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Sold for $199,000
    • $199,000

    120 New St, Petersburg, VA 23803

    5beds
    3baths
    1,960sqft
    Duplex, Multi Family, Multi Family
    Built in 1941
    -- sqft lot
    $201,200 Zestimate®
    $102/sqft
    $1,427 Estimated rent

    Home value

    $201,200

    Estimated sales range

    Not available

    $1,427/mo

    Zestimate® history
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    $1,427/mo

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    Rent Zestimate®

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    $994/mo

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    $994/mo

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    What's special

    Motivated Seller! Turnkey duplex in the heart of Petersburg! This beautifully updated income-producing property offers two freshly renovated units. Each unit features separate utilities, fresh interior paint, new windows, and updated flooring. A new roof adds peace of mind and long-term durability. The bottom unit is currently rented for $1,350/month, and the top unit brings in $1,000/month, providing steady cash flow from day one. Outside, you’ll find a large detached two-car garage with ample storage space. Conveniently located just minutes from downtown Petersburg’s shops, restaurants, and interstates. Don't miss this opportunity to own a fully renovated, cash flowing duplex!

    Zillow last checked:

    Listing updated:

    Listed by:

    William Coalson 804-387-4824,

    Hometown Realty

    Bought with:

    Erik Colley, 0225227168

    ERA Woody Hogg & Assoc

    Source: CVRMLS,MLS#: 2527956MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Partial,Walk-Out Access
    • Attic: Access Only
    Interior area
    • Total interior livable area: 1,960 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Detached, Garage, Oversized, Paved, Storage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Paved Driveway
    Lot
    • Size: 10,001 Square Feet
    Details
    • Parcel number: 031200015
    • Zoning description: R-3
    • Special conditions: Corporate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Frame, Wood Siding
    • Roof: Composition,Shingle
    Condition
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Petersburg

    Financial & listing details

    • Price per square foot: $102/sqft
    • Tax assessed value: $103,000
    • Annual tax amount: $941
    • Date on market: 12/27/2025
    • Ownership: Corporate
    • Ownership type: Corporation

    Price history

    DateEventPrice
    4/14/2026Sold$199,000$102/sqft
    Source: CVRMLS #2527956 Report a problem
    2/20/2026Pending sale$199,000$102/sqft
    Source: CVRMLS #2527956 Report a problem
    2/6/2026Price change$199,000-5.2%$102/sqft
    Source: CVRMLS #2527956 Report a problem
    1/30/2026Pending sale$210,000$107/sqft
    Source: CVRMLS #2527956 Report a problem
    12/11/2025Price change$210,000-4.5%$107/sqft
    Source: CVRMLS #2527956 Report a problem
    11/13/2025Listed for sale$219,950$112/sqft
    Source: CVRMLS #2527956 Report a problem
    10/30/2025Pending sale$219,950$112/sqft
    Source: CVRMLS #2527956 Report a problem
    10/14/2025Listed for sale$219,950$112/sqft
    Source: CVRMLS #2527956 Report a problem
    6/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/7/2023Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,308 $103,000
    2024$1,308 +39%$103,000 +39%
    2023$941 -5.9%$74,100
    2022$1,000 $74,100 +1.9%
    2021-- $72,700
    2020-- $72,700
    2018$981 $72,700
    2016$981 --
    2015$981 --
    2014$981 +300%--
    2013$245 --
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    Find assessor info on the county website

    Neighborhood: 23803

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westview
    • Middle: Vernon Johns
    • High: Petersburg

    Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $201,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $201,200

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