2034 W Grace St
2034 W Grace St
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2034 W Grace St
2034 W Grace St
2034 W Grace St
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Sold

2034 W Grace St

2034 W Grace St, Richmond, VA 23220

$950,000
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.

Studio

5,703 Sq.Ft. LIVING AREA

4,443.12 Sq.Ft. lot

Coleen Butler Rodriguez

Coleen Butler Rodriguez

Features & Amenities

Interior

  • total bedrooms0
  • other interior Features Bay Window, Granite Counters

Area & Lot

  • Status Sold
  • Date Sold September 24, 2026
  • Living Area5,703 Sq.Ft.
  • Lot Area4,443.12 Sq.Ft.
  • MLS® ID2615451
  • TypeMulti-Family
  • YEAR BUILT1908
  • NeighborhoodThe Fan
  • Architecture StylesColonial, Two Story
  • View DescriptionCity
  • Elementary SchoolFox
  • Middle SchoolDogwood
  • High SchoolThomas Jefferson

Exterior

  • STORIES2
  • Garage Space3.0
  • water SourcePublic
  • roofMetal, Other, Rubber
  • parkingAssigned, No Garage, Off Street, On Street
  • sewerPublic Sewer

Financial

  • Sales Price$950,000
  • Real Estate Tax $9,456/yr

The Fan

As the nation’s largest, contiguous group of Victorian-era townhouses.

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I help people buy and sell houses and other real estate because I believe the place you live your life has an immeasurable impact on your quality of life.

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