Great opportunity for investors or renovators looking for their next project. 1866 Fairfax St, Petersburg offers strong value-add potential in an established neighborhood with consistent rental demand. The property features a functional floor plan and sits on a level lot, providing a solid foundation for renovation and improvement.
With updates, this home presents an excellent opportunity for a fix-and-flip or long-term buy-and-hold strategy. Conveniently located near major roadways, shopping, dining, and downtown Petersburg, offering accessibility and appeal for future occupants.
Property is being sold as-is. Seller to make no repairs.
A great addition to an investor’s portfolio with upside potential.
Sold for $132,500
$132,500
1866 Fairfax St, Petersburg, VA 23805
3beds
1,625sqft
Single Family Residence
Built in 1949
0.26 Acres Lot
$132,900 Zestimate®
$82/sqft
$2,002 Estimated rent
Home value
$132,900
Estimated sales range
Not available
$2,002/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 04, 2026 at 02:22pm
Listed by:
Charleen Herriott membership@therealbrokerage.com,
Real Broker LLC
Bought with:
Keia Evans, 0225183055
Samson Properties
Source: CVRMLS,MLS#: 2600057
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Heating
- Baseboard, Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Bedroom on Main Level, Ceiling Fan(s), Laminate Counters
- Flooring: Ceramic Tile, Laminate, Wood
- Basement: Crawl Space
- Attic: Walk-In
Interior area
- Total interior livable area: 1,625 sqft
- Finished area above ground: 1,625
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway, Garage, On Street, Unpaved
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Unpaved Driveway
- Pool features: None
- Fencing: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 054250006
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Drywall, Concrete, Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Petersburg
- Subdivision: Walnut Hill
Other
Other facts
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Sold | $132,500-21.1%$82/sqft |
Source:  CVRMLS #2600057 Report a problem | ||
| 1/6/2026 | Pending sale | $168,000$103/sqft |
Source: CVRMLS #2600057 Report a problem | ||
| 1/1/2026 | Listed for sale | $168,000$103/sqft |
Source: CVRMLS #2600057 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,836 | $144,600 |
| 2024 | $1,836 +17.7% | $144,600 +17.7% |
| 2023 | $1,561 -5.9% | $122,900 |
Find assessor info on the county website
Neighborhood: 23805
Nearby schools
GreatSchools rating
- 2/10Walnut Hill Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10Vernon Johns Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Walnut Hill
- Middle: Vernon Johns
- High: Petersburg
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$132,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$132,900
- Virginia
- Petersburg City
- Petersburg
- 23805
- 1866 Fairfax St