914 N 4th St · Richmond, VA 23219

$249,950

3 bd · 1.0 ba · 1,334 sqft · Townhouse public records · 38 Days on market

Built 1900 1,128 sqft lot $187/sqft · 19% below area Est $308k · 19% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.8/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• Appreciation +4.8/10.0
• Livability +4.2/5.0
• Schools +3.3/10.0
• 1% rule +3.1/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

Key facts

• 1,128 sq ft lot
• Built 1900
• Listed 38 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $250k.

Deal economics

• At list price, monthly cash flow is $114 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (18.5% below list).
• Recommended offer: $204k (18.5% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.3% in Richmond — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 84/100 on livability (#33 in VA, #793 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime D-.
• Richmond City Public School District (urban): math 32% / reading 47% proficiency, ranked #123 of 131 in VA (top 94%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.8%/yr); 36 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 2,540 units permitted in Richmond city in 2024 (2,077 in 5+ unit buildings).
• This rent runs 42% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $897 of equity ($2k loan paydown + $-831 appreciation (-0.3% local appreciation)).
• Richmond County population projected at +40% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $80k; list at $250k implies a 212% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $203,587 (18.5% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 6.84%
• Cash-on-cash: 1.96%
• DSCR: 1.09
• GRM: 10.2

CMA / ARV

• ARV (median comp): $308,353
• List price: $249,950
• Delta: -18.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
101 W Marshall St Unit U46	0.56mi	2/2.0 (-1)	1,349 (+1%)	4mo	$455,000	$337	60
230 N 6th St Unit U413	0.57mi	2/2.0 (-1)	1,202 (-10%)	1mo	$400,000	$333	47
6 N 6th St Unit U2B	0.73mi	2/2.0 (-1)	1,239 (-7%)	9mo	$300,000	$242	38
110 W Marshall St Unit U44	0.55mi	2/2.0 (-1)	1,146 (-14%)	18mo	$300,000	$262	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.33% appreciation · 1.84% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.91×
• Total profit: $-6,364
• Equity at exit: $68,452

10-year hold

• IRR: 3.2%
• Equity multiple: 1.32×
• Total profit: $22,444
• Equity at exit: $79,059

Cash invested: $69,986 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 23219

• Home prices YoY: -0.1%
• Rents YoY: 1.8%
• Active inventory: 36
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,036 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$79 /mo · $948/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $114

