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.
Pending
$550,000
434 Grove Ave, Petersburg, VA 23803
5beds
5baths
3,184sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1830
-- sqft lot
$528,900 Zestimate®
$173/sqft
$-- HOA
What's special
Off street parking spaces
- 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#: 2515909
Originating 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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