VA
Richmond City
Richmond
23221
3425 W Franklin Street
3425 W Franklin Street, Richmond, VA 23221
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Listing Type
Multi Family
Listing Status
active
16
$599,000

Home Details for 3425 W Franklin Street

Price
$599,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
1906
Year built
1951
Lot size acres
0.1928
County
Richmond City
Garage
Basement
Crawl Space
Days on site
0
MLS Listing#
2531089
Property Description

Outstanding all-brick duplex in the heart of the coveted Museum District! This well-maintained property sits proudly on a large corner lot and offers an exceptional opportunity for both owner-occupants and savvy investors. The building is fully rented with amazing long-term tenants who would love to stay, providing immediate stability and strong cash flow. Each spacious apartment features 2 bedrooms and 1 full bath, separate utilities, and a consistent rental history—currently renting for approximately $1,500 per month per unit. With solid income and separate metering, the property cash flows with a conventional mortgage at today’s rates and list price, making it a rare turnkey investment in one of Richmond’s most desirable, walkable neighborhoods. All-brick construction, classic charm, and unbeatable proximity to museums, restaurants, Carytown, breweries, parks, and major commuter routes ensure ongoing tenant demand. Whether you’re expanding your portfolio or looking to live in one unit while renting the other, this duplex offers the perfect blend of stability, location, and long-term upside. Don’t miss this incredible Museum District opportunity!

Property Features
  • Parking
    • Off Street
    • On Street
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 3425 W Franklin Street, Richmond, VA 23221
Elementary School
Lois-Harrison Jones
Middle School
Albert Hill
High School
Thomas Jefferson
Listing Courtesy: The Steele Group - 804-282-3136
Presented by: Katherine Hawks
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: 2025-11-17 20:30:56
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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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