722 Mount Airy St Unit 24 Petersburg, VA 23803
Estimated payment $1,063/month
About This Home
Well-curated portfolio of seven duplex rental properties nestled in Petersburg, Virginia, an integral part of the bustling Richmond Metropolitan Area. This meticulously assembled portfolio is offered debt-free. All 7 properties are listed individually but the 5 properties on Mt. Airy St. must be sold as a portfolio. Our seller has thoughtfully assembled this collection, providing investors with a substantial scale without the typical headaches and expenses associated with piecing together such a portfolio. With a focus on tenant quality, the properties boast carefully vetted occupants, effectively minimizing collection loss and turnover. Against the backdrop of rising mortgage rates and a widespread housing shortage, there’s an unprecedented demand for workforce rentals. This surge in demand grants landlords exceptional pricing leverage, allowing for a discerning selection process like never before. Throughout the turbulence of the Covid era, Petersburg has proven itself as a resilient rental market. Moreover, it’s now witnessing increased investment from astute real estate developers and forward-thinking businesses seeking cost-effective operations, all while enjoying convenient access to both Richmond and the intersecting highways of Interstates 85 and 95.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $674
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 1,869 Sq Ft Home
- 2-Story Property
Schools
- Cool Spring Elementary School
- Vernon Johns Middle School
- Petersburg High School
Additional Features
- Front Porch
- 4,400 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 030-220007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $672 | $108,600 | $8,600 | $100,000 |
| 2023 | $672 | $52,900 | $5,900 | $47,000 |
| 2022 | $672 | $52,900 | $5,900 | $47,000 |
| 2021 | $701 | $51,900 | $5,800 | $46,100 |
| 2020 | $701 | $51,900 | $5,800 | $46,100 |
| 2019 | $701 | $51,900 | $5,800 | $46,100 |
| 2018 | $701 | $51,900 | $5,800 | $46,100 |
| 2017 | $701 | $51,900 | $5,800 | $46,100 |
| 2016 | $701 | $51,900 | $0 | $0 |
| 2014 | $701 | $0 | $0 | $0 |
| 2013 | $701 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $179,900 | -- | $96 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- |
Source: Central Virginia Regional MLS
MLS Number: 2514941
APN: 030-22-0007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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