Historic Multifamily
New
For Sale
$390,000
115-117 S Market St, Petersburg, VA 23803
A partially updated main residence is paired with a separate rear rental unit and additional space for restoration.
Property Size4,874 SF
Price / SF$80.02
Days on Market2
Property Features for 115-117 S Market St
General Information
Standard status
Active
Size
4,874 SF
Property Condition
Severity
Major Repairs Needed
Evidence
gutted
Units
Unit Mix
1 x 2BR/3BA, 1 x 1BR
Multifamily Units
2
Building Details
Year Built
1850
Buildings
2
Listing Agency:
Parr & Abernathy Realty, Inc.
Listed By:
Bill Hartsock · License #0225049484
(804) 524-9001
Source:
Riverfoxrealty
Added: Sep 26
Last Checked: Sep 26 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parr & Abernathy Realty, Inc.
Investment Insights
Based on property information with market context.
Dating to circa 1850, this 4,874-square-foot residence is arranged with a two-bedroom, three-bath living area in one section of the main building. The other section has been stripped back and is ready for restoration. Original woodwork and materials remain, and a full basement has a sealed concrete floor. A separate one-bedroom unit sits behind the main residence and is ready for occupancy as a rental.
The property is located at 115-117 S Market St in Petersburg’s historic districts. A large rear lot provides off-street parking. The stated use possibilities include residential, multifamily residential, and business purposes.
The property is located at 115-117 S Market St in Petersburg’s historic districts. A large rear lot provides off-street parking. The stated use possibilities include residential, multifamily residential, and business purposes.
Key Highlights
- 4,874‑square‑foot residence dating to circa 1850
- Main building includes a two‑bedroom, three‑bath living area and a section ready for restoration
- Separate rear unit has one bedroom and is ready for rental occupancy
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A partially updated main residence is paired with a separate rear rental unit and additional space for restoration.
Where is this residential income property located?
The property is located at 115-117 S Market St Petersburg, VA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 4,874‑square‑foot residence dating to circa 1850; Main building includes a two‑bedroom, three‑bath living area and a section ready for restoration; Separate rear unit has one bedroom and is ready for rental occupancy
