Listing provided courtesy of Joyner Fine PropertiesMLS# 2324670MLS Provider
  • 994 days on site
  • 38 views

NEWLY PRICED, ENHANCED DEVELOPMENT VALUE! A generational re-imagine and re-purpose development opportunity within the vibrant Fan District. Potential Historic Tax Credits. The 800 block to the 1100 block of West Franklin Street was once known as Richmond’s 5th Avenue, lined with Second Empire, Queen Anne, Jacobean, Romanesque and Colonial Revival styles architecture. This location is a part of the western portal to the original RPI, now VCU. This offering includes 2 buildings (previously 2- Fan single family homes) totaling a combined area of approximately 8,008 sq. ft. (~4,000 s.f. each) plus ~3,916 sq. ft. of full, unfinished basement. New roof, Off-street parking spaces. Consider the possibilities: Single family renovation/resale, owner-occupied single or Multi-Family, Duplex luxury rental units and/or convert to condominums, offices/mixed-use developent.

Source: Central Virginia Regional, MLS#: 2324670

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  • Property Type
    Commercial Sale

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  • Median Age
    26
  • Population Density
    6,858
  • College Educated
    64%
  • Estimated Median Income
    $46,873
  • Estimated Total Home Owners
    4,348
  • Estimated Total Renters
    7,939
  • Owner / Renter Divide
    35% / 65%
  • Estimated Average Household Size
    2
  • Total Population
    34,853
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 1109 & 1111 W Franklin Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
7/28/2025Source: Central Virginia Regional Price Reduction
$1,650,000 -8.1%
7/28/2025Source: Central Virginia Regional Price Reduction
$1,295,000 -21.5%
7/28/2025Source: Central Virginia Regional Status Change
Pending

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