Back 409 North Madison Street
Off Market

409 North Madison Street

Richmond VA 23220

2382 sq. ft.
0.03 ac.
Duplex
Last sold for $480,000
Keith SmithKeith Smith, last sold this property on 28 August 2025 after 125 days on market.

Overview

Investment Opportunity on this awesome duplex in the Arts District of Historic Jackson Ward located in the VCU campus area. This spacious 3 level duplex has been renovated with upgraded custom cabinets, refrigerators, dishwashers, granite counters, washers, dryers, recessed lighting & central heating and cooling. The first-floor unit has open living area, hardwood flooring, spacious bedroom, upgraded bath with stand up tile glass shower and access to rear porch and courtyard. The upper unit boast hard wood flooring, upgraded bath with tub & 6ft subway tile, open living area with bedroom. The 2nd bedroom to the upper lever is on the 3rd level with hardwood flooring, a skylight, a beautiful window seat and upper balcony deck with access to the courtyard area. On and off-street parking. Great Investment Right Now!

Features

2382 sq. ft. floor area
0.03 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 409 North Madison Street is $710k.

Median value
$710k
Estimated value range
$305k - $2.1m
Median days on market
21
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 409 North Madison Street

2025
Sold
$480,000
28 Aug 2025 by Keith Smith, of Keith Smith Realty
2016
Sold
$265,000
30 Mar 2016 by Millie Green, of REMAX Commonwealth | Richmond

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 409 North Madison Street, have been sold.

This represents a 34% decrease in duplexes sales when compared to the previous 12 months.

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