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0 Baths
5,703 sqft

$998,900

2034 W Grace St, Richmond VA, 23220

Price per sqft$175.15
Built in1908
Property size5,703 sqft
Property typeMulti-family

Overview

Pending

Listed Jun 6, 2026

Updated 2 weeks ago

2034 W. Grace Street | Fully-Leased Fan District Duplex | Richmond, VA Own a fully rented, cash-flowing duplex on the top block of the historic West Grace Street Historic District — one of the Fan's most walkable locations. This 1908 two-family gem is 100% leased, generating approximately $58,000 in gross annual income — with tenants paying ALL utilities. That's stabilized income from day one, with none of the utility-management headaches. Here's what makes this Richmond investment stand out: two HUGE and spacious 4-bedroom, 2-bath apartments spread across roughly 5,000 square feet on a 4,445-square-foot lot, plus the rare bonus of off-street parking in a neighborhood where parking is at a premium. Each unit offers generous formal and informal living space, separate dining areas, in-unit laundry, private balcony access, and extra storage — the kind of layout tenants want and renew for. Fresh upgrades are already done: interior and exterior paint, updated lighting, professional landscaping, pressure washing, and detailed cleaning. Move-in ready income, no deferred maintenance to inherit. Location seals the deal — a 97/100 Walk Score puts you steps from VCU, downtown Richmond, museums, and the Fan's best restaurants and shops - right aroudn the corner from Whole Foods - all within a protected historic district. Properties like this, fully leased with strong numbers, off-street parking, and historic pedigree, don't sit on the market long. Scale, stabilized income, off-street parking, and historic character on Richmond's most in-demand block — schedule your showing today before this one is gone.

$6,646/mo

Est. mortgage payment based on a $998,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$9,456
Tax Frequency
Annually
View
Yes

Listed by PARK 27, Chris Small, (804) 350-0879 

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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 9/3/2026

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