VA
Richmond City
Richmond
23223
531 Mosby Street
531 Mosby Street, Richmond, VA 23223
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Listing Type
Lots/Land
Listing Status
pending
16
$160,000

Home Details for 531 Mosby Street

Price
$160,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.075
County
Richmond City
Garage
Days on site
31
MLS Listing#
2523307
Property Description

Great Chance to build a BRAND NEW Home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP’s needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill’s favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth. Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24’x159’) can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48’x159’) is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market. Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don’t miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city’s most dynamic locations.

Property Features
  • Utilities
    • Water Connected
    • Cable Available
    • Natural Gas Available
    • Electricity Available
  • Water Features
    • Public
School Information
School Information for 531 Mosby Street, Richmond, VA 23223
Elementary School
Bellevue
Middle School
Martin Luther King Jr.
High School
Armstrong
Listing Courtesy: Hometown Realty - 804-335-1414
Presented by: Christian Brock
Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-09-15 06:45:53
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EXIT REALTY SUCCESS
605 Research Rd. Suite E., North Chesterfield, VA 23236
Jane Renger
Franchisee
Office
804 924 2171
Agent
804 397 9796
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