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
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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