Break-even live

Break-even rent $1,891

Max offer price $249,950

Occupancy floor 89%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,488
• Closing costs: $7,498
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
724 N 1st St Richmond, VA	3.0	2.5	1704	$3,000	$1.76	43d	1	0.22mi
113 E Leigh St Richmond, VA	3.0	2.0	1206	$2,099	$1.74	43d	1	0.32mi
112 E Clay St Unit 3C Richmond, VA	2.0	1.5	1148	$1,700	$1.48	16d	1	0.38mi
220 E Marshall St Apt 34 Richmond, VA	2.0	2.0	914	$1,650	$1.81	1d	1	0.44mi
312 E Broad St Richmond, VA	1.0–2.0	1.0–2.0	935	$1,999	$2.14	1d	1	0.51mi
326 E Broad St Richmond, VA	1.0–3.0	1.0–2.0	925	$2,199	$2.38	2d	4	0.51mi
403 Fritz St Richmond, VA	2.0	1.0	1000	$1,595	$1.59	43d	1	0.56mi
213 E Broad St Richmond, VA	1.0–2.0	1.0–2.0	854	$1,389	$1.63	4d	2	0.56mi
123 E Broad St Unit 2D Richmond, VA	2.0	2.0	1093	$1,895	$1.73	43d	1	0.57mi
230 N 6th St Richmond, VA	1.0–2.0	1.0–2.0	982	$2,496	$2.54	1d	8	0.58mi
207 Welford St Richmond, VA	3.0	1.5	1348	$1,850	$1.37	23d	1	0.59mi
219 E Broad St Richmond, VA	2.0	1.0–2.0	716	$2,063	$2.88	3d	14	0.59mi
108 E Grace St Richmond, VA	1.0–2.0	1.0–2.0	799	$1,585	$1.98	15d	7	0.60mi
1801 Monteiro Ave Unit 1 Richmond, VA	2.0	2.0	1500	$1,550	$1.03	4d	1	0.61mi
200 Minor St Unit A Richmond, VA	3.0	1.0	1100	$1,295	$1.18	23d	1	0.66mi
412 W Marshall St Richmond, VA	3.0	2.0	1650	$2,375	$1.44	14d	1	0.67mi
1601 Roane St Richmond, VA	1.0–3.0	1.0–2.5	914	$2,100	$2.30	1d	28	0.68mi
1910 North Ave Richmond, VA	3.0	1.0	1010	$1,595	$1.58	10d	1	0.71mi
6 N 6th St Unit 3E Richmond, VA	2.0	2.0	989	$2,100	$2.12	2d	1	0.74mi
6 N 6th St Richmond, VA	2.0	2.0	1123	$1,948	$1.73	15d	2	0.74mi
800 Catherine St Richmond, VA	4.0	2.5	1251	$2,062	$1.65	43d	1	0.76mi
507 E Main St Richmond, VA	2.0	1.0–2.0	769	$2,199	$2.86	2d	2	0.77mi
800 W Clay St Unit A Richmond, VA	2.0	1.0	1475	$1,650	$1.12	43d	1	0.78mi
804 W Clay St Unit 2 Richmond, VA	3.0	1.0	1200	$2,250	$1.88	16d	1	0.78mi
1806 Sussex St Richmond, VA	4.0	2.0	1197	$2,500	$2.09	43d	1	0.82mi
4 W Cary St Richmond, VA	3.0	3.0	1618	$2,775	$1.72	4d	1	0.85mi
823 E Main St Richmond, VA	3.0	1.0–2.5	1178	$2,687	$2.28	1d	14	0.86mi
515 W Franklin St Unit 4-0105 Richmond, VA	2.0	2.0	1400	$2,566	$1.83	43d	1	0.88mi
515 W Franklin St Unit 4-0201 Richmond, VA	2.0	2.0	1127	$2,114	$1.88	43d	1	0.88mi
515 W Franklin St Unit 4-0602 Richmond, VA	2.0	2.0	982	$2,009	$2.05	23d	1	0.88mi
515 W Franklin St Unit 4-0608 Richmond, VA	2.0	2.0	1180	$2,331	$1.98	4d	1	0.88mi
106 S Foushee St Unit 307 Richmond, VA	2.0	1.0	899	$1,421	$1.58	43d	1	0.88mi
900 W Marshall St Richmond, VA	2.0	1.0	856	$1,572	$1.84	3d	6	0.89mi
119 S 1st St Richmond, VA	1.0–3.0	1.0–3.0	839	$2,519	$3.00	14d	7	0.90mi
302 Goshen St Ste 100 Richmond, VA	2.0	2.0	1000	$1,595	$1.59	2d	1	0.90mi
302 Goshen St Ste 100 Richmond, VA	2.0	2.0	1000	$1,595	$1.59	23d	1	0.90mi
1104 W Marshall St Richmond, VA	2.0	1.0	894	$800	$0.89	23d	1	0.98mi
1313 E Main St Richmond, VA	1.0–2.0	1.0–2.0	752	$1,939	$2.58	1d	5	0.99mi
500 N 18th St Richmond, VA	1.0–2.0	1.0–2.0	737	$1,837	$2.49	1d	11	1.00mi
703 N Harrison St Richmond, VA	1.0–2.0	1.0–2.0	743	$1,550	$2.09	11d	5	1.00mi

Listing history 47 events

1. 2026-05-03
   status Pending 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

2. 2026-04-19
   price $249,950 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

3. 2026-04-07
   status Active 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

4. 2026-04-01
   status Pending 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

5. 2026-03-23
   status Active 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

6. 2026-03-13
   listed $254,950 Active 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

7. 2026-02-13
   historical $254,950 1288-char remark

   Show marketing remark (1288 chars)

