136 Marshall Street
Petersburg, VA, 23803 $ 149,000
Bedrooms-- Baths0.0 Sq 2,168 Monthly Estimate*
$ 1,029
Multi-Family Home for sale in Petersburg, VA
for $149,000. This 2,168 square foot home was built in 1878 on a lot size of 0.1352.
Investment opportunity in the heart of Petersburg! This duplex features two 2-bedroom, 1-bath units, each with its own entrance, offering over 2,100 square feet of living space. Both units are currently vacant, making this an ideal opportunity to renovate, lease at market rents, or live in one unit while generating income from the other. Each unit is equipped with mini-split heating and cooling systems, providing efficient year-round comfort. Built in 1878, this property offers historic charm and endless potential for an investor or buyer looking to restore and add value. Situated on a corner lot with public water and sewer, the property is conveniently located near downtown Petersburg, shopping, dining, Virginia State University, Fort Gregg-Adams, and major highways. With Petersburg continuing to experience revitalization and investment, this property presents an excellent opportunity to build long-term equity. Property is being sold AS-IS. The home needs renovation and updates but offers tremendous upside for investors, flippers, or owner-occupants looking for a value-add opportunity.
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FeaturesGeneralSewer Public Sewer
Roof Metal
Architectural Style Colonial
Construction Materials Aluminum Siding Frame
Year Built 1878
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2025
Percent Ownership Individuals
County Petersburg
Property Type Residential Income
Subdivision Name None
Garage Y/N false
Full Baths 0
Status Active
Directions From I-95 take Exit 52A to Washington St. continue into downtown Petersburg turn onto Sycamore St. then Marshall St. Home is on the left.
High School Petersburg
Zoning Description R-3
NumberOfUnitsTotal 2
MLS Area 57 - Petersburg
Lot Size Units Acres
Waterfront Y/N false
Elementary School Cool Spring
Year Built Details Actual
Tax Annual Amount 1173.48
Middle/Junior High School Vernon Johns
Days on Market 78
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 92400
Ownership Type Sole Proprietor
Property Sub Type Additional Duplex
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InteriorBasement Crawl Space
Total Stories 2
Basement (Y/N) true
Half Baths 0
Total Baths 0
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ExteriorWater Source Public
Lot Size Area 0.1352
Lot Size Acres 0.1352
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* Excluded FeaturesList ByMelissa KarlsonListing Agent
melissasellsrva@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,029
- Monthly Property Taxes
- $98
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
2442977 Elementary School
243820 Middle School
Petersburg High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/19/2026 | $149,000 | -21.16% | Price Down |
| 8/20/2026 | $189,000 | -5.03% | Price Down |
| 8/5/2026 | $199,000 | | Listed Price |