534 S Dunlop Street, Petersburg, VA 23803

$225,000
1,904
SqFt

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List Price
$225,000
Days on Market
37
MLS#
CVR-2621466
Status
ACTIVE
Type
Multifamily
Style
Two Story
Year Built
1910
County
Petersburg
Region
57 - Petersburg

Property Description

Exceptional investment opportunity in the heart of historic Petersburg! This well-maintained duplex offers excellent income-producing potential with two spacious units, each featuring 3 bedrooms, 2 full bathrooms, a dedicated laundry room, living room, and kitchen. Designed with functionality and tenant comfort in mind, both units provide generous living space and practical layouts that appeal to a wide range of renters. A standout feature of this property is the off-street parking, providing added convenience and value for tenants. Conveniently located just minutes from the vibrant Old Towne Petersburg district, residents enjoy easy access to locally owned restaurants, breweries, coffee shops, boutiques, parks, and the scenic Appomattox River. The property is also ideally situated near Virginia State University, Fort Gregg-Adams, Colonial Heights, and major commuter routes including Interstate 95, Interstate 85, and Route 460, making it an attractive location for commuters and supporting strong rental demand. Whether you're looking to expand your investment portfolio, generate consistent rental income, or live in one unit while leasing the other, this duplex presents an outstanding opportunity. With two desirable 3-bedroom, 2-bath units, off-street parking, and a location near major employers, transportation corridors, shopping, dining, and entertainment, this property offers the ideal combination of cash flow potential and long-term investment value.

Additional Information

Acres
0.19
Living Area
1,904
Elementary School
Pleasants Lane
Middle School
Vernon Johns
High School
Petersburg
Roof
Flat, Rubber
Taxes
$2,901
Stories
2
Style
Two Story
Construction Materials
Brick
Parking Features
Off Street
Water
Public
Sewer
Public Sewer
Taxes
$2,901

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Calculator source: Real Geeks

Listing courtesy of FREI/United Real Estate Premier Inc.

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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 .