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3 Beds
1 Bath
1,008 sqft

$130,000

2827 Montecrest Ave, Richmond VA, 23234

Price per sqft$128.97
Built in1986
Property size1,008 sqft
Property typeResidential

Overview

Active

Listed Oct 21, 2026

Updated 4h ago

**Investor Special – Diamond in the Rough with Profit Potential!** Opportunity knocks in South Richmond! This 3-bedroom, 1-full-bath rancher offers investors, renovators, and savvy buyers an excellent opportunity to build equity and potentially realize a solid return through renovation and improvements. Situated on a block featuring mostly renovated and updated homes, this property offers the chance to bring new life to a home in an established neighborhood where surrounding improvements help showcase the area's potential. With the right vision, renovation plan, and sweat equity, this diamond in the rough could be an excellent addition to your investment portfolio or is perfect for savvy buyers of all types. The home was inherited and is being sold **AS-IS, WHERE-IS**, presenting an opportunity for buyers prepared to take on a renovation project. The exceptionally attractive price reflects the property's potential and creates an opportunity for those with the time, resources, and know-how to transform a property and pursue a profitable resale, a long-term investment or a wonderful new renovated personal home. Well-priced renovation opportunities like this can be hard to find. If you've been searching for your next fix-and-flip, investment property, or sweat-equity project, this South Richmond rancher deserves a closer look. Bring your contractor, run your numbers, and envision the possibilities! **Priced to attract attention and offering plenty of potential, this property is expected to generate significant interest.** Don't wait—contact your buyer's agent and schedule your showing as soon as possible. Opportunities like this may not last long!

$865/mo

Est. mortgage payment based on a $130,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2628566

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$2,124
Tax Frequency
Annually

Listed by Neumann & Dunn Real Estate, Rick Stockel, (804) 218-3143 

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 listings are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 10/21/2026

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