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Back 507 North 24th Street
Off Market

507 North 24th Street

Richmond VA 23223

4048 sq. ft.
0.11 ac.
Duplex
Last sold for $520,000
Steve DavisSteve Davis, last sold this property on 25 September 2020 after 18 days on market.

Overview

Great Opportunity - Income Producing Brick Quad - hitting market first time in 20 years. 507 & 509 N 24th street located in the heart of Church Hill - walkable to restaurants and shops - 4 large 1000+ sq foot apartments with large bright rooms + Washer and Dryers hookups and hardwood floors. Each address could be converted back to Single Family 2 story homes (3 bedrooms). Beautiful Garden/Park-like fenced backyard for all tenants - Private Parking off the alley. Water, Sewer, & Trash are included in rents. Tenants pay for their own electricity/gas and any other services they wish. Rubber roof. Don't miss out on this one! The current rents are below market and offer a significant value add opportunity for a prospective purchaser. Sold "As-Is" / Please do not disturb tenants.

Features

4048 sq. ft. floor area
0.11 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 507 North 24th Street is $588.95k.

Median value
$588.95k
Estimated value range
$250k - $835k
Median days on market
21
Estimated value trend
18%
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 507 North 24th Street

2020
Sold
$520,000
25 Sep 2020 by Steve Davis, of River Fox Realty Llc

Happy sellers in Richmond

94%
94% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction 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, 13 duplexes similar to 507 North 24th Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Richmond

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Scott Waters

Scott Waters is an award winning recommended agent for Richmond.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (12 reviews)
  •  2 Reviews in Richmond
  •  3 Sales in Richmond
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Imani Williams

Imani Williams is a recommended agent for Richmond.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (18 reviews)
  •  1 Review in Richmond
  •  3 Sales in Richmond
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Gwendolyn Murphy-Johnson

Gwendolyn Murphy-Johnson is a recommended agent for Richmond.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in Richmond
  •  3 Sales in Richmond
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Jessica L. Cooper

Jessica L. Cooper is an award winning recommended agent for Richmond.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (32 reviews)
  •  1 Review in Richmond
  •  1 Sale in Richmond
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