Address
1902 3rd Avenue, Richmond, VA
Price
$ 275,000
Property Attributes
- MLS#2606109
- TypeSingle Family
- Listing Status Active
- CountyRichmond City
- CityRichmond
- Area30 - Richmond
- NeighborhoodChestnut Hills
- Zip23222
- Style
- Year Built1910
- Taxes$ 5124
- Price$ 275,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2868
- Lot Size0.2089 Acres
Data Source:
Central Virginia Regional MLS (CVRMLS)
Property Description
1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond's steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. On 5/19/2026 a burst pipe caused a severe Category 3 water event that migrated from the second floor through the first, adding to water damage the home sustained years prior. Ceilings and walls on both levels have failed and are open to the framing, hardwood floors are buckled, carpet and pad are contaminated, and microbial growth is present throughout. Interior doors, trim, and cabinetry are affected. The home is currently uninhabitable and will require remediation plus full drywall, insulation, flooring, and finish replacement. Multiple remediation and rebuild quotes from Servpro and other contractors have been obtained and will be shared as needed. Photos reflect a home in rough shape throughout; buyers should expect significant repairs across the property. What makes this opportunity compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, it is a strong reminder of the potential here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a solid foundation for a transformational project. Located in Northside, an area seeing ongoing reinvestment and rising interest from buyers and investors, 1902 N 3rd Street is the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties stand out. Sold strictly as-is, where is. Inspection for informational purposes only.
| Elementary School | Middle School | High School |
|---|---|---|
| Overby-Sheppard Elementary School | Henderson Middle School | John Marshall High School |
| Price History | |
|---|---|
| 3/13/2026 | Listed $275,000 |
General Features
| Interior Features | Bookcases,Built-in Features,Bedroom on Main Level,Ceiling Fan(s),Dining Area,Double Vanity,Eat-in Kitchen,En Suite Bathroom,Full Bath on Main Level,Granite Counters,High Ceilings,High Speed Internet,Loft,Bath in Primary Bedroom,Main Level Primary,Recessed Lighting,Cable TV,Wired for Data,Walk-In Closet(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Central Air,Electric |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Electric Water Heater |
| Patio/Porch Features | Balcony,Deck,Wrap Around |
| Architectural Style | Two Story,Victorian |
| Pool Features | None |
| Construction Materials | Frame,Vinyl Siding |
| Year Built | 1910 |
| Stories | 2 |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2025 |
| Percent Ownership | Individuals |
| County | Richmond City |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | Chestnut Hills |
| Garage Y/N | false |
| Total Rooms | 9 |
| Full Baths | 4 |
| Status | Active |
| High School | John Marshall |
| Zoning Description | R-6 |
| MLS Area | 30 - Richmond |
| Lot Size Units | Acres |
| Waterfront Y/N | false |
| Elementary School | Overby-Sheppard |
| Year Built Details | Actual |
| Tax Annual Amount | 5124 |
| Middle/Junior High School | Henderson |
| Property Condition | Resale |
| Days on Market | 65 |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Assessed Value | 427000 |
| Tax Lot | 13 |
| Ownership Type | Sole Proprietor |
| Property Sub Type Additional | Single Family Residence |
| Expected Active Date | 2026-03-13 |
Interior Features
| Flooring | Ceramic Tile,Partially Carpeted,Wood |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | false |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Laundry Features | Dryer Hookup |
| Total Bedrooms | 4 |
| LivingAreaSource | Assessor |
| Total Baths | 4 |
Exterior Features
| Fencing | Chain Link,Fenced |
|---|---|
| Parking Features | Shared Driveway |
| Water Source | Public |
| Lot Size Area | 0.2089 |
| Lot Size Acres | 0.2089 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 23222
Price
Taxes
Year Built
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.
All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All
