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$6,385,000
CVR-2611907 MLS
Long Lofts is a boutique, loft-style multifamily community located in the heart of Historic Petersburg, offering investors stabilized cash flow with durable physical characteristics and timeless appeal. The Property includes a multitude of unique one-bedroom floor plans featuring open-concept layouts and modern finishes, appealing to renters seeking well-located housing with high end amenities at accessible price points. Notably, the all one-bedroom unit mix represents a strategic advantage, aligning with the deepest and most liquid segment of renter demand—including young professionals, students, and single-person households. This configuration supports strong leasing velocity, simplified operations, and eliminates roommate friction, ultimately enhancing income durability. Average in-place rents at Long Lofts ($1,057 for 1BD units) remain attractive relative to competing newly delivered product, providing a strong foundation for both stable occupancy and rent growth. Leasing performance at nearby properties further validates the depth of demand. Market Street Lofts, a recently delivered, amenity-rich community, is achieving 1BD rents in the $1,165-$1,250+ range, while the nearby Candy Factory has demonstrated 1BD rents in the $1,245-$1,395 range. Petersburg is gaining strong economic momentum, driven by major investments such as the $1.4B Live! Casino & Hotel Virginia, a new data center campus, and ongoing Old Towne redevelopment. These projects are expected to boost jobs, wages, and housing demand, supporting a positive long-term outlook for the rental market.

1131 Commerce Street, Petersburg

$1,150,000
CVR-2611385 MLS
Turnkey Investment Offering Strong In-Place Cash Flow in a Rapidly Improving Market. Over the past two years, the current ownership has executed a comprehensive renovation strategy, transforming these assets from distressed condition into well-positioned, income-producing properties. Capital improvements include updated interiors, LVP flooring, modernized kitchens and baths, and the installation of central HVAC systems across all homes—a significant upgrade for this asset class. Most units also feature washer/dryer hookups, further enhancing tenant appeal and long-term retention. The portfolio is currently 100% occupied, generating strong in-place rental income with an attractive average rent per unit. This offering provides investors with day-one cash flow supported by a stabilized rent roll, while minimizing near-term capital expenditure risk due to recent renovations. Strategically located just south of Richmond, Petersburg continues to gain momentum as an emerging investment market. The area benefits from increasing renter demand driven by affordability, accessibility to major employment centers, and ongoing economic development initiatives—including the planned Live! Casino & Hotel Virginia project and continued revitalization of the historic downtown corridor. These factors position the market for continued rent growth and long-term appreciation. This portfolio presents an ideal opportunity for investors seeking scale in a growing submarket, with the ability to capture both strong yield and future upside. Whether for a private investor or a group looking to expand a single-family rental platform, this offering delivers a compelling combination of stability, quality, and growth potential.

48 Gibbons Avenue, Petersburg

$1,100,000
CVR-2610384 MLS
This fully leased five-unit apartment building at 23-25 W Old Street presents a rare opportunity to acquire a stabilized, income-producing asset in the heart of downtown Petersburg. Originally built in 1817, this remarkable property embodies over two centuries of history while seamlessly integrating modern enhancements. Encompassing nearly 11,000 square feet, the exceptional historic adaptive reuse features five distinctive and spacious residences, including four well-appointed one-bedroom units and one expansive two-bedroom unit. Each apartment showcases an abundance of original architectural details—such as high ceilings, oversized windows, and period craftsmanship—complemented by thoughtful modern renovations that enhance both comfort and functionality. Adding to its versatility, select units have demonstrated a successful history of short-term rental use, offering investors additional flexibility and revenue potential. Beyond its strong in-place cash flow, the asset offers significant value-add potential. Investors have the opportunity to expand by adding additional units on the third and fourth floors, further increasing rental income and long-term appreciation. Additionally, the property’s prime location along the busy storefront row of W. Old Street presents compelling potential for commercial application, particularly on the ground floor. The building also benefits from excellent proximity to North Sycamore Street and some of the area’s most popular destinations, including Maria’s Old Town 21, Demolition Coffee, Croaker’s Spot, The Southside Depot, the Petersburg Area Art League, and Virginia State University. With its combination of historic charm, modern upgrades, mixed-use flexibility, and expansion opportunities, this property stands as an exceptional investment in one of Central Virginia’s most dynamic and revitalizing markets.

