4506 Forest Hill Avenue
Richmond, VA 23225
- – beds
- – baths
- 2,145 sqft
- $209 per sqft
- 1929 build
- – on site
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!
Last checked:
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Last updated May 9, 2025
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MLS# 2512699 —
The Building
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Year Built:1929
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Year Built Details:Actual
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Construction Materials:Brick,Block,Plaster,Stucco
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Architectural Style:Colonial,TwoStory
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Roof:Slate
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Exterior Features:Storage,Shed
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Stories Total:2
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Stories:2
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Levels:Two
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Basement:Full,InteriorEntry,Unfinished
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Basement:true
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Patio And Porch Features:RearPorch,FrontPorch,Screened
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Below Grade Unfinished Area:960.0
Interior
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Interior Features:Bookcases,BuiltInFeatures,BedroomOnMainLevel,SeparateFormalDiningRoom,Fireplace,LaminateCounters
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Fireplace:true
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Laundry Features:WasherHookup,DryerHookup
Room Dimensions
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Living Area:2145.0
Location
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Directions:Forest Hill AVE just East of W 46th. Home on right. NO SIGN. Park on W 46th or off alley behind property - by turquoise shed.
The Property
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Parcel Number:S006-0348-017
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Features:Level
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Lot Size Acres:0.2296
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Lot Size Area:0.2296
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Lot Size Units:Acres
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Zoning Description:R-5
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Fencing:BackYard,Fenced
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 356-3731
- Office phone:
- (804) 288-2100
Taxes
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Tax Year:2025
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Tax Lot:17
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Tax Annual Amount:5580.0
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Tax Assessed Value:492000
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Tax Legal Description:FOREST HILL TERRACE L17 B3 0050.00X0200.00 0000.000
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:GasWaterHeater
Schools
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Elementary School:Westover Hills
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Middle Or Junior School:River City
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High School:Huguenot
The Community
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Subdivision Name:Forest Hill Park Terrace
Parking
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Garage:false
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Attached Garage:false
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Parking Features:AlleyAccess,Detached,Garage,OffStreet,UnfinishedGarage,WorkshopInGarage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/9/25
May 9, 2025
|
Listed / Active | CVRMLS | $450,000 |