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531 Mosby Street, Richmond, VA, 23223- Search - Elizabeth Lane Real Estate Inc.

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$160,000
New Listing

531 Mosby Street
Richmond, VA 23223

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Mosby
County:
Richmond City
Listing courtesy of Hometown Realty 8049209535
531 Mosby Street531 Mosby Street531 Mosby Street531 Mosby Street
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Mortgage Calculator

Monthly Payment (Est.)

$730
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Great Chance to build a BRAND NEW Home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP’s needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. 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. Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24’x159’) can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48’x159’) is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market. Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. 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.

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Listing Snapshot
Price 
$160,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.075 Acres
Year Built 
N/A
MLS® Number 
2523307
Status 
Active
Property Tax 
$1,200
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.075
Additional Property Use 
InvestmentMulti-FamilySingle Family
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Utilities 
Water ConnectedCable AvailableNatural Gas AvailableElectricity Available
Water Source 
Public
Zoning 
R-63
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Community Features
MLS Area 
10 - Richmond
Schools
School District
Unknown
Elementary School
Bellevue
Middle School
Martin Luther King Jr.
High School
Armstrong
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 IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.



Last checked 2025-08-22 09:59 PM UTC.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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