4506 Forest Hill Avenue, Richmond, VA 23225 (MLS # 2512699)
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AMAZING OPPORTUNITY FOR INVESTOR OR OWNER/OCCUPANT! Overlooking historic, tree-lined Forest Hill AVE, this 2-story duplex is located in one of the most vibrant areas of RVA. Property currently features 2 separate units (both vacant): 1st floor 2 BR/1.5 bath and 2nd floor 2 BR/1 bath. Each has its own gas and electric meter and share a water meter (owner paid monthly bill). Each unit also features a private, screened porch. A shared, fenced backyard and large shed add inviting outdoor space and storage for residents. Off street parking off alley. This property offers immediate income potential for an investor or an owner occupant who wants to live in one unit while earning rental income from the other and a rejuvenation could transfer this "grand dame" into a lucrative investment or a charming and spacious single-family home! Unfinished 960 s/f basement and 480 s/f walk up attic offer room for expansion. Contact the City of Richmond for tax abatement and ADU possibilities. Offering a lifestyle of convenience, walk or bike to nearby amenities like Westover Hills Library or Forest Hill Park/Farmer's Market. Savor some of the best local food and beverage options at Little Nickel, The Veil Brewing Company, Blanchard Coffee, and Charm School ice cream. Whether you are looking for a place to call home in a desirable location or seeking an investment opportunity with promising rental potential, 4506 Forest Hill AVE delivers on all fronts. Schedule a showing today and envision the endless possibilities that await!
| DAYS ON MARKET | 3 | LAST UPDATED | 5/9/2025 |
|---|---|---|---|
| TRACT | Forest Hill Park Terrace | YEAR BUILT | 1929 |
| COMMUNITY | 60 - Richmond | COUNTY | Richmond City |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Westover Hills |
|---|---|
| Jr. High School | River City |
| High School | Huguenot |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | 60 - Richmond |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Block, Brick, Plaster, Stucco |
| EXTERIOR | Storage, Tennis Court(s) |
| FIREPLACE | Yes |
| GARAGE | Yes |
| INTERIOR | Bookcases, Built-in Features, Laminate Counters |
| LOT | 10001 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Alley Access, Detached, Garage, Off Street, Workshop in Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial, Two Story |
| SUBDIVISION | Forest Hill Park Terrace |
| TAXES | 5580 |
| WATER | Public |
| ZONING | R-5 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Shaheen Ruth Martin & Fonville
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Last Updated: 5/11/25 6:10 AM PDT
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