23 W Old Street, Petersburg

$995,000
CVR-2605411 MLS
This 10,578 SF five-bay retail center located along highly traveled S Crater Road in Petersburg offers an outstanding opportunity for both investors and owner-occupants seeking visibility, flexibility, and long-term growth. Currently approximately 50% leased, the property provides immediate income while allowing a future user to occupy a significant portion of the center. The versatile layout supports a wide range of uses including retail, restaurant, personal service, office, and medical office, making it well suited for businesses looking to expand or establish a strong presence in a dynamic and growing trade area. The center features easy walk-up access, prominent signage opportunities, and excellent frontage along one of the area’s primary commercial corridors. Ideally positioned less than a mile from the highly anticipated Live! Casino & Hotel Virginia and in close proximity to Fort Gregg-Adams, the property benefits from strong daytime population, workforce density, and increasing regional investment. Located within an Opportunity Zone and offering convenient access to I-95 and downtown Petersburg, this asset presents a compelling combination of stable income, upside through lease-up, and long-term appreciation potential. This is an exceptional opportunity for a company seeking growth, high visibility, and accessibility in a market poised for continued revitalization.

2825 S Crater Road, Petersburg

$650,000
6 Beds 5 Baths CVR-2616704 MLS
Here’s your chance to own a piece of History on Petersburg’s iconic High Street. This Beautifully renovated 3 Story Home blends historic charm with modern updates, offering character, comfort and a great location in the Heart of Olde Towne Petersburg. This 3 story Home Features 6 Bedrooms with 5 Full Bathrooms. Modern Kitchen with Granite Counter Tops. Beautiful Hardwood Flooring throughout the home, featuring different wood varieties that highlight the properties historic character and craftsmanship. Each Room has its own unique charm. Boasting 10 Fireplaces in this remarkable residence. Spacious Primary Suite Featuring a large private sitting room perfect for relaxing, reading or peaceful retreat. Enjoy a Spacious Rear Yard enclosed by a Privacy Fence, perfect for relaxing & entertaining. Beautiful Magnolia Tree in the front yard offering shade & Southern Classic Charm. Hvac was installed within the last 2 years. Electrical was updated & New Roof.

555 High Street, Petersburg

$640,000
CVR-2620843 MLS
Position your portfolio to benefit from one of Central Virginia’s fastest-emerging investment markets with this fully leased, four-unit residential portfolio located in the City of Petersburg. The offering includes 709 Kirkham Street, a duplex, along with 113 South Old Church Street and 252 St. Matthews Street, providing investors with four stabilized residential units producing immediate cash flow. Each property has been well maintained and features significant recent capital improvements, including new roofs throughout the portfolio, central heating and cooling systems, and significant interior renovations, resulting in a truly turnkey investment with limited near-term capital expenditure requirements. Beyond its current performance, this portfolio offers substantial upside through future rent growth in a market experiencing unprecedented public and private investment. Current in-place rents total $6,264 per month, while projected market rents approach $8,400 per month, providing investors with a clear path to increasing revenue over time. Offered as a package for $640,000, with individual allocations of $225,000 for 709 Kirkham Street, $225,000 for 113 South Old Church Street, and $190,000 for 252 St. Matthews Street, this portfolio represents an outstanding opportunity to acquire a stabilized residential investment with immediate income, meaningful upside potential, and exposure to one of Virginia’s most rapidly evolving growth markets. Whether you’re expanding an existing single-family rental portfolio, seeking a turnkey investment with value-add potential, or completing a 1031 exchange, this offering delivers an attractive combination of current cash flow, future rental upside, and long-term equity growth.

