Home For Sale In Richmond, Virginia

house for sale

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Listed: 02/25/24

715 Chimborazo Blvd, Richmond, Virginia, 23223

Studio Bed:

2,666 Sq Ft Living Area:

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Price

$ 1,05M

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About This House

Located in the historic Church Hill neighborhood, this fully-renovated quadplex features four 2-bedroom/1-bathroom apartments. Renovations include custom kitchens (new cabinets, quartz countertops, full size stainless appliances), new washer/dryer units, new hot water heaters, new LVP flooring, and new mini-split heating and cooling units. Residents are responsible for all utilities as each apartment is individually metered for water and electricity. Residents in these apartments are a short distance from countless local restaurants, grocery stores/markets, coffee houses, bars, and other retail spaces. Very few neighborhoods can boast this degree of walkability and offerings to their residents. Growing rental demand far exceeds supply, especially for a unique building such as this.

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Houses for sale in Richmond

Original listing

Church Hill Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$448,134 (+14.6%)
Apr 2024	$391,081 (-14.7%)
Mar 2024	$458,586 (0%)
Feb 2024	$458,586 (0%)
Jan 2024	$458,586 (0%)
Dec 2023	$458,586 (0%)

In May 2024, the asking price for 3 bed houses for sale in/near Church Hill, Richmond, United States averaged $448,134, an increase of 14.6% from the previous month.

Median price trends for properties for sale in Church Hill, Richmond, United States as of May 2024.

Household Income

Median household income: $42,356

Number of households: 89,238

The average household income in Richmond, VA grew from $41,187 to $42,356 in the past year. This data is an estimate based upon 89,238 households in Richmond, VA.
The chart below presents how household income is distributed in Richmond, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Richmond, VA compared to median property taxes around the country. The prevalent amount of property taxes in Richmond, VA equals $3k+ , which is less than the national average.

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