$980,000

115 S Arthur Ashe Blvd Richmond, VA 23220

$10,000
Closing credit¹
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

  • MLS Number: 2505190
  • MLS Name: CVR
  • Office Name: Compass
  • Office Phone: (804) 386-3985
  • Listing Agent: Alyssa Devereaux

IDX 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: 3/15/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with brick siding

$980,000

115 S Arthur Ashe Blvd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 02, 2022
Home Sold
$800,000
Aug 02, 2021
Home Sold
$725,000
Mar 31, 2003
Home Sold
$330,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,342. The majority of Richmond, VA residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

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 CoursesContinuing Education Courses
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • SonicSonic
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • InfinitiInfiniti
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

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.

In February 2025 more than 94 listings in Richmond, VA were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 92 were sold below. The number of listings in Richmond, VA increased by 9.1% between January and February 2025. In February 2025 median list price was $365,089 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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