113 S Old Church Street, Petersburg

$575,000
CVR-2616070 MLS
Exceptional development opportunity in the rapidly growing Petersburg market. This offering consists of approximately 10.62 acres that have already been subdivided and approved for 18 residential lots, providing a unique opportunity for builders, developers, and investors seeking a shovel-ready project. The subdivision layout has been established, allowing a purchaser to move forward with development plans while avoiding much of the time and expense associated with the initial subdivision process. The property offers significant frontage and convenient access to major transportation corridors, shopping, dining, employment centers, and surrounding residential communities. Whether your goal is to build and sell homes individually, develop a spec-home community, or hold lots for future appreciation, this property presents tremendous upside potential in an area experiencing continued growth and demand for housing.

2417 Dupuy Road, Petersburg

$449,000
5 Beds 5 Baths CVR-2533943 MLS
Welcome to this stately, fully renovated all-brick ranch with a finished basement, ideally situated on nearly two-thirds of an acre. This expansive home offers 5 generously sized bedrooms, including two primary suites, 3 full bathrooms, 2 half bathrooms, a detached 2-car garage, and a large screened porch, delivering exceptional space and flexibility. The main level welcomes you with a formal living room featuring new luxury wide-plank LVP flooring, recessed lighting, and a wood-burning fireplace. The open-concept layout flows into the completely redesigned kitchen with new cabinetry, a large center island, granite countertops, tile backsplash, stainless steel appliances, a wine refrigerator, and updated fixtures. The adjacent dining room offers recessed lighting, modern fixtures, and direct access to the screened porch. The primary suite features new LVP flooring, recessed lighting, a walk-in closet with custom shelving, and a renovated en-suite bath with tile flooring, granite-topped vanity, and tiled walk-in shower. A second primary suite on the opposite wing offers similar upgrades. Additional bedrooms provide new flooring, generous closets, and updated fixtures. A renovated hall bath, half bath, and a flex room with rear access complete the main level. The finished basement includes a large recreation area with new LVP flooring, recessed lighting, a fireplace, exterior access, a laundry room, an all-new half bath, and unfinished storage. Major updates include new roof, new HVAC systems, new plumbing, new electrical, new thermal windows, fresh interior paint, new black gutters, and maintenance-free all-brick siding. Conveniently located near shopping, dining, and entertainment. Schedule your private showing today—this home is a must-see.

2913 Rolyart Road, Petersburg

$440,000
CVR-2600624 MLS
Endless possibilities await with this versatile 2-acre property offering space, functionality, and opportunity in a prime setting! Currently utilized as a church, this well-maintained property is ideally suited for continued use or easily adaptable for a community center, event venue, theater, or other creative vision. A large paved parking area provides ample on-site parking for guests and events, offering convenience from the moment you arrive. Step inside the main building to a welcoming foyer that leads into a spacious sanctuary filled with natural light and comfortable carpeted seating areas. Multiple additional rooms provide excellent flexibility, including private offices, a lounge or refreshment area, a children’s classroom, two public restrooms, and a dedicated storage room. Just next door, a second building expands the possibilities even further, featuring a full kitchen with generous counter and cabinet space along with a large dining area—perfect for gatherings, meals, receptions, or community events. The outdoor amenities are just as impressive, with two storage sheds for equipment and supplies, a fenced playground area, and a wide open grass field ideal for recreation, events, or future development. With its expansive layout, multiple-use buildings, and generous acreage, this property offers an incredible opportunity for a variety of uses and visions. Whether you're looking to continue its current purpose or reimagine it entirely, the potential here is truly unmatched. Don’t miss this unique opportunity—schedule your private tour today and explore all the possibilities this exceptional property has to offer!

2568 N Stedman Drive, Petersburg

$414,990
5 Beds 3 Baths CVR-2619056 MLS
A bedroom and full bath downstairs. Four more bedrooms and a loft upstairs. The Hazel at Berkeley Estates gives you options from the moment you walk in. With 5 bedrooms, 3 full baths, a separate flex room, and a 2-car garage, there’s room for overnight guests, working from home, and everyday living. The open kitchen features a large island overlooking the dining and living areas, while the upstairs loft adds another place to relax. Receive $17,500 in closing cost assistance with use of NVR Mortgage through September 30, 2026. 21 homes sold since opening. Come see what the buzz is about! Convenient to Fort Lee, I-95, I-295, shopping, and dining. Schedule your visit to explore the Hazel’s layout and ask about current homesite availability.