   A unique opportunity in the vibrant Historic Jackson Ward community! This beautifully renovated home offers an open-concept floor plan and thoughtful design throughout, including two primary suites, each with walk-in closets and private full baths. This "Smart" home is equipped with a surround sound and security system. An excellent opportunity for investors—ideal for VCU students, traveling nurses, or anyone seeking modern comfort in a prime location. The main level features 9' ceilings, abundant natural light, LED recessed lighting, fresh paint, LVP flooring, and a convenient half bath. The gorgeous entertainer’s kitchen includes white cabinetry, granite countertops, a breakfast bar, stainless steel appliances (all convey), and a wine chiller. Upstairs, you’ll find two spacious en-suite bedrooms, each offering walk-in closets, stylish bathrooms with walk-in showers, and ceiling fans for added comfort. Additional highlights include: Privacy-fenced rear yard, Covered front porch, Quiet 3-home cul-de-sac with no through traffic, Newer HVAC, Vinyl siding & replacement windows, 30-year dimensional roof. Located in a area with ongoing redevelopment, this home blends historic charm with modern convenience—ready for its next owner.

8. 2023-09-01
   status Active
9. 2023-08-09
   historical
10. 2023-08-04
    status Pending
11. 2023-07-31
    price $240,000
12. 2023-07-18
    price $249,000
13. 2023-07-11
    price $255,000
14. 2023-06-19
    price $259,000
15. 2023-06-01
    price $269,000
16. 2023-05-22
    status Active
17. 2023-05-09
    status Pending
18. 2023-04-30
    price $275,000
19. 2023-04-22
    price $279,950
20. 2023-04-08
    listed $285,000 Active
21. 2022-07-07
    historical
22. 2022-05-27
    price $264,950
23. 2022-05-05
    listed $274,950 Active
24. 2022-04-13
    price $274,000
25. 2022-04-03
    price $274,950
26. 2022-03-23
    price $280,000
27. 2022-03-17
    status Active
28. 2022-03-04
    status Active
29. 2022-02-26
    price $285,000
30. 2022-02-17
    listed $290,000 Active
31. 2022-01-11
    status Pending
32. 2021-12-22
    status Active
33. 2021-12-22
    price $295,950
34. 2021-11-30
    listed $300,000 Active
35. 2020-12-18
    soldstatus $80,000 Closed
36. 2020-09-25
    status Pending
37. 2020-09-22
    status Active
38. 2020-09-18
    status Pending
39. 2020-08-30
    status Active
40. 2020-08-25
    status Pending
41. 2020-08-21
    listed $97,000 Active
42. 2020-06-25
    historical
43. 2020-06-15
    status Active
44. 2020-05-23
    historical Hold
45. 2020-05-17
    listed $135,000 Active
46. 2017-06-12
    historical
47. 2017-06-02
    listed $89,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $948 · $79/mo
• Projected year-2 tax: $2,050 · $171/mo
• Expected delta: +$1,102/yr (+$92/mo · 116.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,430
• − Mortgage interest: −$14,001
• − Property taxes: −$948
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,954
• − Management: −$1,954
• − Depreciation: −$7,271
• Taxable loss: −$2,949
• Est. tax savings @ 24.0%: +$708
• After-tax cash flow: $2,081/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Richmond City Public School District
• NCES district ID: 5103240
• Math proficiency: 32% ▼ -24.00%
• Reading proficiency: 47% ▼ -9.00%
• Median HH income: $40,276
• Composite: 33.09/100
• National rank: #5564
• State rank: #123 of 131 in VA

Livability — Richmond

• Score: 84/100
• State rank: #33
• US rank: #793

Category grades

Amenities A+ Commute A+ Cost of living B- Crime D- Employment C Housing A- Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Richmond, VA
• County: Richmond City · 178,280 people
• City population: 287,109
• Metro: Richmond, VA
• Population (ZIP): 4,062
• Household income: $57,507
• Rent vs Own: 91.5% rent · 8.5% own
• Severe rent burden: 719.0

