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Listed price in listed location currency (USD).
$749,000

000

MLS® 2618857

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2943 sqft
Garage 
Taxes $6,984
Days Active 49
Lot Size 0.0706 Acres
Approx. Age 1910
Avg. Price Per Sqft $254
MLS® Number 2618857

Property Address: 2218/2220 M Street, Richmond, VA, 23223

Average square foot calculated using Size range provided by listing agent.

Description

Located at 2218-2220 M Street in the heart of Richmond’s highly desirable Union Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity to acquire a turnkey investment in one of the City’s strongest rental and resale markets. Encompassing approximately 2, 943 square feet, the property features an attractive unit mix of one 2-bedroom, 2-bathroom residence and one 3-bedroom, 1.5-bathroom residence, both renovated to an exceptional standard back in 2022 with quality finishes and modern systems. Investors will appreciate the property’s strong in-place rental potential, while its oversized lot offers additional value through future expansion, accessory dwelling units, or potential redevelopment, subject to applicable approvals. The layout also presents a unique opportunity to subdivide and reintroduce the residences to the market as individual for-sale homes, creating multiple avenues for future appreciation and exit strategies. Positioned just steps from the vibrant intersection of 25th and M Streets, the property enjoys one of Union Hill’s most walkable and sought-after locations. Residents are within easy walking distance of neighborhood favorites including Sub Rosa Bakery, Union Market, Metzger, Kahlo’s Taqueria, and Fat Rabbit, while remaining just minutes from downtown Richmond, the MCV campus, and convenient I-95 and I-64 access. Whether purchased as a long-term hold, value-add investment, or future condominium or single-family conversion opportunity, 2218–2220 M Street offers a compelling combination of quality renovations, outstanding location, and long-term upside that is increasingly difficult to find in Richmond’s historic urban neighborhoods.
MLS® Number2618857
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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