506 Highland Drive

Henrico, VA
$ 369,900 Beds 0 Baths 0 Sq 1,880
Monthly Estimate* How much can I afford?

Welcome to 506 Highland Drive, a duplex offering incredible potential for investors or owner-occupants looking to build equity. Conveniently located just minutes from Richmond International Airport, major highways, shopping, dining, and downtown Richmond, this property features two separate units, each with private utilities and strong income-producing possibilities. The duplex offers approximately 1,880 square feet with multiple bedrooms and baths across both units, providing flexibility for rental income or multi-generational living. Situated on a spacious lot, this property presents a rare opportunity to renovate, customize, and maximize value in a growing area. Whether you're expanding your investment portfolio or searching for a property with long-term upside, 506 Highland Drive is full of potential and ready for your viewing.

Pending

  • Price
  • $ 369,900
  • City
  • Henrico
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Henrico
  • Half Bathrooms
  • 0
  • Area
  • 42 - Henrico
  • Lot Size
  • 0.327 Acres
  • Zip
  • 23075
  • Sqr Footage
  • 1,880
  • Year Built
  • 1947
  • Taxes
  • $ 2438
  • Style
  • MLS#
  • 2615321
Listed By: Megan Joiner with RPM Richmond Metro.
Data Source: Central Virginia Regional MLS (CVRMLS)

Features

General

Sewer PublicSewer
Roof Composition
Appliances ElectricWaterHeater
Architectural Style TwoStory
Construction Materials Block,Concrete,VinylSiding
Year Built 1947
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2025
Percent Ownership Individuals
County Henrico
Property Type ResidentialIncome
Subdivision Name Highland Terrace
Garage Y/N false
Status Pending
High School Highland Springs
Zoning Description R4
NumberOfUnitsTotal 2
MLS Area 42 - Henrico
Lot Size Units Acres
Waterfront Y/N false
Elementary School Fair Oaks
Year Built Details Actual
Tax Annual Amount 2438.54
Middle/Junior High School Elko
Days on Market 17
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 298500
Tax Lot 20
Ownership Type SoleProprietor
Property Sub Type Additional Duplex

Interior Features

Total Stories 2
Basement (Y/N) false
BuyerOfficeEmail [email protected]

Exterior Features

Fencing None
Water Source Public
Lot Size Area 0.327
Lot Size Acres 0.327

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the COLONIAL HEIGHTS, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Fair Oaks Elementary School
Middle School Elko Middle School
High School Highland Springs High School

Price History

6/6/2026 Listed $369,900

Property vs Zip Code Average in 23075

Price
AVG $300K
$370K
Taxes
AVG $2,408
$2,438
Year Built
AVG 1973
1947

506 Highland Drive Henrico, VA is a Single Family Home for sale at $369900 with 1880 sqft and a lot size of 0.327 Acres Acre(s). 506 Highland Drive Henrico has 0 bedrooms, 0 baths and was built in 1947. The property's zip code is 23075 which is in Henrico, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.