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406 23rd St

Richmond, VA 23223

4 bd 2 ba 2,506 sqft Built 1910 Lot 2,465 sqft single_family
Most recent sale
$350,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $350,000 MLS #2213308
Jun 2, 2022 Listed $349,900 MLS #2213308
Dec 29, 1997 Sold $78,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $271,000 $100,000 $371,000 $4,452
2024 $260,000 $95,000 $355,000 $4,260
2023 $243,000 $95,000 $338,000 $4,056
2022 $233,000 $70,000 $303,000 $3,636
2021 $222,000 $55,000 $277,000 $3,324
2020 $220,000 $55,000 $275,000 $3,124
2019 $198,000 $55,000 $253,000 $3,036
2018 $184,000 $55,000 $239,000 $2,868
2017 $198,000 $40,000 $238,000 $2,856
2016 $195,000 $40,000 $235,000 $2,820
2015 $176,000 $40,000 $216,000 $2,592
2014 $148,000 $40,000 $188,000 $4,785
2013 $148,000 $42,000 $190,000 $4,835
2011 $183,000 $42,000 $225,000 $2,700
2010 $183,000 $42,000 $225,000 $27,000
2009 $183,100 $42,000 $225,100 $2,701
2008 $205,100 $42,000 $247,100 $2,965

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,506 sqft
Lot size
2,465 sqft
ZIP code
23223
City
Richmond
Street
23rd St
Coordinates
37.53413, -77.41963

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,759
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value

Frequently asked questions

When did 406 23rd St last sell?
406 23rd St most recently sold on Jul 18, 2022 for $350,000.
What is the current tax assessment for 406 23rd St?
The most recent total assessment for 406 23rd St (year 2025) is $371,000 with $4,452 in property tax.
How does 406 23rd St's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $350,000.
When was 406 23rd St built?
406 23rd St was built in 1910.
How does 406 23rd St compare to others on 23rd St?
We track 8 other properties on 23rd St. Browse the list under "Other properties on 23rd St" to compare beds, baths, and sale history.
What are the property facts for 406 23rd St?
406 23rd St is a 4 bed, 2 bath, 2,506 sqft, 2,465 sqft lot single_family.
Is 406 23rd St a flip candidate?
No — 406 23rd St does not appear in our flips dataset.
Is 406 23rd St a tax-appeal candidate?
No — 406 23rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$459.3K
2026 Q4
$477.4K
ZIP 23223 — Median Price History + Forecast

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