7 Hackberry Drive, Petersburg

$404,990
4 Beds 3 Baths CVR-2618356 MLS
Tired of making your space work overtime? Spread out in the Elder at Berkeley Estates, with up to 5 bedrooms, a first-floor flex room, and a 2-car garage. Choose 5 bedrooms or 4 bedrooms plus a loft for a second living area. Downstairs, an oversized kitchen island connects the kitchen with the open dining and living spaces. Your owner’s suite includes two walk-in closets, and the home offers 2.5 baths. Receive $17,500 in closing cost assistance with use of NVR Mortgage through September 30, 2026. Find out why buyers have chosen 21 homes at Berkeley Estates since opening! Convenient to Fort Lee, I-95, I-295, and everyday essentials. Schedule your visit to compare layouts and find the space you’ve been missing.

5 Hackberry Drive, Petersburg

$399,900
4 Beds 3 Baths CVR-2623498 MLS
243 S. Adams St. is the sparkling gem fronting on Poplar Lawn Park. A wrap around porch lets you enjoy the evening breezes while having an unobstructed view of Petersburg's finest and most historic park. This 1910, totally restored, grand residence is a fitting site for family gatherings, lavish entertaining, or just a quiet retreat from the hustle and bustle of everyday life. Located on a quiet dead-end street, you have the privacy, but also the amenities of downtown's finest shops and restaurants, just a short walk away. Four large bedrooms, three updated bathrooms, an attic for storage and a laundry room basement adds to the convenience and practicality of this quality renovation. The kitchen has updated appliances, generous cooking areas and access to a formal dining room or backyard entertainment area. The whole house has been freshly painted inside and out and is move in ready. The heating and cooling systems provide total comfort and are sized appropriately for a house of this size and layout. Once you take a personal tour with the listing agent you will immediately fall in love with the house and the historic neighborhood that surrounds it. Make an appointment today to view your new home.

243 S Adams Street, Petersburg

$399,000
3 Beds 2 Baths CVR-2623136 MLS
Tucked away on a quiet, tree-lined street, this charming 3-bedroom, 2-bath home is the kind of place that feels like home the moment you pull into the driveway. Warm wood floors flow throughout, giving every room a timeless, welcoming feel that's ready for your own personal touch. Beyond the main living spaces, you'll find two to three flexible bonus rooms (or extra bedrooms)— perfect for a home office, playroom, gym, guest space, or whatever fits your life right now and whatever comes next. There's room here to grow, dream, and make the space truly your own. Just off the dining room, a screened-in porch invites you to slow down and savor the moment — morning coffee, evening dinners, or quiet afternoons with a book, all without a single bug in sight. Step outside and the backyard becomes your personal retreat: a sparkling in-ground pool invites lazy and extended summer afternoons. Or how about weekend gatherings with friends and family? And take in the generously sized lot that offers plenty of room to garden, play, or simply enjoy the peace and quiet. The detached garage not only adds extra storage or workshop potential but also has a breeze way to stay dry when coming and going from the home. This is more than a house — it's a place to slow down, put down roots, and create memories for years to come. Homes like this, on streets like this, don't come along often. Come take your tour today!

