2815 W Grace underwent a Fed tax credit renovation in 2018 which resurrected this historic (as- built 1917) duplex.The detailed renovation blended the original features such as 3 piece mouldings, oversized doors and double hung windows with modern systems and amenities to create 2 large(1744 sq ftt each) home like apartments.These apartments feature a flexible floor plan which allows for 2 or 3 bedrooms in each unit and 2 full baths with wainscot tile walls,basket weave ceramic floors and subway tiled tub and shower surrounds. Each kitchen space was thoughtfully redesigned and includes stainless appliances,stone countertops,hardwood floors and an unique breakfast nook that leads to the sunny back porch. The new high efficiency central ac/forced air gas furnaces in each unit make the living comfortable in these units with 9 ft tall ceiling and abundant windows throughout. There is an 1000 sq ft basement for shared storage and side and rear outdoor spaces (fenced and gated) for pets. At the rear of the property is brick (675 sq ft) garage with 2 separate bays(additional income) and parking area in front of each. This is the perfect property for either owner ocupant or investor. The Richmond Tax abatement is in final year with $3372 savings for 2025
The median home value in Richmond, VA is $327,100. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $327,100. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Virginia 23221 has a population of 225,676. Richmond 23221 is more family-centric than the surrounding county with 22.4% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia 23221 is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond 23221 is 34.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.