3418 Carolina Avenue, Richmond, VA 23222
- $475,000
- 3,990
- SqFt
- List Price
- $475,000
- Days on Market
- 1
- MLS#
- CVR-2624612
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Two Story
- Year Built
- 1920
- County
- Richmond City
- Region
- 30 - Richmond
Property Description
Discover a turnkey investment opportunity in Richmond’s desirable Northside. This well-maintained duplex features a two-bedroom, one-bath first-floor residence currently leased for $1,583 per month and a three-bedroom, one-bath second-floor residence leased for $1,715 per month, generating total monthly rental income of $3,298. The first-floor unit was fully renovated in 2019, while the second-floor unit underwent a comprehensive renovation in 2023. Improvements include updated HVAC systems, white shaker cabinetry, granite countertops, stainless steel appliances, updated flooring, renovated bathrooms, modern lighting, and refreshed finishes throughout. The rear alley provides off-street parking for up to four vehicles. With strong in-place income and extensive renovations already completed, this property offers an attractive opportunity for investors or owner-occupants seeking supplemental rental income in Richmond’s Northside.
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Additional Information
- Acres
- 0.23
- Living Area
- 3,990
- Elementary School
- Barack Obama
- Middle School
- Henderson
- High School
- John Marshall
- Roof
- Asphalt, Shingle
- Appliances
- Electric Water Heater
- Basement
- Crawl Space, Partial
- Taxes
- $4,872
- Stories
- 2
- Style
- Two Story
- Construction Materials
- Block, Vinyl Siding, Wood Siding
- Patio And Porch Features
- Deck, Front Porch
- Appliances
- Electric Water Heater
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $4,872
Mortgage Calculator
Listing courtesy of One South Commercial LLC.
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 .