3018 Park Ave, Richmond, VA 23221
SOLDMAR 27, 2024

3018 Park Ave
Richmond, VA 23221

The Museum District
  • 4 Beds
  • 4 Baths
  • 2,806 sqft
  • 4 Beds
  • 4 Baths
  • 2,806 sqft

$875,000

Last Sold: Mar 27, 2024
13% over list $775K
$312/sqft
Est. Refi. Payment $5,376/mo*

Homes for Sale Near 3018 Park Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 27, 2024
Rare Museum District Quad available for sale. Currently rented as mid-term furnished rentals with an annual gross income in excess of $110,000. Each unit makes, on average, approximately $2350/month. Discover a rare opportunity to own a prestigious multi-unit property in the Museum District, blending historical charm with modern amenities. Nestled in this coveted location renowned for its cultural richness, the property features multiple meticulously designed units, each furnished with tasteful décor and high-quality furnishings. Embrace the allure of history while enjoying move-in readiness and an inviting atmosphere.The neighborhood boasts an array of dining options and recreational activities, ensuring a rich and fulfilling lifestyle. Investors will appreciate the income potential from multiple units, catering to both short-term and long-term leasing options. With strong demand for housing in the area, this property offers excellent rental income potential and appreciation opportunities. This property epitomizes convenience, and timeless appeal in one of the city's most desirable neighborhoods. Schedule a viewing today to envision the possibilities awaiting you in this unique property.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$312/sqft
Listed
38 days ago

Home Details for 3018 Park Ave

Interior Features

Interior Details
Basement: Crawl Space
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2806 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: Built Up
Parking & Garage
No GarageParking: Alley Access
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Other
Building
Construction Materials: Brick
Property Information
Parcel Number: W0001368030

Price & Status

Price
List Price: $775,000Price Per Sqft: $312/sqft
Status Change & Dates
Off Market Date: Fri Feb 23 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: RichmondCommunity: None
School Information
Elementary School: FoxJr High / Middle School: Albert HillHigh School: Thomas Jefferson

HOA

Association for this Listing: Central Virginia Regional MLS

Lot Information

Lot Area: 3750.516 sqft

Compensation

Buyer Agency Commission: 2.00Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Individuals

Miscellaneous

Mls Number: 2403513Living Area Range Units: Square Feet
Last check for updates: about 24 hours ago
Listed by Sean Pierce, (804) 396-2724
GO Real Estate Inc
Bought with: Sean Pierce, (804) 396-2724, GO Real Estate Inc
Originating MLS: Central Virginia Regional MLS
Source: CVRMLS, MLS#2403513

Price History for 3018 Park Ave

DatePriceEventSource
03/27/2024$875,000Sold
CVRMLS #2403513
02/23/2024$775,000PendingCVRMLS #2403513
02/16/2024$775,000Listed For SaleCVRMLS #2403513
02/17/2016$249,000ListingRemovedAgent Provided
02/15/2016$249,000Listed For SaleAgent Provided
09/18/2012$231,060Sold
CVRMLS #1214067

Property Taxes and Assessment

Year2023
Tax$6,708
Assessment$559,000
Home facts updated by county records

Comparable Sales for 3018 Park Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.59
Multi-Family Home
$780,000
04/12/24
6
4
2,512
0.62
Multi-Family Home
$650,000
02/12/24
4
3
2,384
0.59
Multi-Family Home
$720,000
01/12/24
4
2
3,260
0.82
Multi-Family Home
$640,000
03/29/24
4
4
3,420
0.12
Multi-Family Home
$650,000
10/24/23
5
3
3,133
0.70
Multi-Family Home
$630,000
04/05/24
5
3
2,542
0.92
Multi-Family Home
$590,000
03/29/24
4
4
2,438
1.07
Multi-Family Home
$800,000
11/30/23
5
4
3,342

Assigned Schools

These are the assigned schools for 3018 Park Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Museum District

