2101 5th Avenue, Richmond, VA 23222

Property Description

An investment with standout tenant appeal! Situated on a spacious double lot in Richmond’s Northside, this renovated duplex combines original character with updated kitchens and baths, generous outdoor space, and a private, tree-lined rear setting. Each unit offers TWO bedrooms and TWO full bathrooms—a valuable distinction for renters—along with beautiful original wood floors, large windows, and substantial trim. Both kitchens feature ample cabinetry and peninsula seating, while renovated bathrooms showcase classic white subway tile. A welcoming covered front porch, lower rear porch, and upper rear balcony extend the living experience outdoors. The expansive side and rear yards provide room to relax, garden, and gather, with a sense of privacy that sets this property apart from more tightly spaced city rentals. Alley access at the rear corner offers potential to create off-street parking. Both units are vacant, giving investors the flexibility to select tenants and establish new leases, or an owner-occupant the opportunity to enjoy one residence while generating rental income from the other. Both units most recently rented for $1500/month (no utilities included). A compelling combination of two-bedroom/two-bath layouts, renovated interiors, and memorable outdoor space makes 2101 5th Avenue a distinctive addition to a rental portfolio. The adjacent lot at 2105 5th Avenue is also listed for sale and can be purchased in combination or separately by a savvy investor looking for a rental AND building opportunity.