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    Petersburg, VA
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    Petersburg, VA Apartment Buildings for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA Disputanta, VA Chester, VA Chesterfield, VA Chase City, VA North Chesterfield, VA
    6 properties
    Historic Petersburg Apartment Building For Sale
    Updated: Apr 22
    Historic Petersburg Apartment Building For Sale

    23 W Old St, Petersburg, VA 23803

    $1,100,000
    11,000 sqft
    Fully leased, income‑producing five‑unit apartment building.
    Historic adaptive reuse property with original architectural details and modern renovations.
    Expansion potential to add units on the third and fourth floors.
    Prime location on W. Old Street with potential for commercial application.
    Successful history of short‑term rental use in select units.
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    Mixed-Use Entertainment and Apartment Building
    Updated: Apr 11
    Mixed-Use Entertainment and Apartment Building

    136 River St, Petersburg, VA 23803

    Contact for pricing
    8,000 sqft
    8,000 SF sprinklered entertainment facility at 136 River Street
    Two apartments at 112 & 114 River Street: one on the first floor and one on the second floor
    Four apartments at 100‑110 River Street, with possibility of adding two additional apartments
    Additional lot at 431 Third Street for additional parking
    Billboard provides additional income
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    Mixed-Use Redevelopment with Commercial Space
    Mixed-Use Redevelopment with Commercial Space

    39 River St, Petersburg, VA 23803

    Contact for pricing

    Ground-floor events and commissary space with eight second-floor residential units in a historic redeveloped train station.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Loft Apartment Building
    Renovated Loft Apartment Building

    123 Pine St, Petersburg, VA 23803

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    Renovated in 2016 into industrial-chic loft apartments with 40 one-bedroom units and off-street parking.

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    Two-Parcel Multifamily Development Opportunity
    Two-Parcel Multifamily Development Opportunity

    712 & 714 High Street, Petersburg, VA 23803

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    Sale includes a 10-unit two-story building and an adjacent developable lot with approved plans for 12 one-bedroom units.

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    1970s Multifamily Apartment Community
    1970s Multifamily Apartment Community

    20900 Riverterrace Rd, Petersburg, VA 23803

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    Well-maintained multifamily asset built in the 1970s with 128 two-bedroom units.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Colonial Court Townhome Community
    Colonial Court Townhome Community

    900 East Westover Avenue, Colonial Heights, VA 23824

    Contact for pricing

    64 two-bedroom townhomes with forced-air heat and central air, plus on-site parking in a park-like setting.

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    Multifamily
    Multifamily

    4870 Warwick Rd, Richmond, VA 23224

    Contact for pricing
    3.63 AC lot

    Apartment buildings · 3.63 Acres

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    Class A Multifamily Apartment Community
    Class A Multifamily Apartment Community

    1021 Carlisle Ave, Richmond, VA 23231

    Contact for pricing

    Newly constructed apartment community offering one- and two-bedroom flats with in-unit washer and dryer and extensive on-site amenities.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    5000 Owens Way, Prince George, VA 23875

    Contact for pricing

    Apartment building offered for sale with 230 units.

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    Petersburg, VA Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Petersburg, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 19,000 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for two-family homes in Petersburg, VA average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 71K
    Population Growth (5Y) +24.0%
    Median Household Income $61,750
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23803 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $20.20 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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