#2506872, Shawn Hazelwood, Listing office: ERA Woody Hogg & Assoc
$200,000 List price
2502 Redwood Ave Richmond, VA 23223
2 beds
1 full
698 sqft
0.1 acres
$287 / sqft
House
Property details
About 2502 Redwood Ave
Don't miss this excellent investment opportunity in the rapidly growing East End of Richmond! Located at 2502 Redwood Avenue, this 2-bedroom, 1-bathroom home is full of potential and is being sold As-Is, making it a perfect option for investors, flippers, or buyers looking to add value with their personal touch. This home features a functional layout with plenty of natural light, spacious bedrooms, and an eat-in kitchen with ample cabinet space. The full bathroom is clean and serviceable, and there's opportunity throughout the home to update and build equity. The private backyard offers space for outdoor living or future enhancements. Located just minutes from Downtown Richmond, Church Hill, 1-64, and popular local spots like The Market @ 25th and Gillies Creek Park, this property is perfectly positioned in one of the city's most up-and-coming neighborhoods.
Highlights
Home typeSingle Family Residence
HeatingBaseboard, None
StatusActive
Size698 sqft
Lot size0.1306 Acres
Year built1949
MLS #2510345
Summary
- Full Bathrooms: 1
- Basement: No
- Flooring Type: Wood
- Total Bedroom Count: 2
- Private Pool: No
- Architectural Style: Ranch
- Heating: Baseboard, None
- Cooling: None
- List Price: $200,000
- Price/SqFt: $286
- Annual Tax Amount: $1,116
- Tax Year: 2024
- Year Built: 1949
- Stories: 1
- Living Area: 698 SqFt
- Lot Size: 0.1306 Acres
- MLS Number: 2510345
- MLS Name: CVR
- Office Name: Samson Properties
- Office Email: rahodges758@aol.com
- Listing Agent: Rebecca Hodges
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: 7/9/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $93,000 | $1,116 |
| 2023 | $86,000 | $600 |
| 2022 | $70,000 | $600 |
| 2021 | $57,000 | $600 |
| 2020 | $50,000 | $600 |
| 2019 | $48,000 | $552 |
| 2018 | $46,000 | $552 |
History based on county public records data.
Nearby schools
3
Fairfield Court Elementary School
Public District KG-5
0.8 mi
•2510 Phaup St
2
Woodville Elementary School
Public District KG-5
0.9 mi
•2000 N 28th St
3
Overby-Sheppard Elementary School
Public District PK-5
1.1 mi
•2300 1st Ave
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 $15,614. Most Richmond, VA residents have annual incomes less than $<35k. Most families are single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
83%
<35k
16%
35k-100k
0%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
53%
Single, with Kids
4%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
32%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
28%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2502 Redwood Ave
The listing price of 2502 Redwood Ave property is $200,000.
The property 2502 Redwood Ave is a house located in Richmond, Virginia, 23223.
Active Listing: 2502 Redwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2502 Redwood Ave are: Fairfield Court Elementary School (GreatSchools Rating 3/10), Woodville Elementary School (GreatSchools Rating 2/10), Overby-Sheppard Elementary School (GreatSchools Rating 3/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Binford Middle School (GreatSchools Rating 1/10), Fairfield Middle School (GreatSchools Rating 4/10), Armstrong High School (GreatSchools Rating 3/10), Richmond Alternative (GreatSchools Rating 1/10), Richmond Community High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $1,116 (source: MLS/based on county public records data).
The property at 2502 Redwood Ave has 2 bedrooms and 1 bathroom.
The property 2502 Redwood Ave is 698 SqFt (source: MLS/tax record).
The year of construction for 2502 Redwood Ave is 1949.
This home is located at 2502 Redwood Ave in Richmond, VA and zip code 23223 in the East Side neighborhood. This 698 square foot home, which was built in 1949, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $200,000.
While more than 210 listings in Richmond, VA in June 2025 were sold above asking price, there were more than 99 listings sold at asking price, and more than 112 were sold below. Between May and June 2025, Richmond, VA real estate market has seen increase in the number of listings by 0.6%. In June 2025 median list price was $373,965 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.