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    Petersburg, VA
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    Petersburg, VA Multifamily Properties for Sale

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    Richmond, VA Roanoke, VA Fredericksburg, VA
    12 results
    Historic Duplex in Old Towne
    $279,950
    3,328 SF

    Historic Duplex in Old Towne

    235-237 Grove Avenue, Petersburg, VA 23803

    Duplex in Old Towne Petersburg, perfect for short-term rental.

    • Historic duplex in Old Towne Petersburg, ideal for Airbnb or short‑term rental.
    • Eligible for Historic Tax Credits, potentially recovering up to 45% of renovation costs.
    • Two units, each currently configured as 2‑bedroom, 1‑bath (convertible to 3‑bedroom).
    • Located in Old Towne, offering walkability to local amenities.
    • Features a deck.
    Updated: Apr 21
    View details
    Petersburg Quadplex Investment Opportunity
    $125,000
    3,808 SF

    Petersburg Quadplex Investment Opportunity

    1134 W Washington Street, Petersburg, VA 23803

    3,808 SF quadplex near Virginia State University.

    • Prime investment opportunity: Quadplex with potential for rental income, long‑term investment, or value‑add opportunities.
    • Excellent location: 4 minutes from Virginia State University, 6 minutes from I‑95/I‑85, and 30 minutes from Richmond International Airport.
    • Large attic offers potential for a fifth unit, increasing rental income.
    • Features (2) two‑bedroom/1‑bath units and (2) one‑bedroom/1‑bath units.
    • Historic charm: Built in 1910.
    Updated: Apr 6
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    Petersburg Duplex Investment Opportunity
    $120,000
    1,568 SF

    Petersburg Duplex Investment Opportunity

    Duplex in Petersburg, ready for renovation or redevelopment.

    606-608 Cameron Street, Petersburg, VA 23803
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    Petersburg Duplex: Investment Opportunity
    $260,000
    1,712 SF

    Petersburg Duplex: Investment Opportunity

    Duplex in historic Petersburg with income potential near shopping and casino.

    215 Saint Andrew Street, Petersburg, VA 23803
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    Petersburg Historic District Brick Duplex
    $199,000
    2,980 SF

    Petersburg Historic District Brick Duplex

    All brick duplex in Petersburg's Historic District.

    625 W Washington Street, Petersburg, VA 23803
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    Historic Old Towne Mixed-Use Building
    $389,000
    2,900 SF

    Historic Old Towne Mixed-Use Building

    Circa-1820 brick building in downtown Petersburg with income potential.

    124 W Bank St, Petersburg, VA 23803
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    Petersburg Super Duplex Best Buy
    $218,975
    2,232 SF

    Petersburg Super Duplex Best Buy

    Large duplex in Petersburg, ready for minimal work.

    125 Chappell Street, Petersburg, VA 23803
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    Income-Producing Triplex in Petersburg
    $149,950
    2,261 SF

    Income-Producing Triplex in Petersburg

    Triplex with separate electric meters, ideal for maximizing rental income.

    2201-2203 Ferndale Avenue, Petersburg, VA 23803
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    Historic Petersburg Apartment Building For Sale
    $1,100,000
    11,000 SF

    Historic Petersburg Apartment Building For Sale

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

    23 W Old St, Petersburg, VA 23803
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    Petersburg Quadplex Investment Opportunity
    $125,000
    3,808 SF

    Petersburg Quadplex Investment Opportunity

    Quadplex near Virginia State University, ideal for rental income.

    1134 W Washington St, Petersburg, VA 23803
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    Income-Producing Triplex in Petersburg
    $149,950
    2,200 SF

    Income-Producing Triplex in Petersburg

    Triplex with separate electric meters, ideal for rental income.

    2201-2203 Ferndale Ave, Petersburg, VA 23803
    View details
    Loft Apartments in Petersburg, VA
    $6,600,000
    67,882 SF

    Loft Apartments in Petersburg, VA

    Redeveloped multifamily community with 62 loft-style apartments.

    1131 Commerce St, Petersburg, VA 23803
    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 12 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Colonial Heights Quad Apartment Building
    $540,000
    3,504 SF

    Colonial Heights Quad Apartment Building

    Well-maintained quadplex with a desirable unit mix in Colonial Heights.

    161 Lakeview Park Road, Colonial Heights, VA 23834
    View details
    Income-Producing Duplex with Garage
    $329,900
    1,624 SF

    Income-Producing Duplex with Garage

    All-brick duplex with two rented units and detached garage.

    9822 Brandywine Avenue, North Chesterfield, VA 23237
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    Well-Maintained Brick Quad Apartment Building
    $540,000

    Well-Maintained Brick Quad Apartment Building

    All-brick quad apartment building with a desirable unit mix.

    161 Lakeview Park Rd, Colonial Heights, VA 23834
    View details
    North Chesterfield Multifamily Property
    $255,000
    1,607 SF

    North Chesterfield Multifamily Property

    Multifamily property in North Chesterfield, Virginia, with 1607 square feet.

    2842 Goolsby Avenue, North Chesterfield, VA 23234
    View details

    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
    $274,900
    37.53 Acres

    Blackstone VA Land Opportunity

    37.53 acres in Blackstone, VA with development potential.

    Nottoway Ave, Blackstone, VA 23824
    View details
    Residential Land in Crewe, VA
    Contact for pricing
    0.88 Acres

    Residential Land in Crewe, VA

    Nearly 1-acre lot approved for manufactured home.

    East Colonial Trail Highway, Crewe, VA 23930
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    Three Acre Wooded Residential Lot
    Contact for pricing
    3.00 Acres

    Three Acre Wooded Residential Lot

    Three acre wooded lot suitable for mobile or modular homes.

    0 Dry Bread Rd, Emporia, VA 23847
    View details
    Lawrenceville Land with Building Potential
    Contact for pricing
    2.05 Acres

    Lawrenceville Land with Building Potential

    2.05 acre lot suitable for building a home.

    000 Greentown Drive, Lawrenceville, VA 23868
    View details

    Off-Market Properties in Petersburg, VA

    Consider similar Off-Market properties in Petersburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2325 Allstate Dr

    2325 Allstate Dr

    MOBILE HOME PARK, TRAILER PARK • 16.50 Acres
    Value Estimation by Request
    2325 Allstate Dr, Petersburg, VA 23805
    View details

    Petersburg, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 13 multifamily properties for sale in Petersburg, VA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 87,971 square feet of properties for sale, with an estimated market value of $8,102,825.

    Sale prices for multifamily properties in Petersburg, VA start at $120,000, averaging $900,313, and reaching up to $6,600,000 — 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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