About This Home

This 2-bedroom, 1-bathroom condo at 3518 E Richmond Road #U12 in Richmond, VA is listed for $125,000 ($164 per sqft). Built in 1966, the home offers 760 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1966
  • 0.02 acre lot
  • 2 stories

Property Details

2 stories
1 full
#U12
1966

Amenities

A/C
Listing Description

Income-producing townhomes in Richmond's established east-end corridor. Three 2-bedroom, 1-bath units available with strong rental history and five are currently tenant occupied, offering immediate and stable cash flow. Units 12 and 6 have been renovated with updated kitchens, LVP flooring, and modern finishes.

Unit 11 is well maintained and currently performing. Washer/dryer connections in each unit. Tenants pay utilities. Select units include Housing Choice Voucher tenants with consistent payment history. Opportunity to purchase individually or together. Well positioned near downtown Richmond, Church Hill, and major commuter routes with continued growth and rental demand. Invited to contact lender with any financing questions.

Monthly Cost Estimate

$791/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36
HOA$122

Estimates only. Actual payments may vary.

Location

3518 E Richmond Road #U12

Richmond, VA 23223

Villas Of Oakwood South

Features & Amenities

Exterior Features

Porch

Property Details

Flooring

CarpetVinylLaminate

Construction

Brick VinylSiding

Outdoor Features

Porch

Heating

Electric (Heating)

Cooling

Central Air

Appliances

ElectricWaterHeaterWaterHeater

Questions & Answers

This 2-bedroom, 1-bathroom condo at 3518 E Richmond Road is listed at $125,000 ($164/sqft). The estimated monthly payment is $790 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $122/month.

Key features include: Built in 1966, 0.02 acre lot, 2 stories. Exterior Features: Porch.

This property is listed by Lauren Hammond.

LH

Lauren Hammond

License 0225249109

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (866) 825-7169 · View on Broker Site · Broker website

MLS# 2604625· Source: Central Virginia Regional Multiple Listing Service· 244 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.

3518 E Richmond Road #U12, Richmond, VA 23223

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