115 S Arthur Ashe Blvd

Richmond, VA 23220

$980,000
Last Sold Price
4
Beds
3,200 Sq. Ft.
$306 / Sq. Ft.
3,200
Sq. Ft.
$306
per Sq. Ft.
Closed 10/22/25
Closed 10/22/25
front view of a house with a tree
a balcony with chairs and table
a living room with furniture and a fireplace
a view of storage and utility room with washer and dryer
a living room with furniture and a large window
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a kitchen with a refrigerator and countertop
a bedroom with a bed and a fireplace
a bathroom with a sink and toilet
a view of room with window and wooden floor
a work room with furniture a rug and a window
a view of kitchen and kitchen with stainless steel appliances
a bathroom with a sink and a mirror
a kitchen with stainless steel appliances granite countertop a stove refrigerator and cabinets
a view of a hallway with windows
a kitchen with a stove and a sink
a view of a livingroom with workspace and a window
a view of a room with gym equipment
a view of outdoor space and seating area
a front view of a house with a porch

Description

Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring modern kitchens, stylish bathrooms, and well-maintained original details. The location is unbeatable—just...Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring modern kitchens, stylish bathrooms, and well-maintained original details. The location is unbeatable—just steps from Carytown, VMFA, breweries, top-rated restaurants, and boutique shopping. With strong rental demand in this area, proximity to VCU, downtown, and major highways, this property is ideal for generating consistent rental income while benefiting from long-term appreciation! Reach out and schedule your showing today!

Property Details for 115 South Arthur Ashe Boulevard

Architectural Style
Two Story
Subdivision Name
None
Waterfront
No
LISTING UPDATED: 10/23/2025 11:29 AM

Property Details for 115 South Arthur Ashe Boulevard

StatusClosed
MLS #2505190
Days on Market148
Taxes$9,396 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1913
Lot Size0.09 AC / 3,720 SF
CountyRichmond Independent City

Location

Sold By NON MLS OFFICE, NON MLS USER MLS

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Building Information for 115 South Arthur Ashe Boulevard

Stories2Residences4Year Built1913Building Size-Lot Size0.09 AC / 3,720 SF

Payment Calculator

$5,626 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,843

Property Taxes

$783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 South Arthur Ashe Boulevard

Summary
Location and General Information
  • City: Richmond
  • City Region: Central / The Fan
  • County Or Parish: Richmond City
  • Latitude: 37.550764
  • Longitude: -77.476253
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 5724
  • State Or Province: VA
  • Unparsed Address: 115 S Arthur Ashe Blvd
  • Zoning Description: R-48
Taxes and HOA Information
  • Parcel Number: W000-1200-016
  • Tax Annual Amount: $9,396.00
  • Tax Assessed Value: $783,000.00
  • Tax Legal Description: 0030.00X0124.00 0000.000
  • Tax Year: 2024
School Information
  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson
  • Middle Or Junior School: Albert Hill
Parking
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Garage, Off Street
  • Garage Parking Features: Detached, Garage, Off Street
Property
Lot Information
  • Living Area: 3,200.00
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.0854
  • Lot Size Area: 0.0854
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Quadruplex
Property and Assessments
  • Number Of Units Total: 4
  • Type of Property: Residential Income
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1913
  • Year Built Details: Actual
  • CLIP: 4,195,684,354
  • Development Name: Central / The Fan
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Roof: Metal, Slate
Interior Features
  • Basement: Full, Unfinished
  • Basement: Yes
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
  • Patio And Porch Features: Rear Porch, Front Porch
Multi Family
Unit 1
  • Unit Type Description 1: Electric Meter,Individual Wall Unit
  • Unit Type Actual Rent 1: $1,000.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Leased 1: Yes
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 800.0
  • Unit Type Actual Rent Range 1: 1000
Unit 2
  • Unit Type Description 2: Electric Meter,Individual Wall Unit
  • Unit Type Actual Rent 2: $1,450.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Leased 2: Yes
  • Unit Type Num Full Baths 2: 1
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 800.0
  • Unit Type Actual Rent Range 2: 1450
Unit 3
  • Unit Type Description 3: Electric Meter,Individual Wall Unit
  • Unit Type Actual Rent 3: $1,150.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Leased 3: Yes
  • Unit Type Num Full Baths 3: 1
  • Unit Type Num Half Baths 3: 0
  • Unit Type Area 3: 800.0
  • Unit Type Actual Rent Range 3: 1150
Unit 4
  • Unit Type Description 4: Electric Meter,Individual Wall Unit
  • Unit Type Actual Rent 4: $1,440.00
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Leased 4: Yes
  • Unit Type Num Full Baths 4: 1
  • Unit Type Num Half Baths 4: 0
  • Unit Type Area 4: 800.0
  • Unit Type Actual Rent Range 4: 1440
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot

