Excellent opportunity to own a fully renovated duplex at 1342 & 1344 Rome St in the heart of Petersburg. This property has received a recent roof replacement and a full interior renovation, making it a strong turnkey option for owner occupants or investors alike. This duplex has been purposefully left vacant to provide an owner occupant the opportunity to select their tenant Each unit features a large, updated kitchen complete with granite countertops and stainless steel appliances, along with modern finishes throughout. The renovated interiors offer comfortable, functional layouts with updated flooring, fixtures, and systems designed for low-maintenance living. Conveniently located near shopping, dining, schools, and major commuting routes, this duplex provides easy access to I-95, downtown Petersburg, and surrounding areas. Whether you’re looking to live in one unit and rent the other or add a renovated asset to your portfolio, 1342 & 1344 Rome St presents a move-in-ready opportunity with recent upgrades already in place.
Updated Quadplex in Historic Petersburg – Strong Income & Long-Term Upside Located in the heart of Petersburg’s historic district, this well-maintained four-unit multifamily property offers an excellent opportunity for investors seeking stable cash flow with upside potential. The property has been thoughtfully updated within the last three years, blending historic charm with modern improvements. The quadplex is currently 75% occupied, with three tenants on newly signed one-year leases, providing immediate and reliable income. Each unit features functional layouts, and recent updates help reduce near-term capital expenses, making this a truly turnkey investment. A newly paved rear parking area provides approximately five off-street parking spaces, an added benefit rarely found in historic properties. Situated in a desirable historic area with ongoing revitalization, the property benefits from proximity to downtown Petersburg, major employers, dining, and commuter routes. Whether you’re expanding your portfolio or entering the multifamily market, this asset offers strong fundamentals, stabilized income, and future rent-growth potential. Don’t miss this opportunity to own a cash-flowing multifamily property in one of Petersburg’s most character-rich neighborhoods.
*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.
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.
*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.
*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.
*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.
*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.
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!
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.