2827 Montecrest Avenue, Richmond, VA 23234 (MLS # 2628566)

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PRICE $130,000 dsIDX morgage calculator
BEDS 3
BATHS 1
HOME SIZE 1,008 sqft
LOT SIZE 8,399 sqft

**Investor Special - Diamond in the Rough with Profit Potential!** Opportunity knocks in South Richmond! This 3-bedroom, 1-full-bath rancher offers investors, renovators, and savvy buyers an excellent opportunity to build equity and potentially realize a solid return through renovation and improvements. Situated on a block featuring mostly renovated and updated homes, this property offers the chance to bring new life to a home in an established neighborhood where surrounding improvements help showcase the area's potential. With the right vision, renovation plan, and sweat equity, this diamond in the rough could be an excellent addition to your investment portfolio or is perfect for savvy buyers of all types. The home was inherited and is being sold **AS-IS, WHERE-IS**, presenting an opportunity for buyers prepared to take on a renovation project. The exceptionally attractive price reflects the property's potential and creates an opportunity for those with the time, resources, and know-how to transform a property and pursue a profitable resale, a long-term investment or a wonderful new renovated personal home. Well-priced renovation opportunities like this can be hard to find. If you've been searching for your next fix-and-flip, investment property, or sweat-equity project, this South Richmond rancher deserves a closer look. Bring your contractor, run your numbers, and envision the possibilities! **Priced to attract attention and offering plenty of potential, this property is expected to generate significant interest.** Don't wait"”contact your buyer's agent and schedule your showing as soon as possible. Opportunities like this may not last long!

DAYS ON MARKET 2 LAST UPDATED 10/21/2026
TRACT Scottdale YEAR BUILT 1986
COMMUNITY 50 - Richmond COUNTY Richmond City
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Broadrock
Jr. High School Boushall
High School Richmond High School for the Arts


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA 50 - Richmond
BASEMENT Crawl Space
CONSTRUCTION Aluminum Siding, Frame
HEAT Electric, Heat Pump
INTERIOR Ceiling Fan(s), Master Downstairs
LOT 8398 sq ft
LOT DESCRIPTION Level
PARKING Unpaved, Driveway, Off Street, Paved
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION Scottdale
TAXES 2124
WATER Public
ZONING R-4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Neumann & Dunn Real Estate

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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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Last Updated: 10/22/26 3:28 PM PDT

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