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    Petersburg, VA Short Term Rental Properties for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA
    Historic Petersburg Apartment Building For Sale
    $1,100,000
    11,000 SF
    Historic Petersburg Apartment Building For Sale

    23 W Old St, Petersburg, VA 23803

    Five-unit apartment building with historic charm and modern upgrades.
    • Fully leased, income‑producing five‑unit apartment building.
    • Historic adaptive reuse property with original architectural details and modern renovations.
    • Expansion potential to add units on the third and fourth floors.
    • Prime location on W. Old Street with potential for commercial application.
    • Successful history of short‑term rental use in select units.
    Updated: Apr 22
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Virginia Beach Townhome Portfolio
    $9,950,000
    29,590 SF
    Virginia Beach Townhome Portfolio

    Twelve townhomes near the beach and upcoming Atlantic Park.

    2007 Baltic Avenue, Virginia Beach, VA 23451

    View details
    Updated Multifamily Property For Sale
    $475,000
    1,380 SF
    Updated Multifamily Property For Sale

    Multifamily property with short term rental potential.

    2608 East Marshall Street, Richmond, VA 23223

    View details
    Historic Building in Monroe Ward
    $1,400,000
    7,998 SF
    Historic Building in Monroe Ward

    Unique historic building suitable for office or residential use.

    Richmond, VA 23219

    View details
    Beach Area Multifamily Investment Opportunity
    $2,000,000
    Beach Area Multifamily Investment Opportunity

    Eight-unit apartment building near the ocean in Short-Term Rental Overlay.

    414 19th St, Virginia Beach, VA 23451

    View details

    Petersburg, VA Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 1 short term rental properties for sale in Petersburg, VA on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for short term rental properties in Petersburg, VA start at $1,100,000, averaging $1,100,000, 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

    Duplexes 5
    Apartment buildings 2
    Quadplexes 1
    Short term rental properties 1
    Triplexes 1

    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 $1.1M

    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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