Thank you so much for taking the extra effort to make our first home purchase successful. You were there guiding us through all the crucial and important steps! You really listened to what we wanted in our home and you found exactly what we were looking for - at an amazing price! If we ever outgrow this home, we'll definitely be calling you! The Freeman Family
It gives me great pleasure in expressing my sincere appreciation for the rare professionalism displayed by agent, Sylvia Lambert, in negotiating the recent sale of my real estate property. Sylvia was undeterred in her efforts to sell the property. She coordinated each and every aspect with precision. She made sure that every detail was covered. In addition, her pleasant disposition and manner made things easier during difficult times. Jerome T. Cater
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$55,000 For Sale
506 Grayson Avenue
Richmond, VA 23222
4 beds, 1 bath | Single Family Home
1,266 sq ft, 0.27 acre lot - MLS# 1723330
Property Photo


This nice Cape is priced $32,900 BELOW assessed value and offers 4 good sized bedrooms and a nice large fenced backyard. It does need some work but has tons of potential and all the charm you will ever need. Wood floors line the living and dining areas, and extend into the hallway and bedrooms. The living room offers a charming fireplace and an abundance of natural light as does the rest of the home. Next to the kitchen is a nice screened patio area that will surely be the coolest place to catch a breeze this summer. There are 2 bedrooms downstairs and 2 more upstairs that will ensure there is lots of space for the whole family. This home needs some work – a coat of fresh paint with some accent wall and refinishing the wood floors will help bring out its charm and appeal. A renovation loan will allow you an opportunity to make some fun updates to the home, such as updating the kitchen and bathroom. HUD homes are sold as-is, with no guarantee or warranty by the Seller, Listing Agent or Broker.


  • Zoning: R3
  • Sq Ft Source: Per Appraiser
  • Siding: Asbestos, Vinyl
  • Sewer: Public Sewer
  • Room Count: 7
  • Roof: Composition, Shingled
  • Property Type: Single Family Home
  • Owned By: Reo
  • Num Rooms Entered: 7
  • New Resale: Resale (Occupied At Least Once)
  • Middle School: Douglas Wilder
  • Sq.Ft.: 1266
  • Stories: 1.5
  • Structure: Block, Concrete
  • Zip Code: 23222
  • Year Built: 1948
  • Year Blt Desc: Actual
  • Water Heater: Electric
  • Water: Public Water
  • Total Baths: 1.00
  • Subdivision/Neighborhood: Confederate Heights
  • Subdivision: Confederate Heights
  • Sub Type: Detached
  • Style: 2-Story, Cape
  • Master Bedroom:
  • Main Type: Single Family
  • Living Room:
  • County/Area: Henrico County
  • Bedrooms: 4
  • Bedroom 4:
  • Bedroom 3:
  • Bedroom 2:
  • Baths (full): 1
  • Basement: Crawl Space
  • Attic: No Attic
  • Area: 32 - Henrico
  • Amt Fin SF: 43.44
  • Dining Room:
  • Elementary School: Laburnum
  • Fenced: Part Fenced
  • Listing Status: Active
  • Kitchen:
  • Interior: 1st Floor Bedroom, Dining Area, Dryer Hookup, Washer Hookup
  • High School: Henrico
  • Heating: Forced Hot Air
  • Heat Fuel: Electric
  • Full Bath Level 1 Desc: Tub & Shower
  • Full Bath Level 1: 1
  • Flooring: Carpet-Part, Wood-Part
  • Fireplace: Non-Working, 1
  • Acres: 0.2656

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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 (c)2017 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
The data on this website was last updated 2017-07-22.