2203 Ferndale Avenue, Petersburg, VA 23803

$209,900
  • 2203 Ferndale Avenue, Petersburg, VA 23803 Main Photo

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PENDING
MLS#VAPC2000156
STATUSPENDING PROPERTY TYPECommercial - Investment SCHOOLPETERSBURG CITY PUBLIC SCHOOLS

Property Description

Price Improvement - Investor Special – Triplex in Kenilworth Subdivision! Investor opportunity! This multifamily property features three 1-bedroom, 1-bath efficiency units with small kitchens, situated on a .15-acre corner lot. Built in 1974 and partially remodeled in 2022, the property offers 2,196 sq ft of living space and updated electric service with three separate meters, making tenant management simple. The units require substantial renovation and currently have no HVAC, presenting an excellent opportunity for investors or savvy buyers to create value. Each unit has its own water and electric access, maximizing flexibility for rental income. This property is ideal for those seeking a hands-on investment, with strong upside potential in a convenient Petersburg location. Don’t miss the chance to renovate, reposition, and grow your rental income portfolio! 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. Sold as-is. Motivated Seller.

2203 Ferndale Avenue | MLS# VAPC2000156

This commercial property located at 2203 Ferndale Avenue, Petersburg, VA 23803 is currently listed for sale with an asking price of $209,900. Ferndale Avenue is located within the PETERSBURG CITY PUBLIC SCHOOLS school district. Search Petersburg real estate on www.philrussellrealtor.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Window Unit(s)
Fuel Type: None
Heating: None
Lot Size: 0.15 Acres
Taxes: $832
Year Built: 1974

Feature Descriptions

Building Features: Fencing, Private Restrooms, Kitchen
Days on Site: 94
Exterior: Aluminum Siding, Metal Siding
Location: Corner Lot/Unit
Lot: Rear Yard
Lot Dimensions: 0.15 Acre(S)
Sewer: Public Septic
Special View Info: Street
Total Garage/Parking Spaces: 2
Utilities: Electric Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: PETERSBURG CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 New Millennium
Agency Phone: 5408251613

Shown By

Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties

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©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 4:23:40 PM EST) or CAAR MLS (last updated Mon 03/02/2026 4:10:48 PM EST) or CVRMLS (last updated Mon 03/02/2026 4:19:06 PM EST) or Bright MLS (last updated Mon 03/02/2026 4:18:22 PM EST). Real estate listings held by brokerage firms other than Joyner Fine Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement.

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Agency License Information: Joyner Fine Properties and its agents are licensed in the Commonwealth of Virginia.


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