4506 Forest Hill Avenue Richmond, VA 23225
Listing Courtesy of: CENTRAL VIRGINIA REGIONAL MULTIPLE LISTING SERVICE / Shaheen Ruth Martin & Fonville - Contact:  info@srmfre.com

  4506 Forest Hill Avenue Richmond, VA 23225

Pending (2 Days)
$450,000

Description

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!

MLS #:
2512699
Taxes
$5,580(2025)
Lot Size
10,001 SQFT
Type
Multifamily
Year Built
1929
Style
Colonial, Two Story
Community
Forest Hill Park Terrace

Listed By

Mary Marsh, Shaheen Ruth Martin & Fonville, Contact: info@srmfre.com
Source
CENTRAL VIRGINIA REGIONAL MULTIPLE LISTING SERVICE
Last checked May 9 2025 at 8:56 PM GMT+0000
Bathroom Details
Interior Features
  • Bookcases
  • Fireplace
  • Laminate Counters
  • Separate/Formal Dining Room
  • Laundry: Dryer Hookup
  • Laundry: Washer Hookup
  • Gas Water Heater
Subdivision
  • Forest Hill Park Terrace
Lot Information
  • Level
Basement Information
  • Full
  • Interior Entry
  • Unfinished
Exterior Features
  • Roof: Slate
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Westover Hills
  • Middle School: River City
  • High School: Huguenot
Parking
  • Alley Access
  • Detached
  • Garage
  • Off Street
  • Unfinished Garage
Stories
  • 2
Living Area
  • 2,145 sqft
Additional Information: Shaheen Ruth Martin & Fonville | info@srmfre.com
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2025 Central Virginia Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/9/25 13:56