Richmond, VA 23220 409 N Madison Street

$525,000

409 N Madison Street Richmond, VA - Image 1409 N Madison Street Richmond, VA - Image 2409 N Madison Street Richmond, VA - Image 3
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Presented By: Keith Smith with Keith Smith Realty.
  • Central Virginia Regional MLS (CVRMLS) - 11 - VA
  • MLS# 2512306
  • 05/12/2025
  • SQFT • 2,382

Home Details

Investment Opportunity on this awesome duplex in the Arts District of Historic Jackson Ward located in the VCU campus area. This spacious 3 level duplex has been renovated with upgraded custom cabinets, refrigerators, dishwashers, granite counters, washers, dryers, recessed lighting & central heating and cooling. The first-floor unit has open living area, hardwood flooring, spacious bedroom, upgraded bath with stand up tile glass shower and access to rear porch and courtyard. The upper unit boast hard wood flooring, upgraded bath with tub & 6ft subway tile, open living area with bedroom. The 2nd bedroom to the upper lever is on the 3rd level with hardwood flooring, a skylight, a beautiful window seat and upper balcony deck with access to the courtyard area. On and off-street parking. Great Investment Right Now!
Presented By: Keith Smith with Keith Smith Realty.

Interior Features for 409 N Madison Street

Bathrooms

Half Baths0
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 409 N Madison Street

Additional Parcels Y/NNo
Architectural StyleColonial
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick
CountyRichmond City
DisclosuresSellersDisclosureNotAvailable
Electric On Property Y/NNo
Elementary SchoolCarver
Expected Active Date 2025-05-12
Full Baths
Garage Y/NNo
HOANo
High SchoolThomas Jefferson
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size UnitsAcres
MLS Area10 - Richmond
Middle/Junior High SchoolDogwood
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnershipIndividuals
Ownership TypeSoleProprietor
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Annual Amount4068.0
Tax Assessed Value345000
Tax Year2024
Year Built1848
Year Built DetailsApproximate
Zoning DescriptionB-1

Exterior for 409 N Madison Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0299
Lot Size Area0.0299
Open Parking Y/NNo
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Thomas Jefferson High School
Elementary School Carver Elementary School
Middle School Dogwood Middle School

Ann Frasier

Associate
Price $525,000
MLS#2512306
List Date 05/12/2025
Property Type Income
Phone 804.335.4774
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