Richmond, VA 23223 3518 E Richmond Road U12
$125,000
13 more
Presented By: Lauren Hammond with EXP Realty LLC.
- MLS# 2604625
- 03/03/2026
- Beds • 2
- Baths • 1
- SQFT • 760
Beds • 2
Baths • 1
SQFT • 760Home Details
Income-producing townhomes in Richmond’s established east-end corridor. Six 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow.
Units 14, 12, 3 and 15 have been renovated with updated kitchens, LVP flooring, and modern finishes. Remaining units are well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.
Presented By: Lauren Hammond with EXP Realty LLC.
Interior Features for 3518 E Richmond Road U12
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area0
FlooringCarpet, Laminate, Vinyl
Heating Y/NYes
Total Stories2
Window FeaturesScreens, Thermal Windows
General for 3518 E Richmond Road U12
AppliancesElectric Water Heater, Water Heater
Architectural StyleTwo Story
Assoc Fee Paid PerMonthly
Association Fee IncludesMaintenance Grounds, Maintenance Structure, Snow Removal, Trash
Construction MaterialsBrick, Vinyl Siding
CoolingCentral Air
CountyRichmond City
Days on Market44
Directions64 take 33 East Nine Mile Road exit. Turn right on Evergreen Road. Evergreen becomes Stoney Run Parkway. Turn right
on East Richmond Road, then turn left to enter the condos.
DisclosuresSeller Disclosure
Elementary SchoolChimborazo
Expected Active Date 2026-03-06
Exterior FeaturesPorch
Full Baths1
Garage Y/NNo
HOA121.86
HeatingElectric
High SchoolArmstrong
Home Owner AssocYes
LevelsTwo
Lot Size UnitsAcres
MLS Area10 - Richmond
Middle/Junior High SchoolMartin Luther King Jr.
New ConstructionNo
Occupancy TypeOwner
Ownership TypeSole Proprietor
Patio/Porch FeaturesPorch
Percent OwnershipIndividuals
Pool FeaturesNone
PossessionClose Of Escrow
Property ConditionResale
Property Sub Type AdditionalCondominium
Property SubTypeCondominium
Property TypeResidential
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameVillas Of Oakwood South
Tax Annual Amount1224
Tax Assessed Value102000
Tax Year2025
Total Rooms4
Unit NumberU12
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1966
Year Built DetailsActual
Zoning DescriptionR-53
Exterior for 3518 E Richmond Road U12
Door FeaturesInsulated Doors
Lot Size Acres0.017
Lot Size Area0.017
Water SourcePublic
Additional Details
Price History
Schools
High School
Armstrong High School
Elementary School
Chimborazo Elementary School
Middle School
Martin Luther King Jr. Middle School
Vicki Huber
Associate
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