4207 W Grace Street, Richmond, VA 23230

$989,900
3,552
SqFt

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List Price
$989,900
Days on Market
0
MLS#
CVR-2620887
Status
ACTIVE
Type
Multifamily
Style
Colonial, Two Story
Year Built
1940
County
Richmond City
Region
20 - Richmond
Neighborhood
Monument Avenue Gardens
Subdivision
Monument Avenue Gardens

Property Description

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

Additional Information

Acres
0.17
Living Area
3,552
Exterior Features
Out Building(s)
Elementary School
Munford
Middle School
Albert Hill
High School
Thomas Jefferson
Roof
Slate
Appliances
Electric Water Heater, Gas Water Heater
Basement
Partial
Taxes
$7,716

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Calculator source: Real Geeks

Listing courtesy of PARK 27.

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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. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .