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3216 W Franklin Street, 
Richmond, VA 23221

$625,000


Bed


Bath


1,846

Sq Ft


Multi-Family

Pending

Listed by

James Strum

Long & Foster Realtors

804-288-8888

Last updated:

April 22, 2026, 07:38 AM

MLS#

2605987

Source:

RV

About This Home

3216 W Franklin Street

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.

Home Facts

Multi-Family

Built in 1921

Price Summary

625,000

$338 per Sq. Ft.

MLS #:

2605987

Last Updated:

April 22, 2026, 07:38 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

1,846 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

1,846 Sq. Ft.

Year Built:

1921


Lot

Lot Size (Sq. Ft):

3,624


Finances & Disclosures

Finances

Price:

$625,000

Price per Sq. Ft:

$338 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.