$1,075,000
- 4,437 Sq Ft
223 N Arthur Ashe Blvd, Richmond, VA 23220
223 N Arthur Ashe Blvd, Richmond, VA 23220$1,075,000
223 N Arthur Ashe Blvd, Richmond, VA 23220
223 N Arthur Ashe Blvd, Richmond, VA 23220$980,000
115 S Arthur Ashe Blvd, Richmond, VA 23220
115 S Arthur Ashe Blvd, Richmond, VA 23220The 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.
On average, homes in The Fan, Richmond sell after 22 days on the market compared to the national average of 47 days. The average sale price for homes in The Fan, Richmond over the last 12 months is $759,042, up 10% from the average home sale price over the previous 12 months.
In The Fan, there are currently 8 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $585,000 to $1,095,000, there's something for every budget. As of April, 2025 the median home price in The Fan, Richmond is $674,950, while the average sale price is $759,042, providing insight into local market trends. On average, multi-family homes spend 22 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in The Fan, Richmond.