1209 Wallace ST Open House Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23220
OPEN HOUSE
Thu Nov 13, 3:00pm - 4:00pm Wed Nov 19, 3:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $120
Subdivision Wallace Manor
MLS Listing ID 2530376
Style Two Story
Construction Status Actual
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,384
Tax Year 2025
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Quadruplex
Property Description
Fantastic Investment Opportunity Walkable to VCU! Don't miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood—just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond's best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond's most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.
Location
State VA
County Richmond City
Community Wallace Manor
Area 10 - Richmond
Interior
Appliance Gas Water Heater
Exterior
Fence Back Yard,Fenced
Roof Type Metal
Porch 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,Plaster,Wood Siding
Construction Status Actual
Schools
Elementary Schools Fox
Middle Schools Dogwood
High Schools Thomas Jefferson
Others
Tax ID W000-0436-026
Ownership Corporate
Special Listing Condition Corporate Listing