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3437 Hanover Avenue

Richmond, VA 23221

– beds
– baths
2,164 sqft
7,190 sqft lot
$332 per sqft
1953 build

Welcome to 3437 Hanover Ave, a fantastic duplex in the heart of the Museum District, just steps from Carytown’s vibrant restaurants, shopping, and nightlife. This well-maintained property offers a prime investment opportunity, with both units currently rented at $1,800 per month and the potential to increase to $2,000 per unit. Each unit features beautiful refinished hardwood floors, new windows throughout, a roof less than 10 years old, and a very large backyard, a rare find in this area. The first-floor unit boasts 1,082 square feet, two bedrooms, one bath, a washer and dryer in the utility room, and a rear stoop overlooking the backyard. The second-floor unit mirrors the layout with 1,082 square feet, two bedrooms, one bath, a washer/dryer hookup, and a 5' x 9' rear deck. Additional features include oak kitchen cabinets, ceiling fans in all bedrooms, gas stove cooking, outside storage, and four off-street parking spaces. Recent updates include a newer downstairs A/C unit (less than 3 years old), sewer piping replacement in the crawl space, and a new gas stove in the upstairs unit. This is a great opportunity for investors-with strong rental history and incredible income potential, this turnkey duplex is a must-see!

Listing courtesy of BRIGHT / Keeton & Co. Real Estate

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# VARC2000632 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1953
Year Built Source:

Assessor
Roof:

Shingle
New Construction:

No
Construction Materials:

Brick, Vinyl Siding
Building Units Total:

1
Structure Type:

Detached
Architectural Style:

Colonial
Accessibility Features:

None
Foundation Details:

Crawl Space
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2164

Interior

Flooring Type:

Laminated, Wood
Fireplace:

No
Wall & Ceilings:

Dry Wall
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2164
Living Area SqFt:

2,164 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

3437 Hanover Ave
Latitude:

37.55932000
Longitude:

-77.48398000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.17
Lot Size Source:

Assessor
Lot Size Dimensions:

40.00 x 179.00
Lot Dimensions Source:

Assessor
Lot SqFt:

7,190 Sqft
Zoning:

6
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

042
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

W0001603002
Tax Year:

2023
Tax Annual Amount:

$6,636
Tax Assessed Value:

$553,000
Year Assessed:

2023
County Tax:

6636.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Zoned
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

Elementary School:

John B. Cary
Middle School:

Albert Hill
High School:

THOMAS JEFFERSON
School District Name:

Richmond City Public Schools
School District Source:

3rd Party

The Community

Subdivision Name:

None Available
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Alley, Off Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/20/25 Mar 20, 2025	Listed / Active	BRIGHT	$719,990	64.9% (11.6% / YR)
8/23/19 Aug 23, 2019		CVRMLS	$436,500

Multifamily For Sale

$719,990

Listing provided by broker:

Daniel S. Keeton

Keeton & Co. Real Estate

(804) 556-1228

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This multifamily located in Near West, Richmond, VA 23221 is currently for sale for $719,990. 3437 Hanover Avenue is a 2,164 square foot multifamily with – beds and – baths. 3437 Hanover Avenue is in the Near West neighborhood of Richmond and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of John B. Cary Elementary School, Thomas Jefferson High School, Albert Hill Middle School, and Open High School.

Listing Courtesy of: BRIGHT and Keeton & Co. Real Estate.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.