840 Commerce Street, Petersburg, VA 23803

Petersburg
Local realty services provided by:ERA Woody Hogg & Assoc.
840 Commerce Street,Petersburg, VA 23803
$290,000
  • - Beds
  • - Baths
  • 1,896 sq. ft.
  • Multi-family
  • Active
Listed by: richard sena
Office: redfin corporation
MLS#:2531038
Source:RV

Price summary

  • Price:$290,000
  • Price per sq. ft.:$152.95

About this home

Prime Investment Opportunity in Historic Petersburg Discover 840 Commerce Street, a turnkey duplex offering strong rental potential in one of Petersburg’s most rapidly revitalizing neighborhoods. Built in 1860 and thoughtfully updated, this property combines the long-term appeal of historic architecture with modern convenience—making it an ideal addition to any investment portfolio. Unit Mix & Floor Plans Unit One: 2 bedrooms + flex room | 1 bath | Spacious living areas Unit Two: 1 bedroom | 1 bath | Efficient, cozy layout The versatile floor plans offer excellent leasing flexibility—perfect for long-term tenants, traveling professionals, or even an owner-occupant house-hack strategy in the larger unit. Key Investment Highlights Updated interiors while maintaining period character Strong rental demand in the downtown corridor Separate living spaces for stable dual-income potential Low-maintenance improvements and refreshed finishes Opportunity to

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Home facts

  • Year built:1860
  • Listing ID #:2531038
  • Added:112 day(s) ago
  • Updated:March 01, 2026 at 03:36 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,896 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:1860
  • Building area:1,896 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Level
  • Architectural Style:Victorian
  • Construction Materials:Vinyl Siding, Wood Siding
  • Exterior Features:Front Porch
  • Levels:Two

Schools

  • High school:Petersburg
  • Middle school:Vernon Johns
  • Elementary school:Pleasants Lane

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$290,000
  • Price per sq. ft.:$152.95
  • Tax amount:$1,490 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Water Heater
  • Laundry features:Dryer Hookup, Washer Hookup
  • Amenities:Bay Windows, Granite Counters, High Ceilings, High Speed Internet
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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