$535,000

1237 W Cary St, Richmond, VA 23220

4 beds |
2 baths |
1,926 sqft

Single-Family Home
Built in 1900
2,191sqft lot
—— car garage
$278/sqft
Listed 16 hours ago

Property Description

An exceptional investment opportunity awaits with this fully rented, all-brick row house conveniently located just one block from VCU’s main campus. This classic Fan home offers 4 bedrooms and 2 full baths, a large, bright eat-in kitchen and updated systems for peace of mind and long-term value. Enjoy the best of urban living with coffee shops, restaurants, and local amenities just a short stroll away. The property also includes a fenced backyard and off-street parking for added convenience. Currently leased through August 1, 2026, at $2,800 per month, this home provides reliable rental income in one of Richmond’s most desirable neighborhoods. Whether you’re identifying a property for a 1031 exchange or expanding your rental portfolio, this is a fantastic, turn-key opportunity in a consistently strong rental market.

Listing Status:: Active
Listing Office:: The Steele Group : (804) 282-3136
Listing Agent:: Casey Smith : (804) 690-2976
MLS ID:: 2530753

General: Bedroom on Main LevelCeiling Fan(s)Eat-in KitchenHigh Ceilings
Appliances: DryerDishwasherElectric Water HeaterDisposalMicrowaveRefrigeratorStoveWasher
Basement: Crawl Space
Flooring: VinylWood
A/C: Central Air
Heating: ElectricHeat Pump
Fireplace: DecorativeFireplaceFireplaces: 1

Style: Two Story
Pool: None
Parking: Alley AccessNo GarageOff Street

Roofing: FlatRubber
General: Brick2

Originating MLS: CVR
County: Richmond City

Zoning: 0018.25X0120.00 0000.000W000-0440-023
Fencing: Back YardFencedPrivacy

Water: Public
Sewer: Public Sewer

Source: CVR
Ownership: IndividualsSole Proprietor

This listing courtesy of Casey Smith, The Steele Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William Fox Elementary School

2300 Hanover Ave, Richmond, VA, 23220

Grades KG-5

0.91 miles away

Binford Middle School

1701 Floyd Ave, Richmond, VA, 23220

Grades 6-8

0.41 miles away

Open High School

600 S Pine St, Richmond, VA, 23220

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.