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306 N Mulberry Street #U2, Richmond, VA 23220 (MLS # 2602901)

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PRICE $199,950 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 850 sqft
LOT SIZE 5,276 sqft

In the heart of the Fan, just one block from the Virginia Museum of Fine Arts and the Virginia Museum of History & Culture, this well-positioned condominium offers immediate access to one of Richmond's most consistently in-demand rental corridors. The residence includes two bedrooms and a well-designed floor plan suited for strong tenant appeal. The light-filled living room features a decorative (non-working) fireplace and access to a private balcony"”details that enhance marketability without adding maintenance complexity. The layout supports comfortable, low-maintenance living in a neighborhood where walkability drives value. From this address, tenants can reach Carytown, VCU, and downtown Richmond within minutes, along with established dining, shopping, and major commuter routes. Proximity to cultural institutions and employment centers underpins steady rental demand and long-term appreciation potential. For Owner occupants with a strong need to be in this compelling location or investors, this presents a compelling entry point: a lower acquisition cost relative to surrounding Fan inventory while maintaining comparable rental income potential. CASH OFFERS only. The building's non-warrantable status"”due to a concentration of investor-owned units"”limits traditional financing. Take this opportunity to secure this prime location. In a neighborhood where inventory is consistently absorbed, assets at this price point and location are increasingly difficult to find. This is a strategic addition to a Richmond portfolio focused on durable demand and long-term performance.

DAYS ON MARKET 42 LAST UPDATED 3/23/2026
TRACT None YEAR BUILT 1915
COMMUNITY 10 - Richmond COUNTY Richmond City
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Fox
Jr. High School Dogwood
High School Thomas Jefferson

PRICE HISTORY
Prior to Mar 23, '26 $229,950
Mar 23, '26 - Today $199,950


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AMENITIES Insurance, Maintenance Structure, Water
APPLIANCES Cooktop, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Oven, Refrigerator, Washer
AREA 10 - Richmond
BASEMENT Storage Space, Yes
CONSTRUCTION Brick
EXTERIOR Balcony
FIREPLACE Yes
HEAT Electric, Heat Pump
HOA DUES 212|Monthly
INTERIOR High Speed Internet, Master Downstairs, Wired for Data
LOT 5275 sq ft
PARKING On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Colonial
SUBDIVISION None
TAXES 2136
VIEW Yes
VIEW DESCRIPTION City
WATER Public
ZONING R-48
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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Listed with Small & Associates

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 ©2026 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: 3/25/26 5:00 AM PDT

This IDX solution is (c) Diverse Solutions 2026.

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