PhilRussell
BEDS0
BATHS
SQUARE FEET1,502
MLS#2604546
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBattleground Addition
Property Description
Versatile, updated, and full of opportunity! This 4-bedroom, 2-bath property offers a flexible duplex-style layout ideal for homeowners, multi-generational living, or income-producing potential. The main level features a 3-bedroom, 1-bath unit with comfortable living space and functional flow. The second level includes a private 1-bedroom, 1-bath suite complete with its own kitchen and separate entrance - offering excellent privacy for guests, extended family, or rental use. This property is being sold fully furnished, making it a true turnkey opportunity. The upstairs unit is currently leased, providing immediate cash flow, while the main unit has performed as a top short-term rental in the Hopewell area. The property generated $42,313.43 in gross income in 2025, offering proven performance and immediate investment appeal. Located with convenient proximity to Fort Gregg-Adams, the property benefits from consistent rental demand and supports a variety of strategies including short-term, mid-term, or long-term rental use. Clean, nicely updated, and ready for continued operation, this as-is property offers flexibility that's hard to find - whether you're looking to live in one space and lease the other, accommodate extended family, or expand your investment portfolio.
Property Features
Property Type: Multi Unit - Multiple
Fenced: Yes
Home Style: Cape Cod
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,586
Year Built: 1946
Amenities
Storage
Shed
Feature Descriptions
Days on Site: 2
Exterior: Drywall, Vinyl Siding, Wood Siding
Fencing: Fenced, Full
Laundry: Washer Hookup, Dryer Hookup, Stacked
Lot: Corner Lot
Parcel#: 013-2165
Sewer: Public Sewer
Units: 2
Water: Public
Local Schools
High School: Hopewell
Middle School: Carter G. Woodson
Elementary School: Dupont
Listed By / Shown By
Listed By
Agency Name: Real Broker LLC
Agency Contact: membership@therealbrokerage.com
Shown By
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
Estimate Your Payment
Estimated Payment
$ 2,033.36 per month $1,718.72 Principal & Interest $215.50 Property Tax $99.14 Homeowner's InsuranceChange Payment Information
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401 S 20th Avenue | MLS# 2604546
This multi-family property located at 401 S 20th Avenue , Hopewell, VA 23860 is currently listed for sale with an asking price of $339,900. Search Hopewell real estate on www.philrussellrealtor.com today.