3425 W Franklin ST Richmond, VA 23221
1,906 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,906 sqft
Price per Sqft $314
MLS Listing ID 2531089
Style Colonial,Two Story
Construction Status Actual
HOA Y/N No
Year Built 1951
Annual Tax Amount $6,468
Tax Year 2025
Lot Size 8,398 Sqft
Acres 0.1928
Property Sub-Type Duplex
Property Description
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!
Location
State VA
County Richmond City
Area 10 - Richmond
Rooms
Basement Crawl Space
Exterior
Exterior Feature Out Building(s)
Fence None
Garage No
Building
Lot Description Corner Lot, Dead End, Level
Story 2
Sewer Public Sewer
Water Public
Architectural Style Colonial, Two Story
Level or Stories Two
Additional Building Outbuilding
Structure Type Brick,Block
Construction Status Actual
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID W000-1620-006
Ownership Corporate
Special Listing Condition Corporate Listing
