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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

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1860

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

Square Feet
  • 1988

Bedrooms
  • 5

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Wood Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9178

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • 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

percent-home-icon

Average Home Price in 23803

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

4 Beds

2 Baths

2,016 Sqft

4,173 Lot (sqft)

Sold 08/19/2026

$218,975

4 Beds

2 Baths

2,232 Sqft

4,678 Lot (sqft)

Sold 09/29/2026

$--

4 Beds

2 Baths

1,760 Sqft

10,520 Lot (sqft)

Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
375,000
$
Down payment
75,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,250
$
HOA (Monthly)
0
$
PMI
0
$
$2,427
Your Payment
Total Monthly Payment:$2,427
Percent of Income:42%
Affordable:No

Details for 840 COMMERCE ST

Property Debt

Foreclosure Contact Details