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$--
5beds
1baths
1,988sqft
9,178sqft lot
840 Commerce St, Petersburg, VA 23803
Member Features
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
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Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Prime Investment Opportunity in Historic PetersburgnnDiscover 840 Commerce Street, a turnkey duplex offering strong rental potential in one of Petersburgs 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.nnUnit Mix & Floor PlansnnUnit One: 2 bedrooms + flex room | 1 bath | Spacious living areasnnUnit Two: 1 bedroom | 1 bath | Efficient, cozy layoutnnThe 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.nnKey Investment HighlightsnnUpdated interiors while maintaining period characternnStrong rental demand in the downtown corridornnSeparate living spaces for stable dual-income potentialnnLow-maintenance improvements and refreshed finishesnnOpportunity to increase rents as area growth continuesnnLocated steps from downtown dining, shops, arts venues, and commuter routes, this property benefits from steady rental interest driven by Petersburgs ongoing development and proximity to Richmond, Fort Gregg-Adams, and major transportation hubs.nnWhether you're expanding your portfolio or seeking your first income property, this duplex offers the rare combination of historic charm, modern updates, and consistent rental upside.nnSecure your foothold in one of Virginias most promising
Interior Details
1988
5
1
Has Heating:
Yes
Heating Type:
Wood Furnace
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
9178
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
Duplex Single
Wood Siding
N/A
N/A
Metal
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2018
$361
$11,800
$41,700
--%
$53,500
2018
$361
$11,800
$29,300
--%
$41,100
2018
$361
$11,800
$29,300
--%
$41,100
2015
$554
$0
$0
--%
$41,100
2015
$554
$0
$0
--%
$0
Average Home Price in 23803
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