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    Petersburg County, VA Multifamily Properties for Sale

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    Renovated Two-Unit Duplex
    Updated: May 12
    Renovated Two-Unit Duplex

    749 Mt Airy Street, Petersburg, VA 23803

    $209,950
    1,296 sqft 0.12 AC lot
    Fully rented duplex at 749 Mt. Airy Street with Unit A and Unit B both occupied by tenants
    Two 2‑bedroom, 1‑bath units; total monthly rental income is $1,875 ($875 Unit A, $1,000 Unit B)
    Built in 1974 and renovated in 2014; front‑to‑back ranch duplex
    Tenants pay all utilities; owner responsibilities listed as lawn maintenance only
    Each unit includes baseboard electric heat, window A/C, electric range, and refrigerator
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    This listing looks promising.

    Here's a quick look at some key insights for

    749 Mt Airy Street, Petersburg, VA 23803

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $244K
      Above asking

    • Property Type

      Duplex
      Built 1974
    View Property Analytics
    Vacant Duplex Income Property
    Updated: Jul 26
    Vacant Duplex Income Property

    215 Saint Andrew Street, Petersburg, VA 23803

    $225,000
    1,712 sqft 0.17 AC lot
    Duplex built in 1914 with two rental units in Petersburg’s Historic area
    Unit A: 2 bedrooms and 1 full bath; currently vacant
    Unit B: 3 bedrooms and 1 full bath; currently vacant
    Metal roof; block and HardiplankType construction
    Public utilities: public water and public sewer; electric water heater
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    Colonial Duplex with Two 2BR Units
    Colonial Duplex with Two 2BR Units

    927 Farmer Street, Petersburg, VA 23803

    $199,800
    1,758 sqft 0.12 AC lot

    Colonial duplex for sale featuring two rented 2-bedroom, 1-bath units with baseboard heat and window AC.

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    Updated Duplex with Two Yards
    Updated Duplex with Two Yards

    2025-2027 Ferndale Avenue, Petersburg, VA 23803

    $295,000
    2,496 sqft 0.35 AC lot

    Well-maintained duplex offers two 2-bedroom units, updated roof, new flooring, and private front porches.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Petersburg Apartment Building For Sale
    Historic Petersburg Apartment Building For Sale

    23 W Old St, Petersburg, VA 23803

    $1,100,000
    11,000 sqft

    Five-unit apartment building with historic charm and modern upgrades.

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    Two-Unit Duplex for Renovation
    Two-Unit Duplex for Renovation

    606-608 Cameron Street, Petersburg, VA 23803

    $99,000
    1,568 sqft 0.08 AC lot

    Two-unit duplex built in the 1920s, sold as-is, offered for renovation or redevelopment subject to local zoning.

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    All-Brick Duplex with Colonial Style
    All-Brick Duplex with Colonial Style

    625 W Washington Street, Petersburg, VA 23803

    $195,000
    2,980 sqft 0.14 AC lot

    All-brick duplex with two units, porch, and public water and sewer.

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    1970s Multifamily Apartment Community
    1970s Multifamily Apartment Community

    20900 Riverterrace Rd, Petersburg, VA 23803

    Contact for pricing

    Well-maintained multifamily asset built in the 1970s with 128 two-bedroom units.

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    Multifamily Apartment Community
    Multifamily Apartment Community

    450 Van Buren Dr, Petersburg, VA 23803

    Contact for pricing

    Mix of two- and three-bedroom units with in-unit washer and dryer connections and community clubhouse and playground.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Petersburg County, VA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Blackstone VA Land Opportunity
    Blackstone VA Land Opportunity

    Nottoway Ave lot: 9, Blackstone, VA 23824

    $274,900
    37.53 AC lot

    37.53 acres in Blackstone, VA with development potential.

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    Three Acre Wooded Lot
    Three Acre Wooded Lot

    Dry Bread Rd lot: Parcel A-2, Emporia, VA 23847

    Contact for pricing
    3.00 AC lot

    Three-acre wooded lot in Greensville County, mobile homes permitted.

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    Lawrenceville Land Parcel For Sale
    Lawrenceville Land Parcel For Sale

    Greentown Drive, Lawrenceville, VA 23868

    Contact for pricing
    2.05 AC lot

    2.05 acre wooded lot with completed perk testing.

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    Two Acre Buildable Wooded Lot
    Two Acre Buildable Wooded Lot

    23RA Vessels Road, King William, VA 23126

    $70,000
    2.00 AC lot

    Two-acre wooded lot, ideal for building a dream home.

    View details

    Petersburg County, VA Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Petersburg County, VA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 22,810 square feet of properties for sale, with an estimated market value of $2,323,750.

    Sale prices for multifamily properties in Petersburg County, VA start at $99,000, averaging $331,964, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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