Investment & Owner-Occupant Opportunity 2608 E Marshall St 1 Unit Apartment Building $475,000 ($475,000/Unit) Richmond, VA 23223

Rare 1814 Snyder Homestead blending historic Richmond character, modern updates, and proven Airbnb income in the heart of Church Hill. Positioned in the heart of Richmond’s historic Church Hill neighborhood, 2608 E. Marshall Street presents a rare opportunity to acquire one of the area’s earliest surviving residences. Originally constructed in 1814 as the neighboring church’s parish house, the historic Snyder Homestead blends timeless architectural character with modern functionality and income producing potential.
The approximately 1,380 SF residence features recent improvements including a newly renovated kitchen and bathroom, while the unfinished basement offers additional storage or future expansion potential. Currently operating as a successful Airbnb, the property benefits from Church Hill’s strong tourism appeal, walkability, and proximity to downtown Richmond, VCU Medical Center, Libby Hill Park, acclaimed restaurants, and neighborhood retail amenities.
The property offers exceptional flexibility for a variety of buyers. Investors can continue operating the home as a short-term rental with an established operating history and growing revenue trends, while owner-occupants have the opportunity to own a truly historic residence in one of Richmond’s most desirable urban neighborhoods. Few properties combine this level of historic significance, modern updates, and income potential within Church Hill’s tightly held residential market.
Airbnb Performance Overview
The property has demonstrated encouraging short-term rental performance with clear momentum entering 2026. From August through December 2025, the home generated approximately $12,438 in gross Airbnb revenue across 84 booked nights with an average stay of 3.7 nights. Performance has accelerated further in 2026. Between January 1
and May 11, 2026, the property generated approximately $10,786 in gross earnings and over $10,345 in net payouts, with 70 booked nights and an average stay of 3.5 nights.
Monthly revenue show strong seasonal growth heading into spring:
-January 2026: $1,245 gross
-February 2026: $2,052 gross
-March 2026: $3,560 gross
-April 2026: $3,070 gross
The steady increase in bookings and revenue reflects growing traction for the property as a short-term rental and highlights the strength of Church Hill as a destination for visitors seeking historic Richmond accommodations.