LKV Realty
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$240,000
$1,150Reward *
529 Mosby Street, VA 23223Listing ID 2523283

529 Mosby Street, VA 23223

Active
Time on site: 359 daysLast updated: Aug 23, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,261
Acres
Acres
0.14
Days on Site
Days on Site
360
Cooling
Cooling
Other
Heating
Heating
Other
Year Built
Year Built
1900
Stories
Stories
2
Parking
Parking
No Garage, Off Street

Great chance to buy and renovate this home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP’s needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill’s favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth. Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24’x159’) can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48’x159’) is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market. Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don’t miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city’s most dynamic locations!!

Property Information

Property Details

Location

Address
529 Mosby Street
County
Richmond City
Zip Code
23223
High School
Armstrong
Elementary School
Bellevue
MLS Area
10 - Richmond

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
1,261
Year Built
1900
Stories
2
Construction
Frame, Other
Roof
Shingle
Condition
Resale

Financial

Special Conditions
Corporate Listing

Property Taxes

Tax Annual Amount
$2,748
Tax Year
2024
Hometown Realty, (804) 335-1414

Market Report for 23223

* 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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