Population outlook (Richmond County) Hauer SSP2

• Today (2025): 262,263 people
• By 2030: 284,503 · +8.5%
• By 2040: 327,353 · +24.8%
• By 2050: 367,946 · +40.3%
• By 2075: 449,560 · +71.4%
• By 2100: 500,301 · +90.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 55% Black 30% Two or more races 8% Hispanic / Latino 5% Asian 4%
• Common ancestry: Italian 4% Romanian 4% Slovak 3%
• Foreign-born: 10% · China
• Languages at home: 87% English-only · Spanish 5% Arabic 2% Other Indo-European 1%

Political lean MEDSL · Richmond

• 2024 margin: Solid D (+66.3) · D 82.0% · R 15.8% · Other 2.2%
• 2008→2024 swing: +7.2pp toward D · 2008: 59.1pp · 2024: 66.3pp
• All cycles: 2024: D+66.3 2020: D+68.0 2016: D+63.8 2012: D+55.7 2008: D+59.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.33%
• Current HPI: 369.7624
• Rent YoY: ▲ 1.84%
• Metro: Richmond, VA
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+178.0% since first listed

47 events — show timeline

• 2026-05-03 Pending — CVRMLS
• 2026-04-19 Price Changed $249,950 CVRMLS
• 2026-04-07 Relisted — CVRMLS
• 2026-04-01 Pending — CVRMLS
• 2026-03-23 Relisted — CVRMLS
• 2026-03-13 Listed $254,950 CVRMLS
• 2026-02-13 Coming Soon $254,950 CVRMLS
• 2023-09-01 Relisted — CVRMLS
• 2023-08-09 Listing Removed — CVRMLS
• 2023-08-04 Pending — CVRMLS
• 2023-07-31 Price Changed $240,000 CVRMLS
• 2023-07-18 Price Changed $249,000 CVRMLS
• 2023-07-11 Price Changed $255,000 CVRMLS
• 2023-06-19 Price Changed $259,000 CVRMLS
• 2023-06-01 Price Changed $269,000 CVRMLS
• 2023-05-22 Relisted — CVRMLS
• 2023-05-09 Pending — CVRMLS
• 2023-04-30 Price Changed $275,000 CVRMLS
• 2023-04-22 Price Changed $279,950 CVRMLS
• 2023-04-08 Listed $285,000 CVRMLS
• 2022-07-07 Listing Removed — CVRMLS
• 2022-05-27 Price Changed $264,950 CVRMLS
• 2022-05-05 Listed $274,950 CVRMLS
• 2022-04-13 Price Changed $274,000 CVRMLS
• 2022-04-03 Price Changed $274,950 CVRMLS
• 2022-03-23 Price Changed $280,000 CVRMLS
• 2022-03-17 Relisted — CVRMLS
• 2022-03-04 Relisted — CVRMLS
• 2022-02-26 Price Changed $285,000 CVRMLS
• 2022-02-17 Listed $290,000 CVRMLS
• 2022-01-11 Pending — CVRMLS
• 2021-12-22 Relisted — CVRMLS
• 2021-12-22 Price Changed $295,950 CVRMLS
• 2021-11-30 Listed $300,000 CVRMLS
• 2020-12-18 Sold (MLS) $80,000 CVRMLS
• 2020-09-25 Pending — CVRMLS
• 2020-09-22 Relisted — CVRMLS
• 2020-09-18 Pending — CVRMLS
• 2020-08-30 Relisted — CVRMLS
• 2020-08-25 Pending — CVRMLS
• 2020-08-21 Listed $97,000 CVRMLS
• 2020-06-25 Listing Removed — CVRMLS
• 2020-06-15 Relisted — CVRMLS
• 2020-05-23 Delisted — CVRMLS
• 2020-05-17 Listed $135,000 CVRMLS
• 2017-06-12 Listing Removed — CVRMLS
• 2017-06-02 Listed $89,900 CVRMLS

Property tax history

-0.0%/yr

Latest (2022): $948 · +256.5% YoY. Source: county tax records.