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$649,000

1320 W Main St Richmond, VA 23220

1,866 sqft
0.06 acres
$348 / sqft
Multi-Family

Property details

About 1320 W Main St

Offered for sale in the heart of Richmond’s Fan District, this versatile 2 story mixed-use duplex presents a rare opportunity for an owner occupant or investor. Located on an elevated site on high visibility W Main Street just steps from VCU, the property totals just under 2,000 square feet and is currently configured as a ground-floor office with a residential apartment above. With flexible zoning and floorplans, both levels are interchangeable for residential or commercial use—making this an ideal option for live/work, studio/gallery, professional office, or a short-term rental investment. The building features four coveted off-street parking spaces (2 captured) in the rear, an exceptional amenity in this densely developed corridor. Surrounded by popular restaurants, neighborhood retailers, and VCU’s bustling urban campus, this well-positioned property offers strong walkability, excellent street frontage, and long-term upside. Whether you’re looking for a unique owner-occupied space or a hybrid investment in one of Richmond’s most iconic neighborhoods, this property delivers flexibility, charm, and location in equal measure.

Highlights

Home typeDuplex
StatusActive
Size1,866 sqft
Lot size0.0583 Acres
Year built1900
MLS #2519506

Summary

  • Basement: No
  • Architectural Style: Two Story
  • List Price: $649,000
  • Price/SqFt: $347
  • Annual Tax Amount: $4,896
  • Tax Year: 2024
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,866 SqFt
  • Lot Size: 0.0583 Acres
  • MLS Number: 2519506
  • MLS Name: CVR
  • Office Name: One South Commercial LLC
  • Office Phone: (804) 266-8831
  • Office Email: commercial@onesouthcommercial.com
  • Listing Agent: Justin Sledd

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: 7/14/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 27, 2023
Home Sold
$410,000

Tax history

YearAssessmentProperty Tax
2024$408,000$4,896
2023$387,000$3,972
2022$387,000$3,972
2021$331,000$3,972
2020$331,000$3,972
2019$312,000$3,624
2018$302,000$3,624

History based on county public records data.

Nearby schools

1

George W. Carver Elementary School

Public District KG-5

0.7 mi

1110 W Leigh St

5

William Fox Elementary School

Public District KG-5

0.8 mi

2300 Hanover Ave

4

John B. Cary Elementary School

Public District KG-5

1.3 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 $31,143. The most common annual income of people living in Richmond, VA is less than $<35k. Most families are single, no kids. Most residents in this area have masters degree education.

How much money do the neighbors make?

54%
<35k
19%
35k-100k
20%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

92%
Single, No Kids
1%
Single, with Kids
5%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
86%
18-34 yrs old
8%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

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

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Frequently asked questions

About 1320 W Main St

The listing price of 1320 W Main St property is $649,000.

The property 1320 W Main St is a multi located in Richmond, Virginia, 23220.

Active Listing: 1320 W Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1320 W Main 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), Open High School (GreatSchools Rating 9/10), Richmond Alternative (GreatSchools Rating 1/10), Richmond Community High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $4,896 (source: MLS/based on county public records data).

The last sale was on January 27, 2023 for $410,000 (source: MLS/tax record).

The property 1320 W Main St is 1,866 SqFt (source: MLS/tax record).

The year of construction for 1320 W Main St is 1900.

This home is located at 1320 W Main St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 1,866 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $649,000.

In June 2025, from all listings sold in Richmond, VA there were more than 210 sold above asking price, over 112 sold below and more than 99 were sold right at the asked price. The number of homes for sale in Richmond, VA increased by 0.6% between May and June 2025. 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.

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

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