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1301 Grove Ave
Richmond, VA 23220
1301 Grove Avenue · Multifamily Property For Sale
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9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 10,695 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1879 |
| Building Class | B | ||
| Zoning | R-6 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 10,695 SF |
| No. Stories | 3 |
| Year Built | 1879 |
| Zoning | R-6 |
ABOUT 1301 GROVE AVE , RICHMOND, VA 23220
Marcus & Millichap is pleased to present the Exclusive Offering of 1301 Grove Avenue, a nine unit apartment building in HIGHLIGHTS the heart of Richmond’s Fan neighborhood. Built in 1870, the property is a mixture of spacious two and three bedrooms units which has kept occupancy at nearly 100 percent keeping up with the demand for student housing for Virginia Commonwealth University. Primarily a residential neighborhood consisting of late-nineteenth and early-twentieth century homes, The Fan District is walking distance to restaurants, shops, and nightlife. The Fan was given its name because of the “fan” shape of the array of streets that extend west from Belvidere Street, on the eastern edge of Monroe Park, Westward to the Boulevard. The Fan is one of the most eastern points of the city’s West End section, and is bordered to the north by Broad Street and to the south by VA-195. The Fan is also home to historic Monument Avenue, a boulevard featuring enormous statues of Civil War Confederate generals and a statue of tennis icon Arthur Ashe. Development of the Fan district was strongly influenced by the City Beautiful movement of the late 19th century.
PROPERTY TAXES
| Parcel Number | W000-0457-007 | Improvements Assessment | $1,347,000 |
| Land Assessment | $205,000 | Total Assessment | $1,552,000 |
PROPERTY TAXES
