$8,906 Closing Credit¹
#2507997, Chris Small, Listing Office: Small & Associates
#2511319·
Listing office: Keith Smith Realty·
Listing agent: Keith Smith·
Listing office phone: (804) 259-2444
$599,950 List price
409 N Madison St Richmond, VA 23220
$7,124
Closing credit¹
2,382 sqft
0.03 acres
$252 / sqft
Multi-Family
Property details
About 409 N Madison St
Investment Opportunity on this awesome duplex in the Arts District of Historic Jackson Ward located in the VCU campus area. This 2382sqft 3 level duplex has been renovated with upgraded custom cabinets, refrigerators, dishwashers, granite counters, washers, dryers, recessed lighting & central heating and cooling. The first-floor unit has open living area, hardwood flooring, spacious bedroom, upgraded bath with stand up tile glass shower and access to rear porch and courtyard. The upper unit boast hard wood flooring, upgraded bath with tub & 6ft subway tile, open living area with bedroom. The 2nd bedroom to the upper lever is on the 3rd level with hardwood flooring, a skylight, a beautiful window seat and upper balcony deck with access to the courtyard area. On and off-street parking. Great Investment Right Now!
Highlights
Home typeDuplex
StatusActive
Size2,382 sqft
Lot size0.0299 Acres
Year built1848
MLS #2511319
Summary
- Basement: No
- Architectural Style: Colonial
- List Price: $599,950
- Price/SqFt: $251
- Annual Tax Amount: $4,068
- Tax Year: 2024
- Year Built: 1848
- Stories: 2
- Living Area: 2,382 SqFt
- Lot Size: 0.0299 Acres
- MLS Number: 2511319
- MLS Name: CVR
- Office Name: Keith Smith Realty
- Office Phone: (804) 259-2444
- Office Email: Keith@KeithSmithRealty.com
- Listing Agent: Keith Smith
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: 5/2/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,950
409 N Madison St
$7,124
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 04, 2016 | Home Sold | $265,000 |
| Mar 20, 2006 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $339,000 | $4,068 |
| 2023 | $308,000 | $2,664 |
| 2022 | $262,000 | $2,664 |
| 2021 | $227,000 | $2,664 |
| 2020 | $222,000 | $2,664 |
| 2019 | $207,000 | $2,232 |
| 2018 | $186,000 | $2,232 |
History based on county public records data.
Nearby schools
1
George W. Carver Elementary School
Public District KG-5
0.5 mi
•1110 W Leigh St
5
William Fox Elementary School
Public District KG-5
1.4 mi
•2300 Hanover Ave
3
Overby-Sheppard Elementary School
Public District PK-5
1.5 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 $43,226. Most Richmond, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
45%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
82%
Single, No Kids
8%
Single, with Kids
8%
Married, No Kids
2%
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
59%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Forever 21
H&M
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Qdoba
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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This home is located at 409 N Madison St in Richmond, VA and zip code 23220 in the Jackson Ward neighborhood. This 2,382 square foot home, which was built in 1848, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $599,950.
In April 2025 more than 179 listings in Richmond, VA were sold above the asking price. During the same period more than 71 listings were sold at asking price, while more than 105 were sold below. In April 2025 in Richmond, VA there were 20.4% more homes for sale than in March. Listings spent 18 days on the market in April 2025, and had a median list price of $372,487 during the same period.
From Rocket Homes Real Estate and based on county public records data.