For Sale

under contract

Fully Leased Duplex

2403 3rd Avenue Richmond Virginia 23222

$350,000

Investment Highlights

for sale

  • 100% occupied duplex
  • Professionally managed
  • 2 bed/1 bath

Year Built: 1926
Parcel ID: N0000658008
Square Ft: 2,100
Acreage: 0.1125
Zoning: R-6
Occupancy: 100%
Unit Count: 2

One South Commercial is pleased to present the exclusive listing for 2403 3rd Avenue in Richmond, VA. This charming duplex offers two spacious 2-bedroom, 1-bathroom apartments, each featuring original hardwood floors, tall ceilings, and timeless historic character. Modern comforts include central air, ensuring year-round comfort for tenants.

The property also boasts a welcoming front porch—perfect for relaxing outdoors—and a shared backyard, offering additional space for residents to enjoy.

Both units are fully leased and professionally managed, providing a seamless investment opportunity. The neighborhood is experiencing a renaissance of growth and revitalization, with ongoing renovations and new developments enhancing the area’s appeal.

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Location

2403 3rd Avenue, Richmond, VA, USA

Current Property
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Listing Agent(s)

Justin Sledd

Vice President

Justin is a seasoned commercial real estate expert with over 15 years worth of experience. Having a widespread knowledge of the Richmond real estate market, Justin is comfortable handling many types of transactions, but his primary practice areas are multifamily and investment sales. Justin possesses a commanding knowledge of Richmond’s rental market, providing his clients with in-depth analysis of the competitive landscape and value-added solutions. Justin is a Richmond native and a graduate of Virginia Commonwealth University.

  • President (2020), Richmond Property Owners Association
  • Richmond Association of Realtors
  • Greater Richmond Association for Commercial Real Estate (GRACRE)
  • VA Department of Professional and Occupational Regulation
  • Real Estate Sales License
  • Goochland Education Foundation Board Member
Communication
One South Commercial is the exclusive representative of Seller in its disposition of 2403 3rd Avenue | Richmond, VA, 2403, 3rd Avenue, Richmond, Virginia, 23222. All communications regarding the property should be directed to the One South Commercial listing team.
Property tours
One South Commercial is the exclusive representative of Seller in its disposition of 2403 3rd Avenue | Richmond, VA, 2403, 3rd Avenue, Richmond, Virginia, 23222. All communications regarding the property should be directed to the One South Commercial listing team.
Offers
One South Commercial is the exclusive representative of Seller in its disposition of 2403 3rd Avenue | Richmond, VA, 2403, 3rd Avenue, Richmond, Virginia, 23222. All communications regarding the property should be directed to the One South Commercial listing team.

DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed

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