Property History for 115 South Arthur Ashe Boulevard

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Sold

CVRMLS #2505190

$980,000—
Jul 28, 2025

Pending

CVRMLS #2505190

—
Mar 3, 2025

Listed (Active)

CVRMLS #2505190

$980,000—
Mar 1, 2025

Expired

CVRMLS #2429243

—
Nov 5, 2024

Listed (Active)

CVRMLS #2429243

$980,000—
Jul 31, 2022

Sold

CVRMLS #2213448

$800,000—
Jul 22, 2022

Sold (Public Record)

Public Record #1495591451

$800,000

+10.4% / yr

Jun 8, 2022

Pending

CVRMLS #2213448

—
May 17, 2022

Listed (Active)

CVRMLS #2213448

$825,000—
Jul 29, 2021

Sold

CVRMLS #2118940

$725,000—
Jul 22, 2021

Sold (Public Record)

Public Record #1468902049

$725,000—
Jun 29, 2021

Pending

CVRMLS #2118940

—
Jun 23, 2021

Listed (Active)

CVRMLS #2118940

$699,000—
Mar 31, 2003

Sold

CVRMLS #2301277

$330,000—
Jan 14, 2003

Listed (Active)

CVRMLS #2301277

$339,950—
DateEvent & SourcePrice
10/22/2025

Sold

CVRMLS #2505190

$980,000
07/28/2025

Pending

CVRMLS #2505190

—
03/03/2025

Listed (Active)

CVRMLS #2505190

$980,000
03/01/2025

Expired

CVRMLS #2429243

—
11/05/2024

Listed (Active)

CVRMLS #2429243

$980,000
07/31/2022

Sold

CVRMLS #2213448

$800,000
07/22/2022

Sold (Public Record)

Public Record #1495591451

$800,000

+10.4% / yr

06/08/2022

Pending

CVRMLS #2213448

—
05/17/2022

Listed (Active)

CVRMLS #2213448

$825,000
07/29/2021

Sold

CVRMLS #2118940

$725,000
07/22/2021

Sold (Public Record)

Public Record #1468902049

$725,000
06/29/2021

Pending

CVRMLS #2118940

—
06/23/2021

Listed (Active)

CVRMLS #2118940

$699,000
03/31/2003

Sold

CVRMLS #2301277

$330,000
01/14/2003

Listed (Active)

CVRMLS #2301277

$339,950

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 South Arthur Ashe Boulevard

Taxable ValueLand$220,000Additions$599,000Total$819,000
Tax Record2025$9,828 ($819 / month)
Home Facts
Baths4Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size3,720 SqFtStyleMulti-Family Dwelling (2-4)Year Built1913Year Renovated1965ZoningR-48 MULTI FACountyRICHMOND CITYAPNW-000-1200-016Fireplace TypeHas Fireplace

Schools near 115 South Arthur Ashe Boulevard

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
John B. Cary Elementary School
Public - PK to 5
Albert Hill Middle School
Public - 6 to 8
Open High School
Public - 9 to 12
Thomas Jefferson High School
Public - 9 to 12
Rating
School
Distance
John B. Cary Elementary School
PublicPK to 5

Albert Hill Middle School
Public6 to 8

Open High School
Public9 to 12

Thomas Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.