749 Mt Airy Street, Petersburg, VA 23803
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
749 Mt Airy Street,Petersburg, VA 23803
$195,000
- - Beds
- - Baths
- 1,296 sq. ft.
- Multi-family
- Active
Listed by: matt smith, kenneth byers
Office: weichert brockwell & associate
MLS#:2622296
Source:RV
Price summary
- Price:$195,000
- Price per sq. ft.:$150.46
About this home
Petersburg Fully Rented Duplex – $195,000.00
Cash-Flowing Investment Opportunity!
Investors, welcome to 749 Mt. Airy Street, Petersburg, VA—a fully occupied duplex with a proven rental history and excellent upside potential.
Built in 1974 and renovated in 2014, this front-to-back duplex has been a dependable income-producing property for more than 10 years. The exterior features low-maintenance vinyl siding and a solid roof. Each unit offers 2 bedrooms, 1 full bathroom, baseboard electric heat, window A/C units, an electric range, and a refrigerator.
Current Rental Income
Unit A: Rented for $875/month
Unit B: Rented for $1,000/month
Total Monthly Income: $1,875
The tenants pay all utilities, while the owner is only responsible for lawn maintenance, helping keep operating expenses low.
With current market rents for comparable 2-bedroom units ranging from approximately $1,250 to $1,750+ per month, this property offers a strong value-add opportunity through future rent increases as leases renew.
Whether you're looking to expand your rental portfolio or purchase your first investment property, this duplex allows you to skip the time and expense of finding a property, completing renovations, and locating tenants. It's already producing income from day one.
Property Highlights;
Fully rented duplex, Two 2-bedroom, 1-bath units, Renovated in 2014, Long-term rental history, Tenants pay all utilities, Owner responsible for lawn care only, Significant rental upside. Sold As-Is with both tenants in place. Don't miss this opportunity to own a turnkey, income-producing property in the growing Petersburg market. Drive by and take a look today!...
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Home facts
- Year built:1974
- Subdivision & Development:None
- Listing ID #:2622296
- Added:5 day(s) ago
- Updated:August 22, 2026 at 02:26 PM
Rooms and interior
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,296 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1974
- Building area:1,296 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Ranch
- Construction Materials:Drywall, Frame, Vinyl Siding
- Levels:One
Schools
- High school:Petersburg
- Middle school:Vernon Johns
- Elementary school:Pleasants Lane
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$195,000
- Price per sq. ft.:$150.46
- Tax amount:$1,234 (2025)
Features and amenities
- Appliances:Electric Water Heater
- Amenities:Paneling Wainscoting
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