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    529 Harrison St Petersburg, VA 23803

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    For Sale
    $183,500

    Triplex in historic district with long-term equity potential.

    Lot size:
    0.19 Acres

    Property Features for 529 Harrison St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1906

    Source: Catherine Roxas Fleishman Agent Catherine R. Fleishman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Poplar Lawn Triplex Opportunity

    Located in the Poplar Lawn historic district, this multi-unit triplex at 529, 530, and 531 Harrison St presents an investment opportunity. The property, totaling 2,678 sq ft, features two levels on a corner lot and consists of three one-bedroom units. This property offers long-term equity potential, along with rental income. Adding a garage or a porch is permissible on the lot. One potential strategy is for the owner to occupy one unit and generate rental income to build savings for purchasing more multi-family properties.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -77.401764
    Latitude
    37.218845

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    FAQs

    What type of property is this?
    Triplex - Triplex in historic district with long-term equity potential.
    Where is this triplex located?
    The property is located at 529 Harrison St Petersburg, VA.
    What is the asking price?
    The asking price for this property is $183,500.
    What are key features of this property?
    This property features: - Triplex in the Poplar Lawn historic district.; - Investment opportunity with long-term equity potential.; - Rental income potential from 3 one-bedroom units.
    (240) 542-9863
    Request Owner's contact information
    529 Harrison 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
    529 Harrison St Petersburg, VA 23803
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