MichaelKane
BEDS0
BATHS
SQUARE FEET3,687
MLS#2606004
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMonument Avenue Park
Property Description
1615 W Grace Street is a 1904 built triplex located in Richmond's historic Fan District. This all-brick Victorian-inspired rowhouse blends historic character with modern upgrades, offering 3,687 square feet spread over 3 floors. This classic rowhouse is located in a highly walkable area close to Whole Foods, VCU, and many of the local restaurants, museums, live music venues & parks that the Fan area offers. The building houses 3 occupied apartments: two 2-bedroom units and one 1-bedroom unit with a shared laundry and partial basement. The property has several recent upgrades, including a recently installed TPO roof and two tankless water heaters. The fenced backyard offers a private deck, plus 2 off-street parking spaces. This property offers the perfect combination of historic Richmond charm, strong rental potential, and a prime Fan District location. Richmond is currently ranked as a Top 10 U.S. Home buying Hot Spot for 2026 by the National Association of Realtors, making it a premier choice for investors seeking a balance of stable cash flow and long-term appreciation.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Fenced: Yes
Home Style: Row House
Lot Size: 0.07 Acres
Roof Type: Other
Stories: 3.0
Taxes: $7,812
Year Built: 1904
Amenities
High Ceilings
Feature Descriptions
Appliances: Electric Water Heater, Gas Water Heater
Days on Site: 38
Exterior: Brick, Wood Siding
Fencing: Back Yard, Fenced
Lot: Level
Parcel#: W000-0735-024
Parking: No Garage, Off Street, On Street
Patio/Porch: Front Porch
Sewer: Public Sewer
Units: 3
Water: Public
Local Schools
High School: Thomas Jefferson
Middle School: Dogwood
Elementary School: Fox
Listed By / Shown By
Listed By
Agency Name: Hometown Realty
Shown By
Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty
Estimate Your Payment
Estimated Payment
$ 2,913.99 per month $2,000.78 Principal & Interest $651.00 Property Tax $262.21 Homeowner's InsuranceChange Payment Information
Licensed Real Estate Firm and Agents in the Commonwealth of Virginia.
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1615 W Grace Street | MLS# 2606004
This multi-family property located at 1615 W Grace Street, Richmond, VA 23220 is currently listed for sale with an asking price of $899,000. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.