$350,000

2202 3rd Ave Richmond, VA 23222

0.2 acres
Land

Property details

About 2202 3rd Ave

Exceptional opportunity to acquire two fully entitled, build-ready lots in a rapidly growing neighborhood. The original home has been demolished, and the parcel has been subdivided and approved by the BZA for two new single-family homes (2200 and 2202 3rd Ave. – Lots 11 and 12). This is a true plug-and-play development opportunity—no red tape, no delays, just start building. Conveying with the sale are approved building plans for Lot 12, BZA approval for the subdivision, completed demolition of the original structure, existing water and sewer connections on Lot 12 (saving the buyer significant tap and lateral fees), stamped surveys, soil reports, and site plans for both lots. Construction funding for the build has already been approved, and a preferred lender is in place to streamline the process and help buyers move quickly into construction if needed. We recently sold two new construction homes just down the street on 2nd Avenue for $579,000 and $605,000, with the latter appraising at $620,000—demonstrating the strong resale potential in this location. Buyer to perform their own due diligence. All information is believed to be accurate but not guaranteed.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.1928 Acres
MLS #2515017

Summary

  • Basement: No
  • List Price: $350,000
  • Annual Tax Amount: $1,560
  • Tax Year: 2024
  • Lot: Additional Land
  • Lot Size: 0.1928 Acres
  • MLS Number: 2515017
  • MLS Name: CVR
  • Office Name: Compass
  • Office Phone: (804) 690-1536
  • Listing Agent: William Zimmer

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: 6/13/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2202 3rd Ave, Richmond, VA 23222

$350,000

2202 3rd Ave

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Price information

Property sales

DateEventPrice
Aug 27, 2004
Home Sold
$58,000

Tax history

YearAssessmentProperty Tax
2024$130,000$1,560
2023$130,000$996
2022$96,000$996
2021$85,000$996
2020$83,000$1,566
2019$72,000$244
2018$68,000$244

History based on county public records data.

Nearby schools

3

Overby-Sheppard Elementary School

Public District PK-5

0.2 mi

2300 1st Ave

4

Barack Obama Elementary School

Public District KG-5

1.1 mi

3101 Fendall Ave

3

Fairfield Court Elementary School

Public District KG-5

1.5 mi

2510 Phaup 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 $32,182. Most Richmond, VA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

59%
<35k
40%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Extreme SportsExtreme Sports
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Big LotsBig Lots
  • Sam's ClubSam's Club
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • KiaKia
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 2202 3rd Ave

The listing price of 2202 3rd Ave property is $350,000.

The property 2202 3rd Ave is land located in Richmond, Virginia, 23222.

Active Listing: 2202 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2202 3rd Ave are: Overby-Sheppard Elementary School (GreatSchools Rating 3/10), Barack Obama Elementary School (GreatSchools Rating 4/10), Fairfield Court Elementary School (GreatSchools Rating 3/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Thomas H. Henderson Middle School (GreatSchools Rating 1/10), Richmond Community High School (GreatSchools Rating 9/10), Armstrong High School (GreatSchools Rating 3/10), Richmond Alternative (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $1,560 (source: MLS/based on county public records data).

The last sale was on August 27, 2004 for $58,000 (source: MLS/tax record).

The property 2202 3rd Ave is 0.193 acres.

This home is located at 2202 3rd Ave in Richmond, VA and zip code 23222 in the North Side neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $350,000.

Richmond, VA housing market in May 2025 saw over 218 listings sold above listed price, more than 110 sold at listed price and over 118 sold below. The number of homes for sale in Richmond, VA increased by 6.3% between April and May 2025. Listings spent 18 days on the market in May 2025, and had a median list price of $374,942 during the same period.

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

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