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The Fan Multifamily Homes & Duplexes for Sale

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  • /35

    $1,075,000

    • 4,437 Sq Ft

    223 N Arthur Ashe Blvd, Richmond, VA 23220

    Welcome to 223 N Arthur Ashe Blvd - Facing the Virginia Museum of Fine Arts - a rare 8-bedroom, 8-bathroom duplex in one of Richmond’s most sought-after locations. This spacious multi-family property features two large units, each with 4 bedrooms and 4 bathrooms, offering a fantastic opportunity for investors or owner-occupants seeking rental income. Each unit showcases classic Richmond charm

    Agent Photo

    Alyssa Devereaux

    Compass

    (804) 589-4821

    223 N Arthur Ashe Blvd, Richmond, VA 23220
  • /21

    $980,000

    • 3,200 Sq Ft

    115 S Arthur Ashe Blvd, Richmond, VA 23220

    Fantastic Investment Opportunity in the Heart of Richmond! A beautifully updated FOUR UNIT property in the highly desirable Museum District. This is an incredible opportunity for investors or owner-occupants looking for income-producing potential in one of Richmond’s most walkable neighborhoods. Each unit has been thoughtfully updated while preserving the property’s historic charm, featuring

    Agent Photo

    Alyssa Devereaux

    Compass

    (804) 568-9145

    115 S Arthur Ashe Blvd, Richmond, VA 23220
  • /50

    $825,000

    • 2,504 Sq Ft

    2700 W Main St, Richmond, VA 23220

    This classic duplex, prominently positioned at the corner of Main and Mulberry, perfectly blends timeless charm with modern convenience. Nestled in the heart of the Fan, the property showcases the neighborhood’s signature character and walkability. Each unit offers two bedrooms and one bathroom, with the upstairs apartment recently updated and move-in ready — ideal for an owner-occupant. Features

    Justin Sledd One South Commercial LLC

    2700 W Main St, Richmond, VA 23220
  • /28

    $900,000

    • 2,400 Sq Ft

    408 N Robinson St, Richmond, VA 23220

    Don't miss out on the rare opportunity to own a modern duplex in Richmond's vibrant Fan District! Constructed in 2016, this 2,400 sq ft property features two spacious apartments, each with 3 bedrooms and 2 baths. These units are equipped with contemporary conveniences, including tankless water heaters, central air, washers/dryers, refrigerators, gas stoves, microwaves, granite countertops, and

    Phillip Skaggs Maison Real Estate Boutique

    408 N Robinson St, Richmond, VA 23220
  • /26

    $749,950

    • 2,930 Sq Ft

    112 N Morris St, Richmond, VA 23220

    Looking for a solid Fan duplex for investment or an ideal owner-occupied property in the Fan? Don't overlook this charming duplex in the heart of the Lower Fan District! This is an incredible opportunity to own a classic Fan property just steps from VCU and some of Richmond’s best restaurants, cafes, and galleries. This well-maintained building features two spacious 2-bedroom, 1-bath units, each

    Christopher Small Small & Associates

    112 N Morris St, Richmond, VA 23220
  • /50

    $925,000

    • 3,454 Sq Ft

    1714 Hanover Ave, Richmond, VA 23220

    A prime location in the heart of The Fan and an incredible investment opportunity is waiting at 1714 Hanover Ave! This all brick multi-family home offers lots of old world charm that’s true to the neighborhood. The first floor unit is fully occupied at $2,700/month and boasts 3-4 bedrooms (one area is a flex space, but works as a bedroom) and 1 bath, original pine floors, exposed brick, tall

    Matt Jarreau Hometown Realty

    1714 Hanover Ave, Richmond, VA 23220
  • /27

    $1,095,000

    • 3,000 Sq Ft

    2203 W Cary St, Richmond, VA 23220

    Charming historic brick quadplex in a prime Richmond location. This well-maintained property features two 1-bedroom apartments and two 2-bedroom apartments, all separately metered for utilities, ensuring residents cover their own costs. Steeped in character, the property boasts original hardwood floors, a spacious front porch, and timeless architectural details. Located in a highly desirable

    Justin Sledd One South Commercial LLC

    2203 W Cary St, Richmond, VA 23220
  • /4

    $585,000

    • 1,518 Sq Ft

    2603 W Grace St, Richmond, VA 23220

    Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office

    Bryan Boykin ERA Woody Hogg & Assoc

    2603 W Grace St, Richmond, VA 23220

About The Fan

The Fan neighborhood in Richmond, Virginia, is a historic area influenced by the City Beautiful movement, characterized by its orderly architectural designs and public green spaces. Monument Avenue, with its grassy medians and historic mansions, is a notable feature, though it has a complex history tied to Confederate statues, which were removed in 2021. The neighborhood offers a variety of dining options, with local favorites like Joe’s Inn, Kuba Kuba, and Bacchus lining Main and Cary streets. Shopping is convenient with nearby Carytown providing grocery stores and boutique shops. For medical needs, residents have access to the Retreat Doctor’s Hospital within the neighborhood and VCU Medical Center about 2 miles away. The Fan is home to several parks, including Monroe Park, Scuffletown Park, and Meadow Park, all within walking distance for residents. The area also supports a vibrant arts scene, with local galleries, murals, and venues like The Altria and The Camel hosting performances. The Virginia Museum of Fine Arts and the Virginia Museum of History and Culture are nearby cultural landmarks. The Fan District Association organizes community events such as the Holiday House Tour and the Kitchen and Garden Tour. The neighborhood is zoned for Richmond Public Schools, with students attending William Fox Elementary, currently relocated to Clark Springs Elementary, and the highly rated Maggie L. Walker Governor’s School for Government and International Studies. Homes in The Fan range from Queen Annes to Craftsman-style properties, creating a cohesive yet unique streetscape.

Home Trends in The Fan, VA

Home Trends

Median Price (12 Mo)
$675,000
Median Single Family Price
$900,000
Median Townhouse Price
$677,450
Median 2 Bedroom Price
$351,800
Median 1 Bedroom Price
$233,000
Average Price Per Sq Ft
$349
Number of Homes for Sale
26
Last 12 months Home Sales
169
Months of Supply
1.80
Median List Price
$674,950
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
13%
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