1209 Wallace Street, Richmond, VA 23220

$671,000 Sold Price
Sold on 12/29/2025
 
Listing ID 11599272
Property Type Multi-Unit (2-4)
County Richmond City
Neighborhood Randolph
School RICHMOND CITY PBLC SCHS
Total Tax $6,384
Tax ID W000-0436-026
FEMA Flood Map fema.gov/portal
Year Built 1920
   
Virtual Tour

Public Auction | Quadplex within Walking Distance to VCU

Fantastic Investment Opportunity Walkable to VCU! Don't miss this renovated 2,496± SF quadplex in the sought-after Wallace Manor neighborhood-just steps from VCU and minutes to Maymont Park, Hollywood Cemetery, and Richmond's best dining, shopping, and entertainment. This property features four 1-bedroom, 1-bathroom units, each offering updates completed in 2025 totaling over $78,000 in renovations. This property presents an incredible opportunity for investors or owner-occupants seeking supplemental rental income. With two units on a month-to-month lease & two units vacant, enjoy strong rental potential in one of Richmond's most desirable locations. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction.
Auction Details
  • Visit Auction Site
  • Location: Online & at 1209 Wallace St, Richmond, VA 23220
  • Starts: Nov 17th 2025 9:00am
  • Ends: Nov 20th 2025 4:00pm
Property Details
  • 4 Total Bedrooms
  • 4 Full Baths
  • 2496 SF (AG)
  • 0.14 Acres
  • Built in 1920
  • Renovated 2025
  • 2 Stories
  • Bungalow Style
Unit Information
Unit #1 – Low-Rise, Gross Area: 619, Bedrooms: 1, Full Baths: 1
Unit #2 – Low-Rise, Gross Area: 619, Bedrooms: 1, Full Baths: 1
Unit #3 – Low-Rise, Gross Area: 619, Rent Price: 475, Bedrooms: 1, Full Baths: 1, Occupied
Unit #4 – Low-Rise, Gross Area: 619, Rent Price: 645, Bedrooms: 1, Full Baths: 1, Occupied
Interior Features
  • Oven/Range
  • Refrigerator
  • Heat Pump
  • Natural Gas Fuel
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Metal Roof
  • Community Water
  • Community Septic
  • Fence
  • Open Porch
  • Subdivision: Wallace Manor
Taxes and Fees
  • $6,384 Total Tax
  • Tax Year 2025
Sale Information
  • Sold on 12/29/2025
  • Sold for $671,000
Previously Listed By
Motley's Auctions, Inc
Office: 804-655-2422
Mobile: 804-335-9994
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