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Two-Structure Duplex Property
New
For Sale
$140,000

2132 Hill Street, Petersburg, VA 23803

ResidentialIncome, Petersburg, VA

Property Size1,256 SF
Lot Size0.14 Acres
Price / SF$111.46
Days on Market4

Property Features for 2132 Hill Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-2
Parking features Off Street
Patio and Porch features Porch
Interior features BedroomOnMainLevel
Exterior features Lighting
Fencing Fenced
Appliances ElectricWaterHeater
Subdivision Pembroke
Lot features Level
Elementary school Cool Spring
Middle school Vernon Johns
High school Petersburg
Standard status Active
APN 047-080002
Size 1,256 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KENNILWORTH LOT 15-16
Tax Annual Amount 2328
Legal Description KENNILWORTH LOT 15-16

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Building materials Block, Drywall, Frame, VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Rick Delgado · License #0225234709
Added: Aug 26 Changed: Aug 27 Last Checked: Aug 29 at 9:06PM
MLS# 2623386

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex property includes a primary three-bedroom, one-bath residence and a separate two-bedroom accessory dwelling unit on the same lot. The main house may be suitable for occupancy or rental after minimal repairs, while the rear structure requires a complete remodel. The combined property size is 1,256 square feet on 0.1435 acres.

Both buildings have independent electric meters, with public water and public sewer serving the property. Additional features include off-street parking, a porch, fencing, shingle roofing, and an electric water heater. The structures were built in 1925 and include block, frame, drywall, and vinyl siding construction materials.

Key Highlights

  • Two residential structures on one 0.1435‑acre lot
  • Primary residence includes 3 bedrooms and 1 bathroom
  • Separate rear 2‑bedroom structure requires complete remodeling

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service HVAC Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential structures share one fenced lot and have separate electric meters.
Where is this duplex located?
The property is located at 2132 Hill Street Petersburg, VA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two residential structures on one 0.1435‑acre lot; Primary residence includes 3 bedrooms and 1 bathroom; Separate rear 2‑bedroom structure requires complete remodeling
More about this property
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