3518 E Richmond Road Unit U12, Richmond, VA 23223

$125,000
2
BD
1
BA
760
SqFt

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List Price
$125,000
Days on Market
147
MLS#
CVR-2604625
Status
ACTIVE
Type
Condo
Style
Two Story
Year Built
1966
Bedrooms
2
Bathrooms
1
Full-baths
1
County
Richmond City
Region
10 - Richmond
Neighborhood
Villas Of Oakwood South
Subdivision
Villas Of Oakwood South
HOA Fee
$121

Property Description

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.

Additional Information

Acres
0.02
Living Area
760
Exterior Features
Porch
Elementary School
Chimborazo
Middle School
Martin Luther King Jr.
High School
Armstrong
Roof
Composition
Appliances
Electric Water Heater, Water Heater
Cooling
Central Air
Heating
Electric
Taxes
$1,224
Stories
2
Style
Two Story
Construction Materials
Brick, Vinyl Siding
Flooring
Carpet, Laminate, Vinyl
Patio And Porch Features
Porch
Heating
Electric
Appliances
Electric Water Heater, Water Heater
Water
Public
Sewer
Public Sewer
Taxes
$1,224
Hoa
Yes
Flooring
Carpet, Laminate, Vinyl

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .