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    Petersburg, VA
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    Petersburg, VA Residential Income Properties for Sale

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    9 properties
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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 Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 in Historic District
    All-Brick Duplex in Historic District

    625 W Washington Street, Petersburg, VA 23803

    $195,000
    2,980 sqft 0.14 AC lot

    Renovated all-brick duplex offers two residential units with rear off-street parking in Petersburg’s historic district.

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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 18 Potential Opportunities for your consideration. Besides 9 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.

    Turnkey Renovated Duplex Investment
    Turnkey Renovated Duplex Investment

    2915 Hull Street, Richmond, VA 23224

    $349,950
    2,181 sqft 0.16 AC lot

    Fully renovated, leased duplex with updated kitchens and baths plus major plumbing, electrical, roof, and heat pump improvements.

    View details
    Colonial Court Townhome Community
    Colonial Court Townhome Community

    900 East Westover Avenue, Colonial Heights, VA 23824

    Contact for pricing

    64 two-bedroom townhomes with forced-air heat and central air, plus on-site parking in a park-like setting.

    View details
    Multifamily
    Multifamily

    4870 Warwick Rd, Richmond, VA 23224

    Contact for pricing
    3.63 AC lot

    Apartment buildings · 3.63 Acres

    View details
    Multifamily Apartment Building
    Multifamily Apartment Building

    5000 Owens Way, Prince George, VA 23875

    Contact for pricing

    Apartment building offered for sale with 230 units.

    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.

    Boydton, VA Land Opportunity
    Boydton, VA Land Opportunity

    Highway 1 lot: B/1C, Boydton, VA 23917

    $55,000
    13.51 AC lot

    13.51 acres near Lake Gaston, Kerr Lake, and I-85.

    View details
    Petersburg Land with Expansion Potential
    Petersburg Land with Expansion Potential

    2025 Dupuy Road, Petersburg, VA 23803

    $39,900
    0.56 AC lot

    Land with upside expansion potential for new home construction.

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    Residential Lot in Petersburg, VA
    Residential Lot in Petersburg, VA

    516 Alpine Road, Petersburg, VA 23803

    Contact for pricing
    0.14 AC lot

    Unimproved residential lot suitable for single-family construction in Petersburg.

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    61+ Acres in Chester, VA
    61+ Acres in Chester, VA

    4721 Eves Lane, Chester, VA 23831

    $3,701,373
    61.74 AC lot

    61+ acres in Chester, VA, suitable for various uses.

    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
    MOBILE HOME PARK, TRAILER PARK

    2325 Allstate Dr, Petersburg, VA 23805

    Value Estimation by Request
    16.50 AC lot
    View details

    Petersburg, VA Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Petersburg, 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 residential income properties in Petersburg, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 10
    Duplexes 7
    Apartment buildings 3

    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 $1M

    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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