$425,000

3002 5th Ave Richmond, VA 23222

$5,047
Closing credit¹
1,536 sqft
0.2 acres
$277 / sqft
Multi-Family

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

Home typeDuplex
StatusActive
Size1,536 sqft
Lot size0.1722 Acres
Year built1958
MLS #2509192

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

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: 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.

Get an agent. Get a mortgage. Save big.¹

3002 5th Ave, Richmond, VA 23222 - view of front facade

$425,000

3002 5th Ave

$5,047

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 21, 2020
Home Sold
$280,000
Mar 30, 2020
Home Sold
$96,000
Mar 26, 2020
Home Sold
$110,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

48%
<35k
37%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
46%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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.

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

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