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$420,000   Price Analysis
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3324 2nd Ave
Richmond, VA 23222
4 bed 2 bath 2,304 SqFt ($182/SqFt)
4,900SqFt lot. Built 1915
Listed 2024-03-14, Taxes $2,736
Ⓧ USDA Ineligible
due to location

near Richmond

Calling all investors!

Don't miss out on this incrdible opportunity to own a pr ime piece of real estate in Highland Park offering a strong rental market. This property was recently renovated in 2020 and a new electrical panel and meter in 2021. This property also boasts dual HVAC units and sensor faucets. On a corner lot with ample off street parking conveniently located near popular Richmond restaurants, shopping and entertainment. Just 10 mins from The Diamond!

The savvy investor looking for exceptional potential and positive cash flow will appreciate the rental income two times the normal Cap Rate in Richmond, VA.


Presented by Mike Boone at
Boone Residential LLC.
Listing Agent Photo

Property MLS #2404577 from CVRMLS

Bedrooms: 4

Total Rooms: 10

Total Bathrooms: 2
Full Bathrooms: 2

BedroomonMainLevel
CeilingFans
RecessedLighting
CableTV
Flooring: Vinyl, Wood

ElectricWaterHeater

Cooling Features: Zoned
Fireplace Features: Decorative
Heating Features: Electric, ForcedAir
Heating: Yes

Fencing: Fenced, Full

Lot Size Acres: 0.1125
Lot Size Square Feet: 4901

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Overby-Sheppard
High School: John Marshall
Middle School: Henderson

Overby-Sheppard Elementary School is a public elementary school located approximately 0.9 miles away.
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John Marshall High School is a public high school located approximately 2.2 miles away.
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Henderson Middle School is a public middle school located approximately 2.3 miles away.
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Hi-Land Christian Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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Annual Tax Amount: 2736
Source Listing Status: Active
County: Richmond City
Directions: Take Laburnum to Carolina Ave. Left on Pollack then left on 2nd Ave. House on the left
Tax Year: 2023
Source Property Type: Residential
Area: Highland Park
Source Neighborhood: Highland Park
Ownership Type: SoleProprietor
Parcel Number: N000-1071-001
Postal City: Richmond
Postal Code Plus 4: 3308
Subdivision: Highland Park
Zoning Description: R-6
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$170,000 + $58,000
$228,000
$2,736
2022$169,000 + $43,000
$212,000
$2,544
2021$165,000 + $33,000
$198,000
$2,376
2020$88,000 + $30,000
$118,000
$1,416
2019$79,000 + $25,000
$104,000
$1,248
2018$80,000 + $15,000
$95,000
$1,140
2017$79,000 + $15,000
$94,000
$1,128
2016$70,000 + $15,000
$85,000
$1,020
2015$64,000 + $21,000
$85,000
$1,020
2014$64,000 + $21,000
$85,000
$2,163
2013$67,000 + $21,000
$88,000
$1,056
2011$75,000 + $21,000
$96,000
$2,419
2010$75,000 + $21,000
$96,000
$11,520
2009$106,900 + $21,000
$127,900
$1,534
2009$75,000 + $21,000
$96,000
$1,534
2008$106,900 + $21,000
$127,900
$1,534

Listed 2024-03-14
$420,000
CVRMLS
Listing removed 2024-02-02
$0
CVRMLS
Listed 2023-11-06
$440,000
CVRMLS
Listing removed 2023-07-12
$0
CVRMLS
Listed 2023-04-24
$440,000
CVRMLS
Listing removed 2013-08-13
$19,900
CVRMLS
Price Changed 2013-08-06
$19,900
CVRMLS
Price Changed 2013-07-10
$24,900
CVRMLS
Price Changed 2013-06-11
$29,900
CVRMLS
Listed 2013-05-07
$39,900
CVRMLS
Listing removed 2013-04-12
$53,900
CVRMLS
Listed 2013-03-13
$53,900
CVRMLS
Listing removed 2013-03-01
$53,900
CVRMLS
Price Changed 2013-01-29
$53,900
CVRMLS
Price Changed 2013-01-14
$55,250
CVRMLS
Listed 2012-12-05
$60,250
CVRMLS
Sold 2004-07-07
$95,000
Public Record
Sold 2004-02-17
$35,000
Public Record
Sold 1987-03-09
$45,000
Public Record

Total Square Feet Living: 2304
Year Built: 1915
Building Area Source: Assessor
Construction Materials: Frame, VinylSiding, WoodSiding
Levels: Two
Living Area Source: Assessor
Property Age: 109
Property Condition: Resale
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
House Style: TwoStory
Year Built Details: Actual
Architectural Style: TwoStory

Sewer: PublicSewer
Water Source: Public

Security Features: SecuritySystem
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.