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1416 Porter Street, Richmond, VA 23224

$599,900
  • 1416 Porter Street, Richmond, VA 23224 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,384 MLS#2618363
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

ocated in the heart of Manchester, 1416 Porter Street presents an outstanding investment opportunity with this well-maintained duplex featuring two spacious 2-bedroom, 2-bathroom units. One unit is already leased, providing immediate rental income, while the second is vacant and move-in ready, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to maximize returns. Each unit offers an open-concept floor plan with soaring ceilings, hardwood flooring in the main living areas, modern kitchens with stainless steel appliances, abundant cabinetry, and spacious bedrooms. Outside, residents enjoy large covered rear porches overlooking a generously sized fenced backyard, along with ample off-street parking-a rare amenity in the city. Just minutes from downtown Richmond and within walking distance of Manchester's thriving restaurants, breweries, parks, and entertainment, this turnkey property offers the perfect blend of cash flow, flexibility, and long-term appreciation potential.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Home Style: Two Story
Lot Size: 0.12 Acres
Roof Type: Composition, Flat
Stories: 2.0
Taxes: $7,176
Year Built: 2010

Feature Descriptions

Exterior: Drywall, Frame, HardiPlank Type, Wood Siding
Fencing: Back Yard
Parcel#: S0000154006
Parking: Off Street
Patio/Porch: Balcony, Deck, Front Porch
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Armstrong
Middle School: Thompson
Elementary School: Blackwell

Listed By / Shown By

Listed By

Agency Name: Monroe Properties

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

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Estimated Payment

$ 2,108.09 per month $1,335.12 Principal & Interest $598.00 Property Tax $174.97 Homeowner's Insurance

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