#2506945, Matt Jarreau, Listing office: Hometown Realty
#2515434·
Listing office: One South Commercial LLC·
Listing agent: Justin Sledd·
Listing office phone: (804) 266-8831
$879,000 List price
1908 Parkwood Ave Richmond, VA 23220
3,504 sqft
0.1 acres
$251 / sqft
Multi-Family
Property details
About 1908 Parkwood Ave
Located in the heart of Richmond’s historic Fan District, this purpose-built quadplex offers an exceptional investment opportunity in one of the city’s most desirable neighborhoods. Each of the four spacious two bedroom units features central air, updated kitchens, in-unit washer/dryer, and off-street parking — a rare amenity in the Fan. Recent capital improvements enhance both tenant satisfaction and long-term value, including: • Full roof replacement • One new HVAC unit • Repainting of exterior front façade • Replacement of rear sheathing with new vinyl siding • Replacement of exterior decking and other woodwork Interior upgrades include: One South Commercial is pleased to present the exclusive listing for 1908 Parkwood Avenue, Richmond, VA. • All walls in every unit repaired and freshly painted • Four bathtub resurfacings, one full tub replacement • One complete and one partial bathroom renovation • Replacement of one bathroom floor and tile • One kitchen floor replacement • One toilet replacement • Multiple appliance upgrades including ranges, refrigerators, microwaves, washer/dryer units, and ceiling fans • New smoke detectors installed in all units • One window replacement This well-maintained quadplex offers strong rental appeal with modern conveniences, historic charm, and a prime location. Whether you’re an investor seeking a turnkey multifamily asset or looking to add a solid performer to your portfolio, 1908 Parkwood Avenue is an opportunity not to be missed.
Highlights
Home typeQuadruplex
StatusActive
Size3,504 sqft
Lot size0.1306 Acres
Year built1924
ParkingNo Garage, Off Street
MLS #2515434
Summary
- Basement: No
- Parking: No Garage, Off Street
- Architectural Style: Two Story
- List Price: $879,000
- Price/SqFt: $250
- Annual Tax Amount: $8,544
- Tax Year: 2024
- Year Built: 1924
- Stories: 2
- Living Area: 3,504 SqFt
- Lot Size: 0.1306 Acres
- MLS Number: 2515434
- MLS Name: CVR
- Office Name: One South Commercial LLC
- Office Phone: (804) 266-8831
- Office Email: commercial@onesouthcommercial.com
- Listing Agent: Justin Sledd
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: 7/30/2025, 3:45:27 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 |
|---|---|---|
| Feb 02, 2021 | Home Sold | $625,000 |
| Mar 23, 2018 | Home Sold | $220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $712,000 | $8,544 |
| 2023 | $683,000 | $6,084 |
| 2022 | $554,000 | $6,084 |
| 2021 | $520,000 | $6,084 |
| 2020 | $507,000 | $6,084 |
| 2019 | $482,000 | $5,688 |
| 2018 | $474,000 | $5,688 |
History based on county public records data.
Nearby schools
5
William Fox Elementary School
Public District KG-5
0.5 mi
•2300 Hanover Ave
4
John B. Cary Elementary School
Public District KG-5
0.9 mi
•3021 Maplewood Ave
1
George W. Carver Elementary School
Public District KG-5
1.1 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 $43,795. Most Richmond, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
38%
<35k
43%
35k-100k
12%
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?
78%
Single, No Kids
8%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
65%
18-34 yrs old
23%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Yoga/pilates
NBA/WNBA
Where do the neighbors shop?
Express/Express For Men
H&M
Forever 21
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Starbucks
What do the neighbors drive?
Volkswagen
Audi
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 1908 Parkwood Ave
The listing price of 1908 Parkwood Ave property is $879,000.
The property 1908 Parkwood Ave is a multi located in Richmond, Virginia, 23220.
Active Listing: 1908 Parkwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1908 Parkwood Ave are: William Fox Elementary School (GreatSchools Rating 5/10), John B. Cary Elementary School (GreatSchools Rating 4/10), George W. Carver Elementary School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Albert Hill Middle School (GreatSchools Rating 2/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Open High School (GreatSchools Rating 9/10), Richmond Alternative (GreatSchools Rating 1/10), Thomas Jefferson High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $8,544 (source: MLS/based on county public records data).
The last sale was on February 2, 2021 for $625,000 (source: MLS/tax record).
The property 1908 Parkwood Ave is 3,504 SqFt (source: MLS/tax record).
The year of construction for 1908 Parkwood Ave is 1924.
This home is located at 1908 Parkwood Ave in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 3,504 square foot home, which was built in 1924, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $879,000.
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. The number of homes for sale 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.