Jennifer Gurley, Listing Office: Shaheen Ruth Martin & Fonville
$10,000
closing credit¹
2203 W Cary St Richmond, VA 23220
Property details
About 2203 W Cary St
Charming historic brick quadplex in a prime Richmond location. This well-maintained property features two 1-bedroom apartments and two 2-bedroom apartments, all separately metered for utilities, ensuring residents cover their own costs. Steeped in character, the property boasts original hardwood floors, a spacious front porch, and timeless architectural details. Located in a highly desirable neighborhood, it offers significant rental upside potential, with current rents below market value—presenting an excellent opportunity for increased returns at lease renewal. Just a short walk to Carytown, Richmond’s premier boutique shopping district, and with easy access to public transportation, this property is perfectly positioned for both investors and future tenants. Don’t miss this outstanding investment opportunity in one of Richmond’s most sought-after areas!
Highlights
Summary
- MLS Number: 2501835
- 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: 1/30/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,150,000
2203 W Cary St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 17, 2005 | Home Sold | $240,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $934,000 | $11,208 |
2023 | $890,000 | $7,848 |
2022 | $728,000 | $7,848 |
2021 | $678,000 | $7,848 |
2020 | $654,000 | $7,308 |
2019 | $616,000 | $5,532 |
2018 | $596,000 | $5,532 |
History based on county public records data.
Nearby schools
5
William Fox Elementary School
Public District KG-5
0.4 mi
•2300 Hanover Ave
4
John B. Cary Elementary School
Public District KG-5
0.7 mi
•3021 Maplewood Ave
1
George W. Carver Elementary School
Public District KG-5
1.2 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 $51,342. Residents of Richmond, VA typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 2203 W Cary St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 1,500 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $1,150,000.
Over 115 listings were sold over their listed price in December 2024 in Richmond, VA. In the same period over 160 listings were sold below the listed price and 74 listings were sold for the listed price. The number of listings in Richmond, VA decreased by 7.1% between November and December 2024. The median list price of listings available in December 2024 was $363,385, while the average time on the real estate market was 34 days.