Back 115 South Arthur Ashe Boulevard
Off Market

115 South Arthur Ashe Boulevard

Richmond VA 23220

2
3200 sq. ft.
0.09 ac.
Duplex
Last sold for $980,000
Alyssa DevereauxAlyssa Devereaux, last sold this property on 22 October 2025 after 267 days on market.

Overview

Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring modern kitchens, stylish bathrooms, and well-maintained original details. The location is unbeatable—just steps from Carytown, VMFA, breweries, top-rated restaurants, and boutique shopping. With strong rental demand in this area, proximity to VCU, downtown, and major highways, this property is ideal for generating consistent rental income while benefiting from long-term appreciation! Reach out and schedule your showing today!

Features

2 carspaces
2 garage spaces
3200 sq. ft. floor area
0.09 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Richmond over the last 12 months, the estimated median property value of 115 South Arthur Ashe Boulevard is $708.75k.

Median value
$708.75k
Estimated value range
$305k - $2.1m
Median days on market
20
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 115 South Arthur Ashe Boulevard

2025
Sold
$980,000
22 Oct 2025 by Alyssa Devereaux, of Compass
2022
Sold
$800,000
01 Aug 2022 by Matt Jarreau, of Hometown Realty
2021
Sold
$725,000
29 Jul 2021 by Allison Schutzer, of The Steele Group

Happy sellers in Richmond

<50%
Less than 50% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Richmond over the last 12 months.

Local market activity for duplexes in Richmond

In the last 12 months, 40 duplexes similar to 115 South Arthur Ashe Boulevard, have been sold.

This represents a 31% decrease in duplexes sales when compared to the previous 12 months.

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