1526-1528 Lincoln ST, Petersburg, VA 23803
1526-1528 Lincoln ST, Petersburg, VA 23803
1526-1528 Lincoln ST, Petersburg, VA 23803
20
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$185,000
$185,000
Est. payment /mo
1,345 SqFt
Sold on 09/04/2026

1526-1528 Lincoln ST Petersburg, VA 23803

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Mike Sanchez
Mike Sanchez

Agent License ID: 0225268858

+1(804) 721-6296

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Key Details

Sold Price $185,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,345 sqft

Price per Sqft $137

Subdivision Western Hills

MLS Listing ID 2617205

Sold Date 09/04/26

Style Ranch

Construction Status Approximate

HOA Y/N No

Year Built 1965

Annual Tax Amount $2,120

Tax Year 2025

Lot Size 5,401 Sqft

Acres 0.124

Property Sub-Type Duplex

Property Description

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.

Location

State VA

County Petersburg

Community Western Hills

Area 57 - Petersburg

Exterior

Exterior Feature Unpaved Driveway

Fence None

Roof Type Composition

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Aluminum Siding,Drywall,Frame

Construction Status Approximate

Schools

Elementary Schools Cool Spring

Middle Schools Vernon Johns

High Schools Petersburg

Others

Tax ID 046-220003

Ownership Corporate

Financing Other

Special Listing Condition Corporate Listing

Central Virginia Regional MLS (CVR MLS)
Listed by Legacy Builders Real Estate Group LLC
Bought with KW Metro Center

GET MORE INFORMATION

Mike Sanchez

Mike Sanchez

Agent License ID: 0225268858

+1(804) 721-6296

Name
Phone*
Message

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1526-1528 Lincoln ST