  • Chelsea Calhoun
    "Fabulous neighborhood. We love it here. Highly recommend to anyone considering making the move. Family and pet friendly! "
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  • Chelsea Calhoun
    "Easy access to all major highways. A lot of pedestrians but we absolutely love the walkability of this neighborhood. "
    0
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  • Artphdschool
    "Love the museum district!!!!!!!!!!! Great restaurants, events, neighborhood for everything & everyone!"
    1
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  • Artphdschool
    "It’s very quiet, safe, and the Virginia Museum of Art is in walking distance. There are multiple yummy restaurants in walking distance as well. I love the Museum Disyrict! "
    3
    Flag
  • Artphdschool
    "The Virginia Museum of Fine Arts is central to the neighborhood and offers multiple events through the year as well as the public grounds host outdoor yoga, art shows that dazzle and musical entertainment as well. "
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  • Vincentowebb
    "It is a diverse neighborhood but becoming less so.Rent goes up.Wages do not.Old buildings of character get emptied and turned into condos for for business types,spoiled children in a sea of khakis.I love this town. It’s where the different could come and find each other. That which made this town appealing for the leisure class has priced out the artists and misfits that created it"
    22
    Flag
  • Angelarprado
    "I’ve lived here for a couple years and feel very safe walking day or night. People are friendly and we have the best little corner market."
    3
    Flag
  • Lorna R.
    "Bar crawls and hangouts in the median. But pretty quite. But walking distance to Irish festival and other events put on by the city. It’s usually quiet, which is actually the nicest part of living in the museum district. There are also a lot of great pros in the surrounding area that are easy to get. "
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  • Alison B.
    "I work from home and I have a car, so I don’t know how a commute would be. When I do have to drive downtown it only takes about 10-15 min"
    2
    Flag
  • Tori B.
    "Great side walks for waking, lots of grassy areas for potty breaks. Always see people walking their dogs at all times of the day."
    1
    Flag
  • Haley F.
    "Very homey, historical, and friendly! I just moved here and it was an easy transition into the city living in the museum district. The area feels safe, with enough historical quirks to make it unique. "
    2
    Flag
  • Frerhas
    "A good quiet place, it looks very safe and convenient to stores and restaurants. The people here are nice. "
    1
    Flag
  • Anne P.
    "It's a really pretty neighborhood to go for walks in. A lot of nearby restaurants also have patios you can sit at with your dog."
    0
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  • Kathryn W.
    "Unique Richmond Fan District architecture, extraordinary walkability to all the culture & convenience you could need, quiet for being in the center of a city, and very green."
    3
    Flag
  • knitfitt
    "I moved to the Museum District in order to downsize and age in place without the necessity of owning a car. The neighborhood is almost perfect for my needs. The uneven and broken sidewalks require extra caution for those with mobility issues and places to sit and rest are few and far between. "
    4
    Flag
  • Hckreiner
    "The streets are really walkable. It can be a tiny bit loud on the weekends but it really is a lovely place to live."
    0
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  • Brandi C.
    "Walking distance to many places. Cheap rent. Pet friendly. Friendly people as well. Close to the interstate."
    0
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  • Sean L. C.
    "Great access to downtown expressway, 64 and I 95 two blocks away! Walk to your neighborhood dry cleaner, one block away. Close to all that Carytown has to offer. The Museum District has all the great walkability, architecture and amenities of The Fan without the inflated prices. Great neighbors, a strong community association and a wide variety of housing stock make it a perfect place to call home."
    2
    Flag
  • Michael D.
    "Great area to live. Fun area to walk. One of the best neighborhoods in Richmond."
    0
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LGBTQ Local Legal Protections

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3018 Park Ave

Off Market Homes Near 3018 Park Ave

3018 Park Ave, Richmond, VA 23221 is a 4 bedroom, 4 bathroom, 2,806 sqft multi-family built in 1959. 3018 Park Ave is located in The Museum District, Richmond. This property is not currently available for sale. 3018 Park Ave was last sold on Mar 27, 2024 for $875,000 (13% higher than the asking price of $775,000). The current Trulia Estimate for 3018 Park Ave is $795,900.