1836 Parkwood Avenue, Richmond, VA 23221
None · Richmond City County
Key Facts
Description
1836 & 1838 Parkwood Ave present a rare opportunity to acquire two fully occupied townhome-style homes near Richmond’s Fan District, one of the city’s most proven and resilient rental markets. Offered together as a package for $690,000 total, these individually parceled properties provide immediate in-place income with additional upside potential. Strong tenant demand, limited supply, and consistent rent growth position this offering for long-term appreciation and increasing NOI. A turnkey professional management option is already in place, making this an ideal opportunity for investors seeking a truly passive ownership experience. Whether you’re expanding an existing portfolio or entering the Richmond rental market with quality assets in a premier location, Parkwood Avenue delivers simplicity, stability, and future growth.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Two Story
Year Built
2006
Stories
2
Living Area
1,494 sq ft
Lot Size
0.06 acres
Lot Dimensions
19x124.24
Ownership
Corporate
Days on Market
11
MLS® Listing#
2603005
Property Features
Cooling
Heating
Pool
Fencing
Construction
Roof
Sewer
Water Source
Rooms
- First
Schools
- Elementary:
- Fox
- Middle:
- Dogwood
- High:
- Thomas Jefferson
Financial Details
Annual Taxes
$5,280
Tax year 2025
Assessed Value
$440,000
Parcel Number
W0000808040
Affordability Calculator
$69,000
Estimated monthly payment
$1,836/mo
Principal $276,000 · Est. interest $385,045 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, VA
- $407,500
- Median Listing Price
- 41
- Median Days on Market
- 1,626
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 496
- Active Listings
- This home’s price is 15% below the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, VA.
Location
Points of Interest in Richmond, VA
Showing the Richmond area map.
Nearby Schools
Binford Middle School
Secondary · 0.2 mi away
MS. Babs' Nursery School
School · 0.5 mi away
William Fox Elementary School
Elementary · 0.5 mi away
Vcu School of Education
School · 0.6 mi away
Vcu School of Social Work
School · 0.6 mi away
Vcu School of the Arts
School · 0.6 mi away
Orchard House Middle School
Elementary · 0.6 mi away
Amelia Street School
School · 0.6 mi away
Clark Springs Elementary School
Elementary · 0.7 mi away
St Andrew's School
School · 0.8 mi away
John B. Cary Elementary School
Elementary · 0.9 mi away
Benedictine High School
Secondary · 1.0 mi away
Saint Benedict Catholic School
Secondary · 1.0 mi away
Cristo Rey Richmond High School
Secondary · 1.0 mi away
Governor's School Gsa Conference
School · 1.0 mi away
Maggie L. Walker Governor's School
Secondary · 1.0 mi away
Open High School
Secondary · 1.0 mi away
George Washington Carver Elementary School
Elementary · 1.1 mi away
Robert E Lee Elementary School
Elementary · 1.1 mi away
Blooming Child Petite Academy
School · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2509 Mandy, Richmond, VA | $243,895 | 3 | 1 | 1,120 |
| 3701 Patrick Avenue, Richmond, VA | $249,000 | 3 | 2 | 1,270 |
| 117 E 33rd Street, Richmond, VA | $249,900 | 3 | 1 | 1,296 |
| 4309 4th Street, Richmond, VA | $249,900 | 3 | 2 | 980 |
| 2015 Mansion Avenue, Richmond, VA | $250,000 | 3 | 2 | 1,152 |
| 1333 W Broad Street U304, Richmond, VA | $250,000 | 2 | 2 | 1,109 |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: RPM Richmond Metro - 8043425800
Presented by: Mark Smith
Last Updated: 2026-02-07