Courtesy: KW Metro Center
Casey Toney
804-397-9901
YOU. WILL. NOT. FIND. ANOTHER. LIKE. THIS!!!! Positioned in the heart of downtown, Old Towne Petersburg. This building was originally built in 1820 and the opportunities that come with this property are ENDLESS... currently zoned B-3 (as it was originally a Triplex, it is now being utilized as a Duplex) Retail AND Residential equipped. THIS BUILDING COMES WITH A ROOFTOP TERRACE AND AN ATTACHED GARAGE (garage space could easily be turned into third unit since it's zoned as such). It also has dedicated parking on the paved parking lot in the back AND is directly adjacent to Bartow Alley, which also has a parking lot on the other side. The roof was replaced 6 months ago with thermoplastic polyolefin, along with the second floor HVAC (2025), and fully water proofed basement with a second sump pump for added peace of mind. There is direct access from the attached garage to the first level unit... perfect for some one looking to move into the bottom unit and rent out the top (the entrances are completely separate and have their own mailbox/metered utilities). The HVAC in the bottom unit was replaced in 2021. The exposed brick runs throughout both units and the entrance to the rooftop terrace is off of the second floor living/dining room area. Each unit is currently 1 BR, and 1 BATH but the downstairs unit is massive and there is plenty of room to add a second bedroom OR put up a divider and use the space in the front as it was originally intended as a storefront! Although this property is perfect for investors/mixed use, IT DOES NOT REQUIRE any rehabilitation and is in impeccable condition; MOVE IN READY!!!
Courtesy: Weichert Brockwell & Associate
Kenneth Byers
804-919-4444
*Petersburg Best Buy* Super Duplex! Investors, don't let this one get away. We have a Super Duplex available in Petersburg. This is a Large Duplex, with 2232 sq ft of living space. Tax records say these are 2-bedroom units, but there is a nice 1st floor room that just needs a closet to be a legit 3rd bedroom. Property has vinyl siding and a new roof, HVAC and hard wood floors. There is a tenant in 1 unit that is moving out at the end of the year. Market rents for a 3-bedroom with HVAC run from $1500-$1800 or more. Minimal work needed, rent ready as it is. Property will be sold in as is condition and any inspections will be for informational purposes only. Don't wait, drive by and take a look today.
Courtesy: Redfin Corporation
Richard Sena
804-904-7258
Prime Investment Opportunity in Historic Petersburg Discover 840 Commerce Street, a turnkey duplex offering strong rental potential in one of Petersburg’s most rapidly revitalizing neighborhoods. Built in 1860 and thoughtfully updated, this property combines the long-term appeal of historic architecture with modern convenience—making it an ideal addition to any investment portfolio. Unit Mix & Floor Plans Unit One: 2 bedrooms + flex room 1 bath Spacious living areas Unit Two: 1 bedroom 1 bath Efficient, cozy layout The versatile floor plans offer excellent leasing flexibility—perfect for long-term tenants, traveling professionals, or even an owner-occupant house-hack strategy in the larger unit. Key Investment Highlights Updated interiors while maintaining period character Strong rental demand in the downtown corridor Separate living spaces for stable dual-income potential Low-maintenance improvements and refreshed finishes Opportunity to increase rents as area growth continues Located steps from downtown dining, shops, arts venues, and commuter routes, this property benefits from steady rental interest driven by Petersburg’s ongoing development and proximity to Richmond, Fort Gregg-Adams, and major transportation hubs. Whether you're expanding your portfolio or seeking your first income property, this duplex offers the rare combination of historic charm, modern updates, and consistent rental upside. Secure your foothold in one of Virginia’s most promising growth markets—schedule your tour today.
Courtesy: Weichert Brockwell & Associate
Norris Hardy
804-895-1865
*MULTIFAMILY PORTFOLIO FOR SALE in PETERSBURG* This is One of the 4 Duplexes for sale in this Turn-Key Rental Portfolio consisting of -8 doors, 4 buildings. This Portfolio has 4 Duplexes, all are 2-beds and 1-bath, and the Tenants pay all utilities. There are 4 Duplexes that are side by side on Harding St. All units are rented except 3. All properties are sold in As-Is condition. Inspections are welcome, but there will be limited showings of occupied units until inspections. Seller would like to sell all 4 Duplexes as a package deal. The Portfolio includes 631, 635, 703 and 707 Harding St. in Petersburg, VA. Drive by and take a look today. Take advantage of this opportunity as Petersburg is growing and housing is needed.
