#2511389, James Nay, Listing Office: River City Elite Properties

3002 5th Ave Richmond, VA 23222
Property details
About 3002 5th Ave
Classic Richmond Duplex with Strong Rental History! Welcome to 3002 5th Avenue, a well-maintained duplex in the heart of Richmond, VA. Situated on a spacious lot, this property offers both charm and convenience, making it an excellent investment or owner-occupied opportunity. Step inside and admire the original hardwood floors, adding warmth and character to each unit. This property has a strong history as a successful rental home, with both sides consistently renting for $1,400 per month—a great opportunity for steady income. Located just minutes from downtown Richmond, residents enjoy easy access to the city’s best restaurants, shops, and entertainment. Whether you're looking to expand your rental portfolio or secure a home with an income-producing unit, this duplex is a smart buy in a thriving area. Don't miss your chance—schedule a viewing today!
Highlights
Summary
- Basement: No
- Architectural Style: Colonial
- List Price: $425,000
- Price/SqFt: $276
- Annual Tax Amount: $3,348
- Tax Year: 2024
- Year Built: 1958
- Stories: 1
- Living Area: 1,536 SqFt
- Lot Size: 0.1722 Acres
- MLS Number: 2509192
- MLS Name: CVR
- Office Name: EXP Realty LLC
- Office Phone: (804) 729-5188
- Office Email: va.broker@exprealty.net
- Listing Agent: Derwin Kinston
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: 6/3/2025, 3:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
3002 5th Ave
$5,047
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 21, 2020 | Home Sold | $280,000 |
Mar 30, 2020 | Home Sold | $96,000 |
Mar 26, 2020 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $279,000 | $3,348 |
2023 | $261,000 | $1,428 |
2022 | $248,000 | $1,428 |
2021 | $227,000 | $1,428 |
2020 | $119,000 | $1,428 |
2019 | $106,000 | $1,044 |
2018 | $87,000 | $1,044 |
History based on county public records data.
Nearby schools
3
Overby-Sheppard Elementary School
Public District PK-5
0.6 mi
•2300 1st Ave
3
Glen Lea Elementary School
Public District PK-5
1.1 mi
•3909 Austin Ave
4
Barack Obama Elementary School
Public District KG-5
1.2 mi
•3101 Fendall 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 $37,596. Most Richmond, VA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 3002 5th Ave in Richmond, VA and zip code 23222 in the North Highland Park neighborhood. This 1,536 square foot home, which was built in 1958, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $425,000.
Over 218 listings were sold over their listed price in May 2025 in Richmond, VA. In the same period over 118 listings were sold below the listed price and 110 listings were sold for the listed price. In May 2025 in Richmond, VA there were 6.3% more homes for sale than in April. In May 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $374,942.