618 S Laurel Street
Richmond, VA 23220
Map
- – beds
- – baths
- 2,102 sqft
- $166 per sqft
- 1914 build
- – on site
More homes
Oregon Hill duplex with plenty of upside for someone willing to take on a construction project. The property currently generates $3,600 / month. Both leases good through June of 2025. Current rents are below market and could be raised after renovations. Tenants pay all utilities on separately metered units. Owner has received city approval to build an Accessory Dwelling Unit (ADU). The ADU would be a studio apartment built over a detached garage off the rear alley. Owner believes ADU and garage could generate an additional $1,500/month in rent. The ADU permitting and architectural drawings will convey with the sale. Proximity to VCU / MCV and downtown Richmond create exceptional demand and limited turnover with occasional vacancies quickly filled. This pedestrian friendly neighborhood offers quick access to the main campus of VCU and the James River Park system. This property is being sold "As-Is" no exceptions.
Last checked:
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Last updated Apr 30, 2025
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MLS# 2503555 —
The Building
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Year Built:1914
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Year Built Details:Approximate
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Construction Materials:Drywall,Frame,Plaster,VinylSiding,WoodSiding
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Architectural Style:RowHouse,TwoStory
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Structure Type:Townhouse
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Roof:Flat,Metal
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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,Unfinished,WalkOutAccess
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Basement:true
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Patio And Porch Features:FrontPorch
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Below Grade Unfinished Area:1051.0
Room Dimensions
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Living Area:2102.0
Location
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Directions:From Cary Street or Idlewood Ave , take Laurel Street heading South into Oregon Hill.
The Property
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Parcel Number:W000-0165-019
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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 Size Acres:0.0803
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Lot Size Area:0.0803
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Lot Size Units:Acres
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Zoning Description:R-7
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Fencing:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 399-7788
- Office phone:
- (804) 288-2100
Taxes
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Tax Year:2024
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Tax Annual Amount:5520.0
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Tax Assessed Value:460000
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Tax Legal Description:0025.39X0137.78 0000.000
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:GasWaterHeater,WaterHeater
Schools
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Elementary School:Fox
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Middle Or Junior School:Dogwood
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High School:Thomas Jefferson
The Community
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Subdivision Name:None
Parking
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Garage:false
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Parking Features:OnStreet
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 |
|---|---|---|---|---|
|
2/28/25
Feb 28, 2025
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Sold | CVRMLS | $350,000 | 0.0% |
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2/16/25
Feb 16, 2025
|
Pending | CVRMLS | $349,950 | |
|
2/13/25
Feb 13, 2025
|
Listed / Active | CVRMLS | $349,950 |