218 Claremont Street, Petersburg

$389,950
4 Beds 3 Baths CVR-2623010 MLS
Originally built in 1878 and beautifully restored for modern living, 143 Marshall St is a remarkable Italianate-style Victorian bursting with old-world charm and historic detail! The home’s restoration earned the Preservation-Restoration Design Award from the Historic Petersburg Foundation in 2012, and the work went far beyond aesthetics—electrical, plumbing, insulation and more were brought up to modern standards while preserving its historic character. Located blocks from Poplar Lawn Park and Old Towne, the home makes an unforgettable first impression with its picturesque façade and elaborate covered front porch featuring turned columns, decorative brackets, and intricate spindlework. Step inside to a grand foyer where original hardwood floors, 11’ ceilings, and a fireplace with original tilework immediately set the tone. These beautiful hardwoods and tall ceilings continue into the living room, where an ornate fireplace with a Classical Revival-style mantel serves as the centerpiece. Original pocket doors open to the dining room, complete with yet another fireplace. At the rear, the fully updated kitchen features custom cabinetry, glass-front uppers with crown molding, Quartz counters, farmhouse sink, JennAir appliances, and an adjoining pantry/storage area. The first floor is rounded out by a spacious primary suite with hardwood floors, fireplace, and an ensuite bath featuring a clawfoot tub and classic wainscoting. A glass-panel door provides easy access to the rear porch. Upstairs you’ll find three additional bedrooms, including a second primary suite with a huge walk-in closet and impressive ensuite with dual vanities, soaking tub, and walk-in shower with marble tile. The two additional bedrooms offer ample closet space, ceiling fan/light fixtures, and fireplaces, while an updated hall bath features a tiled walk-in shower. Out back, a rear deck overlooks the backyard. Rich with history, beautifully restored, and thoughtfully updated, 143 Marshall St is a rare opportunity to own a true piece of VA history!

143 Marshall Street, Petersburg

$389,950
3 Beds 2 Baths CVR-2617462 MLS
WOW !!!!! This ALL BRICK RANCHER has it all along with FRESH PAINT THROUGHOUT. The BRAND-NEW KITCHEN is a "MUST SEE" (all new stainless steel appliances, new cabinets, new countertops, new sink, new recessed lighting, new backsplash and new flooring). The original hardwood floors have been well-maintained throughout. Each bedroom has its own new ceiling fan and space. There is a separate office/study room with shelves. In addition, the rear SUNROOM is a "BONUS" that leads through french doors from the dining room. Both bathrooms were UPGRADED as double vanities installed in the hall bathroom. The primary bedroom is very SPACIOUS with a HUGE WALK-IN CLOSET as well as its own PRIMARY bathroom. The family room comes with an INCREDIBLE BRICK gas fireplace. The WALKUP LOFT and ATTIC above the garage are "great" for storage and can be used for recreation activities. Lastly, the backyard is HUGE for entertainment and relaxation with a patio for grilling. This property is located just 3 minutes from Legends Park, 10 minutes from Bon Secours Southside Hospital and 5 minutes from the interstate.

1937 Windsor Road, Petersburg

$384,990
4 Beds 3 Baths CVR-2618355 MLS
Your home should have room for more than the essentials. The Cedar at Berkeley Estates gives you 4 bedrooms plus a separate first-floor flex room. Create a home office, workout space, or a quiet place to unwind. The open kitchen, dining area, and great room keep everyone connected, while the large island gives you room to gather. Upstairs, enjoy a private owner’s suite with a walk-in closet and dual-vanity bath. Includes 2.5 baths and a 2-car garage. Receive $17,500 in closing cost assistance with use of NVR Mortgage through September 30, 2026. 21 homes sold since opening. Come see what the buzz is about! Close to Fort Lee, shopping, dining, I-95, and I-295. Schedule your visit and discover how the Cedar could fit your life.

4 Hackberry Drive, Petersburg

$379,990
3 Beds 2 Baths CVR-2618429 MLS
Love an open layout but ready to leave the stairs behind? Meet the Tupelo at Berkeley Estates. This single-level home offers 3 bedrooms, 2 full baths, a 2-car garage, and a spacious great room that opens directly to the kitchen. The oversized island makes room for everything from a quick breakfast to catching up with friends. A private owner’s retreat and thoughtfully positioned secondary bedrooms give you space to gather and room to recharge. Receive $17,500 in closing cost assistance with use of NVR Mortgage through September 30, 2026. Join the excitement at Berkeley Estates, where 21 homes have sold since opening! Enjoy a location convenient to Fort Lee, I-95, I-295, shopping, and dining. Schedule a visit to explore your one-level living options.

