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Duplex Requiring Renovation
For Sale
$70,000
Pending

632-634 Pegram Street, Petersburg, VA 23803

ResidentialIncome, Petersburg, VA

Property SizeContact for details
Days on Market8

Property Features for 632-634 Pegram Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Garage, On Street
Subdivision Poorhouse Plat
Elementary school Cool Spring
Middle school Vernon Johns
High school Petersburg
Standard status Pending
APN 030090008

Taxes and HOA fees

Tax Year 2025
Tax Description Poorhouse PT LT 69 40X210
Tax Annual Amount 838
Legal Description Poorhouse PT LT 69 40X210

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 1
Building materials Frame, Hardboard
Roof type Shingle
Architectural style Other
Listing Agency: Wheatley Property Management
Listed By: Cliff Wheatley · License #0225088042
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 15 at 12:06AM
MLS# 2623679

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex dates to 1900 and requires a complete renovation. The structure uses frame and hardboard construction, with a shingle roof and garage parking supplemented by on-street parking.

Public water and public sewer serve the property. Located in Petersburg, Virginia, the asset is positioned for an owner or investor prepared to undertake a substantial rehabilitation project.

Key Highlights

  • Duplex built in 1900
  • Complete renovation required
  • Frame and hardboard construction

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 23803, VA

44,377
Population
19,826
Households
2.2
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
72.2 sq mi
ZIP Area
615
Density / Sq Mi
$55,820
Median Household Income
$35,122
Median Earnings
$1,132
Median Rent
$208,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property includes garage and on-street parking with public water and sewer service.
Where is this duplex located?
The property is located at 632-634 Pegram Street Petersburg, VA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Duplex built in 1900; Complete renovation required; Frame and hardboard construction
More about this property
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