SoldAug 11, 2025

Listed by David Quimby

Bought with Corey Chandler

Source: Central Virginia Regional Multiple Listing Service #2514953

1342 Rome St, Petersburg, VA, 23803

$165,000

2352 sq. ft.
0.07 ac.

Duplex

30+ days on the market

Sold: Aug 11, 2025

What's around 1342 Rome St

About this property

This Duplex is part of a well-curated portfolio of seven duplex rental properties nestled in Petersburg, Virginia, an integral part of the bustling Richmond Metropolitan Area. This meticulously assembled portfolio is offered debt-free. This Property is available for sale individually or as part of the portfolio. Our seller has thoughtfully assembled this collection, providing investors with a substantial scale without the typical headaches and expenses associated with piecing together such a portfolio. With a focus on tenant quality, the properties boast carefully vetted occupants, effectively minimizing collection loss and turnover. Against the backdrop of rising mortgage rates and a widespread housing shortage, there’s an unprecedented demand for workforce rentals. This surge in demand grants landlords exceptional pricing leverage, allowing for a discerning selection process like never before. Throughout the turbulence of the Covid era, Petersburg has proven itself as a resilient rental market. Moreover, it’s now witnessing increased investment from astute real estate developers and forward-thinking businesses seeking cost-effective operations, all while enjoying convenient access to both Richmond and the intersecting highways of Interstates 85 and 95.

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