$5,937 Closing Credit¹
Michael Ryan, Listing Office: Keller Williams Realty
#2502294·
Listing Office: One South Commercial LLC·
Listing Agent: Justin Sledd·
Listing Office Phone: (804) 266-8831
$4,738
closing credit¹
1106 S Lombardy St Richmond, VA 23220
$399,000 List price
$4,738
Closing credit¹
1,824 sqft
0.1 acres
$219 / sqft
Multi-Family
Property details
About 1106 S Lombardy St
Prime investment opportunity in the heart of Richmond, VA. This built-as duplex features two spacious, two-story townhome-style units, each offering a 2-bedroom, 1-bathroom floor plan with separately metered electricity and water, making it an excellent option for both investors and owner-occupants alike. Situated on an expansive lot, the property boasts a large, fenced-in backyard, providing valuable outdoor space for tenants or potential future improvements. The location is highly desirable, positioned just minutes from Virginia Commonwealth University (VCU), the historic Fan District, and Carytown, ensuring strong rental demand year-round. Residents will enjoy close access to local hotspots, including Lamplighter Coffee Roasters, Garnett’s Café, and Blanchard’s Coffee, as well as convenient proximity to VCU’s Monroe Park Campus, grocery stores, and major retail corridors. Richmond’s thriving rental market continues to see steady appreciation, with strong demographic trends driving demand for well-located housing near major employment centers. Whether you're looking to expand your investment portfolio or secure an owner-occupied property in a high-growth area, 1106 S Lombardy Street offers exceptional potential in one of Richmond’s growing neighborhoods. Don’t miss this unique opportunity to own a versatile, income-producing asset in a premier location!
Highlights
Home typeDuplex
StatusActive
Size1,824 sqft
Lot size0.1422 Acres
Year built1957
MLS #2502294
Summary
- MLS Number: 2502294
- MLS Name: CVR
- Office Name: One South Commercial LLC
- Office Phone: (804) 266-8831
- Office Email: commercial@onesouthcommercial.com
- Listing Agent: Justin Sledd
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: 1/30/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
1106 S Lombardy St
$4,738
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
5
William Fox Elementary School
Public District KG-5
1.1 mi
•2300 Hanover Ave
4
John B. Cary Elementary School
Public District KG-5
1.1 mi
•3021 Maplewood Ave
1
George W. Carver Elementary School
Public District KG-5
1.4 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 $25,033. Residents of Richmond, VA typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
67%
<35k
27%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
67%
Single, No Kids
18%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Forever 21
Family Dollar
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Volkswagen
Mazda
Cadillac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1106 S Lombardy St in Richmond, VA and zip code 23220 in the Randolph neighborhood. This 1,824 square foot home, which was built in 1957, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $399,000.
In December 2024 more than 115 listings in Richmond, VA were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 160 were sold below. The number of listings in Richmond, VA decreased by 7.1% between November and December 2024. The median list price of listings available in December 2024 was $363,385, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.