3427 W Franklin Street, Richmond, VA 23221
- $624,950
- 1,810
- SqFt
- List Price
- $624,950
- Days on Market
- 0
- MLS#
- CVR-2624045
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Two Story
- Year Built
- 1951
- County
- Richmond City
- Region
- 10 - Richmond
Property Description
Looking for a great investment or a potential future owner-occupant situation? This duplex is set in a great Museum District location. 3427 W. Franklin Street sits along one of Richmond's established residential corridors just a block off the beloved Gas Light block in the Museum District. This classic brick duplex offers two separately rented apartments with identical floor plans and a strong combination of character, practical improvements, and an excellent location. The property sits on a large lot with potential for off-street parking and/or space for a garage, and because it was purpose-built as a duplex, the layout is exceptionally functional. All utilities are separately metered for each unit, a real plus for investors and owner-occupants alike. Each apartment offers two bedrooms and one full bath with hardwood floors, well-proportioned rooms, abundant natural light, and an in-unit stackable washer and dryer. The kitchens feature traditional wood cabinetry, a gas range, refrigerator, and updated flooring, while the baths include a newer vanity, tiled tub surround, and updated flooring. Additional improvements include electrical and lighting updates and refinished hardwood floors throughout. Both apartments are currently rented, providing existing rental income from the outset. Property improvements completed over time include vinyl replacement windows, a dimensional roof, deck improvements and updated deck flooring, a newer shed roof, and additional mechanical and interior updates. With its brick construction, hardwood floors, two identical and independent residences, separate utilities, and desirable West Franklin Street setting just steps from the Gas Light block, this is a well-positioned opportunity to acquire an established income-producing property in one of Richmond's most sought-after residential areas.
/u.realgeeks.media/homerva/HomeRVA.png)
Additional Information
- Acres
- 0.19
- Living Area
- 1,810
- Exterior Features
- Out Building(s), Storage, Shed
- Elementary School
- Fox
- Middle School
- Albert Hill
- High School
- Thomas Jefferson
- Roof
- Composition
- Appliances
- Gas Water Heater
- Basement
- Crawl Space
- Taxes
- $6,384
- Stories
- 2
- Style
- Two Story
- Construction Materials
- Brick, Drywall
- Interior Features
- Bedroom on Main Level, En Suite Bathroom, Full Bath on Main Level, Laminate Counters, Main Level Primary
- Fencing
- Back Yard, Chain Link, Fenced, Wood
- Patio And Porch Features
- Balcony, Rear Porch, Deck
- Parking Features
- On Street
- Appliances
- Gas Water Heater
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $6,384
Mortgage Calculator
Listing courtesy of PARK 27.
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 .