Price: $425,000
Beds: 3
Baths: 1
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.15
Lot Size SqFt: 6,499
Year Built: 1963
Neighborhood: None
Days on Website: 66

Courtesy of Hometown Realty

Property Description

Development Opportunity in Historic South Barton Heights! Rarely does an opportunity like this come along in one of Richmond’s most rapidly evolving neighborhoods. Situated in the heart of South Barton Heights, this offering includes the existing home at 1901 Monteiro Avenue plus two additional parcels—1905 Monteiro Avenue and the adjoining vacant lot identified as Parcel 1A—creating a unique chance for homeowners, investors, and developers alike. The existing residence provides immediate value while the accompanying vacant lots unlock exciting possibilities for the future. Whether your vision includes expanding your footprint, creating a private compound, constructing additional homes (subject to zoning and city approvals), or holding land in a neighborhood experiencing continued appreciation and redevelopment, the flexibility offered by these three parcels is increasingly difficult to find within the city. South Barton Heights has become one of Richmond’s most sought-after emerging communities, where historic character meets modern revitalization. Throughout the neighborhood, buyers will find beautifully restored historic homes, thoughtfully renovated properties, and ongoing new construction that continues to enhance the area’s appeal. Convenient access to downtown Richmond, VCU, local restaurants, breweries, parks, and major commuter routes has fueled strong demand and significant investment throughout the surrounding area. With substantial land holdings, development potential, and a prime location in a neighborhood experiencing continued transformation, 1901 Monteiro Avenue, together with 1905 Monteiro Avenue and Parcel 1A, represents a rare chance to secure both a home and future opportunity in one of Richmond’s most exciting growth corridors.

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 1
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Frame,WoodSiding
  • Living Area Source: Assessor
  • Rooms Total: 5
  • Listing
  • Ownership: Estate
  • Location
  • City Region: Barton Heights
  • County Or Parish: Richmond City
  • Lot
  • Parcel Number: N000-0377-005
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $2,004
  • Tax Assessed Value: $367,000
  • Tax Legal Description: PTL4 0050.00X0130.00 0000.149 AC, PLT4 0142.20X0170.93 IRG0000.00, L2 0050.0×0130.00 0000.149 AC
  • Tax Lot: 4
  • Tax Year: 2025

Property Map

$425,000 – 1901, 1901a & 1905 Monteiro Avenue, Richmond, VA 23222

Street View

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