1500 West Lane, Petersburg, VA 23803

$145,000
3
BD
2
BA
1,972
SqFt

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Sold Price
$145,000
List Price
$160,000
Days on Market
31
Closing Date
Oct 10, 2025
MLS#
CVR-2524154
Status
CLOSED
Type
Single Family Residential
Style
Ranch
Year Built
1970
Bedrooms
3
Full-baths
2
County
Petersburg
Region
57 - Petersburg
Neighborhood
Western Hills
Subdivision
Western Hills

Property Description

Opportunity knocks at 1500 West Ln, Petersburg, VA 23803! This property is ideal for savvy investors, home is being Sold as-is, flippers, or handy buyers eager to build equity. With solid potential, a versatile layout, and a full finished basement, this home is ready for someone to bring it back to life and unlock its true value. The finished basement offers endless possibilities — whether used as additional living space, an in-law suite, or potential rental income opportunity, it’s a major bonus that adds to the property’s value. Combined with the spacious main level and large lot, this home has all the right ingredients for a profitable renovation. Conveniently located near schools, shopping, restaurants, and major highways, the property sits in a growing area with strong rental demand and future resale potential. Whether you’re looking to renovate for your own use, fix and flip, or expand your rental portfolio, 1500 West Ln offers multiple exit strategies.

Additional Information

Acres
0.25
Living Area
1,972
Elementary School
Westview
Middle School
Vernon Johns
High School
Petersburg
Roof
Composition
Appliances
Electric Water Heater, Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Natural Gas
Basement
Partial
Taxes
$1,468

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC. Selling Office: Samson Properties.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .