407 W Clay St
- Richmond, VA
- $879,959
Year Built
Living Space
Lot Size
Garage Spaces
4,473 Sq.Ft.
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Looking for a smart investment in one of Richmond’s oldest, most vibrant, and most architecturally rich neighborhoods?
Church Hill offers a unique opportunity to own a piece of history while building long-term financial stability. As one of the city’s most sought-after and walkable districts, it’s no surprise that multi-family properties here are in consistent demand — by both renters and buyers alike.
From classic brick duplexes with wide porches and original fireplaces to converted townhomes with three or more units, Church Hill's housing stock is full of architectural detail and historical character. Many properties have already been updated with modern systems, making them move-in ready for tenants or house-hackers looking to offset their mortgage by living in one unit and renting the others.
Beyond the bricks and ROI, Church Hill offers something increasingly rare in urban real estate: community. Residents enjoy tree-lined sidewalks, skyline views, and quick access to neighborhood staples like Sub Rosa Bakery, Alewife, The Roosevelt, and Union Market. Parks like Libby Hill and Chimborazo offer gathering spaces with stunning vistas, while the Virginia Capital Trail and nearby bike lanes make commuting or weekend rides easy.
Proximity to downtown, VCU/MCV, Shockoe Bottom, and major roadways only adds to the long-term value. Whether you’re an investor looking for consistent rental income, a first-time buyer interested in house-hacking, or someone seeking to own property with historic soul and financial potential, Church Hill’s multi-family homes deliver.
This isn’t just an investment in property — it’s an investment in one of Richmond’s most enduring and dynamic neighborhoods.