3425 W Franklin Street, Richmond, VA 23221 (MLS # 2531089)
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Outstanding all-brick duplex in the heart of the coveted Museum District! This well-maintained property sits proudly on a large corner lot and offers an exceptional opportunity for both owner-occupants and savvy investors. The building is fully rented with amazing long-term tenants who would love to stay, providing immediate stability and strong cash flow. Each spacious apartment features 2 bedrooms and 1 full bath, separate utilities, and a consistent rental history"”currently renting for approximately $1,500 per month per unit. With solid income and separate metering, the property cash flows with a conventional mortgage at today's rates and list price, making it a rare turnkey investment in one of Richmond's most desirable, walkable neighborhoods. All-brick construction, classic charm, and unbeatable proximity to museums, restaurants, Carytown, breweries, parks, and major commuter routes ensure ongoing tenant demand. Whether you're expanding your portfolio or looking to live in one unit while renting the other, this duplex offers the perfect blend of stability, location, and long-term upside. Don't miss this incredible Museum District opportunity!
| DAYS ON MARKET | 23 | LAST UPDATED | 12/10/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1951 |
| COMMUNITY | 10 - Richmond | COUNTY | Richmond City |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lois-Harrison Jones |
|---|---|
| Jr. High School | Albert Hill |
| High School | Thomas Jefferson |
| ADDITIONAL DETAILS | |
| AREA | 10 - Richmond |
|---|---|
| BASEMENT | Crawl Space |
| CONSTRUCTION | Block, Brick |
| LOT | 8398 sq ft |
| LOT DESCRIPTION | Corner Lot, Level |
| PARKING | Off Street, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial, Two Story |
| SUBDIVISION | None |
| TAXES | 6468 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The Steele Group
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Last Updated: 3/10/26 2:26 AM PDT
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