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1714 Hanover Ave

Richmond VA 23220

3454 sq. ft.
0.08 ac.
Duplex
Currently for sale - view listing

Overview

A prime location in the heart of The Fan and an incredible investment opportunity is waiting at 1714 Hanover Ave! This all brick multi-family home offers lots of old world charm that’s true to the neighborhood. The first floor unit is fully occupied at $2,700/month and boasts 3-4 bedrooms (one area is a flex space, but works as a bedroom) and 1 bath, original pine floors, exposed brick, tall ceilings and multiple decorative fireplaces. Each bedroom is nicely sized with hardwood floors and a ceiling fan/light combo. It’s equipped with mini-split units that were installed in 2022. The large kitchen and dining areas are combined in the rear and this setup creates an abundance of natural light. There’s access to the backyard that sports a newer deck and brick pavers. Upstairs you’ll find another fully occupied unit that rents for $2,700/month. It’s a 3 bedroom with a huge open living room at the top of the steps featuring two stately brick fireplaces, tall ceilings and recessed lighting. Each bedroom offers hardwood floors, ceiling fan/light fixture and ample closet space. You’ll find mini splits throughout that were installed in 2023. And there’s a balcony off the kitchen that overlooks the backyard! Both units are equipped with washer/dryer units and each has access to the partial basements for additional storage. The Fan is known for its walkability, its restaurants, and its shops… you’ll always have your pick of people who want to call 1714 Hanover Ave home!

Features

3454 sq. ft. floor area
0.08 ac. lot size
Duplex

Property history for 1714 Hanover Ave

2023
Sold
$845,000
27 Dec 2023 by Kelly Blanchard, of Nest Realty Richmond
2022
Sold
$715,000
11 Apr 2022 by Zachary Fauver, of eXp Realty, LLC (E - SR12 - Virginia)
2019
Sold
$605,000
05 Aug 2019 by Michael Duncan, of Degratia Realty

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, 41 duplexes similar to 1714 Hanover Ave, have been sold.

This represents a 51% decrease in duplexes sales when compared to the previous 12 months.

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