2 months on rocket

3139 W Ellwood Ave, Richmond, VA, 23221

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,132 SqFt
$335/SqFt
Multi

Location

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3139 W Ellwood Ave, Richmond$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNo Garage, Off Street
Year Built1931
MLS #2426503
Lot Size0.09 Acres
StatusActive

About 3139 W Ellwood Ave

This property features four beautifully updated apartments, each with its own utilities, ensuring lower operational costs for investors. Off street parking is also available for added tenant convenience. The renovation includes: • All New Kitchens: Cabinets, Countertops, Appliances • Mini-Split Central Air • Installed Washer/Dryers • All New Bathrooms • Luxury Vinyl Plank Flooring • Rebuilt Front Porch • All New Windows The comprehensive renovation was completed to attract and achieve strong rents. With walkability to a variety of local shops, restaurants, and boutiques, this location ensures consistent rental demand, making it an ideal investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1931
  • Stories: 2
  • Living Area: 3,132 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: No Garage, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $335/SqFt
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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

$359.9K

Med. Price/SqFt

$226

Avg. Days On Market

27

# of Sold Homes

318

3139 W Ellwood Ave vs Richmond

64 DAYS ON ROCKET

+37 Days

$1,050,000

+$690K More

$335/SqFt

+$108 More

KEY TAKEAWAY

This property is $690K more than the Median Sold Price and $108/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2426503

Listing Office:

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

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: 12/11/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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NMLS#3030

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.

Nearby Schools

school-card-donut-1788665
4
/10

  • John B. Cary Elementary School

  • 3021 Maplewood Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-1788666
5
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-1788667
6
/10

  • Mary Munford Elementary School

  • 211 Westmoreland St

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,078. Residents of Richmond, VA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23221›3139 W Ellwood Ave

This home is located at 3139 W Ellwood Ave in Richmond, VA and zip code 23221 in the West End neighborhood. This 3,132 square foot home, which was built in 1931, sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,050,000.

Over 124 listings were sold over their listed price in November 2024 in Richmond, VA. In the same period over 112 listings were sold below the listed price and 80 listings were sold for the listed price. Between October 2024 and November 2024, Richmond, VA real estate market has seen decrease in the number of listings by 7.4%. While the average time on the market in November 2024 was 27 days, the median list price was $359,917.

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

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