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3425 W Franklin Street, 
Richmond, VA 23221

$599,000


Bed


Bath


1,906

Sq Ft


Multi-Family

Active

Listed by

Katherine Hawks

The Steele Group

804-282-3136

Last updated:

November 19, 2025, 07:51 PM

MLS#

2531089

Source:

RV

About This Home

3425 W Franklin Street

Outstanding all-brick duplex in the heart of the coveted Museum District! This well-maintained property sits proudly on a large corner lot and offers an exceptional opportunity for both owner-occupants and savvy investors. The building is fully rented with amazing long-term tenants who would love to stay, providing immediate stability and strong cash flow. Each spacious apartment features 2 bedrooms and 1 full bath, separate utilities, and a consistent rental history—currently renting for approximately $1,500 per month per unit. With solid income and separate metering, the property cash flows with a conventional mortgage at today’s rates and list price, making it a rare turnkey investment in one of Richmond’s most desirable, walkable neighborhoods. All-brick construction, classic charm, and unbeatable proximity to museums, restaurants, Carytown, breweries, parks, and major commuter routes ensure ongoing tenant demand. Whether you’re expanding your portfolio or looking to live in one unit while renting the other, this duplex offers the perfect blend of stability, location, and long-term upside. Don’t miss this incredible Museum District opportunity!

Home Facts

Multi-Family

Built in 1951

Price Summary

599,000

$314 per Sq. Ft.

MLS #:

2531089

Last Updated:

November 19, 2025, 07:51 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

1,906 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial, Two Story

Building Area:

1,906 Sq. Ft.

Year Built:

1951


Lot

Lot Size (Sq. Ft):

8,398


Finances & Disclosures

Finances

Price:

$599,000

Price per Sq. Ft:

$314 per Sq. Ft.

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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3425 W Franklin Street
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Fri, Nov 21
12:00 PM03:00 PM
Sat, Nov 22
02:00 PM04:00 PM

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