Listing provided courtesy of PARK 27MLS# 2615451MLS Provider
  • 23 days on site
  • 6 views

2034 W. Grace Street | The Fan | Richmond, VA 2034 W. Grace Street presents a rare opportunity to acquire an entire duplex property on one of The Fan’s most established and walkable blocks. Built in 1908, this substantial two-family Richmond property offers historic architectural character, generous scale, and flexible ownership options in a prime city location. The property is listed with approximately 5,000 square feet, and a 4,445-square-foot lot. Giving yuo two large apartments with 4 bedrooms and 2 baths each. The building is well suited for an investor, an owner-occupant seeking rental income, or a long-term hold in one of Richmond’s most desirable urban neighborhoods. Interior spaces include large formal and informal living areas, separate dining spaces, multiple bedrooms and baths, dedicated laundry, balcony access, and additional storage. The layout supports comfortable residential use while preserving the flexibility expected from a Fan duplex. Meaningful pre-market improvements have already been completed or are underway, including plaster repair, interior and exterior painting, updated lighting, landscaping, pressure washing, and detailed cleaning. One new lease is already in place, while the upper unit offers strong potential for an owner-occupant or an additional rental opportunity. The location is a key part of the value. The property sits in Richmond’s Fan neighborhood with a reported walkability score of 97 out of 100, near neighborhood restaurants, shopping, VCU, museums, and downtown Richmond. 2034 W. Grace Street is a compelling Richmond multifamily opportunity with scale, presence, income potential, and long-term flexibility in a proven city location.

Source: Central Virginia Regional, MLS#: 2615451

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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Susan Pender

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  • Median Age
    26
  • Population Density
    6,858
  • College Educated
    64%
  • Estimated Median Income
    $46,873
  • Estimated Total Home Owners
    4,348
  • Estimated Total Renters
    7,939
  • Owner / Renter Divide
    35% / 65%
  • Estimated Average Household Size
    2
  • Total Population
    34,853
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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  • Skip Templeton
  • RW Towne Mortgage
  • Vice President | Mortgage Loan Officer
  • (757) 287-1902

Want to talk? Contact us here.

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Life at 2034 W Grace Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Central Virginia Regional Price Reduction
$998,900 -6.6%
6/6/2026Source: Central Virginia Regional Added to Database
June 06, 2026
5/28/2026Source: Central Virginia Regional Status Change
Leased
4/22/2026Source: Central Virginia Regional Added to Database
April 22, 2026

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