Skip main navigation
For sale
  • Price cut: $50 (8/3)
    $134,750

    1227 Montgomery Ave, Petersburg, VA 23803

    3beds
    980sqft
    : 
    $923/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    6,973 Square Feet Lot
    $129,900 Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Previous stone slab foundation
    TURN-KEY READY PROPERTY! Rental or Move in. This home is also great for a starter home with plenty of character, this offers value and opportunity. Other New Build Properties on the street showing signs of renovation. Great opportunity and price point for any investor, buyer, and entrepreneur for person or business to start that investment property. Charming 3- bedroom, 1-full bath offering approximately 980 square feet in an established and quiet neighborhood. This cozy property features spacious living room, and kitchen with lots of natural sunlight. Offers on street and gravel driveway, with excellent potential for both homeowners and investors alike. At this price, you are not going to find many turn-key and ready to move in locations. Affordable opportunity with rental income potential of approximately $ 1450.00 a month. Functional layout in need of person to come in and continue to improve and invest in. Whether you are looking for your next investment, full time live in, or rental turn-key property ready to build your portfolio. This property also rents more than possible investment/ 1% cap renter rule. This home is also great for a starter home with plenty of character, this offers value and opportunity. Back yard is 155 feet long and has previous stone slab foundation for your next shed project, and some extra room in the back that can be used for other additional projects, such as garage, shed, greenhouse, or just the space to stretch out.
    24 days
    |
    597
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Byers 804-919-4444,

    Weichert Brockwell & Associate 804-518-0500

    Source: CVRMLS,MLS#: 2619147MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Other
      • Description: Tub & Shower
      • Level: First
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Flooring: Wood
      • Has basement: No
      • Attic: Pull Down Stairs
      Interior area
      • Total interior livable area: 980 sqft
      • Finished area above ground: 980
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, On Street, Unpaved
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Porch
      • Exterior features: Porch, Unpaved Driveway
      • Pool features: None
      • Fencing: Chain Link,Fenced
      Lot
      • Size: 6,973 Square Feet
      • Dimensions: 45 x 155
      • Features: Level
      • Topography: Level
      Details
      • Parcel number: 046230016
      • Zoning description: R-2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Drywall, Vinyl Siding, Wood Siding
      • Roof: Composition,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Birdville Park
      Location
      • Region: Petersburg

      Financial & listing details

      • Price per square foot: $138/sqft
      • Tax assessed value: $98,000
      • Annual tax amount: $1,244
      • Date on market: 7/13/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $129,900

        $123,000 - $136,000

        $1,541/mo

        Price history

        DateEventPrice
        8/3/2026Price change$134,7500%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/30/2026Price change$134,8000%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/27/2026Price change$134,8500%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/24/2026Price change$134,9000%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/20/2026Price change$134,9500%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/15/2026Listed for sale$134,999-3.2%$138/sqft
        Source: CVRMLS #2619147 Report a problem
        7/1/2026Listing removed$139,500$142/sqft
        Source: CVRMLS #2614245 Report a problem
        6/29/2026Price change$139,5000%$142/sqft
        Source: CVRMLS #2614245 Report a problem
        6/26/2026Price change$139,5500%$142/sqft
        Source: CVRMLS #2614245 Report a problem
        6/24/2026Price change$139,6000%$142/sqft
        Source: CVRMLS #2614245 Report a problem
        6/20/2026Price change$139,6500%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        6/15/2026Price change$139,7000%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        6/12/2026Price change$139,7500%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        6/8/2026Price change$139,8000%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        6/5/2026Price change$139,8500%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        6/1/2026Price change$139,9000%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        5/27/2026Listed for sale$139,950+0%$143/sqft
        Source: CVRMLS #2614245 Report a problem
        5/24/2026Listing removed$139,900$143/sqft
        Source: CVRMLS #2609332 Report a problem
        5/22/2026Price change$139,900-0.1%$143/sqft
        Source: CVRMLS #2609332 Report a problem
        5/19/2026Price change$139,995-6.2%$143/sqft
        Source: CVRMLS #2609332 Report a problem
        5/15/2026Price change$149,299-0.1%$152/sqft
        Source: CVRMLS #2609332 Report a problem
        5/11/2026Price change$149,400-0.1%$152/sqft
        Source: CVRMLS #2609332 Report a problem
        5/8/2026Price change$149,500-0.2%$153/sqft
        Source: CVRMLS #2609332 Report a problem
        5/4/2026Price change$149,7500%$153/sqft
        Source: CVRMLS #2609332 Report a problem
        5/2/2026Listed for sale$149,800+429%$153/sqft
        Source: CVRMLS #2609332 Report a problem
        7/23/2018Sold$28,319$29/sqft
        Source: CVRMLS #1813670 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,245 $98,000
        2024$1,245 +74.1%$98,000 +74.1%
        2023$715 -5.9%$56,300
        2022$760 $56,300 +2%
        2021-- $55,200
        2020-- $55,200
        2018$745 +115.9%$55,200
        2016$345 --
        2015$345 --
        2014$345 -50.2%--
        2013$693 --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 23803

        Getting around

        19 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cool Spring
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes