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$998,900
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2034 W Grace Street, VA 23220Listing ID 2615451

2034 W Grace Street, VA 23220

Active
Time on site: 68 daysLast updated: 6 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Square Feet
Square Feet
5,703
Acres
Acres
0.1
Days on Site
Days on Site
68
Year Built
Year Built
1908
Stories
Stories
2
Garages
Garages
3
Parking
Parking
Assigned, No Garage, Off Street, On Street

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.

Property Information

Property Details

Location

Address
2034 W Grace Street
County
Richmond City
Zip Code
23220
High School
Thomas Jefferson
Elementary School
Fox
MLS Area
10 - Richmond

Interior Features

Interior Features

Interior Features
Bay Window, Granite Counters

Building

Building Information

Square Feet
5,703
Year Built
1908
Stories
2
Construction
Brick, Drywall, Mixed, Plaster
Roof
Metal, Other, Rubber

Property Taxes

Tax Annual Amount
$9,456
Tax Year
2025
PARK 27, (804) 353-1250

Market Report for 23220

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: CVRMLS - Central Virginia Regional Multiple Listing Service
CVRMLS - Central Virginia Regional Multiple Listing Service logo

All or a portion of the Listing Content is provided by the Central Virginia Regional MLS, LLC, from a copyrighted compilation of Listings. All CVR MLS Listing Content provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2026 Central Virginia Regional MLS, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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