Redfin is joining Rocket

Discover how we're simplifying your journey home.

$575,000

2227 Park Ave Richmond, VA 23220

1,230 sqft
0.03 acres
$467 / sqft
Multi-Family

Property details

About 2227 Park Ave

Amazing opportunity to own a mixed-use Fan building where the beautiful homes of Park Ave. meet the fun and dynamic shops and cafes of Strawberry Street. Upstairs is what must be one of cutest light-filled apartments in town. Current owner uses the space as an Airbnb and is bringing in about $2500-$3000 per month. However, this space has additional flexibility for use as a primary residence, long-term rental, home office or the ultimate Fan pied-a-terre. Downstairs is an amazing corner storefront with a solid rental history. Currently used a retail counter for an offsite dry cleaner. The tall glass store-front windows and metal tray ceiling are just a hint to the long-term retail possibilities. When real estate is all about location, this is an amazing investment opportunity.

Highlights

Home typeDuplex
StatusActive
Size1,230 sqft
Lot size0.0266 Acres
Year built1915
ParkingNo Garage
MLS #2516501

Summary

  • Appliances: Water Heater
  • Basement: No
  • Interior: Dining Area, Eat-in Kitchen, High Ceilings
  • Parking: No Garage
  • Architectural Style: Two Story
  • List Price: $575,000
  • Price/SqFt: $467
  • Annual Tax Amount: $5,712
  • Tax Year: 2024
  • Lot: Irregular Lot, Zero Lot Line
  • Directions: See GPS, corner of Park and Strawberry St.
  • Year Built: 1915
  • Stories: 2
  • Living Area: 1,230 SqFt
  • Lot Size: 0.0266 Acres
  • MLS Number: 2516501
  • MLS Name: CVR
  • Office Name: Long & Foster REALTORS
  • Office Phone: (804) 334-2251
  • Listing Agent: George Cumming

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: 7/14/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 25, 2022
Home Sold
$480,000
Sep 06, 2012
Home Sold
$300,000
May 21, 2007
Home Sold
$229,000

Tax history

YearAssessmentProperty Tax
2024$476,000$5,712
2023$336,000$3,768
2022$336,000$3,768
2021$314,000$3,768
2020$314,000$3,768
2019$314,000$3,768
2018$314,000$3,768

History based on county public records data.

Nearby schools

5

William Fox Elementary School

Public District KG-5

0.2 mi

2300 Hanover Ave

1

George W. Carver Elementary School

Public District KG-5

1.0 mi

1110 W Leigh St

4

John B. Cary Elementary School

Public District KG-5

1.0 mi

3021 Maplewood Ave

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 $65,556. The majority of Richmond, VA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

32%
<35k
36%
35k-100k
19%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
53%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • SonicSonic

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • InfinitiInfiniti

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 2227 Park Ave

The listing price of 2227 Park Ave property is $575,000.

The property 2227 Park Ave is a multi located in Richmond, Virginia, 23220.

Active Listing: 2227 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2227 Park 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), Thomas Jefferson High School (GreatSchools Rating 5/10), Open High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $5,712 (source: MLS/based on county public records data).

The last sale was on July 25, 2022 for $480,000 (source: MLS/tax record).

The property 2227 Park Ave is 1,230 SqFt (source: MLS/tax record).

The year of construction for 2227 Park Ave is 1915.

This home is located at 2227 Park Ave in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 1,230 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 14, 2025 and is currently priced at $575,000.

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 inventory of homes for sale in Richmond, VA between May and June 2025 increased by 0.6%. In June 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $373,965.

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

More resources