15 E 33rd StreetRichmond, VA 23225

Description

Rare Southside value-add opportunity with grandfathered triplex status on a spacious 69’ x 130’ double lot in R-5 zoning! Bring your contractor or development vision—ideal for a full rehabilitation of the existing three units or exploring a potential lot split to build two new single-family homes. Extensive Demo work has begun in two (2) of the three (3) units. Selling strictly as-is, This versatile parcel is primed for an investor ready to capture significant upside in a rapidly appreciating Richmond corridor. There are three individual electrical meters as well as temporary power to property. Buyers are encouraged to perform their own due diligence and verify all development potential with the City of Richmond.

Property Information

Property type

Residential Income

Sub-type

Triplex

Style

Two Story

Year built

1920

Stories

2

Living area

2,819 Sq Ft

Lot size

0.21 acres

Lot dimensions

9018.300

Ownership

Corporate

Days on market

1

MLS^® Listing#

2629390

Property Features

Interior

Master Downstairs

Appliances

Electric Water Heater

Parking

On Street

Patio

Wrap Around

Fencing

Fenced · Partial

Construction

Aluminum Siding · Frame · Plaster

Roof

Asphalt

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Cardinal

Middle

River City

High

Richmond High School for the Arts

Financial Details

Annual taxes

$2,352Tax year 2025

Assessed value

$201,000

Parcel number

S0001874053

Directions

South on Midlothian. Make Right at 34th St. Left on McLennan St then Left on 33RD