1106 South Lombardy Street

Richmond, VA 23220

$399,000
Price
2
Beds
1,824 Sq. Ft.
$219 / Sq. Ft.
1,824
Sq. Ft.
$219
per Sq. Ft.

Description

Prime investment opportunity in the heart of Richmond, VA. This built-as duplex features two spacious, two-story townhome-style units, each offering a 2-bedroom, 1-bathroom floor plan with separately metered electricity and water, making it an excellent option for both investors and owner-occupants alike. Situated on an expansive lot, the property boasts a large, fenced-in backyard, providing valuable outdoor space for tenants or potential future improvements. The location is highly desirable, positioned...Prime investment opportunity in the heart of Richmond, VA. This built-as duplex features two spacious, two-story townhome-style units, each offering a 2-bedroom, 1-bathroom floor plan with separately metered electricity and water, making it an excellent option for both investors and owner-occupants alike. Situated on an expansive lot, the property boasts a large, fenced-in backyard, providing valuable outdoor space for tenants or potential future improvements. The location is highly desirable, positioned just minutes from Virginia Commonwealth University (VCU), the historic Fan District, and Carytown, ensuring strong rental demand year-round. Residents will enjoy close access to local hotspots, including Lamplighter Coffee Roasters, Garnett’s Café, and Blanchard’s Coffee, as well as convenient proximity to VCU’s Monroe Park Campus, grocery stores, and major retail corridors. Richmond’s thriving rental market continues to see steady appreciation, with strong demographic trends driving demand for well-located housing near major employment centers. Whether you're looking to expand your investment portfolio or secure an owner-occupied property in a high-growth area, 1106 S Lombardy Street offers exceptional potential in one of Richmond’s growing neighborhoods. Don’t miss this unique opportunity to own a versatile, income-producing asset in a premier location!
  1. Listed by Justin Sledd • Brokerage DRE #226037201 • One South Commercial LLC
    P: (804)-307-4060 C: (804)-307-4060 justin.sledd@onesouthcommercial.com

Property Details for 1106 South Lombardy Street

Architectural Style
Two Story
Subdivision Name
None
Waterfront
Yes
LISTING UPDATED: 01/31/2025 02:09 PM

Property Details for 1106 South Lombardy Street

StatusPending
MLS #2502294
Days on Market3
Taxes$3,816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Familly
MLS TypeResidential Income / Duplex
Year Built1957
Lot Size0.14 AC / 6,194 SF
CountyRichmond Independent City

Building Information for 1106 South Lombardy Street

Stories2Residences1Year Built1957Lot Size0.14 AC / 6,194 SF

Property Information for 1106 South Lombardy Street

Summary
Location and General Information
  • City: Richmond
  • City Region: Randolph
  • County Or Parish: Richmond City
  • Latitude: 37.538703
  • Longitude: -77.465574
  • Postal City: Richmond
  • Postal Code: 23220
  • Postal Code Plus4: 6701
  • State Or Province: VA
  • Unparsed Address: 1106 S Lombardy St
  • Zoning Description: R-5
Taxes and HOA Information
  • Parcel Number: W000-0643-014
  • Tax Annual Amount: $3,816.00
  • Tax Assessed Value: $332,000.00
  • Tax Legal Description: 0052.50X0118.00 0000.000
  • Tax Year: 2024
School Information
  • Elementary School: Fox
  • High School: Thomas Jefferson
  • Middle Or Junior School: Dogwood
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 1,824.00
  • Lot Size Acres: 0.1422
  • Lot Size Area: 0.1422
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Duplex
Property and Assessments
  • Number Of Units Total: 1
  • Type of Property: Residential Income
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1957
  • Year Built Details: Approximate
  • CLIP: 1,047,150,675
  • Development Name: Randolph
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Flat
Interior Features
  • Basement: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
Multi Family
Unit 1
  • Unit Type Description 1: Dryer Hookup,Gas Stove,Refrigerator,Washer Hookup,Central Air
  • Unit Type Actual Rent 1: $1,350.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Leased 1: Yes
  • Unit Type Num Full Baths 1: 1
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 912.0
  • Unit Type Actual Rent Range 1: 1350
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1106 South Lombardy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1106 South Lombardy Street

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William Fox Elementary School
PublicPK to 5

Binford Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Open High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of One South Commercial LLC, Justin Sledd

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.