About This Home

This 0-bedroom, 0-bathroom residential multi family at 1416 Porter Street in Richmond, VA is listed for $599,900 ($252 per sqft). Built in 2010, the home offers 2,384 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2010
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
2010
Listing Description

ocated in the heart of Manchester, 1416 Porter Street presents an outstanding investment opportunity with this well-maintained duplex featuring two spacious 2-bedroom, 2-bathroom units. One unit is already leased, providing immediate rental income, while the second is vacant and move-in ready, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to maximize returns.

Each unit offers an open-concept floor plan with soaring ceilings, hardwood flooring in the main living areas, modern kitchens with stainless steel appliances, abundant cabinetry, and spacious bedrooms. Outside, residents enjoy large covered rear porches overlooking a generously sized fenced backyard, along with ample off-street parking-a rare amenity in the city.

Just minutes from downtown Richmond and within walking distance of Manchester's thriving restaurants, breweries, parks, and entertainment, this turnkey property offers the perfect blend of cash flow, flexibility, and long-term appreciation potential.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

1416 Porter Street

Richmond, VA 23224

Property Details

Construction

Drywall Frame HardiplankType WoodSiding

Pool Features

DeckPorch

Parking

Off Street

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1416 Porter Street is listed at $599,900 ($252/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2010, 0.12 acre lot, 2 stories.

This property is listed by Will Hymes and can be reached at 8049282034.

WH

Will Hymes

Agent at Monroe Properties

(804) 928-2034

Listed by Monroe Properties · View on Broker Site

MLS# 2618363· Source: listhub· 1 day on market

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.

1416 Porter Street, Richmond, VA 23224

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