Richmond, VA 23220,1209 Wallace ST
Richmond, VA 23220,1209 Wallace ST
Richmond, VA 23220,1209 Wallace ST
Richmond, VA 23220,1209 Wallace ST
Richmond, VA 23220,1209 Wallace ST
Richmond, VA 23220,1209 Wallace ST
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$ 300,000
Est. payment | /mo

2,496 SqFt


Save
$ 300,000
Est. payment | /mo
Save

2,496 SqFt

Open House

Thu Nov 13, 3:00pm - 4:00pm

Wed Nov 19, 3:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $120

Subdivision Wallace Manor

MLS Listing ID 2530376

Style Two Story

Construction Status Actual

HOA Y/N No

Year Built 1920

Annual Tax Amount $6,384

Tax Year 2025

Lot Size 6,250 Sqft

Acres 0.1435

Property Sub-Type Quadruplex

Property Description

Fantastic Investment Opportunity Walkable to VCU! Don't miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood—just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond's best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations with a roof approximately 5 years old. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond's most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.

Location

State VA

County Richmond City

Community Wallace Manor

Area 10 - Richmond

Interior

Appliance Gas Water Heater

Exterior

Fence Back Yard, Fenced

Roof Type Metal

Porch Rear Porch, Front Porch

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick,Plaster,Wood Siding

Construction Status Actual

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-0436-026

Ownership Corporate

Special Listing Condition Corporate Listing

Central Virginia Regional MLS (CVR MLS)
Listed by Motleys Real Estate
Leticia Ramos

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(540) 455-1295

letty@yourkeystoclose.com

1545 Crossways Blvd STE 250, Chesapeake, VA, 23320-0201, USA

Learn More About LPT Realty

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1209 Wallace ST