$10,000

closing credit¹

2203 W Cary St Richmond, VA 23220

$1,150,000
1,500 sqft
0.09 acres
$767 / sqft
Multi-Family

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

Home typeQuadruplex
StatusActive
Size1,500 sqft
Lot size0.0892 Acres
Year built1910
MLS #2501835

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

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: 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.

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view of front facade featuring a balcony and covered porch

$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

DateEventPrice
Jun 17, 2005
Home Sold
$240,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

41%
<35k
39%
35k-100k
10%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

83%
Single, No Kids
5%
Single, with Kids
9%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
64%
18-34 yrs old
26%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • SonicSonic
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • InfinitiInfiniti
  • PontiacPontiac

What do the neighbors listen to?

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

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.

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

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