Price: $535,000
Beds: 4
Baths: 2
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.05
Lot Size SqFt: 2,191
Year Built: 1900
Neighborhood: None
Days on Website: 3

Courtesy of The Steele Group

Property Description

An exceptional investment opportunity awaits with this fully rented, all-brick row house conveniently located just one block from VCU’s main campus. This classic Fan home offers 4 bedrooms and 2 full baths, a large, bright eat-in kitchen and updated systems for peace of mind and long-term value. Enjoy the best of urban living with coffee shops, restaurants, and local amenities just a short stroll away. The property also includes a fenced backyard and off-street parking for added convenience. Currently leased through August 1, 2026, at $2,800 per month, this home provides reliable rental income in one of Richmond’s most desirable neighborhoods. Whether you’re identifying a property for a 1031 exchange or expanding your rental portfolio, this is a fantastic, turn-key opportunity in a consistently strong rental market.

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 2
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Brick
  • Living Area Source: Assessor
  • Rooms Total: 6
  • Exterior Features
  • Other Equipment: AirPurifier
  • Interior Features
  • Interior Features: BedroomOnMainLevel,CeilingFans,EatInKitchen,HighCeilings
  • Listing
  • Ownership Type: SoleProprietor
  • Ownership: Individuals
  • Location
  • City Region: Fan District
  • County Or Parish: Richmond City
  • Lot
  • Parcel Number: W000-0440-023
  • Parking
  • Parking Features: AlleyAccess,NoGarage,OffStreet
  • Possession
  • Possession: SubjectToTenantRights
  • Property
  • Property Attached YN: t
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $6,360
  • Tax Assessed Value: $530,000
  • Tax Legal Description: 0018.25X0120.00 0000.000
  • Tax Year: 2025

Property Map

$535,000 – 1237 W Cary Street, Richmond, VA 23220

Street View

Nearby Schools

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