichert Brockwell & Associate
- Office Phone: (804) 518-0500
- Office Email: john@therealtorpro.com
- Listing Agent: Matt Smith
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 10, 2014 | Home Sold | $20,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $112,000 | $1,344 |
2023 | $110,000 | $888 |
2022 | $87,000 | $888 |
2021 | $75,000 | $888 |
2020 | $74,000 | $888 |
2019 | $64,000 | $684 |
2018 | $57,000 | $684 |
History based on county public records data.
Nearby schools
3
Overby-Sheppard Elementary School
Public District PK-5
0.3 mi
•2300 1st Ave
4
Barack Obama Elementary School
Public District KG-5
1.0 mi
•3101 Fendall Ave
1
George W. Carver Elementary School
Public District KG-5
1.2 mi
•1110 W Leigh St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,090. Most Richmond, VA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1002 Althea Pkwy
The listing price of 1002 Althea Pkwy property is $905,000.
The property 1002 Althea Pkwy is a house located in Richmond, Virginia, 23222.
Active Listing: 1002 Althea Pkwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1002 Althea Pkwy are: Overby-Sheppard Elementary School (GreatSchools Rating 3/10), Barack Obama Elementary School (GreatSchools Rating 4/10), George W. Carver Elementary School (GreatSchools Rating 1/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Thomas H. Henderson Middle School (GreatSchools Rating 1/10), Richmond Community High School (GreatSchools Rating 9/10), Richmond Alternative (GreatSchools Rating 1/10), Armstrong High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,344 (source: MLS/based on county public records data).
The last sale was on June 10, 2014 for $20,000 (source: MLS/tax record).
The property at 1002 Althea Pkwy has 3 bedrooms and 1 bathroom.
The property 1002 Althea Pkwy is 904 SqFt (source: MLS/tax record).
The year of construction for 1002 Althea Pkwy is 1960.
This home is located at 1002 Althea Pkwy in Richmond, VA and zip code 23222 in the Althea Parkway neighborhood. This 904 square foot home, which was built in 1960, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 13, 2025 and is currently priced at $905,000.
Over 210 listings were sold over their listed price in June 2025 in Richmond, VA. In the same period over 112 listings were sold below the listed price and 99 listings were sold for the listed price. In June 2025 in Richmond, VA there were 0.6% more homes for sale than in May. The median list price of listings available in June 2025 was $373,965, while the average time on the real estate market was 18 days.