$625,000
$625,000
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3216 W Franklin ST Richmond, VA 23221
1,846 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,846 sqft
Price per Sqft $338
Subdivision Lee Annex
MLS Listing ID 2605987
Sold Date 05/08/26
Style Two Story
Construction Status Approximate
HOA Y/N No
Year Built 1921
Annual Tax Amount $6,300
Tax Year 2025
Lot Size 3,624 Sqft
Acres 0.0832
Property Sub-Type Duplex
Property Description
Located in the heart of Richmond's highly desirable Museum District, 3216 West Franklin St presents an excellent rental investment opportunity in one of the city's most walkable and sought-after neighborhoods. This classic white brick duplex offers approximately 1,846 square feet and features two spacious units, each with 2 bedrooms and 1 bathroom. Unit A Is located upstairs and unit B is located downstairs. Positioned on a beautiful tree-lined street with sidewalks that connect to some of Richmond's most vibrant areas, the property is just moments from Carytown, Scott's Addition, VCU, local restaurants, museums, and everyday conveniences. The building features a charming concrete front porch with both covered and uncovered seating areas, creating a welcoming entry for tenants and guests. Each apartment includes front and rear access, a comfortable living room, dining area, kitchen with gas 4-burner stove, washer and dryer, and multiple windows that provide great natural light. The upstairs unit includes hardwood floors, tall ceilings, crown molding details, and a front balcony overlooking the street, while the lower unit features durable LVP flooring throughout. The property also includes rear access to alley parking along with a small outdoor seating area and storage shed. With strong rental appeal thanks to its unbeatable location and practical layout, this duplex provides investors with a great opportunity to own income-producing real estate in one of Richmond's most popular urban neighborhoods.
Location
State VA
County Richmond City
Community Lee Annex
Area 10 - Richmond
Direction From West Broad Street turn south onto Tilden St or Cleveland St and then turn onto West Franklin St the duplex is in the middle of the block.
Rooms
Basement Common Basement
Interior
Interior Features Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, High Ceilings, High Speed Internet, Laminate Counters, Cable TV, Wired for Data
Window Features Screens,Thermal Windows
Appliance Gas Water Heater
Laundry Washer Hookup, Dryer Hookup, Stacked
Exterior
Exterior Feature Lighting
Fence Back Yard, Fenced
Roof Type Composition
Porch Balcony, 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
Construction Status Approximate
Schools
Elementary Schools Lois-Harrison Jones
Middle Schools Albert Hill
High Schools Thomas Jefferson
Others
Tax ID W000-1474-026
Ownership Individuals
Financing Conventional
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