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
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
Estimates only. Actual payments may vary.
Location
4207 W Grace Street
Richmond, VA 23230
Monument Avenue Gardens
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Pool Features
Parking
Appliances
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.


