Duplex with Separate
For Sale
Contact for pricing
1551 Berkeley Ave, Petersburg, VA 23805
Duplex with individually metered electric and gas, offering a 1-bed and a 2-bed unit.
Property SizeContact for details
Days on Market121
Property Features for 1551 Berkeley Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
The Gaulden Group
Listed By:
David Gaulden · License #VA 0225242380
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 3:37AM
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 The Gaulden Group
Investment Insights
Based on property information with market context.
This duplex includes two residential units: a downstairs 1-bedroom, 1-bath unit and an upstairs 2-bedroom, 1-bath unit. Each unit is individually metered for electric and gas. The owner/landlord pays for water, sewer, and trash. Tenant occupancy is already established, with the downstairs tenant on a month-to-month arrangement and the upstairs tenant having recently renewed for a 1-year term.
Located in the Walnut Hills neighborhood of Petersburg, Virginia, the property is offered for sale with the parcel and all improvements conveyed in as-is condition.
The current configuration provides investors a straightforward two-unit rental setup. The listing describes multiple investor approaches, including long-term hold or other value-focused strategies, with all details subject to further disclosure.
Located in the Walnut Hills neighborhood of Petersburg, Virginia, the property is offered for sale with the parcel and all improvements conveyed in as-is condition.
The current configuration provides investors a straightforward two-unit rental setup. The listing describes multiple investor approaches, including long-term hold or other value-focused strategies, with all details subject to further disclosure.
Key Highlights
- Duplex in Walnut Hills, Petersburg, VA with a 1‑bed/1‑bath downstairs unit and a 2‑bed/1‑bath upstairs unit
- Electric and gas are individually metered for each unit
- Owner/landlord pays water, sewer, and trash
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 23805, VA
19,656
Population
9,272
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
275
Density / Sq Mi
$65,811
Median Household Income
$40,759
Median Earnings
$1,207
Median Rent
$208,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with individually metered electric and gas, offering a 1-bed and a 2-bed unit.
Where is this duplex located?
The property is located at 1551 Berkeley Ave Petersburg, VA.
What are key features of this property?
This property features: Duplex in Walnut Hills, Petersburg, VA with a 1‑bed/1‑bath downstairs unit and a 2‑bed/1‑bath upstairs unit; Electric and gas are individually metered for each unit; Owner/landlord pays water, sewer, and trash
