1526-1528 Lincoln Street, Petersburg, VA 23803
Local realty services provided by:CENTURY 21 Realty @ Home
1526-1528 Lincoln Street,Petersburg, VA 23803
$185,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: kim hernandez
Office: legacy builders real estate group llc.
MLS#:2617205
Source:RV
Sorry, we are unable to map this address
Price summary
- Price:$185,000
About this home
INVESTOR OPPORTUNITY! Don't miss this income-producing duplex in the growing Petersburg market. This property offers the perfect combination of immediate cash flow and value-add potential. Unit 1526 is occupied by a long-term tenant on a month-to-month lease, providing flexibility for future rent adjustments, renovations, or future occupancy options. Unit 1528 has been refreshed with fresh paint and new carpet and is move-in ready, with a new tenant expected to occupy the unit soon.
Each unit features 2 bedrooms and 1 bathroom with separate entrances, making this an ideal addition to any rental portfolio. While the property could benefit from additional updates, it presents an excellent opportunity for investors to build equity and increase future cash flow through strategic improvements. The existing tenant occupancy and upcoming lease-up provide a strong foundation for immediate and future income potential.
Conveniently located near Downtown Petersburg, Virginia State University, Fort Gregg-Adams, shopping, dining, major employers, and easy access to I-95. Whether you're looking to expand your investment portfolio, house hack, or reposition an asset for stronger returns, this duplex offers both current income and upside potential.
Property is being sold AS-IS. Seller will make no repairs. Inspections are for informational purposes only. Bring your vision and take advantage of this opportunity to acquire a cash-flowing multifamily property in a growing rental market....
Contact an agent
Home facts
- Year built:1965
- Subdivision & Development:Western Hills
- Listing ID #:2617205
- Added:76 day(s) ago
- Updated:September 08, 2026 at 06:53 AM
Structure and exterior
- Roof:Composition
- Year built:1965
- Architectural Style:Ranch
- Construction Materials:Aluminum Siding, Drywall, Frame
- Levels:One
Schools
- High school:Petersburg
- Middle school:Vernon Johns
- Elementary school:Cool Spring
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$185,000
- Tax amount:$2,121 (2025)
Parking
- Parking description:Driveway, Off Street, Unpaved, Unpaved Driveway
New listings near 1526-1528 Lincoln Street
- Coming Soon
$239,900Coming Soon3 beds 2 baths1,123 sq. ft.535 Greensville Avenue, Petersburg, VA 23803
MLS# 2623888Listed by: THE HOGAN GROUP REAL ESTATE - Coming Soon
$299,950Coming Soon3 beds 3 baths1,573 sq. ft.910 Diamond Street, Petersburg, VA 23803
MLS# 2623170Listed by: JACKSON REALTY - Coming Soon
$350,000Coming Soon4 beds 3 baths2,574 sq. ft.102 E Fillmore Street, Petersburg, VA 23803
MLS# 2619180Listed by: ERA WOODY HOGG & ASSOC
$395,000Pending3 beds 3 baths3,162 sq. ft.1595 Berkeley Avenue, Petersburg, VA 23805
MLS# 2624355Listed by: LONGEST & DANIELS REALTORS
$395,000Pending3 beds 3 baths3,162 sq. ft.1595 Berkeley Avenue, Petersburg, VA 23805
MLS# 2624355Listed by: LONGEST & DANIELS REALTORS- New
$309,999Active4 beds 4 baths1,800 sq. ft.810 S Jones Street, Petersburg, VA 23803
MLS# 2624352Listed by: EXP REALTY, LLC - New
$290,000Active3 beds 3 baths517 Andrews Street, Petersburg, VA 23803
MLS# 2624245Listed by: CALL IT CLOSED INTERNATIONAL I - New
$317,999Active4 beds 4 baths2,000 sq. ft.219 Graham Road, Petersburg, VA 23803
MLS# 2624300Listed by: EXP REALTY, LLC - New
$317,999Active4 beds 4 baths2,000 sq. ft.217 Graham Road, Petersburg, VA 23803
MLS# 2624302Listed by: EXP REALTY, LLC - New
$284,999Active3 beds 3 baths1,440 sq. ft.311 S West Street, Petersburg, VA 23803
MLS# 2624296Listed by: EXP REALTY, LLC