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Two-Unit Brick Duplex
For Sale
$200,000

661-663 Pegram Street, Petersburg, VA 23803

ResidentialIncome, Petersburg, VA

Property Size1,728 SF
Lot Size0.17 Acres
Price / SF$115.74
Days on Market9

Property Features for 661-663 Pegram Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-2
Subdivision Poorhouse Plat
Elementary school Pleasants Lane
Middle school Vernon Johns
High school Petersburg
Directions From Halifax Street, take Lee Avenue to Pegram Street. Continue to 661 Pegram St
Standard status Active
APN 030-110047
Size 1,728 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description P H PLAT PT 50 47 X 157
Tax Annual Amount 1295
Legal Description P H PLAT PT 50 47 X 157

Utilities

Sewer type Public Sewer
Water source Public

Amenities

electric stove
refrigerator
washer and dryer hookups
separate electric meter

Building Details

Year built 1929
Floors in Building 2
Number of units 2
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Hometown Realty
Listed By: William Coalson · License #0225219209
Added: Sep 30 Changed: Oct 8 Last Checked: Oct 8 at 8:06AM
MLS# 2626602

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 brick duplex contains two apartments, each with 2 bedrooms, 1 full bath, and approximately 864 square feet. Together, the units total 1,728 square feet. Each has an electric stove, refrigerator, washer and dryer hookups, and a separate electric meter. The property was built in 1929 and has a shingle roof that was recently replaced.

Both apartments are occupied under leases. The parcel measures 0.1694 acres and is served by public water and public sewer.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bath
  • Approximately 864 square feet per unit; 1,728 square feet total
  • Brick construction; built in 1929

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Parking Lot & Garage Big Box & Wholesale Store

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
100%
Occupancy
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both apartments are leased and have separate electric meters, with washer and dryer hookups in each.
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 apartments, each with 2 bedrooms and 1 full bath; Approximately 864 square feet per unit; 1,728 square feet total; Brick construction; built in 1929
More about this property
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