MichaelKane
BEDS0
BATHS
SQUARE FEET2,384
MLS#2618363
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
ocated in the heart of Manchester, 1416 Porter Street presents an outstanding investment opportunity with this well-maintained duplex featuring two spacious 2-bedroom, 2-bathroom units. One unit is already leased, providing immediate rental income, while the second is vacant and move-in ready, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to maximize returns. Each unit offers an open-concept floor plan with soaring ceilings, hardwood flooring in the main living areas, modern kitchens with stainless steel appliances, abundant cabinetry, and spacious bedrooms. Outside, residents enjoy large covered rear porches overlooking a generously sized fenced backyard, along with ample off-street parking-a rare amenity in the city. Just minutes from downtown Richmond and within walking distance of Manchester's thriving restaurants, breweries, parks, and entertainment, this turnkey property offers the perfect blend of cash flow, flexibility, and long-term appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Home Style: Two Story
Lot Size: 0.12 Acres
Roof Type: Composition, Flat
Stories: 2.0
Taxes: $7,176
Year Built: 2010
Feature Descriptions
Days on Site: 15
Exterior: Drywall, Frame, HardiPlank Type, Wood Siding
Fencing: Back Yard
Parcel#: S0000154006
Parking: Off Street
Patio/Porch: Balcony, Deck, Front Porch
Sewer: Public Sewer
Units: 2
Water: Public
Local Schools
High School: Armstrong
Middle School: Thompson
Elementary School: Blackwell
Listed By / Shown By
Listed By
Agency Name: Monroe Properties
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Estimate Your Payment
Estimated Payment
$ 2,108.09 per month $1,335.12 Principal & Interest $598.00 Property Tax $174.97 Homeowner's InsuranceChange Payment Information
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1416 Porter Street | MLS# 2618363
This multi-family property located at 1416 Porter Street, Richmond, VA 23224 is currently listed for sale with an asking price of $599,900. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.