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2218/2220 M Street, Richmond, VA 23223

$749,000
  • 2218/2220 M Street, Richmond, VA 23223 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,943 MLS#2618857
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEast End

Property Description

Located at 2218-2220 M Street in the heart of Richmond's highly desirable Church Hill neighborhood, this fully renovated side-by-side duplex presents a rare opportunity to acquire a turnkey investment in one of the City's strongest rental and resale markets. Encompassing approximately 2,943 square feet, the property features an attractive unit mix of one 2-bedroom, 2-bathroom residence and one 3-bedroom, 1.5-bathroom residence, both renovated to an exceptional standard back in 2022 with quality finishes and modern systems. Investors will appreciate the property's strong in-place rental potential, while its oversized lot offers additional value through future expansion, accessory dwelling units, or potential redevelopment, subject to applicable approvals. The layout also presents a unique opportunity to subdivide and ultimately reintroduce the residences to the market as individual for-sale homes, creating multiple avenues for future appreciation and exit strategies. Positioned just steps from the vibrant intersection of 25th and M Streets, the property enjoys one of Church Hill's most walkable and sought-after locations. Residents are within easy walking distance of neighborhood favorites including Sub Rosa Bakery, Union Market, Metzger, Kahlo's Taqueria, and Fat Rabbit, while remaining just minutes from downtown Richmond, the MCV campus, and convenient I-95 and I-64 access. Whether purchased as a long-term hold, value-add investment, or future condominium or single-family conversion opportunity, 2218-2220 M Street offers a compelling combination of quality renovations, outstanding location, and long-term upside that is increasingly difficult to find in Richmond's historic urban neighborhoods.

2218/2220 M Street | MLS# 2618857

This multi-family property located at 2218/2220 M Street, Richmond, VA 23223 is currently listed for sale with an asking price of $749,000. Search Richmond real estate on www.joynerfineproperties.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Colonial, Row House, Two Story
Lot Size: 0.07 Acres
Roof Type: Composition, Flat
Stories: 2.0
Taxes: $6,984
Year Built: 1910

Feature Descriptions

Days on Site: 1
Exterior: Frame, HardiPlank Type, Wood Siding
Parcel#: E000-0331-053
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Armstrong
Middle School: Martin Luther King Jr.
Elementary School: Bellevue

Listed By / Shown By

Listed By

Agency Name: One South Commercial LLC

Shown By

Agency Title: Joyner Fine Properties
Agency Phone: 804-270-9440

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Estimate Your Payment

Estimated Payment

$ 4,587.81 per month $3,787.35 Principal & Interest $582.00 Property Tax $218.46 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
Virginia Credit Union. Find out exactly how much home you can afford. Please contact: LAURA STEVENS. Office: 804-967-2450, Cell: 804-218-7876, Fax: 804-477-1442, laura.stevens@vacu.org, NMLS: 189613

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