Courtesy: Weichert Brockwell & Associate
Norris Hardy
804-895-1865
*MULTIFAMILY PORTFOLIO FOR SALE in PETERSBURG* This is One of the 4 Duplexes for sale in this Turn-Key Rental Portfolio consisting of -8 doors, 4 buildings. This Portfolio has 4 Duplexes, all are 2-beds and 1-bath, and the Tenants pay all utilities. There are 4 Duplexes that are side by side on Harding St. All units are rented except 3. All properties are sold in As-Is condition. Inspections are welcome, but there will be limited showings of occupied units until inspections. Seller would like to sell all 4 Duplexes as a package deal. The Portfolio includes 631, 635, 703 and 707 Harding St. in Petersburg, VA. Drive by and take a look today. Take advantage of this opportunity as Petersburg is growing and housing is needed.
Courtesy: Weichert Brockwell & Associate
Norris Hardy
804-895-1865
*MULTIFAMILY PORTFOLIO FOR SALE in PETERSBURG* This is One of the 4 Duplexes for sale in this Turn-Key Rental Portfolio consisting of -8 doors, 4 buildings. This Portfolio has 4 Duplexes, all are 2-beds and 1-bath, and the Tenants pay all utilities. There are 4 Duplexes that are side by side on Harding St. All units are rented except 3. All properties are sold in As-Is condition. Inspections are welcome, but there will be limited showings of occupied units until inspections. Seller would like to sell all 4 Duplexes as a package deal. The Portfolio includes 631, 635, 703 and 707 Harding St. in Petersburg, VA. Drive by and take a look today. Take advantage of this opportunity as Petersburg is growing and housing is needed.
Courtesy: Weichert Brockwell & Associate
Norris Hardy
804-895-1865
*MULTIFAMILY PORTFOLIO FOR SALE in PETERSBURG* This is One of the 4 Duplexes for sale in this Turn-Key Rental Portfolio consisting of -8 doors, 4 buildings. This Portfolio has 4 Duplexes, all are 2-beds and 1-bath, and the Tenants pay all utilities. There are 4 Duplexes that are side by side on Harding St. All units are rented except 3. All properties are sold in As-Is condition. Inspections are welcome, but there will be limited showings of occupied units until inspections. Seller would like to sell all 4 Duplexes as a package deal. The Portfolio includes 631, 635, 703 and 707 Harding St. in Petersburg, VA. Drive by and take a look today. Take advantage of this opportunity as Petersburg is growing and housing is needed.
Courtesy: Real Broker LLC
Janet Morgan
804-350-2350
Courtesy: Hometown Realty
William Coalson
804-387-4824
Turnkey duplex in the heart of Petersburg! This beautifully updated income-producing property offers two freshly renovated units. Each unit features separate utilities, fresh interior paint, new windows, and updated flooring. A new roof adds peace of mind and long-term durability. The bottom unit is currently rented for $1,350/month, and the top unit brings in $1,000/month, providing steady cash flow from day one. Outside, you’ll find a large detached two-car garage with ample storage space. Conveniently located just minutes from downtown Petersburg’s shops, restaurants, and interstates. Don't miss this opportunity to own a fully renovated, cash flowing duplex!
Courtesy: Century 21 Lifestyle
Fronsheena West
804-277-9335
OWNER FINANCING OFFERED . This duplex offers two self-contained 3BR/2BA units (6BR/4BA total) and is ready for full renovation—major foundational updates already completed, including new plumbing and water line. Eligible for historic tax credits and incentives, making it a great value-add opportunity. Zoned for multi-family use—ideal for rental income or multi-generational living. Just minutes from downtown Petersburg, parks, and cultural sites. Unlock the potential at 224 S Jefferson St!
Welcome to your new home! This beautifully renovated duplex is located in the heart of historic Petersburg, just minutes from charming downtown shops, restaurants, and Fort Gregg-Adams — making it ideal for both commuters and military families. Every detail has been thoughtfully upgraded: brand-new HVAC system, water pump, flooring, fresh paint, modern lighting, and a stylish kitchen featuring quartz countertops, sleek cabinetry, and appliances. With an open-concept layout, this home offers a bright, spacious feel perfect for entertaining. Each unit has its own entrance and utilities, making it a smart opportunity for house hacking — live in one side and rent out the other to a friend, family member, or tenant to offset your mortgage! Whether you're an investor, first-time buyer, or multi-generational household, this turnkey property is move-in ready and full of potential. Don’t miss out on this rare gem — schedule your showing today!
Petersburg is located in Virginia. Petersburg, Virginia has a population of 33,229. Petersburg is less family-centric than the surrounding county with 13.46% of the households containing married families with children. The county average for households married with children is 13.46%.
The median household income in Petersburg, Virginia is $44,890. The median household income for the surrounding county is $44,890 compared to the national median of $69,021. The median age of people living in Petersburg is 37.2 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 45.6 inches per year, with 6.4 inches of snow per year.
