2034 W Grace St

2034 W. Grace Street | The Fan | Richmond, VA
2034 W. Grace Street presents a rare opportunity to acquire an entire duplex property on one of The Fan's most established and walkable blocks. Built in 1908, this substantial two-family Richmond property offers historic architectural character, generous scale, and flexible ownership options in a prime city location. The property is listed with approximately 5,000 square feet, and a 4,445-square-foot lot. Giving yuo two large apartments with 4 bedrooms and 2 baths each. The building is well suited for an investor, an owner-occupant seeking rental income, or a long-term hold in one of Richmond's most desirable urban neighborhoods. Interior spaces include large formal and informal living areas, separate dining spaces, multiple bedrooms and baths, dedicated laundry, balcony access, and additional storage. The layout supports comfortable residential use while preserving the flexibility expected from a Fan duplex.
Meaningful pre-market improvements have already been completed or are underway, including plaster repair, interior and exterior painting, updated lighting, landscaping, pressure washing, and detailed cleaning. One new lease is already in place, while the upper unit offers strong potential for an owner-occupant or an additional rental opportunity. The location is a key part of the value. The property sits in Richmond's Fan neighborhood with a reported walkability score of 97 out of 100, near neighborhood restaurants, shopping, VCU, museums, and downtown Richmond.
2034 W. Grace Street is a compelling Richmond multifamily opportunity with scale, presence, income potential, and long-term flexibility in a proven city location.