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529 Mosby Street, Richmond, VA 23223 (MLS # 2526036)

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PRICE $199,950 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,261 sqft
LOT SIZE 6,055 sqft

Great chance to buy a home in R-63 zoning in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood. By Right options include renovating the existing home and adding an ADU, building up to 5 additional units as a multifamily, or making the current home a detached two family dwelling. NO SUP needed - giving homeowners, investors, builders, and developers tremendous flexibility. Whether your goal is to build to sell or build to rent, the options are endless. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill's favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the existing structure on the lot (48'x159') is primed for a major renovation or a large addition with an ADU. Restoring and expanding the current building could yield a high-value resale or long-term rental. This unusually deep city lot also provides room for off-street parking from the alley and generous outdoor space -features that are increasingly rare and highly desirable in this market. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don't miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city's most dynamic locations!!

DAYS ON MARKET 2 LAST UPDATED 9/17/2025
TRACT None YEAR BUILT 1900
COMMUNITY 10 - Richmond COUNTY Richmond City
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Bellevue
Jr. High School Martin Luther King Jr.
High School Armstrong


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
AREA 10 - Richmond
BASEMENT Crawl Space
CONSTRUCTION Frame, Other
GARAGE Yes
HEAT Other
LOT 6055 sq ft
PARKING No Garage, Off Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION None
TAXES 2748
WATER Public
ZONING R-63
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Hometown Realty

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Last Updated: 9/17/25 4:46 PM PDT

This IDX solution is (c) Diverse Solutions 2025.

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