1526-1528 Lincoln Street, Petersburg, VA 23803

Petersburg
Local realty services provided by:ERA Real Estate Professionals
1526-1528 Lincoln Street,Petersburg, VA 23803
$185,000
  • - Beds
  • - Baths
  • 1,345 sq. ft.
  • Multi-family
  • Active
Listed by: kim hernandez
Office: legacy builders real estate group llc.
MLS#:2617205
Source:RV

Price summary

  • Price:$185,000
  • Price per sq. ft.:$137.55

About this home

INVESTOR OPPORTUNITY! Don't miss this income-producing duplex in the growing Petersburg market. This property offers the perfect combination of immediate cash flow and value-add potential. Unit 1526 is occupied by a long-term tenant on a month-to-month lease, providing flexibility for future rent adjustments, renovations, or future occupancy options. Unit 1528 has been refreshed with fresh paint and new carpet and is move-in ready, with a new tenant expected to occupy the unit soon. Each unit features 2 bedrooms and 1 bathroom with separate entrances, making this an ideal addition to any rental portfolio. While the property could benefit from additional updates, it presents an excellent opportunity for investors to build equity and increase future cash flow through strategic improvements. The existing tenant occupancy and upcoming lease-up provide a strong foundation for immediate and future income potential. Conveniently located near Downtown Petersburg, Virginia State...

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Home facts

  • Year built:1965
  • Listing ID #:2617205
  • Added:5 day(s) ago
  • Updated:June 29, 2026 at 02:30 PM

Rooms and interior

  • Living area:1,345 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:1,345 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding, Drywall, Frame
  • Levels:One

Schools

  • High school:Petersburg
  • Middle school:Vernon Johns
  • Elementary school:Cool Spring

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$185,000
  • Price per sq. ft.:$137.55
  • Tax amount:$2,121 (2025)

Parking

  • Parking description:Driveway, Off Street, Unpaved, Unpaved Driveway
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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