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1458 Ferndale Avenue, Petersburg
$106,000
3 Beds ⋅ 1 Baths ⋅ CVR-2609061 MLS
PRICE IMPROVEMENT!!! Discover the enduring charm of this 1925 bungalow, perfectly positioned in a neighborhood on the rise. 1458 Ferndale Avenue offers a traditional single-level layout featuring three bedrooms and a centralized living area that flows naturally toward the kitchen—a footprint that is as functional as it is classic. This home serves as a versatile canvas for your personal style. Whether you are looking to build sweat equity as a primary resident or seeking a stable addition to a residential portfolio, the focus here is on cosmetic potential. The property is nestled in a quiet pocket of Petersburg just minutes from the vibrant energy of Old Towne, the academic hub of Virginia State University, and the expanding economic corridor near the new Live! Casino & Hotel. Commuters will also appreciate the quick proximity to Fort Gregg-Adams. The home is being sold strictly AS-IS, offering a straightforward path for those ready to add modern finishes to a historic frame. Please note that AS-IS language must be included in the purchase agreement. A long-term tenant currently calls this house home and is open to remaining, providing a seamless transition for those interested in immediate occupancy. To respect their privacy, we invite you to view the property by appointment only.

1458 Ferndale Avenue, Petersburg

23 S Burch Street, Petersburg
$103,500
2 Beds ⋅ 1 Baths ⋅ CVR-2529061 MLS
Welcome to this charming two-bedroom, one-bath home perfectly situated on a desirable corner lot. This property features a spacious backyard ideal for entertaining, gardening, or outdoor enjoyment. Inside, the home offers durable laminate flooring throughout and a functional floor plan ready for your personal touch. With a little TLC this home presents an excellent opportunity for a starter home or small family. Don’t miss the chance to make this property your own! HUD Case# 544-378184 IE (Insured Escrow), Subject to Appraisal. Seller makes no representations or warranties as to property condition. HUD Homes are Sold “As-Is”. Built prior to 1978, lead based paint may potentially exist. Equal Housing Opportunity. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request.

23 S Burch Street, Petersburg

17 Corling Street, Petersburg
$100,000
3 Beds ⋅ 1 Baths ⋅ CVR-2531532 MLS
*Petersburg Historic Greek Revival Historic Tax Credit Property- FOR SALE* Now is the Time to restore this Beautiful 1915 Greek revival in the heart of Petersburg. This fantastic Home is just 2 blocks from Central Park, just off of South Sycamore Street and inside the Poplar Lawn Historic District. This Home has 2484 sq ft of living space on 2 floors with a 200 sq ft unfinished basement. This property is zoned RB and can be both residential and/or commercial business. This Historic home needs a full renovation and that is where the historic tax credits can be very helpful. The property already has an abatement in place for the next several years and can dramatically help after you have finished renovating. Is does not matter if you renovate this as a business property or residential property, tax credits can apply to both. You know, if done correctly, you can get up to 45% of what you spend rehabbing this property back in state and federal tax credits.. Become a part of Petersburg revitalization and renovate this beautiful home. Drive by and take a look today!

17 Corling Street, Petersburg

688 Pegram Street, Petersburg
$95,000
3 Beds ⋅ 1 Baths ⋅ CVR-2533837 MLS
Opportunity knocks for the savvy investor with this value-add property offering strong upside for both a flip or buy-and-hold strategy. This solidly built home features a flexible floorplan with plenty of square footage, allowing it to remain a true 4-bedroom, 1-bath layout or be thoughtfully reconfigured into a more modern and marketable 3-bedroom, 2 full-bath design. The existing footprint supports multiple renovation strategies, giving investors the freedom to optimize for resale or long-term rental performance. The exterior offers classic curb appeal with a covered front porch and a deep lot, while the rear includes a screened porch area that could be restored or repurposed into a desirable outdoor living feature. Inside, the home retains original finishes throughout, including wood paneling, dated flooring, and vintage fixtures, providing a clean slate for cosmetic or full-scale renovation. Living areas are generously sized with good natural light, making it easy to modernize while maintaining functional flow. The kitchen remains in original condition, ideal for a full redesign to maximize efficiency and value. Bedrooms are well-proportioned, and the existing bathroom presents an opportunity for a high-impact upgrade, especially if reworked into a two-bath configuration. From a systems standpoint, several major improvements are already in place, helping reduce upfront capital costs. The home features upgraded vinyl replacement windows (not new) and a heat pump system providing central air conditioning and heat. These updates allow you to focus renovation dollars where they matter most: layout, finishes, and overall presentation. Whether your strategy is a full renovation for resale or a strategic update for rental stabilization, this property offers the fundamentals investors look for, space, layout flexibility, and key mechanical upgrades. With the right vision and execution, this home has the potential to become a strong-performing asset and a profitable addition to your portfolio.

688 Pegram Street, Petersburg

1436 Ferndale Avenue, Petersburg
$91,000
2 Beds ⋅ 1 Baths ⋅ CVR-2601298 MLS
Great investment opportunity for buyers looking to add value through renovation. This 2-bedroom, 1- Bath Home offers a covered front porch and a traditional layout, providing a solid starting point for a full rehabilitation. Interior condition reflects the need for significant updates and repairs throughout, and the property is best suited for investors or experienced buyers prepared to renovate. Property is being sold AS-IS, WHERE-IS. Seller makes no representations or warranties as to the property's condition and will make no repairs or pay for any inspections, including termite. The property will not qualify for traditional financing. Cash or rehab financing only. Proof of funds is required with the offer.

1436 Ferndale Avenue, Petersburg

722 Cameron Street, Petersburg
$88,950
3 Beds ⋅ 2 Baths ⋅ CVR-2530299 MLS
Attention Homebuyers and Investors! Discover your next opportunity! This charming bungalow is more than just a home it's a lifestyle! Offering 2 or 3 bedrooms, 2 full baths, and a dedicated laundry room, you'll have all the space you need to live, work, and play. Need an office or study area? We’ve got you covered! Enjoy off-street parking with a convenient carport and driveway. Plus, the HUGE backyard is perfect for entertaining, gardening, or simply enjoying the outdoors! Don’t miss your chance to make this gem your own! This home is located within MINUTES from the I-95/I-85, Amazon Warehouse and Southpark Mall! HUD Case#544-362923 IE (Insured Escrow), Subject to Appraisal. Seller makes no representations or warranties as to property condition. HUD Homes are Sold “As-Is”. Built prior to 1978, lead based paint may potentially exist. Equal Housing Opportunity. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request.

722 Cameron Street, Petersburg

646 W Washington Street, Petersburg
$87,000
4 Beds ⋅ 2 Baths ⋅ CVR-2612632 MLS
Located in the Historic Folly Castle Historic District, this historical property great for historic tax credits, as you visit this distressed corner-lot property presents a rare renovating opportunity in the heart of Historic Petersburg. Originally configured as a triplex and currently operating as a duplex, this property with approximately 2240 square foot structure is filled with character, history, and a potential for full restoration. Positioned directly on Washington St. with plenty of high visibility traffic for those potential onlookers to really appreciate any renovations. This unique property offers exceptional exposure for investors, buyers, entrepreneurs seeking a historic property. With potential Historic tax credits for those qualified renovations and improvements. Situated on 5,188 square foot corner lot. This property offers flexible opportunities for those seeking to repair and call this your home, or potential rental-income. Come take a look at a piece of History and make this your next project and investment. This was previously listed as a Quad (4- power meters), but has been vacant for more than two years, so the city has reverted this back to a duplex.

646 W Washington Street, Petersburg

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