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Brick Duplex with Separate Meters
For Sale
$200,000

661-663 Pegram Street, Petersburg, VA 23803

Both residences are leased and have individual electric meters, kitchen appliances, and washer and dryer hookups.

Property Size1,728 SF
Price / SF$115.74
Days on Market31

Property Features for 661-663 Pegram Street

General Information

Standard status Active
Size 1,728 SF
Property subtype Residential Income
Zoning R-2
Occupancy 100%

Financials

Gross Income $21,480
Average Monthly Rent $895

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,295

Amenities

electric stove
refrigerator
washer and dryer hookups

Building Details

Building Size 1,728 SF
Year Built 1929
Buildings 1
Stories 2
Units 2
Construction brick
Listing Agency: Hometown Realty
Listed By: William Coalson · License #0225219209
Source: Freedom1realty
Added: Sep 30 Changed: Oct 29 Last Checked: Oct 29 at 9:07PM

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 Hometown Realty

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Investment Insights

Based on property information with market context.

This brick duplex contains two residences, each with 2 bedrooms, 1 full bath, and approximately 864 square feet. Together, the units provide 1,728 square feet. The property was built in 1929 and has a recently replaced roof. Each residence includes an electric stove, refrigerator, washer and dryer hookups, and its own electric meter. Both units are currently leased.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 full bath, and approximately 864 square feet
  • 1,728 square feet total
  • Brick construction; built in 1929

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

344
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased and have individual electric meters, kitchen appliances, and washer and dryer hookups.
Where is this duplex located?
The property is located at 661-663 Pegram Street Petersburg, VA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 full bath, and approximately 864 square feet; 1,728 square feet total; Brick construction; built in 1929
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