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    125 Chappell St Petersburg, VA 23803

    For Sale
    $225,000

    MULTI_FAMILY - Other - Petersburg, VA

    Property size:
    2,232 SF
    Lot size:
    0.11 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 125 Chappell St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    029-050019
    Parking features
    On Street
    Interior features
    EatInKitchen, LaminateCounters
    Fencing
    Fenced
    Appliances
    ElectricWaterHeater
    Size
    2,232 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Building materials
    Drywall, VinylSiding, WoodSiding
    Roof type
    Metal
    Architectural style
    Other

    Weichert Realtors Brockwell and Portwood (804) 518-0500 [email protected]

    Listing agent Kenneth Byers (804) 518-0500 License #0225273763

    Listing date Nov 25, 2025

    MLS# 2531100 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Petersburg Super Duplex Best Buy

    This large duplex in Petersburg offers 2232 square feet of living space. While tax records indicate two-bedroom units, the first floor includes a room that could be converted into a third bedroom with the addition of a closet. The property features vinyl siding, a new roof, HVAC, and hardwood floors. One unit is currently occupied by a tenant who is moving out at the end of the year. Market rents for similar three-bedroom units with HVAC range from $1500 to $1800 or more. Located in Petersburg, the property is situated on a lot of approximately 0.1074 acres. The property is being sold in as-is condition, with inspections for informational purposes only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.423504
    Latitude
    37.22045

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    FAQs

    What type of property is this?
    Duplex - Large duplex in Petersburg with potential for high rental income.
    Where is this duplex located?
    The property is located at 125 Chappell St Petersburg, VA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Large duplex with 2232 sq ft of living space; - New roof and HVAC system; - Potential to convert a room into a 3rd bedroom in each unit
    (804) 518-0500
    Request Owner's contact information
    125 Chappell St Petersburg, VA 23803
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    Petersburg, VA 23803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Chappell St Petersburg, VA 23803
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