$975,000

1220 W Franklin St Richmond, VA 23220

$10,000
Closing credit¹
5 beds
2 full, 2 partial
3,326 sqft
0.1 acres
$293 / sqft
House

Property details

About 1220 W Franklin St

Charming Historic Home in Richmond’s Fan District Welcome to this beautifully preserved and thoughtfully updated detached historic home in the heart of the Fan District. Boasting five bedrooms, two full baths, and two half baths, this spacious residence blends timeless character with modern comfort. Step onto the inviting front porch, perfect for relaxing or entertaining, with ample seating space. Inside, the freshly painted interior features updated flooring throughout—hardwood floors preserved under new carpet—complementing the home’s classic charm. The first floor offers a gracious layout with a living room featuring custom built-ins, a formal dining room with additional built-ins, a sun-filled eat-in kitchen, and a separate office—ideal for working from home. Upstairs on the second floor, you’ll find four spacious bedrooms and a Florida room bathed in natural light, overlooking the tranquil backyard. The third floor provides a versatile fifth bedroom or recreation room along with a convenient half bath. Outdoor living is equally impressive, with a large deck and expansive stone patio, surrounded by privacy trees and fencing—perfect for outdoor dining, lounging, or gathering around a firepit. At the rear of the property, enjoy paved parking for three cars, accessible via a garage door that opens to a newly paved alley. This home is a rare find in one of Richmond’s most desirable and walkable neighborhoods—just steps from cafes, parks, and all the vibrant culture the Fan has to offer.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Radiant
StatusActive
CoolingWall Unit(s)
Size3,326 sqft
BasementYes
Lot size0.1085 Acres
Year built1923
MLS #2511201

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Wet Bar, Bookcases, Built-in Features, Breakfast Area, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, High Speed Internet, Laminate Counters, Bath in Primary Bedroom, Pantry, Cable TV, Wired for Data, Workshop
  • Total Bedroom Count: 5
  • Private Pool: No
  • Exterior: Lighting, Porch
  • Architectural Style: Two Story
  • Heating: Natural Gas, Radiant
  • Cooling: Wall Unit(s)
  • List Price: $975,000
  • Price/SqFt: $293
  • Annual Tax Amount: $9,168
  • Tax Year: 2024
  • Directions: Stuart Circle; 1st block of West Franklin Street - end of Monument Avenue headed East
  • Year Built: 1923
  • Stories: 2
  • Living Area: 3,326 SqFt
  • Lot Size: 0.1085 Acres
  • MLS Number: 2511201
  • MLS Name: CVR
  • Office Name: Real Broker LLC
  • Office Email: Membership@TheRealBrokerage.com
  • Listing Agent: Melissa Karlson

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: 5/9/2025, 10:20:29 PM 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 facade with stucco siding and fence

$975,000

1220 W Franklin St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 12, 2021
Home Sold
$700,000

Tax history

YearAssessmentProperty Tax
2024$764,000$9,168
2023$751,000$6,528
2022$605,000$6,528
2021$558,000$6,528
2020$544,000$10,268
2019$517,000$5,652
2018$471,000$5,652

History based on county public records data.

Nearby schools

1

George W. Carver Elementary School

Public District KG-5

0.5 mi

1110 W Leigh St

5

William Fox Elementary School

Public District KG-5

0.6 mi

2300 Hanover Ave

4

John B. Cary Elementary School

Public District KG-5

1.4 mi

3021 Maplewood Ave

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 $14,203. The most common annual income of people living in Richmond, VA is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

71%
<35k
16%
35k-100k
7%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

88%
Single, No Kids
1%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
69%
18-34 yrs old
17%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Chico'sChico's

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1220 W Franklin St

The listing price of 1220 W Franklin St property is $975,000.

The property 1220 W Franklin St is a house located in Richmond, Virginia, 23220.

Active Listing: 1220 W Franklin St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1220 W Franklin St are: George W. Carver Elementary School (GreatSchools Rating 1/10), William Fox Elementary School (GreatSchools Rating 5/10), John B. Cary Elementary School (GreatSchools Rating 4/10), Binford Middle School (GreatSchools Rating 1/10), Albert Hill Middle School (GreatSchools Rating 2/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Richmond Alternative (GreatSchools Rating 1/10), Open High School (GreatSchools Rating 9/10), Richmond Community High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $9,168 (source: MLS/based on county public records data).

The last sale was on October 12, 2021 for $700,000 (source: MLS/tax record).

The property at 1220 W Franklin St has 5 bedrooms and 2 full and 2 half bathrooms.

The property 1220 W Franklin St is 3,326 SqFt (source: MLS/tax record).

The year of construction for 1220 W Franklin St is 1923.

This home is located at 1220 W Franklin St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 3,326 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $975,000.

Richmond, VA housing market in April 2025 saw over 179 listings sold above listed price, more than 71 sold at listed price and over 105 sold below. The number of homes for sale in Richmond, VA increased by 20.4% between March and April 2025. In April 2025 median list price was $372,487 and the average listing age was 18 days.

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

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