- – beds
- – baths
- 2,196 sqft
- 6,534 sqft lot
- $104 per sqft
- 1974 build
Investor Special – Triplex in Kenilworth Subdivision! Opportunity knocks at 2203 Ferndale Avenue, a 3-unit multifamily property located in the heart of Petersburg, VA. This 2,196 sq ft triplex features three one-bedroom units and sits on a 0.15-acre corner lot. An additional accessory building can be added on the lot. Built in 1974, the property needs a full rehab, making it an ideal project for savvy investors or contractors looking to build equity and cash flow. Located in the Kenilworth Subdivision and within the Petersburg School District, this property offers strong rental potential with no HOA restrictions. Conveniently positioned near major routes with easy access to Richmond, Hopewell, and Colonial Heights, it’s a great location for commuting tenants. Whether you're looking to fix and flip, house hack, or hold for long-term rental income, this property has the bones and the location to support a smart investment. Priced to sell, this is your chance to reimagine and revitalize a multifamily property in a growing market. Don’t miss this diamond in the rough—schedule your showing today!
Last checked:
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Last updated Jul 9, 2025
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MLS# VAPC2000134 —
The Building
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Year Built:1974
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Aluminum Siding, Metal Siding
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Colonial, Converted Dwelling
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Total SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2196
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Living Area SqFt:2,196 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
Location
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Directions:Use GPS
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Latitude:37.21487000
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Longitude:-77.43918000
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Location Type:Corner Lot/Unit
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Major Rehab Needed
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Lot Size Units:Square Feet
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Lot Size Acres:0.15
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Lot Size Source:Estimated
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Lot SqFt:6,534 Sqft
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Zoning:SPECIAL CONFORMING / R-2
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Zoning Description:Special Conforming zoning for a triplex multifamily. Originally R-2
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Road Responsibility:City/County
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View:Street
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In City Limits:No
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (540) 229-3158
- Office phone:
- (540) 825-1613
Taxes
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Tax ID Number:NO TAX RECORD
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Tax Year:2024
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Tax Annual Amount:$832
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Tax Assessed Value:$65,900
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:None
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Heating Type:None
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Heating Fuel:None
Utilities
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Utilities:Electric Available, Sewer Available, Water Available
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Sewer/Septic:Public Septic
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Petersburg City Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:Yes
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:No
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One Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/9/25
Jul 9, 2025
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Listed / Active | BRIGHT | $229,000 |