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$136,500
2 Beds 1 Baths CVR-2613978 MLS
This is the kind of deal investors and first-time homebuyers wait for… and it won’t sit long. Welcome to 1202 Wilcox Street, Petersburg, VA INCOME-PRODUCING FROM DAY ONE. This home is tenant-occupied on a month-to-month lease, meaning you step in and start earning immediately—with the flexibility to adjust as you move forward. MAJOR UPGRADES YOU DON’T HAVE TO WORRY ABOUT: Fresh paint within the last year New flooring throughout New water heater New water lines Just completed! NEW sewer lateral + clean-out installed (huge win for long-term peace of mind!) That’s not just “updated”… that’s smart money already spent for you. Less maintenance. Less stress. More cash flow potential. Whether you’re a seasoned investor or ready to buy your first starter home, this property is the kind that builds wealth quietly in the background while you focus on your next move. Opportunities like this don’t last in today’s market—especially ones with this much heavy lifting already completed. If you’ve been waiting for your sign… this is it. Schedule your showing before it’s gone.

1202 Wilcox Street, Petersburg

$135,800
2 Beds 2 Baths CVR-2615868 MLS
Welcome home to this charming and move-in-ready 2-bedroom, 1.5-bath condominium offering comfort, convenience, and style. Featuring beautiful hardwood floors throughout the main living areas, this home boasts an open-concept living and dining space that's perfect for everyday living and entertaining. The updated kitchen offers modern finishes, ample cabinet space, and comes complete with all appliances included—making your move even easier. Ideally located with easy access to major highways, shopping, dining, and entertainment. Convenient to Fort Lee, several local colleges and universities, and the exciting Live! Casino & Hotel Virginia development. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this property offers exceptional value in a growing area. Don't miss your chance to own this well-maintained condominium in a prime Petersburg location. Schedule your showing today!

210 Walnut Boulevard Unit 14, Petersburg

$133,500
3 Beds 1 Baths CVR-2613011 MLS
**SELLER FINANCING AVAILABLE** WHAT A DEAL!! Welcome to this charming handyman special. Offering (1,770) square feet with 3 spacious bedrooms, 1 full bath, and a storage shed. This property is being sold as-is, presenting a unique opportunity for customization. Although this is not an REO property, it does need extensive repairs, and some TLC. This is a perfect opportunity to remodel to your taste and make it the perfect home for you to move into. For investors, this home will make a great investment property and should cash flow very well while building wealth or rehab for a quick profit. List price is based on needed repairs. Similar updated houses in the area sell for $235k+. Don’t miss this chance to transform it into your ideal home or investment. Schedule a showing today to explore its potential.

310 Grigg Street, Petersburg

$130,000
2 Beds 2 Baths CVR-2605802 MLS
Offering 5k closing credit. Welcome to this beautifully updated 2-bedroom, 2-bathroom home, offering modern upgrades while maintaining its cozy charm. Recent renovations include a new roof (2023), stylish new flooring, a newly added bathroom, a convenient laundry nook, all-new stainless steel appliances, and a brand-new HVAC system (2024) for year-round comfort. The open living area features recessed lighting and large windows that fill the space with natural light, while the updated kitchen boasts white cabinetry, granite countertops, and sleek appliances. Both bathrooms have been upgraded with contemporary fixtures and finishes. A home warranty is also being offered for added peace of mind. Conveniently located near shopping, dining, and major highways, this move-in-ready home is a must-see. Schedule your showing today! The owner is a licensed Real Estate agent in Virginia

1434 Baylors Lane, Petersburg

$127,000
2 Beds 1 Baths CVR-2614056 MLS
Charming recently renovated 2-bedroom, 1-bath cottage/bungalow style home offering a fresh, updated feel with laminate flooring, neutral paint, and natural light throughout. The spacious living area flows into the oversized kitchen featuring gas cooking and plenty of cabinet space. Both bedrooms offer ceiling fans and easy-maintenance flooring. Enjoy the convenience of washer and dryer hookups and a large private backyard perfect for relaxing or entertaining. Conveniently located near shopping, dining, major highways, and Historic Old Towne Petersburg. Move-in ready and full of character! Buyer to confirm appliance utilities. This could be your opportunity to own two side by side. Neighboring property at 1118 McKenzie St. is in need of full renovation and also for sale separately.

1120 McKenzie Street, 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

$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

$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

$77,000
2 Beds 2 Baths CVR-2611571 MLS
**SELLER FINANCING AVAILABLE** WHAT A DEAL!! Welcome to this charming handyman special. Offering (1,022) square feet with 2 spacious bedrooms, 1 full bath, 1 half bath, and a private patio. This property is being sold as-is, presenting a unique opportunity for customization. Although this is not an REO property, it does need extensive repairs, and some TLC. This is a perfect opportunity to remodel to your taste and make it the perfect home for you to move into. For investors, this home will make a great investment property and should cash flow very well while building wealth or rehab for a quick profit. List price is based on needed repairs. Similar updated houses in the area sell for $130k+. Don’t miss this chance to transform it into your ideal home or investment. Schedule a showing today to explore its potential.

2368 Hill Street, Petersburg

$75,000
CVR-2618848 MLS
INVESTOR SPECIAL, Unlock the potential of the 1920's duplex offering approximately 1,568 square feet on this lot of 3,330 square feet, and directly across from 3 new builds, and one home renovated. Whether your vision is a complete renovation to restore its character or a fresh start with new construction. (subject to local planning and zoning). This property presents a opportunity to bring your investment strategy to life. Being sold "AS-IS", this property is ideal for investors and contractors, flippers seeking their next value-added redevelopment or renovation project. Conveniently located near downtown Petersburg, major roadways, shopping, dining, and many other ongoing revitalization efforts, so bring your imagination.

606-608 Cameron Street, Petersburg