16 E Main St, Richmond, VA 23219
OFF MARKET

16 E Main St
Richmond, VA 23219

Monroe Ward
  • Studio
  • 3,202 sqft

$676,000

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $4,108/mo*
Refinance Your Home

$676,000

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $4,108/mo*
Refinance Your Home
Studio
3,202 sqft

Home Value

Trulia Estimate
$676K
Since last month
Decreased$13K (-1.8%)
Since last year
Decreased$25K (-3.6%)
Since last sale
Increased$566K (+514.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +35% in the last 10 years
MonthEstimated value
2026
August 2026$676K
July 2026$663K
June 2026$689K
May 2026$706K
April 2026$694K
March 2026$693K
February 2026$682K
January 2026$669K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
615 Idlewood Ave, Richmond, VA
0.36
Multi-Family Home
$350,000
04/15/26
-
2,663
218 W Main St, Richmond, VA
0.21
Multi-Family Home
$575,000
06/05/26
4
2
2,494
409 N Madison St, Richmond, VA
0.39
Multi-Family Home
$480,000
08/28/25
3
2
2,382
215 W Clay St, Richmond, VA
0.41
Multi-Family Home
$876,000
05/13/26
-
3,822
525 W 1st St, Richmond, VA
0.43
Multi-Family Home
$587,000
04/30/26
3
2.5
2,426
714 W Clay St, Richmond, VA
0.61
Multi-Family Home
$305,000
08/21/25
5
2
2,560
308 W Marshall St, Richmond, VA
0.39
Multi-Family Home
$649,950
04/30/26
4
3
2,940
326 W Cherry St, Richmond, VA
0.54
Multi-Family Home
$472,500
09/26/25
3
3
1,484
230 N 6th St #U426, Richmond, VA
0.35
Multi-Family Home
$245,000
04/01/26
1
1
647
801 W Clay St, Richmond, VA
0.62
Multi-Family Home
$850,000
07/01/26
2.5
2,708

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1 E Main St, Richmond, VA 23219
0.04
$774,900
3
3.5
2,350
Recently Sold
11 E Main St, Richmond, VA 23219
0.03
$730,000
3
3.5
2,350
Recently Sold
5 E Main St #14, Richmond, VA 23219
0.04
$713,000
3
3.5
2,350
Off Market
9 E Main St, Richmond, VA 23219
0.03
$799,500
3
3.5
2,350
Off Market
9 E Main St #16, Richmond, VA 23220
0.04
$799,500
3
3.5
2,350
Off Market
Rowland, Richmond, VA 23219
0.04
$829,900+
4
3.5
3,033
-
1 W Main St, Richmond, VA 23220
0.07
$2,763,300
6
5.5
11,454
Off Market
210 E Franklin St #UC, Richmond, VA 23219
0.11
$742,200
4
2.5
2,688
Off Market
212 E Clay St #U4D, Richmond, VA 23219
0.15
$337,600
2
2
1,116
Off Market
212 E Clay St #U2D, Richmond, VA 23219
0.15
$349,900
2
2
1,119
Off Market
206 W Franklin St, Richmond, VA 23220
0.20
$332,200
1
1.5
1,264
Off Market
212 W Franklin St #U203, Richmond, VA 23220
0.21
$204,000
1
1
552
Recently Sold

Local Information

  • Map ViewExplore the area around 16 E Main St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
3,202 sqft
Price/Sqft
$211

About this House

Special annual City tax credit for the next eight years, producing a huge tax savings for the purchaser. At current rents, this property produces a positive monthly cashflow of about six hundered/a month. If purchased as an owner-occupant, it would be around seven fifty cashflow/a month Completely restored Historic brick building in the heart of Richmond's Monroe Ward Financial District.
16 E Main St, Richmond, VA 23219 is a studio, 3,202 sqft multi-family in Monroe Ward, built in 1920. It last sold for $110,000 on Feb 6, 2003. It is currently off market. The Trulia Estimate is $676,000, with a rent estimate of $2,140/month.

Home Details for 16 E Main St

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 3

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 1655 sqft

Price and Tax history

DateEventPrice
Feb 6, 2003
Source: N/A
Sold
$110,000
Feb 27, 1998
Source: N/A
Sold
$60,000

Market trends in Richmond

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$395K
$19.67KMoM
Sale-to-List Price
100.5%
Price per sq ft
$248
$7MoM
Available listings
688
17MoM
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Around this home

Neighborhood Overview

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

What Locals Say about Monroe Ward

  • Trulia User
    "there are buses everywhere there is traffic in the traffic times there is parking but you have to pay in see areas "
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  • Hblantonpohl
    "Not tons of green space but is dog friendly. Close to the river and Monroe Park for folks to walk to easily. Some owners don’t clean up but there are plenty of trash cans for waste. "
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  • Chanel G.
    "This is a college area full of undergraduate students. Not suitable for kids. I have lived here for three years and I have not seen a school bus come down my street at all"
    1
    Flag
  • Caseyk785
    "The people that live in the city are very passionate about their community & sticking together and coming together to help one another out. "
    1
    Flag
  • Natasha D. A.
    "I walk to and from both VCU campuses but I am also close to the GRTC Pulse system (which helps when I don't want to walk)."
    0
    Flag
  • Crystal
    "We have merchants, vendors and artists displays on the First Friday of every month AKA "First Fridays". The Christmas Parade can be viewed comfortably from my living room windows. It's the heart of the Arts District! "
    1
    Flag
  • Pamrunac
    "I love the convenience of city living and all the restaurants and activities in the area all year round."
    3
    Flag

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Homes for sale near 16 E Main St

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Off Market Homes Near 16 E Main St

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Frequently asked questions about 16 E Main St

  • What is 16 E Main St estimated to be worth?
    Trulia's estimated value for 16 E Main St in Richmond, VA is $676,000.
  • What is the price history for 16 E Main St?
    16 E Main St in Richmond, VA last sold for $110,000 in February 2003.
  • Is Richmond a buyer's or seller's market?
    Richmond is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Richmond?
    The median sale price in Richmond is $395K. That is up $19.67K from the prior month.