4207 W Grace Street, Richmond, VA 23230 (MLS # 2620887)
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Looking for the ideal downsize but don't want a condo? Want first-floor living but love the neighborhoods that seem to have only two-story homes? This might be for you. Tucked into Richmond's coveted Sauer's Gardens neighborhood in the Near West End "” steps from the same brick-and-boxwood charm that makes Monument Avenue's landmark condo buildings so desirable "” this 1940 brick sister-flat duplex delivers the lock-and-leave lifestyle of a condo with none of the association rules or monthly dues. The current owner occupies the main level as a private one-level retreat: 2 bedrooms, 2 full baths, a dedicated study, and its own laundry "” true first-floor living, in a neighborhood built almost entirely of two-story homes. Upstairs, a fully separate luxury unit "” 2 bedrooms, a full bath, a study, and its own laundry "” is currently operated as a high-performing short-term rental. The upper unit's second bath is already roughed-in for conversion, giving a new owner a clear, low-lift path to add value and boost nightly rental rates. Outside, the current owner completed a brand-new detached garage "” two full bays plus a finished storage level above "” alongside an additional off-street parking space, solving Richmond's biggest city-living headache: parking. A bluestone patio and thoughtfully designed hardscape turn the backyard into a low-maintenance garden oasis, built for entertaining, not weekend upkeep. Whether you're searching for that rare first-floor-living opportunity without giving up your own front door to an HOA, a turnkey short-term rental investment near Richmond's top attractions, or simply a smarter way to downsize into a walkable, historic neighborhood, 4207 W Grace St offers rare flexibility on a 7,258 sq ft lot with 2,854 finished square feet. STATED RENT IS PLACE HOLDER - PROPERTY IS OWNER OCCUPIED
| DAYS ON MARKET | 1 | LAST UPDATED | 8/1/2026 |
|---|---|---|---|
| TRACT | Monument Avenue Gardens | YEAR BUILT | 1940 |
| COMMUNITY | 20 - Richmond | GARAGE SPACES | 2.0 |
| COUNTY | Richmond City | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Munford |
|---|---|
| Jr. High School | Albert Hill |
| High School | Thomas Jefferson |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
|---|---|
| AREA | 20 - Richmond |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Brick, Plaster |
| GARAGE | Yes |
| INTERIOR | Master Downstairs |
| LOT | 7257 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 56 X 129.6 |
| PARKING | Covered, Detached, Garage, Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial, Two Story |
| SUBDIVISION | Monument Avenue Gardens |
| TAXES | 7716 |
| WATER | Public |
| ZONING | R-5 |
MORTGAGE CALCULATOR
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Listed with PARK 27
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Last Updated: 8/2/26 9:46 AM PDT
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