Price: $289,000
Beds: 3
Baths: 1
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.23
Lot Size SqFt: 10,171
Year Built: 1930
Neighborhood: Oakland
Days on Website: 17

Courtesy of ERA Woody Hogg & Assoc

Property Description

Calling all savvy investors and developers! — More Bang for Your Buck! Sale includes 2403 Oakland Ave and 2401 Oakland Ave, Richmond, VA (home plus 4 ADDITIONAL LOTS). Don’t miss this rare opportunity to own a cash-flowing property with development potential in Richmond’s growing market. Property Highlights: 3 Bedroom, 1 Bathroom Single-Family Home, Tenant in place paying $1,550/month with solid rental history. Great location with easy access to major roads, shopping, and downtown Richmond. 4 Additional Residential Lots at 2401 Oakland Ave- Perfect for building new residential homes, including townhomes. Growing demand for new construction in the area. Utilities nearby — buyer to verify development options with city zoning. Why You’ll Love It: Immediate cash flow with long-term upside! Room to build and expand your portfolio! Located in a transitioning neighborhood with increasing property values! Great opportunity for new builds, flips, or rental investments! Live in one, rent the others, or build and sell — the possibilities are endless! For more details or to schedule a viewing, contact list agent. Act fast — deals like this don’t last long! Feel free to walk the property next door and beyond! Home sold as is. Tenant in the home please do not disturb tenant.

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 1
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Frame,VinylSiding
  • Living Area Source: Assessor
  • Rooms Total: 5
  • Listing
  • Ownership Type: Corporation
  • Ownership: Corporate
  • Location
  • City Region: Richmond City
  • County Or Parish: Richmond City
  • Lot
  • Parcel Number: S007-1377-017
  • Parking
  • Parking Features: Driveway,OffStreet,OnStreet,Unpaved
  • Possession
  • Possession: SubjectToTenantRights
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $1,944
  • Tax Assessed Value: $165,000
  • Tax Legal Description: 0075.33X0135.00 0000.000
  • Tax Year: 2024

Property Map

$289,000 – 2403 Oakland Avenue, Richmond, VA 23224

Street View

Nearby Schools

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