#2501835, Justin Sledd, Listing Office: One South Commercial LLC

3203 Ellwood Ave Richmond, VA 23221
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
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
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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$999,999
3203 Ellwood Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 01, 2024 | Home Sold | $625,000 |
Tax history
Year | Assessment | Property 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.
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.
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.