Two-Structure Multifamily
For Sale
$115,000
2132 Hill St, Petersburg, VA 23803
Separate electric meters serve a three-bedroom main house and a rear ADU with additional residential space.
Property Size1,256 SF
Price / SF$91.56
Days on Market47
Property Features for 2132 Hill St
General Information
Standard status
Active
Size
1,256 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
The ADU is gutted
Units
Unit Mix
3BR/1BA, 2BR
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1925
Buildings
2
Listing Agency:
EXP Realty LLC
Listed By:
Rick Delgado · License #0225234709
(804) 298-5802
Source:
Riverfoxrealty
Added: Sep 9
Changed: Oct 11
Last Checked: Oct 5 at 8:11PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This multifamily property includes two residential structures on one lot. The primary house has three bedrooms and one bathroom and can be occupied or leased after cosmetic repairs. A second structure at the rear functions as a two-bedroom ADU and is currently gutted, requiring a complete remodel. Each building has its own electric meter, providing separately metered electrical service.
Built in 1925, the property is located at 2132 Hill St in Petersburg, Virginia. The two-building configuration offers a main residence along with additional residential space in the rear structure, subject to completion of the required renovation work.
Built in 1925, the property is located at 2132 Hill St in Petersburg, Virginia. The two-building configuration offers a main residence along with additional residential space in the rear structure, subject to completion of the required renovation work.
Key Highlights
- Two residential structures on one lot
- Main house with 3 bedrooms and 1 bathroom
- Rear 2‑bedroom ADU is gutted and requires complete remodeling
Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Separate electric meters serve a three-bedroom main house and a rear ADU with additional residential space.
Where is this multifamily property located?
The property is located at 2132 Hill St Petersburg, VA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Two residential structures on one lot; Main house with 3 bedrooms and 1 bathroom; Rear 2‑bedroom ADU is gutted and requires complete remodeling
