Richmond, VA 23225 4506 Forest Hill Avenue
$450,000
Pending



43 more












































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Home Details
AMAZING OPPORTUNITY FOR INVESTOR OR OWNER/OCCUPANT! Overlooking historic, tree-lined Forest Hill AVE, this 2-story duplex is located in one of the most vibrant areas of RVA. Property currently features 2 separate units (both vacant): 1st floor 2 BR/1.5 bath and 2nd floor 2 BR/1 bath. Each has its own gas and electric meter and share a water meter (owner paid monthly bill). Each unit also features a private, screened porch. A shared, fenced backyard and large shed add inviting outdoor space and storage for residents. Off street parking off alley. This property offers immediate income potential for an investor or an owner occupant who wants to live in one unit while earning rental income from the other and a rejuvenation could transfer this "grand dame" into a lucrative investment or a charming and spacious single-family home! Unfinished 960 s/f basement and 480 s/f walk up attic offer room for expansion. Contact the City of Richmond for tax abatement and ADU possibilities. Offering a lifestyle of convenience, walk or bike to nearby amenities like Westover Hills Library or Forest Hill Park/Farmer's Market. Savor some of the best local food and beverage options at Little Nickel, The Veil Brewing Company, Blanchard Coffee, and Charm School ice cream. Whether you are looking for a place to call home in a desirable location or seeking an investment opportunity with promising rental potential, 4506 Forest Hill AVE delivers on all fronts. Schedule a showing today and envision the endless possibilities that await!
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Interior Features for 4506 Forest Hill Avenue
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementFull, InteriorEntry, Unfinished
Basement (Y/N)Yes
Fireplace Y/NYes
Heating Y/NNo
Interior AmenitiesBookcases, BuiltInFeatures, BedroomOnMainLevel, SeparateFormalDiningRoom, Fireplace, LaminateCounters
Laundry FeaturesWasherHookup, DryerHookup
Total Stories2
Other Rooms
General for 4506 Forest Hill Avenue
Additional Parcels Y/NNo
AppliancesGasWaterHeater
Architectural StyleColonial, TwoStory
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick, Block, Plaster, Stucco
CountyRichmond City
DirectionsForest Hill AVE just East of W 46th. Home on right. NO SIGN. Park on W 46th or off alley behind property - by turquoise shed.
DisclosuresDisclosureOnFile, SellerDisclosure
Electric On Property Y/NNo
Elementary SchoolWestover Hills
Expected Active Date 2025-05-09
Full Baths
Garage Y/NNo
HOANo
High SchoolHuguenot
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size UnitsAcres
MLS Area60 - Richmond
Middle/Junior High SchoolRiver City
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Occupancy TypeVacant
OwnershipIndividuals
Ownership TypeSoleProprietor
Patio/Porch FeaturesRearPorch, FrontPorch, Screened
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofSlate
Senior Community Y/NNo
SewerPublicSewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameForest Hill Park Terrace
Tax Annual Amount5580.0
Tax Assessed Value492000
Tax Lot17
Tax Year2025
Waterfront Y/NNo
Year Built1929
Year Built DetailsActual
Zoning DescriptionR-5
Exterior for 4506 Forest Hill Avenue
Crops Included Y/NNo
Exterior AmenitiesStorage, Shed
FencingBackYard, Fenced
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.2296
Lot Size Area0.2296
Open Parking Y/NNo
Parking FeaturesAlleyAccess, Detached, Garage, OffStreet, UnfinishedGarage, WorkshopInGarage
SpaNo
Water SourcePublic
Additional Details
Price History
Schools
High School
Huguenot High School
Elementary School
Westover Hills Elementary School
Middle School
River City Middle School

Malayka Harriman
Listing/Buyer Specialist