$652,900
- Studio
- 3,202 sqft
16 E Main St, Richmond, VA 23219
Est. Refi. Payment $4,144/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 6, 2003 for $110,000
Home Value
Trulia Estimate
$653KSince last month
Increased$1K (+0.2%)Since last year
Decreased$22K (-3.2%)Since last sale
Increased$543K (+493.9%)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 +31% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $653K |
| September 2026 | $652K |
| August 2026 | $665K |
| 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 |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $350,000 | 04/15/26 | - | 2,663 | ||
0.21 | Multi-Family Home | $575,000 | 06/05/26 | 4 | 2 | 2,494 | |
0.41 | Multi-Family Home | $876,000 | 05/13/26 | - | 3,822 | ||
0.43 | Multi-Family Home | $587,000 | 04/30/26 | 3 | 2.5 | 2,426 | |
0.39 | Multi-Family Home | $649,950 | 04/30/26 | 4 | 3 | 2,940 | |
0.35 | Multi-Family Home | $245,000 | 04/01/26 | 1 | 1 | 647 | |
0.62 | Multi-Family Home | $850,000 | 07/01/26 | 2.5 | 2,708 | ||
0.52 | Multi-Family Home | $499,000 | 06/04/26 | 4 | 2 | 2,214 | |
0.69 | Multi-Family Home | $950,000 | 07/13/26 | 8 | 4 | 3,302 | |
0.24 | Multi-Family Home | $810,000 | 12/29/25 | 4 | 4 | 3,872 |
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 |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.00 | - | 2 | 2 | 1,200 | Off Market | |
0.00 | $763,400 | Studio | - | 3,334 | Off Market | |
0.01 | - | 2 | 1 | 900 | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | - | Studio | - | 1,972 | Off Market | |
0.01 | - | 1 | 1 | 750 | Off Market | |
0.01 | - | Studio | 1 | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | - | Studio | 1 | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | - | Off Market | |
0.01 | - | 2 | 1 | 750 | Off Market |
Local Information
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Home Highlights
Multi-Family
Built in 1920
3,202 sqft
$204/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $652,900, with a rent estimate of $2,260/month.
Home Details for 16 E Main St
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Interior Details Basement |
Levels, Entrance, & Accessibility Stories: 3 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 1655 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 6, 2003 Source: N/A | Sold | $110,000 |
Feb 27, 1998 Source: N/A | Sold | $60,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,464 | $622,000 |
Home facts updated by county records
Market trends in Richmond
Last updated September 2026
Avg. sale price
$390K
$13.23KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$242
$7MoM
Available listings
783
50MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about Monroe Ward
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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 $652,900.
- 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 buyer's market, based on recent for-sale activity.
- What's the median sale price in Richmond?The median sale price in Richmond is $390K. That is down $13.23K from the prior month.