1221 Perry St

Richmond VA 23224

3000 sq. ft.

0.08 ac.

Duplex

Last sold for $650,000

Ann Schweitzer, last sold this property on 13 November 2025 after 61 days on market.

Overview

1221 Perry Street is a fully leased, three-story duplex offering a prime investment opportunity in the heart of Manchester, one of Richmond’s most exciting and fastest-growing neighborhoods. Built in 2012 and totaling 3,000 square feet, the property has been exceptionally well maintained with durable Hardiplank siding and dimensional roofing. The building features two thoughtfully designed units: a spacious 4-bedroom, 2-bath layout and a 2-bedroom, 2-bath layout. The 4-bedroom unit is a rare offering for newer construction in the neighborhood, as most comparable duplexes are limited to 3-bedroom floorplans—providing increased rent potential and long-term income stability. Both units showcase high-end finishes, including polished concrete and hardwood flooring, granite countertops, and stainless steel appliances. Each residence also offers a private outdoor living space, with the upper floors capturing Richmond skyline. Just a few blocks away, tenants enjoy walkable access to some of Manchester’s hottest new destinations—Sassy Biscuit, Scharolina’s Cakes, and Bolo’s Eatery—as well as long-standing favorites like Croaker’s Spot and Philly Vegan. With its combination of unique floorplan, premium finishes, proven rental income, and an unbeatable location, 1221 Perry Street stands out as a turn-key investment in one of the city’s premier growth corridors.

Features

3000 sq. ft. floor area

0.08 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 1221 Perry St is $687.5k.

Median value

$687.5k

Estimated value range

$200k - $700k

Median days on market

Estimated value trend

increase 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 1221 Perry St

2025

Sold

$650,000

13 Nov 2025 by Ann Schweitzer, of One South Commercial LLC

2022

Sold

$601,000

06 Jun 2022 by Tom Fleming, of Coldwell Banker Vaughan & Co

2020

Sold

$475,000

26 Mar 2020 by Cabell Childress, of Long & Foster REALTORS

Happy sellers in Richmond

We have insufficient information to provide an overview of customer satisfaction for Richmond. Viewing the agent profiles, reviews and sales for Richmond can provide insights for this location.