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0 Baths
3,990 sqft

$445,000

3418 Carolina Ave, Richmond VA, 23222

Price per sqft$111.53
Built in1920
Property size3,990 sqft
Property typeMulti-family

Overview

Active

Listed Sep 9, 2026

Updated 12 days ago

Discover a turnkey investment opportunity in Richmond’s desirable Northside. This well-maintained duplex features a two-bedroom, one-bath first-floor residence currently leased for $1,583 per month and a three-bedroom, one-bath second-floor residence leased for $1,715 per month, generating total monthly rental income of $3,298. The first-floor unit was fully renovated in 2019, while the second-floor unit underwent a comprehensive renovation in 2023. Improvements include updated HVAC systems, white shaker cabinetry, granite countertops, stainless steel appliances, updated flooring, renovated bathrooms, modern lighting, and refreshed finishes throughout. The rear alley provides off-street parking for up to four vehicles. With strong in-place income and extensive renovations already completed, this property offers an attractive opportunity for investors or owner-occupants seeking supplemental rental income in Richmond’s Northside.

$2,961/mo

Est. mortgage payment based on a $445,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$4,872
Tax Frequency
Annually

Listed by One South Commercial LLC, Justin Sledd, (804) 307-4060 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 9/25/2026

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