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107 N Jefferson Street

Petersburg, VA 23803

– beds
– baths
4,100 sqft
10,001 sqft lot
$57 per sqft
1890 build
– on site

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5 unit HUGE potential Low Rise money maker! This property offers 5 units, over 4500 sqft and more... HUGE potential to be one of the most charming, impressive multi-families in Petersburg. This property is bursting with charm and sits on a giant lot that not only offer the tenants outdoor space but they can also have a very large place to park and picnic area to enjoy. 2 of the five units are renovated and ready to rent and 1 currently is rented leaving only 2 leftover to completely redo. All units offer central air and just need some love and a basic renovation to collect premium rent. When we have reviewed the property we have realized we are capable to generating a very high return by renovating and updating what’s important. This property is historic and extremely charming and can fit the need for any type of housing you desire to create. Come tour for yourself! We look forward to your visit at 107 Jefferson ave and cannot wait to give you the tour and all number potentials! Property to be sold as is. These units are large and the majority at minimum can offer 2 bedrooms if not more. We are excited for your interest and cant wait to further explore this opportunity for you.

Listing courtesy of CVRMLS / Valentine Properties

Last checked: Checking… • Last updated Apr 8, 2025 •

MLS# 2024837 —

The Building

Year Built:

1890
Year Built Details:

Actual
Construction Materials:

Drywall,Frame,Plaster,WoodSiding
Architectural Style:

Colonial,TwoStory,Victorian,LowRise
Roof:

Metal
Exterior Features:

Lighting
Stories Total:

2
Stories:

2
Levels:

Two
Basement:

false
Patio And Porch Features:

RearPorch,FrontPorch,Patio

Interior

Interior Features:

Bookcases,BuiltInFeatures,BedroomOnMainLevel,CeilingFans,DiningArea,EatInKitchen,Fireplace,GraniteCounters,HighCeilings,LaminateCounters,Pantry
Fireplace:

true
Laundry Features:

WasherHookup,DryerHookup

Room Dimensions

Living Area:

4100.0

Location

Directions:

From Richmond take 195 south to W Washington st, exit. Right off exit lamp, Right on Jefferson - 107 on right

The Property

Parcel Number:

011-310016
Property Type:

ResidentialIncome
Property Subtype:

MultiFamily
Lot Size Acres:

0.2296
Lot Size Area:

0.2296
Lot Size Units:

Acres
Zoning Description:

R-3
Fencing:

None,Partial
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2019
Tax Annual Amount:

3308.0
Tax Assessed Value:

245000
Tax Legal Description:

50X150

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

ElectricWaterHeater

Schools

Elementary School:

Pleasants Lane
Middle Or Junior School:

Vernon Johns
High School:

Petersburg

The Community

Subdivision Name:

None

Parking

Garage:

false
Parking Features:

OffStreet,SharedDriveway

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/30/20 Oct 30, 2020	Sold	CVRMLS	$234,000

Multifamily Sold on 10/30/2020

$234,000

Listing provided by broker:

Michael Grider

Valentine Properties

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Listing Courtesy of: CVRMLS and Valentine Properties.

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted complication of Listings. All CVRMLS information 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.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

107 N Jefferson Street

Petersburg, VA 23803