About This Home

This 0-bedroom, 0-bathroom multi-family at 4207 W Grace Street in Richmond, VA is listed for $989,900 ($279 per sqft). Built in 1940, the home offers 3,552 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
1940
Listing Description

Looking for the ideal downsize but don't want a condo? Want first-floor living but love the neighborhoods that seem to have only two-story homes? This might be for you. Tucked into Richmond's coveted Sauer's Gardens neighborhood in the Near West End - steps from the same brick-and-boxwood charm that makes Monument Avenue's landmark condo buildings

so desirable - this 1940 brick sister-flat duplex delivers the lock-and-leave lifestyle of a condo with none of the association rules or monthly dues. The current owner occupies the main level as a private one-level retreat: 2 bedrooms, 2 full baths, a dedicated study, and its own laundry - true first-floor living, in a neighborhood built almost entirely of two-story homes.

Upstairs, a fully separate luxury unit - 2 bedrooms, a full bath, a study, and its own laundry - is currently operated as a high-performing short-term rental. The upper unit's second bath is already roughed-in for conversion, giving a new owner a clear, low-lift path to add value and boost nightly rental rates.

Outside, the current owner completed a brand-new detached garage - two full bays plus a finished storage level above - alongside an additional off-street parking space, solving Richmond's biggest city-living headache: parking. A bluestone patio and thoughtfully designed hardscape turn the backyard into a low-maintenance garden oasis, built for entertaining, not weekend upkeep.

Whether you're searching for that rare first-floor-living opportunity without giving up your own front door to an HOA, a turnkey short-term rental investment near Richmond's top attractions, or simply a smarter way to downsize into a walkable, historic neighborhood, 4207 W Grace St offers rare flexibility on a 7,258 sq ft lot with 2,854 finished square feet. STATED RENT IS PLACE HOLDER - PROPERTY IS OWNER OCCUPIED

Monthly Cost Estimate

$5,294/mo

20% down · 6.5% · 30 years

Principal$716
Interest$4,290
Insurance$289

Estimates only. Actual payments may vary.

Location

4207 W Grace Street

Richmond, VA 23230

Monument Avenue Gardens

Features & Amenities

Interior Features

BedroomOnMainLevel

Exterior Features

OutBuildings

Property Details

Construction

Brick Plaster

Pool Features

Porch

Parking

GarageCoveredOff Street

Appliances

ElectricWaterHeaterGasWaterHeater

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 4207 W Grace Street is listed at $989,900 ($279/sqft). The estimated monthly payment is $5,294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot, 2 stories. Interior Features: BedroomOnMainLevel. Exterior Features: OutBuildings.

This property is listed by Chris Small and can be reached at 8043500879.

CS

Chris Small

Agent at PARK 27

(804) 350-0879

Listed by PARK 27 · View on Broker Site

MLS# 2620887· 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.

4207 W Grace Street, Richmond, VA 23230

Open this listing in: