607 Verde Ave

Welcome to 607 Verde Avenue, a rare move-in ready duplex opportunity offering flexibility, income potential, and long-term value in Richmond. Whether you're a first-time homebuyer looking to offset your mortgage, an investor seeking strong rental income, or a family in need of additional living space, this property presents a variety of possibilities. The duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms, for a total of 6 bedrooms and 4 bathrooms. Both units include an open-concept kitchen and living room layout, laminate flooring, and dedicated laundry areas. Additional highlights include bonus storage sheds, a spacious wraparound yard, and plenty of outdoor space for entertaining, gardening, or everyday enjoyment. The functional floor plans provide comfortable and flexible living arrangements suited for owner-occupants, tenants, or multigenerational households. Owner-occupants can take advantage of the opportunity to live in one unit while generating rental income from the other, helping offset monthly housing expenses and build equity over time. Investors will appreciate the property's income-producing potential and projected ~6.73% cap rate, making it an attractive addition to a real estate portfolio. The property also offers a generous driveway with ample off-street parking, providing added convenience for residents and guests. With separate living spaces and flexible use options, the duplex is well-suited for a variety of ownership strategies. Nearby recreational destinations include North Richmond Ballpark and Shields-Reid Park. Don't miss your chance to own a versatile duplex with strong income potential and multiple paths to long-term financial growth.

Days on Market

7 days

Current Status

Active

Original Price

$749,000

List Price

$749,000

On Market Date

Jun 12, 2026

Property Type

2 Houses on Lot

District

1705 -

Zip Code

94801

MLS ID

426138339

APN

409-291-018-3

Year Built

1990

Stories in Building

1

Possession

Close Of Escrow, Subject To Tenant Rights

Data Source

SFAR

Origin MLS System

Bed

6

Bath

4

Jack & Jill, Tub w/Shower Over

Parking

4

No Garage, Private, Side-by-Side, Uncovered Parking Space

SQ FT

1,848

SQ FT Source

Unavailable

Lot SQ FT

5,000.0

Lot Acres

0.1148 Acres

Dining Room

Space in Kitchen

Living Room

Cathedral/Vaulted

Flooring

Laminate, Tile

Heating

Central

Laundry

Hookups Only, Inside Area

Main Level

Bedroom(s), Full Bath(s), Kitchen, Living Room

Possession

Close Of Escrow, Subject To Tenant Rights

Special Listing Conditions

None

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.