6 Hackberry Drive, Petersburg

$374,990
4 Beds 3 Baths CVR-2618354 MLS
Still renting and running out of room? Discover what 4 bedrooms, your own backyard, and a 2-car garage could mean for your next chapter. The Birch at Berkeley Estates offers 2.5 baths and an open main level, with a spacious kitchen island overlooking the dining and living areas. Upstairs, four bedrooms give you room for sleeping, working, or hobbies, including an owner’s suite with a large walk-in closet. Receive $17,500 in closing cost assistance with use of NVR Mortgage through September 30, 2026. With 21 homes sold since opening, there’s a buzz at Berkeley Estates. Come experience it for yourself! Convenient to Fort Lee, I-95, and I-295. Schedule a visit to tour the Birch model and picture your everyday life here.

3 Hackberry Drive, Petersburg

$359,000
4 Beds 3 Baths CVR-2623595 MLS
Welcome to this beautifully renovated brick rancher, situated on nearly half an acre in the well-established Ramblewood neighborhood. Offering four bedrooms, three full bathrooms, and the convenience of one-level living, this spacious home blends classic character with modern updates. Step inside the foyer, where a comfortable sitting room leads to a private primary suite featuring a beautifully tiled walk-in shower and a walk-in closet. Continue into the inviting family room, which features one of the home’s two fireplaces and sliding glass doors leading to an enclosed sunroom filled with natural light—the perfect place to relax throughout the year. The updated kitchen features new cabinetry, granite countertops, stainless steel appliances, new flooring, and direct access to the attached two-car garage. On the opposite side of the home, you’ll find three additional generously sized bedrooms, including a second bedroom suite with a private full bathroom and walk-in shower. One bedroom is currently staged as a home office, offering flexibility for today’s lifestyle. Additional improvements include a new roof, new HVAC system, updated electrical, new lighting, renovated bathrooms, and updated flooring throughout. Conveniently located near major highways, this move-in-ready home offers space, comfort, and easy access to shopping, dining, Schedule your tour today!

1859 Ramblewood Road, Petersburg

$359,000
3 Beds 3 Baths CVR-2621996 MLS
Welcome to this beautifully maintained all-brick ranch, built in 1957 on a cul-de-sac in desirable Walnut Hill. Offering 2,874 square feet of living space, this charming home combines timeless character with thoughtful updates and an exceptional setting. Beautiful hardwood floors, crown molding, and chair railing add warmth and elegance throughout. The formal living room features a fireplace and flows naturally into the formal dining room, while the spacious eat-in kitchen provides a comfortable gathering space. A handsome study showcases gorgeous solid-wood paneling and its own fireplace, creating an inviting space for work or relaxation. Three bedrooms include a spacious primary suite with an ensuite bath, while a second-level room offers flexibility as a possible fourth bedroom, office, or bonus space. The Florida room overlooks an oversized deck and private backyard, providing a wonderful setting for entertaining or enjoying the outdoors. Additional features include a dimensional shingle roof, dual-zone central air conditioning, natural gas hot-water heat, and a natural gas whole-house generator. Ideally located just 10 minutes from Fort Lee and Old Towne, and approximately 25 minutes from downtown Richmond. A wonderful opportunity to enjoy classic Walnut Hill charm, generous living space, and a peaceful setting!

1655 Varina Avenue, Petersburg

$355,000
3 Beds 4 Baths CVR-2619200 MLS
Beautifully renovated historic Petersburg home offering the perfect combination of classic character and modern updates! From the moment you arrive, the expansive wraparound front porch and new Hardie plank siding set the tone for this impressive 4-bedroom, 3.5-bath home. Inside, you’ll find TWO primary suites, including a convenient first-floor primary suite and a second primary suite upstairs, providing tremendous flexibility for today’s living. This home has undergone an extensive renovation featuring all-new wood-clad windows, new HVAC system and ductwork, new electrical wiring, new plumbing, new light fixtures, fresh paint, and new flooring throughout. The renovation was designed to bring the home up to date while preserving the character that makes a historic Petersburg property so special. Downstairs, an unfinished basement approximately the footprint of the first floor provides an incredible amount of additional storage and usable space with future possibilities. With major systems updated, beautiful historic details, a huge wraparound porch, two primary suites, and plenty of space throughout, this is one you’ll want to see in person!

104 E Fillmore Street, Petersburg