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3418 Carolina Avenue, Richmond, VA 23222 (MLS # 2624612)
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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.
Property Type(s):
Multi Family
| Last Updated | 9/9/2026 | Tract | None |
|---|---|---|---|
| Year Built | 1920 | Community | 30 - Richmond |
| County | Richmond City |
SCHOOLS
| Elementary School | Barack Obama |
|---|---|
| Jr. High School | Henderson |
| High School | John Marshall |
Additional Details
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | 30 - Richmond |
| BASEMENT | Crawl Space, Partial, Yes |
| CONSTRUCTION | Block, Vinyl Siding, Wood Siding |
| LOT | 9801 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| SUBDIVISION | None |
| TAXES | 4872 |
| WATER | Public |
| ZONING | R-6 |
Location
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Listed with One South Commercial LLC
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 Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
Last Updated: 9/21/26 1:13 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
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