$999,999

3203 Ellwood Ave Richmond, VA 23221

$10,000
Closing credit¹
2,384 sqft
0.05 acres
$419 / sqft
Multi-Family

Property details

About 3203 Ellwood Ave

Located in the heart of Richmond’s vibrant Carytown district, 3203 Ellwood Avenue is a charming quadplex that presents a fantastic opportunity for both investors and owner-occupants. This fully renovated property features four one-bedroom apartments, each thoughtfully updated to combine modern comfort with timeless style. With renovations complete, two of the four units are already leased at $1,499 per month, offering immediate income potential. The property is separately metered for all utilities, ensuring tenants are responsible for their own usage. Nestled in Carytown, known for its eclectic boutiques, renowned dining scene, and bustling entertainment options, 3203 Ellwood Avenue offers unparalleled access to one of Richmond's most desirable neighborhoods. Don’t miss the chance to own a turnkey investment in this thriving location.

Highlights

Home typeQuadruplex
StatusActive
Size2,384 sqft
Lot size0.0487 Acres
Year built1923
MLS #2500737

Summary

  • MLS Number: 2500737
  • 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: 3/6/2025, 8:20:50 AM 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 property featuring a balcony

$999,999

3203 Ellwood Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2024
Home Sold
$625,000

Tax history

YearAssessmentProperty Tax
2024$433,000$5,196
2023$416,000$3,564
2022$329,000$3,564
2021$305,000$3,564
2020$297,000$3,564
2019$267,000$2,952
2018$246,000$2,952

History based on county public records data.

Nearby schools

4

John B. Cary Elementary School

Public District KG-5

0.4 mi

3021 Maplewood Ave

5

William Fox Elementary School

Public District KG-5

0.8 mi

2300 Hanover Ave

7

Mary Munford Elementary School

Public District KG-5

1.2 mi

211 Westmoreland 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 $48,724. The majority of Richmond, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
48%
35k-100k
11%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

78%
Single, No Kids
3%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
43%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • H&MH&M
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 3203 Ellwood Ave in Richmond, VA and zip code 23221 in the West End neighborhood. This 2,384 square foot home, which was built in 1923, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $999,999.

In February 2025 more than 94 listings in Richmond, VA were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 92 were sold below. The number of listings in Richmond, VA increased by 9.1% between January and February 2025. The median list price of listings available in February 2025 was $365,089, while the average time on the real estate market was 24 days.

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

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