VA
Richmond City
Richmond
23220
317 S Granby Street
317 S Granby Street, Richmond, VA 23220
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Listing Type
Multi Family
Listing Status
Active
20
$474,950

Home Details for 317 S Granby Street

Price
$474,950
Type
Residential Income
Square feet
2170
Year built
1925
Lot size acres
0.0706
County
Richmond City
Basement
Crawl Space
Days on site
20
MLS Listing#
2606586
Property Description

Turnkey investment opportunity featuring a well-maintained duplex with two income-producing units, ideal for both seasoned investors and those looking to expand their portfolio! Each unit offers 2 bedrooms and 1 full bath, with strong rental history and upside potential based on current market comparables. Unit A offers approximately 800 sq ft and is currently leased at $1,270/month plus $80 pet rent ($1,415 total), with a lease term through 05/31/2026. This unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Estimated market rent ranges from $1,700–$1,750, presenting an excellent value-add opportunity. Unit B features a more spacious layout at approximately 1,085 sq ft and is leased at $1,335/month through 06/07/2027. Similar to Unit A, this unit includes a full-size washer and dryer, electric stove, refrigerator, and street parking. Market rent is also projected at $1,700–$1,750. Both tenants pay all utilities, minimizing owner expenses. Interior highlights across the property include hardwood flooring, ceramic tile, stainless steel appliances, ceiling fans, and built-in bookshelves, creating a desirable living space for tenants. Exterior features include a charming front porch and fenced rear yard, adding to tenant appeal. With stable leases already in place and room to increase rents over time, this property offers a strong combination of immediate cash flow and long-term appreciation potential. Renewal status to be confirmed, providing flexibility for future planning. Don’t miss this opportunity to own a solid, income-generating property with built-in upside!

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Property Features
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 317 S Granby Street, Richmond, VA 23220
Elementary School
Lois-Harrison Jones
Middle School
Albert Hill
High School
Thomas Jefferson
Listing Courtesy: Boone Residential LLC - 804-220-0815
Presented by: Paul Liberti
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 © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2026-04-30 19:20:14
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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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