# 2517 Grove Avenue, Richmond, VA 23220

> **TL;DR:** residential multi family, $1,150,000 ($189/sqft), built 1910, 6,087 sqft. Est. $4,983/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,150,000 |
| Price/sqft | $189 |
| Square Feet | 6,087 |
| Year Built | 1910 |
| Lot Size | 7,009 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,983 |
| **Total** | **$4,983** |

## Nearby Schools

- **Elementary:** Fox
- **Middle:** Dogwood
- **High:** Thomas Jefferson

## Property Highlights

- Built in 1910
- 0.16 acre lot
- 2 stories

## Description

### Agent Description
Remarkable opportunity to own a fully established, turnkey, income-producing multifamily property, in the heart of Richmond's most iconic and enduring neighborhood. This building positioned on one of the most recognizable and sought-after streets in the city consists of Three large 2 lrg. bedroom 1 bath apartments and One 1 bedroom 1 bath apartment, with lofted area with lots of options. Each unit serviced with central air and heat pump systems with individual thermostat controls. The building also offer 4 off street parking spaces. All units are separately metered for electricity, owner provides water. Front porch roof replaced in March 2026. The neighborhood has a very high walkability rating with some of the best restaurants, parks, entertainment and cultural venues/events the city has to offer all with walking distance. The location also benefits from a high quality rental pool that consists of young professionals, VCU and University of Richmond Students. Whether you are an owner occupant, a seasoned investor expanding your portfolio or a first time income property buyer this property delivers character, caliber and consistent performance at a level rarely found in this market. Don't miss this opportunity to own a real gem of a property in one of Richmond's most popular and historically significant neighborhoods. Great value add opportunity with lots of room for increased rents. Offers reviewed as received.

## Location

- **Address:** 2517 Grove Avenue, Richmond, VA 23220
- **County:** Richmond City
- **Coordinates:** 37.553642, -77.471813
- **Google Maps:** https://www.google.com/maps?q=37.553642,-77.471813

## Listing Agent

- **Name:** Newton Carroll
- **Brokerage:** Joyner Fine Properties
- **Phone:** 8044393813
- **Email:** newton.carroll@joynerfineproperties.com

## Primary Photo

![2517 Grove Avenue - Primary Photo](http://lh.rdcpix.com/57414fbfdfc9848b6cca7837f16f7b6fl-f1214419957r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/2517-grove-avenue-richmond-va-23220-2613836)*

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**MLS#:** 2613836 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2517-grove-avenue-richmond-va-23220-2613836)

---

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