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Curt Dougherty
Associate Broker
REALTOR®, Associate Broker
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5508 Grove Avenue , Richmond, VA 23226

$1,195,000
  • 5508 Grove Avenue , Richmond, VA 23226 Main Photo

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Curt Dougherty
Call: (804) 338-5367

New to the Market Active
BEDS0 BATHS SQUARE FEET2,292 MLS#2616583
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGlenburnie

Property Description

5508 Grove Avenue - a lovely, fully renovated duplex just steps from the popular Libbie/Grove shops & restaurants. This brick & slate property has been completely renovated inside & out and is a wonderful opportunity to own a high-end, income-producing investment. Live on one floor & rent out the other space, or rent both units. Total income for both units $6,500 per month. The lower unit is currently occupied until mid-January. Unit 1# (first floor): 2 bedrooms, 2.5 baths, entry fronts Seneca Road. The open-concept living room and kitchen has wood-burning fireplace, crown molding, hardwood floors. Kitchen has large island with counter seating, granite and quartz counters. Renovated full baths and an added half bath. Larger bedroom has walk-in closet, stack washer/dryer, large bathroom. 2nd bedroom has built-in Murphy bed & attached full bath. Side porch, access to fenced back yard & patio. Currently rents for $3,500 per month. Unit #2: (second floor) 2 bedrooms, 1.5 baths, entry fronts Grove, wood-burning fireplace, open-concept living/kitchen area (with fireplace). Large eat-in kitchen with center island, gas cooking, refrigerator, dishwasher, beverage refrigerator. 2 bedrooms, both equipped with built-in Murphy beds. California closets. Shared full bath between bedrooms, & half bath. New hot water heater. Stack washer/dryer. Side balcony overlooking Seneca. Typically rents for $3,000 per month. Overall property enhancements include:new rear patio, privacy fencing, new landscaping, new custom storm doors/front doors per unit, new irrigation system, insulated replacement windows, California closets, separate utility metering for each unit, off-street parking added, new brick walkways at front & side of property, dehumidifier in crawlspace, designer lighting in both units, plantation shutters added, hardwood floors refinished, interior/exterior painted. Interiors have new baths, kitchens and have been renovated fully with newer HVAC, newer half baths, hot water heaters. Very unique opportunity!

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Fenced: Yes
Home Style: Colonial, Two Story
Lot Size: 0.15 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $9,264
Year Built: 1938

Amenities

Eat-in Kitchen
Fireplace
Granite Counters
Bath in Primary Bedroom
Main Level Primary
Walk-In Closet(s)
Sprinkler/Irrigation

Feature Descriptions

Exterior: Brick
Fencing: Back Yard, Fenced, Privacy
Parcel#: W020-0159-020
Parking: Off Street
Patio/Porch: Balcony, Front Porch, Side Porch
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

High School: Thomas Jefferson
Middle School: Albert Hill
Elementary School: Munford

Listed By / Shown By

Listed By

Agency Name: Long & Foster REALTORS
Agency Contact: (804) 937-6812

Shown By

Agent Name: Curt Dougherty
Agent Phone: (804) 338-5367
Agency Title: Napier Realtors ERA

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Estimate Your Payment

Estimated Payment

$ 3,780.09 per month $2,659.55 Principal & Interest $772.00 Property Tax $348.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Movement Mortgage
Listed By: Long & Foster REALTORS

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 12:01:20 AM EST) or CAAR MLS (last updated Thu 06/18/2026 11:10:41 PM EST) or CVRMLS (last updated Thu 06/18/2026 11:58:51 PM EST) or Williamsburg MLS (last updated Thu 06/18/2026 10:54:47 PM EST) or NNAR MLS (last updated Thu 06/18/2026 10:27:04 PM EST) or Chesapeake Bay & Rivers (last updated Thu 06/18/2026 8:51:30 PM EST). Real estate listings held by brokerage firms other than Napier Realtors ERA may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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