749 Mt Airy Street, Petersburg, VA 23803
- $209,950
- 1,296
- SqFt
- List Price
- $209,950
- Price Change
- ▼ $9,700 1784921023
- Days on Market
- 77
- MLS#
- CVR-2612814
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Ranch
- Year Built
- 1974
- County
- Petersburg
- Region
- 57 - Petersburg
Property Description
Petersburg Fully Rented Duplex – $219,750 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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Additional Information
- Acres
- 0.12
- Living Area
- 1,296
- Elementary School
- Pleasants Lane
- Middle School
- Vernon Johns
- High School
- Petersburg
- Roof
- Shingle
- Appliances
- Electric Water Heater
- Basement
- Crawl Space
- Taxes
- $1,234
- Stories
- 1
- Style
- Ranch
- Construction Materials
- Drywall, Frame, Vinyl Siding
- Interior Features
- Paneling/Wainscoting
- Fencing
- None
- Patio And Porch Features
- Stoop
- Appliances
- Electric Water Heater
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $1,234
Mortgage Calculator
Listing courtesy of Weichert Brockwell & Associate.
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .