For Sale

under contract

913 North 35th Street Richmond Virginia 23223

$399,000

Investment Highlights

for sale

  • Value-add opportunity
  • Sought after neighborhood
  • Modern amenities
  • 2 bed/1 bath apartments

Year Built: 1915
Parcel ID: E0001110018
Square Ft: 2,260
Acreage: 0.129
Zoning: R-5
Occupancy: 50%
Unit Count: 2

One South Commercial is proud to present 913 N 35th Street, an exceptional investment opportunity nestled in the heart of Richmond’s vibrant Church Hill neighborhood. This charming duplex, originally built as a multifamily property, features two spacious apartments—one on the first floor and another on the second floor—each offering two bedrooms and one bathroom.

Stepping inside, you’ll find that both units boast classic hardwood floors throughout, lending warmth and character to the living spaces. Each apartment has been updated to meet modern living standards, with updated kitchens, in-unit washers and dryers and central air conditioning enhance the appeal, ensuring comfort for both tenants and potential owner-occupants.

The property includes a sizable backyard and provides an opportunity to easily add off-street parking, increasing the property’s functionality and value. A large storage shed offers ample space for tools, bikes, or seasonal items, making it a practical feature for residents.

Currently, the upstairs unit is rented at $1,450 per month (lease expires 1/31/25), presenting immediate rental income. With the robust demand for quality rentals in Church Hill, the market rent for both units could likely reach $1,650 per month, creating a compelling value-add opportunity for investors looking to boost returns.

Church Hill continues to thrive as one of Richmond’s most sought-after neighborhoods, blending historic charm with modern amenities. The area is known for its beautiful parks, a lively dining scene, and a strong sense of community. Whether you’re an investor seeking a solid income-generating property or a homeowner looking for a place to live while offsetting your mortgage with rental income, 913 N 35th Street is an ideal choice.

This property is a rare find in a neighborhood that continues to see growth and revitalization. Don’t miss the chance to explore its potential. Contact us today to learn more or to schedule a private tour.

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Location

913 North 35th Street, Richmond, VA, USA

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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 913 North 35th Street | Richmond, VA, 913, North 35th Street, Richmond, Virginia, 23223. 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 913 North 35th Street | Richmond, VA, 913, North 35th Street, Richmond, Virginia, 23223. 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 913 North 35th Street | Richmond, VA, 913, North 35th Street, Richmond, Virginia, 23223. 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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