509 West Clay Street

Richmond, VA 23220

$799,950
Price
7
Beds
5
Baths
3,793 Sq. Ft.
$211 / Sq. Ft.
3,793
Sq. Ft.
$211
per Sq. Ft.

Description

Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances,...Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances, spread out over three floors including an english walkout basement plus washer/dryer in the unit. The rear two story unit features 1393sqft with 3 bedrooms, one with a huge walk-in closet, 2 renovated tiled full baths, eat-in kitchen with granite counters, stainless appliances and glassed in breakfast nook, two tier balconies, washer/dryer in the unit plus an expiring lease during peak rental season for immediate income growth. This is a tremendous opportunity to add to an existing portfolio or start a new one, without the need for renovations, in a prime location where demand greatly exceeds supply.
  1. Listed by Will Hamnett • Hamnett Properties
    P: (804) 240-6713 will@willhamnett.com

Property Details for 509 West Clay Street

Architectural Style
Row House
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of Hamnett Properties, Will Hamnett
Add your commute
LISTING UPDATED: 05/11/2024 07:00 AM

Property Details for 509 West Clay Street

StatusActive
MLS #2411953
Days on Market17
Taxes$5,832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1859
Lot Size0.10 AC / 4,573 SF
CountyRichmond city

Location

Listing Courtesy of Hamnett Properties, Will Hamnett
Add your commute

Building Information for 509 West Clay Street

Stories2Residences2Year Built1859Lot Size0.10 AC / 4,573 SF

Payment Calculator

$4,852 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$486

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 509 West Clay Street

Summary
Location and General Information
  • City: Richmond
  • City Region: Jackson Ward
  • County Or Parish: Richmond City
  • Directions: W Clay between Henry St and Belvidere
  • Latitude: 37.54994
  • Longitude: -77.445276
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 3920
  • State Or Province: VA
  • Unparsed Address: 509 W Clay St
  • Zoning Description: R-6
Taxes and HOA Information
  • Parcel Number: N000-0241-006
  • Tax Annual Amount: $5,832.00
  • Tax Assessed Value: $527,000.00
  • Tax Legal Description: 0029.81X0153.40 0000.000
  • Tax Year: 2023
School Information
  • Elementary School: Carver
  • High School: Thomas Jefferson
  • Middle Or Junior School: Dogwood
Parking
  • Garage: No
  • Parking Features: Off Street
  • Garage Parking Features: Off Street
Property
Lot Information
  • Below Grade Finished Area: 740.0
  • Living Area: 3,793.00
  • Lot Size Acres: 0.105
  • Lot Size Area: 0.105
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Townhouse
  • Property Sub Type Additional: Duplex
Property and Assessments
  • Number Of Units Total: 2
  • Type of Property: Residential Income
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1859
  • Year Built Details: Approximate
  • C L I P: 8,756,921,184
  • Development Name: Jackson Ward
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: No
Interior and Exterior Features
Exterior Features
  • Roof: Flat
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Finished, Partial
  • Basement Y N: Yes
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Interior Features: Eatin Kitchen, Granite Counters, High Ceilings, Walk In Closets
  • Levels: Two
  • Patio And Porch Features: Balcony, Front Porch, Side Porch
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Refrigerator,Washer Hookup,Water Heater,Central Air,Heat Pump
  • Unit Type Actual Rent 1: $2,100.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Leased 1: Yes
  • Unit Type Num Full Baths 1: 2
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 1393.0
  • Unit Type Actual Rent Range 1: 2100
Unit 2
  • Unit Type Description 2: Dishwasher,Dryer Hookup,Refrigerator,Washer Hookup,Water Heater,Central Air,Heat Pump
  • Unit Type Actual Rent 2: $2,800.00
  • Unit Type Baths Total 2: 3
  • Unit Type Beds Total 2: 4
  • Unit Type Leased 2: Yes
  • Unit Type Num Full Baths 2: 3
  • Unit Type Num Half Baths 2: 0
  • Unit Type Area 2: 2400.0
  • Unit Type Actual Rent Range 2: 2800
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 509 West Clay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 509 West Clay Street

Taxable ValueLand$111,000Additions$416,000Total$527,000
Tax Record2020$20 ($2 / month)
Home Facts
Baths5Total Finished SqFt3,793 SqFtAbove Grade Finished SqFt3,053 SqFtFinished Basement SqFt740 SqFtStories2Lot Size4,573 SqFtStyleMulti-Family Dwelling (2-4)Year Built1859Year Renovated1941ZoningR-6 SINGLE FACountyRICHMOND CITYAPNN-000-0241-006Fireplace TypeHas Fireplace

Schools near 509 West Clay Street

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George W. Carver Elementary School
PublicPK to 5

Albert Hill Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Open 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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509 West Clay Street is for sale in Richmond, VA 23220. This property was listed for sale on May 8, 2024 by Hamnett Properties, it's currently listed at $799,950. It has been on the market for a total of 17 days and was last sold on December 1, 2015. This listing's school district is Richmond City Public Schools. Nearby schools include George W. Carver Elementary School, Albert Hill Middle School and Thomas Jefferson High School. 509 West Clay Street is a 7-bed, 5-bath, 3,793 sqft built in 1859.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hamnett Properties, Will Hamnett

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.