3 days on Rocket
#2518752, Louise Freedman, Listing office: Long & Foster REALTORS
#2505190·
Listing office: Compass·
Listing agent: Alyssa Devereaux·
Listing office phone: (804) 386-3985
$980,000 List price
115 S Arthur Ashe Blvd Richmond, VA 23220
3,200 sqft
0.09 acres
$306 / sqft
Multi-Family
Property details
About 115 S Arthur Ashe Blvd
Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring modern kitchens, stylish bathrooms, and well-maintained original details. The location is unbeatable—just steps from Carytown, VMFA, breweries, top-rated restaurants, and boutique shopping. With strong rental demand in this area, proximity to VCU, downtown, and major highways, this property is ideal for generating consistent rental income while benefiting from long-term appreciation! Reach out and schedule your showing today!
Highlights
Home typeQuadruplex
StatusActive
Size3,200 sqft
BasementYes
Lot size0.0854 Acres
Year built1913
ParkingDetached, Garage, Off Street
MLS #2505190
Garage2 spaces
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Garage, Off Street
- Architectural Style: Two Story
- List Price: $980,000
- Price/SqFt: $306
- Annual Tax Amount: $9,396
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1913
- Stories: 2
- Living Area: 3,200 SqFt
- Lot Size: 0.0854 Acres
- MLS Number: 2505190
- MLS Name: CVR
- Office Name: Compass
- Office Phone: (804) 386-3985
- Listing Agent: Alyssa Devereaux
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: 7/14/2025, 7:45:29 PM 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 |
|---|---|---|
| Aug 02, 2022 | Home Sold | $800,000 |
| Aug 02, 2021 | Home Sold | $725,000 |
| Mar 31, 2003 | Home Sold | $330,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $783,000 | $9,396 |
| 2023 | $739,000 | $5,040 |
| 2022 | $656,000 | $5,040 |
| 2021 | $430,000 | $5,040 |
| 2020 | $420,000 | $5,040 |
History based on county public records data.
Nearby schools
4
John B. Cary Elementary School
Public District KG-5
0.4 mi
•3021 Maplewood Ave
5
William Fox Elementary School
Public District KG-5
0.5 mi
•2300 Hanover Ave
1
George W. Carver Elementary School
Public District KG-5
1.5 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 $51,342. Most Richmond, VA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
41%
<35k
39%
35k-100k
10%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
83%
Single, No Kids
5%
Single, with Kids
9%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
64%
18-34 yrs old
26%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Major League Soccer (MLS)
NBA/WNBA
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Qdoba
Sonic
Starbucks
What do the neighbors drive?
Volkswagen
Infiniti
Pontiac
What do the neighbors listen to?
Urban Contemporary
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 115 S Arthur Ashe Blvd
The listing price of 115 S Arthur Ashe Blvd property is $980,000.
The property 115 S Arthur Ashe Blvd is a multi located in Richmond, Virginia, 23220.
Active Listing: 115 S Arthur Ashe Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 115 S Arthur Ashe Blvd are: John B. Cary Elementary School (GreatSchools Rating 4/10), William Fox Elementary School (GreatSchools Rating 5/10), George W. Carver Elementary School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Albert Hill Middle School (GreatSchools Rating 2/10), Lucille M. Brown Middle School (GreatSchools Rating 2/10), Thomas Jefferson High School (GreatSchools Rating 5/10), Open High School (GreatSchools Rating 9/10), Richmond Alternative (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $9,396 (source: MLS/based on county public records data).
The last sale was on August 2, 2022 for $800,000 (source: MLS/tax record).
The property 115 S Arthur Ashe Blvd is 3,200 SqFt (source: MLS/tax record).
The year of construction for 115 S Arthur Ashe Blvd is 1913.
This home is located at 115 S Arthur Ashe Blvd in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 3,200 square foot home, which was built in 1913, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $980,000.
While more than 210 listings in Richmond, VA in June 2025 were sold above asking price, there were more than 99 listings sold at asking price, and more than 112 were sold below. The number of listings in Richmond, VA increased by 0.6% between May and June 2025. While the average time on the market in June 2025 was 18 days, the median list price was $373,965.
From Rocket Homes Real Estate and based on county public records data.