1721 Grove Avenue
Richmond, VA 23220
$1,295,000 - The Fan
4-Unit Multifamily Gem, located in The Historic Fan District, Richmond’s most resilient rental market. Positioned in an ultra-walkable pocket of The Fan, tenants enjoy seamless access to the neighborhood's iconic dining, tree-lined streets, and vibrant cultural scene. This handsome brick building is an exceptional investment opportunity. It offers over 4,600 square feet of total living area, split across high-demand layouts, that attract premium tenants. Spacious 1, 2, and 3-bedroom configurations. The 1st floor unit is stunning as it was previously owner-occupied. Perfect opportunity for an investor looking for a stable portfolio addition.
| Listing Id: | 2626056 |
|---|---|
| List Price: | $1,295,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 4,728 |
| Tax Annual Amount: | $11,340 |
| Lot Size Acres: | 0.0861 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Richmond |
| City Region: | The Fan |
| Postal Code: | 23220 |
| Year Built: | 1912 |
| Number Of Units Total: | 4 |
| Appliances: | GasWaterHeater |
| Basement: | CrawlSpace, Partial |
| Basement Yn: | Yes |
| Construction Materials: | Brick, Block, Drywall, Frame |
| Directions: | On Grove Avenue between N. Allen Avenue and N. Vine Street. |
| Disclosures: | SellerDisclosure |
| Elementary School: | Fox |
| Exterior Features: | Lighting |
| Fencing: | None |
| High School: | Thomas Jefferson |
| Interior Features: | BedroomOnMainLevel, CeilingFans, GraniteCounters, LaminateCounters |
| Laundry Features: | WasherHookup, DryerHookup |
| Levels: | ThreeOrMore |
| Listing Agreement: | ExclusiveRightToSell |
| Lot Size Area: | 0.0861 |
| Lot Size Units: | Acres |
| Middle Or Junior School: | Dogwood |
| MLS Area Major: | 10 - Richmond |
| Original List Price: | $1,295,000 |
| Ownership: | Individuals |
| Ownership Type: | SoleProprietor |
| Parcel Number: | W000-0730-003 |
| Parking Features: | OnStreet |
| Patio And Porch Features: | Balcony, Stoop |
| Postal Code Plus4: | 4688 |
| Roof: | Flat, Metal, Slate |
| Sewer: | PublicSewer |
| State Or Province: | VA |
| Stories: | 3 |
| Stories Total: | 3 |
| Tax Assessed Value: | $1,007,000 |
| Tax Year: | 2025 |
| Water Source: | Public |
| Year Built Details: | Actual |
| Zoning Description: | R-6 |
| Property Sub Type Additional: | Quadruplex |
| County Or Parish: | Richmond City |
| Below Grade Unfinished Area: | 416.0 |
| Water Heater: | Gas |
| Country Subdivision: | 51760 |
| Record Signature: | 905,852,966 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:51760:W000-0730-003 |
Listing Courtesy of: Joyner Fine Properties
(804) 864-0323
All or a portion of the multiple Listing information is provided by the Central Virginia Regional MLS, from a copyrighted compilation of Listings. All Central Virginia Regional MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional MLS. All rights reserved.
Central Virginia Regional MLS data last updated on October 08, 2026 04:57 PM - ET
Property Last Updated: October 08, 2026 04:57 PM - ET
