Situated on a corner lot in Richmond’s rapidly revitalizing Fulton Hill, this early 1900s rowhouse presents a strong value-add opportunity in a neighborhood seeing continued growth and reinvestment. The property offers a two-level, 3-bedroom, 2-bath layout with an open, turn-of-the-century floorplan that allows for multiple renovation strategies.
Major exterior and mechanical improvements were completed in 2025, including new vinyl siding, a new roof, updated plumbing, and a new outdoor HVAC unit, significantly reducing upfront capital expenses. Original wood floors and decorative fireplaces remain, offering character elements that can be incorporated into a renovation plan.
With its corner lot positioning, flexible footprint, and proximity to downtown Richmond, this property is well-suited for investors or buyers seeking a project with substantial upside in an emerging market.
Property Features
Cooling Information
Electric
Heating Information
Electric
Water Features
Public
Parking
On Street
Basement
Crawl Space
School Information
School Information for 1501 Carlisle Avenue, Richmond, VA 23231
Elementary School
Chimborazo
Middle School
Martin Luther King Jr.
High School
Armstrong
Listing Courtesy: Providence Hill Real Estate - 804-512-4999