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Pending
  • $550,000

    434 Grove Ave, Petersburg, VA 23803

    5beds
    5baths
    3,184sqft
    : 
    Quadruplex, Multi Family, Multi Family
    Built in 1830
    -- sqft lot
    $528,900 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Off street parking spaces
    Historic landmark property in Old Towne Historic District. Currently used as Air B&B in three units and a one bedroom rental apartment. Up-scale renovation completed in 2013. Continuously rented with great cash flow. Built in 1830, it was originally a grocery store and residence. Rear was originally the kitchen building and is now a two story apartment. Multiple off street parking spaces. Property comes fully furnished in AirB&B units and is turn-key for immediate revenue stream. Revenue and expense figures available from listing agent. Property is close to restaurants and shops and downtown historic attractions as well as easy access to Richmond and Fort Gregg-Adams. This is a must see investment property for the selective buyer.
    66 days
    on Zillow
    |
    52
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 22, 2025 at 05:22pm

    Listed by:

    Bill Hartsock 804-366-7418,

    Napier Realtors, ERA

    Source: CVRMLS,MLS#: 2515909MLS LogoOriginating MLS: Central Virginia Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Crawl Space
    • Attic: Access Only
    Interior area
    • Total interior livable area: 3,184 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Off Street, Parking Lot, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    • Has view: Yes
    • View description: City
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: 010110001
    • Zoning description: MXD-1
    • Special conditions: Corporate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story,Victorian
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Brick, Drywall
    • Roof: Metal,Slate
    Condition
    • Year built: 1830

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Controlled Access
    • Subdivision: None
    Location
    • Region: Petersburg

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $186,800
    • Annual tax amount: $2,372
    • Date on market: 6/16/2025
    • Ownership: Corporate
    • Ownership type: Corporation
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