312 N Shields AVE, Richmond, VA 23220
312 N Shields AVE, Richmond, VA 23220
312 N Shields AVE, Richmond, VA 23220
56
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$795,000
Est. payment /mo
2,772 SqFt
Coming Soon

312 N Shields AVE Richmond, VA 23220

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $286

MLS Listing ID 2625851

Style Row House,Two Story

Construction Status Historic

HOA Y/N No

Year Built 1909

Annual Tax Amount $8,820

Tax Year 2025

Lot Size 2,530 Sqft

Acres 0.0581

Property Sub-Type Duplex

Property Description

An income-producing duplex in the heart of Richmond's Fan District, 312 N. Shields Avenue offers 2,772 square feet, two currently rented units, off-street parking, and flexibility for both investors and future owner-occupants.
The first-floor unit features two bedrooms and one full bath, while the second-floor unit offers two bedrooms and one-and-a-half baths. Each unit has its own rear deck, providing valuable private outdoor space, and the property includes two off-street parking spaces—an important feature in this popular city neighborhood.
The property has been well maintained, with work receipts and documentation available. Significant recent improvements include a new roof in 2021 and replacement of the HVAC system serving Unit 1 in 2026.
Located on N. Shields Avenue in The Fan, the property is convenient to neighborhood restaurants, an elementary school, public transportation, and the shops, dining, and everyday amenities found throughout The Fan and surrounding neighborhoods.
With both units currently occupied and producing rental income, this property provides several possibilities for its next owner. It can continue as an established investment property, may be an option for a buyer completing a 1031 exchange, or could eventually provide an opportunity to occupy one unit while generating rental income from the other.
For an investor looking for a well-maintained multifamily property in one of Richmond's most established neighborhoods—or a buyer interested in the flexibility that a duplex can provide—312 N. Shields Avenue deserves a closer look.

Location

State VA

County Richmond City

Area 10 - Richmond

Direction W on Grove, R on Shields, between Hanover and Stuart

Rooms

Basement Dirt Floor

Interior

Interior Features Ceiling Fan(s), Dining Area, Double Vanity, Granite Counters, High Ceilings, Pantry

Appliance Gas Water Heater

Exterior

Fence None

Roof Type Flat,Rubber

Porch Deck

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Row House, Two Story

Level or Stories Two

Structure Type Brick,Mixed

Construction Status Historic

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-1002-015

Ownership Individuals

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Central Virginia Regional MLS (CVR MLS)
Listed by Two Dog Realty

NEARBY SCHOOL & BUSINESS

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Mikel James Jr

Mikel James Jr

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+1(804) 938-3015

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312 N Shields AVE