#2515434, Justin Sledd, Listing office: One South Commercial LLC
#2506945·
Listing office: Hometown Realty·
Listing agent: Matt Jarreau·
Listing office phone: (804) 249-2792
$875,000 List price
1714 Hanover Ave Richmond, VA 23220
3,454 sqft
0.08 acres
$253 / sqft
Multi-Family
Property details
About 1714 Hanover Ave
A prime location in the heart of The Fan and an incredible investment opportunity is waiting at 1714 Hanover Ave! This all brick multi-family home offers lots of old world charm that’s true to the neighborhood. The first floor unit is fully occupied at $2,700/month and boasts 3-4 bedrooms (one area is a flex space, but works as a bedroom) and 1 bath, original pine floors, exposed brick, tall ceilings and multiple decorative fireplaces. Each bedroom is nicely sized with hardwood floors and a ceiling fan/light combo. It’s equipped with mini-split units that were installed in 2022. The large kitchen and dining areas are combined in the rear and this setup creates an abundance of natural light. There’s access to the backyard that sports a newer deck and brick pavers. Upstairs you’ll find another fully occupied unit that rents for $2,700/month. It’s a 3 bedroom with a huge open living room at the top of the steps featuring two stately brick fireplaces, tall ceilings and recessed lighting. Each bedroom offers hardwood floors, ceiling fan/light fixture and ample closet space. You’ll find mini splits throughout that were installed in 2023. And there’s a balcony off the kitchen that overlooks the backyard! Both units are equipped with washer/dryer units and each has access to the partial basements for additional storage. The Fan is known for its walkability, its restaurants, and its shops… you’ll always have your pick of people who want to call 1714 Hanover Ave home!
Highlights
Home typeDuplex
StatusActive
Size3,454 sqft
BasementYes
Lot size0.078 Acres
Year built1912
ParkingOn Street
MLS #2506945
Summary
- Appliances: Gas Water Heater, Water Heater
- Basement: Yes
- Interior: Beamed Ceilings, Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Fireplace, High Ceilings, Laminate Counters, Cable TV
- Parking: On Street
- Architectural Style: Two Story
- List Price: $875,000
- Price/SqFt: $253
- Annual Tax Amount: $8,796
- Tax Year: 2024
- Lot: Level
- Directions: From N Meadow St, Left on Hanover Ave. Property is on the Left.
- Year Built: 1912
- Stories: 2
- Living Area: 3,454 SqFt
- Lot Size: 0.078 Acres
- MLS Number: 2506945
- MLS Name: CVR
- Office Name: Hometown Realty
- Office Phone: (804) 249-2792
- Office Email: licensing@htrsi.com
- Listing Agent: Matt Jarreau
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: 7/15/2025, 11:45:29 AM 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 |
|---|---|---|
| Dec 28, 2023 | Home Sold | $845,000 |
| Apr 11, 2022 | Home Sold | $715,000 |
| Aug 05, 2019 | Home Sold | $605,000 |
| Aug 27, 2012 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $733,000 | $8,796 |
| 2023 | $723,000 | $6,744 |
| 2022 | $633,000 | $6,744 |
| 2021 | $590,000 | $6,744 |
| 2020 | $562,000 | $6,744 |
| 2019 | $540,000 | $6,480 |
| 2018 | $510,000 | $6,120 |
History based on county public records data.
Nearby schools
5
William Fox Elementary School
Public District KG-5
0.4 mi
•2300 Hanover Ave
1
George W. Carver Elementary School
Public District KG-5
0.7 mi
•1110 W Leigh St
4
John B. Cary Elementary School
Public District KG-5
1.2 mi
•3021 Maplewood Ave
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 $34,200. The most common annual income of people living in Richmond, VA is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
34%
35k-100k
7%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
2%
Single, with Kids
14%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
65%
18-34 yrs old
23%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Chico's
Banana Republic
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Sonic
What do the neighbors drive?
Audi
Volvo
Infiniti
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1714 Hanover Ave
The listing price of 1714 Hanover Ave property is $875,000.
The property 1714 Hanover Ave is a multi located in Richmond, Virginia, 23220.
Active Listing: 1714 Hanover Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1714 Hanover Ave are: William Fox Elementary School (GreatSchools Rating 5/10), George W. Carver Elementary School (GreatSchools Rating 1/10), 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), Thomas Jefferson High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $8,796 (source: MLS/based on county public records data).
The last sale was on December 28, 2023 for $845,000 (source: MLS/tax record).
The property 1714 Hanover Ave is 3,454 SqFt (source: MLS/tax record).
The year of construction for 1714 Hanover Ave is 1912.
This home is located at 1714 Hanover Ave in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 3,454 square foot home, which was built in 1912, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $875,000.
In June 2025 more than 210 listings in Richmond, VA were sold above the asking price. During the same period more than 99 listings were sold at asking price, while more than 112 were sold below. In June 2025 in Richmond, VA there were 0.6% more homes for sale than in May. 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.