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    703-705 Harding St Petersburg, VA 23803

    For Sale
    $229,000

    MULTI_FAMILY - Other - Petersburg, VA

    Property size:
    2,048 SF
    Lot size:
    0.06 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 703-705 Harding St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    031-200049
    Parking features
    Off Street
    Appliances
    GasWaterHeater
    Size
    2,048 SF
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Well

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

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

    Listing agent Norris Hardy (804) 518-0500 License #0225215961

    Listing date Nov 25, 2025

    MLS# 2528146 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 Multifamily Portfolio Opportunity

    This multifamily portfolio for sale in Petersburg, Virginia, consists of four duplexes, totaling eight units. Each unit features two bedrooms and one bathroom. Tenants are responsible for all utilities. The portfolio includes properties located at 631, 635, 703, and 707 Harding Street. The properties are being sold in as-is condition. Inspections are welcome, but showings of occupied units will be limited until inspections are completed. The seller prefers to sell all four duplexes as a package deal. Currently, all units are rented except for three. The properties are situated side by side on Harding Street. The total property size is 2048 square feet, situated on a lot of approximately 0.062 acres. This presents an opportunity to invest in Petersburg, where there is a growing need for housing.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.404561
    Latitude
    37.216735

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    FAQs

    What type of property is this?
    Duplex - Turn-key multifamily portfolio with eight doors in Petersburg, Virginia.
    Where is this duplex located?
    The property is located at 703-705 Harding St Petersburg, VA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Turn-key rental portfolio consisting of 4 duplexes (8 doors total).; - Tenants pay all utilities.; - Opportunity to acquire 4 side-by-side duplexes on Harding St.
    (804) 518-0500
    Request Owner's contact information
    703-705 Harding 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
    703-705 Harding St Petersburg, VA 23803
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