Petersburg, VA Residential Income Properties for Sale

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Prince George, VA Hopewell, VA Colonial Heights, VA Disputanta, VA Chesterfield, VA Chester, VA Chase City, VA North Chesterfield, VA

21 properties

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Updated: Sep 13

Renovated Duplex with Separate Entrances

840 Commerce Street, Petersburg, VA 23803

$315,000

1,896 sqft 0.21 AC lot

1,896‑square‑foot duplex with one unit on each floor
Separate entrances provide independent access to both residences
Roof, appliances, flooring, HVAC, plumbing, and electrical updated since 2024
Currently tenant occupied
Built in 1860 with vinyl and wood siding

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Updated: Aug 26

Two-Structure Duplex Property

2132 Hill Street, Petersburg, VA 23803

$130,000

1,256 sqft 0.14 AC lot

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
Combined property size of 1,256 Square Feet
Independent electric meters for both structures

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Renovated Duplex with Two Units

749 Mt Airy Street, Petersburg, VA 23803

$195,000

1,296 sqft 0.12 AC lot

Fully occupied two-bedroom units with tenant-paid utilities and public water and sewer service.

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See what stands out in Prince George County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Renovated Two-Unit Duplex

749 Mt Airy St, Petersburg, VA 23803

$195,000

1,296 sqft

Fully occupied income property with separate residential units, tenant-paid utilities, and limited owner maintenance responsibilities.

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Renovated Duplex with Two Units

927 Farmer Street, Petersburg, VA 23803

$199,850

1,758 sqft 0.12 AC lot

Vacant apartments offer flexible occupancy or leasing options in Petersburg.

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Renovated Duplex

115 Pine Street, Petersburg, VA 23803

$380,000

2,780 sqft 0.20 AC lot

Two-unit residential property with updated interiors and separate three-bedroom layouts.

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Vacant Two-Unit Duplex

215 Saint Andrew Street, Petersburg, VA 23803

$215,000

1,712 sqft 0.17 AC lot

Two vacant units offer a two-bedroom and three-bedroom configuration in Petersburg's Historic area.

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Two-Structure Multifamily Property

2132 Hill St, Petersburg, VA 23803

$130,000

1,256 sqft

Separate electric meters serve a three-bedroom main house and a rear ADU with additional residential space.

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Updated Duplex with Front Porches

2025-2027 Ferndale Avenue, Petersburg, VA 23803

$295,000

2,496 sqft 0.35 AC lot

Two separately configured residences offer flexible rental or owner-occupant use with refreshed interiors and private outdoor space.

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Mixed-Use Event and Apartment Property

136 River Street, Petersburg, VA 23803

$1,450,000

1.50 AC lot

Property package combines an established event facility, residential apartments, and additional parking in Petersburg’s River Street area.

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Historic-Area Duplex

215 Saint Andrew St, Petersburg, VA 23803

$215,000

1,712 sqft

Two vacant residences offer a two-bedroom and three-bedroom layout in Petersburg near shopping, dining, highways, and Fort Gregg-Adams.

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Duplex Requiring Renovation

632-634 Pegram Street, Petersburg, VA 23803

$70,000

The property includes garage and on-street parking with public water and sewer service.

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Renovated Duplex

1108 6th St, Petersburg, VA 23803

$229,000

1,340 sqft

Two residential units each offer two bedrooms and one full bathroom in a recently renovated configuration.

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Two-Story Duplex

927 Farmer Street, Petersburg, VA 23803

$199,850

1,758 sqft

The property carries R-3 zoning and includes off-street parking.

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Updated Duplex with Front Porches

2025-2027 Ferndale Avenue, Petersburg, VA 23803

$295,000

2,496 sqft

Two residential units offer flexible occupancy, refreshed interiors, and private outdoor areas.

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Tenant-Occupied Duplex

526 S Dunlop St, Petersburg, VA 23803

$230,000

2,032 sqft

Two-unit residential income property with a 3-bedroom upper residence and a separate 2-bedroom lower residence.

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Duplex with Separate Entrances

136 Marshall St, Petersburg, VA 23803

$189,000

2,168 sqft

Vacant two-bedroom units feature individual mini-split systems, public water and sewer, and a corner-lot setting.

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Fully Renovated Duplex

115 Pine St, Petersburg, VA 23803

$380,000

2,780 sqft

Two updated residential units each provide three bedrooms and one-and-a-half bathrooms.

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Historic Petersburg Apartment Building For Sale

23 W Old St, Petersburg, VA 23803

Contact for pricing

10,858 sqft

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

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Mixed-Use Event and Residential Property

136 River St, Petersburg, VA 23803

$1,450,000

Property package combines an event facility, apartments, and additional parking across multiple parcels.

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Renovated Historic Triplex

Petersburg, VA 23803

$330,000

3,799 sqft

Three separate units combine historic character with updated systems and newly installed kitchen appliances.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Petersburg, VA, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

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.

MOBILE HOME PARK, TRAILER PARK

2325 Allstate Dr, Petersburg, VA 23805

Estimated value:

$365,000

16.50 AC lot

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Petersburg, VA Residential Income Properties Market Trends and Statistics

Explore 22 residential income properties for sale in Petersburg, VA, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 44,689 square feet of properties for sale, with an estimated market value of $7,092,700.

Sale prices for residential income properties in Petersburg, VA start at $70,000, averaging $354,635, and reaching up to $1,450,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 71K

Population Growth (5Y) +24.0%

Median Household Income $61,750

College Educated 20.7%

High-Yield Neighborhoods for Investment

Identify Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
23803	$335.1K

Taxes & Financing

Tax Rate (average for all types) 1.19%

Property Tax per SF $20.20 per SF

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

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