19 days on rocket

2700 P St, Richmond, VA, 23223

$490,000

Home List Price

$5,819*

Closing Credit

0 Baths
2,940 SqFt
$167/SqFt
Multi

Location

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2700 P St, Richmond$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1910
MLS #2427412
Lot Size0.05 Acres
StatusActive

About 2700 P St

2700 P Street, a duplex property located in the heart of Richmond's historic Church Hill neighborhood. This historic and charming duplex includes a three bedroom/ two bathroom unit up and a two bedroom/ one bathroom unit down below. Both units include updated kitchen a bathroom finishes with unit A undergoing a recent renovation. Both units include central HVAC and unit B includes its own in unit washer/dryer. Water is separately metered and electricity and gas are currently billed back to the tenants using a RUBs system. This prime corner duplex is a great opportunity for an investor looking to enter the multi-family market or a season investor looking to expand their holdings in the Richmond MSA.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1910
  • Stories: 2
  • Living Area: 2,940 SqFt

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 266-8831
  • Listing Agent: Isaac Weintz

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

School Info

Assigned Schools Information:

  • Franklin Military Academy, Public District Grades 6-12
  • Armstrong High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • George Mason Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $3,300
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

2700 P St vs Richmond

19 DAYS ON ROCKET

-7 Days

$490,000

+$132.7K More

$167/SqFt

-$58 Less

KEY TAKEAWAY

This property is $132.7K more than the Median Sold Price and $58/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2427412

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 266-8831
  • Listing Agent: Isaac Weintz

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2016Home Sold
$325,000
Aug 11, 2008Home Sold
$191,100
Nov 14, 2005Home Sold
$65,000
Jul 27, 2005Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,300$282,000
2020$3,300$275,000
2019$2,808$240,000
2018$2,808$234,000

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2191471
2
/10

  • George Mason Elementary School

  • 813 N 28th St

  • 0.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2191472
1
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 0.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2191473
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 0.69 miles

  • Public District Grades 6-12

school-card-donut-2191474
3
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.15 miles

  • Public District Grades 9-12

school-card-donut-2191475
9
/10

  • Open High School

  • 600 S Pine St

  • 2.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,900. Residents of Richmond, VA typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23223›2700 P St

This home is located at 2700 P St in Richmond, VA and zip code 23223 in the East Side neighborhood. This 2,940 square foot home, which was built in 1910, sits on a 0.05 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $490,000.

In October 2024, from all listings sold in Richmond, VA there were more than 165 sold above asking price, over 137 sold below and more than 81 were sold right at the asked price. The inventory of homes for sale in Richmond, VA between September 2024 and October 2024 increased by 5.8%. In October 2024 median list price was $357,226 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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