1300 Floyd AVE, Richmond, VA 23220
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1300 Floyd AVE, Richmond, VA 23220
1300 Floyd AVE, Richmond, VA 23220
1300 Floyd AVE, Richmond, VA 23220
1300 Floyd AVE, Richmond, VA 23220
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Tiffany Hite Stevens

Tiffany Hite Stevens

+1(804) 467-8433
$ 975,000
Est. payment /mo
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1300 Floyd AVE Richmond, VA 23220

3,286 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $296

MLS Listing ID 2613189

Style Tri-Level

Construction Status Approximate

HOA Y/N No

Year Built 1910

Annual Tax Amount $8,580

Tax Year 2025

Lot Size 2,957 Sqft

Acres 0.0679

Property Sub-Type Triplex

Property Description

Positioned on one of Richmond's most iconic residential neighborhoods – the Fan, 1300 Floyd Avenue presents a rare opportunity to acquire a classic Fan District triplex directly adjacent to Virginia Commonwealth University. This stately brick property blends historic Richmond architecture with strong in-place cash flow and substantial rental upside. The property features three spacious apartment homes with an attractive unit mix ideal for students, young professionals, and long-term tenants seeking walkability to VCU, Carytown, the Fan's restaurant scene, and downtown Richmond employment centers. The unit mix consists of a large one-bedroom apartment on the first floor with updated kitchen finishes, a spacious two-bedroom/two-bathroom apartment on the second floor, and a charming one-bedroom apartment occupying the third floor. All three units offer strong natural light, historic character, and layouts well suited for the urban renter profile driving demand throughout the Fan District. Current ownership has completed several meaningful capital improvements including new thermal sash windows, updated kitchens and appliances, new hot water heaters, and a recently completed modified flat roof with copper flashing. The property has been well maintained while still offering investors the opportunity to increase rents significantly over time.
Current rents are considered substantially below market for renovated Fan District apartments within immediate proximity to VCU that include all utilities.

Location

State VA

County Richmond City

Area 10 - Richmond

Rooms

Basement Common Basement, Full

Interior

Laundry Common Area

Exterior

Community Features Laundry Facilities

Roof Type Flat

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Tri-Level

Level or Stories Two and One Half, Multi/Split

Structure Type Brick

Construction Status Approximate

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-0457-013

Ownership Individuals

Central Virginia Regional MLS (CVR MLS)
Listed by One South Commercial LLC
Tiffany Hite Stevens

Tiffany Hite Stevens

Agent

+1(804) 467-8433

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1300 Floyd AVE