About This Home

This 3-bedroom, 2-bathroom single family at 1246 Parkwood Avenue in Richmond, VA is listed for $410,000 ($286 per sqft). Built in 1900, the home offers 1,432 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1900
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Amenities

A/C
Listing Description

LOCATION, LOCATION, LOCATION, this home has been used as a student rental and is less than 2 blocks from the VCU academic campus. Granite countertops, hardwood floors along with all appliances including newer fridge, stove, washer & dryer convey. Brand new HVAC as of June 3rd 2026.

Parking is often a challenge in this area but up to four cars can be parked in the rear off street parking area. Student housing is in great demand in this area and this home rents via word of mouth. Currently rented at $3200 or 9% Cap Rate. Lease ends in May 2027 with option to renew at $3400.

Monthly Cost Estimate

$2,193/mo

20% down · 6.5% · 30 years

Principal$297
Interest$1,777
Insurance$120

Estimates only. Actual payments may vary.

Location

1246 Parkwood Avenue

Richmond, VA 23220

Features & Amenities

Exterior Features

Porch

Property Details

Flooring

VinylWood

Construction

Brick Block Drywall VinylSiding

Outdoor Features

Porch

Parking

Off Street

Heating

Electric (Heating)

Cooling

Heat Pump

Appliances

CooktopElectricCookingElectricWaterHeaterRangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1246 Parkwood Avenue is listed at $410,000 ($286/sqft). The estimated monthly payment is $2,193 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.05 acre lot, 2 stories. Exterior Features: Porch.

This property is listed by Mike Drechsler.

MD

Mike Drechsler

License 0225091959

Agent at Rashkind Saunders & Co. Real Estate

Listed by Rashkind Saunders & Co. Real Estate · Broker phone: (804) 308-5211 · View on Broker Site · Broker website

MLS# 2628258· Source: Central Virginia Regional Multiple Listing Service· 18 days on PropertySimple

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1246 Parkwood Avenue, Richmond, VA 23220

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