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2603 W Grace Street, Richmond, VA 23220

$599,950
  • 2603 W Grace Street, Richmond, VA 23220 Main Photo

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Active Price Reduced by $18,050 on July 15th, 2026
BEDS0 BATHS SQUARE FEET1,518 MLS#2601767
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

2603 W Grace Street | MLS# 2601767

This multi-family property located at 2603 W Grace Street, Richmond, VA 23220 is currently listed for sale with an asking price of $599,950. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.11 Acres
Roof Type: Metal, Shingle
Stories: 1.0
Taxes: $6,168
Year Built: 1958

Amenities

Bedroom on Main Level
Awning(s)
Lighting
Storage
Shed

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 181
Exterior: Brick, Drywall, Frame, Plaster
Fencing: None
Parcel#: W000-1169-012
Parking: Alley Access, Off 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: ERA Woody Hogg & Assoc

Shown By

Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty

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Estimated Payment

$ 2,024.21 per month $1,335.23 Principal & Interest $514.00 Property Tax $174.99 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:41:13 AM EST) or CVRMLS (last updated Tue 07/21/2026 12:38:33 AM EST). Real estate listings held by brokerage firms other than Kane Company Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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These real estate listings were derived from the Central Virginia Regional Multiple Listing Service, LLC, of which this brokerage is an independently owned Participant. The information contained in these listings is deemed reliable but is not guaranteed. All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Central Virginia Regional Multiple Listing Service, LLC. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.


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