Petersburg Homes under $500,000

Petersburg Homes under $500,000

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Newest Petersburg Homes under $500,000

320 Shore Street, Petersburg
$114,900
3 Beds ⋅ 1 Baths ⋅ CVR-2628299 MLS
Great opportunity for a solid Petersburg investment property or a home to call your own. Three bedroom one bath home with many recent updates/upgrades. New Mitsubishi mini splits, some new windows, new carpet, new vinyl, new cabinets, counter tops and fresh paint. Recent comparable rentals in the $1200-$1600 range. Ready for your finishing touches. Off street parking. Hurry!!!

320 Shore Street, Petersburg
1342 Steel Street, Petersburg
$155,000
3 Beds ⋅ 1 Baths ⋅ CVR-2628157 MLS
Bring your ideas and make this three-bedroom, one-bath rancher shine! With nice living space and plenty of potential, this home is a great opportunity for an investor, handy buyer, or first-time homebuyer ready to put in a little work. A little TLC could go a long way toward making it your own. Schedule your showing and come see the possibilities!

1342 Steel Street, Petersburg
542 Petty Street, Petersburg
$225,000
4 Beds ⋅ 2 Baths ⋅ CVR-2628161 MLS
Well-kept and priced to get your attention! This four-bedroom, two-full-bath rancher in Berkley Minor offers comfortable one-level living and a roof replaced in 2025. You’ll appreciate the care this home has with a nice yard. With four bedrooms at an attractive price point, this home deserves a spot on your list. Schedule your showing and come see it for yourself!

542 Petty Street, Petersburg
509 N Dunlop Street, Petersburg
$139,950
2 Beds ⋅ 2 Baths ⋅ CVR-2628253 MLS
Opportunity for a great starter home or an investment property! This home features a full bath and a half bath which is almost never found in a 2 bedroom home! Well cared for and ready for occupancy! Quiet street. There is an attached storage shed with a fenced in back yard! this property will qualify for first time buyers, first responders and teachers for a grant program that should make this home is super affordable and built in equity when you move in! For all investors it also could be a good cash flowing home! Don't wait! Come see this one!

509 N Dunlop Street, Petersburg
223 S Crater Road, Petersburg
$319,999
4 Beds ⋅ 4 Baths ⋅ CVR-2628217 MLS
Thoughtfully designed and beautifully appointed, this two-story residence pairs contemporary sophistication with everyday comfort. Featuring 4 spacious bedrooms and 3.5 bathrooms, the home makes a striking first impression with modern siding, an inviting covered front porch, and an expansive concrete driveway. Inside, an airy, open-concept layout unfolds beneath stylish lighting, complemented by warm wood-look flooring and a refined neutral palette. The kitchen anchors the living space with elegant gray cabinetry, crisp white countertops, stainless steel appliances, and a dramatic black marble-look backsplash. A generous center island provides additional seating and a natural gathering place for casual meals and conversation. Light-filled bedrooms offer inviting retreats, while the bathrooms showcase wood-tone vanities, sleek black fixtures, and illuminated LED mirrors. A standout full bathroom delivers a spa-inspired experience with bold black marble-look tile, a glass-enclosed rainfall shower, and a freestanding soaking tub. Outdoor living is equally appealing, with a spacious covered rear deck overlooking a generously sized, fully fenced backyard. From quiet mornings on the front porch to lively evenings outdoors, this distinctive home offers beautifully connected spaces for gathering, unwinding, and enjoying everyday life.

223 S Crater Road, Petersburg
703 E Bank Street, Petersburg
$350,000
CVR-2628225 MLS
Welcome to 703 E Bank Street in Petersburg, VA! This beautifully constructed, brand-new duplex offers approximately 2,000 square feet of total living space, featuring two thoughtfully designed units that combine modern finishes, low-maintenance living, and outstanding investment potential. Each unit features 2 spacious bedrooms, 1 full bathroom, and 1 half bathroom, along with an inviting open-concept main level highlighted by impressive 9-foot ceilings. Recessed lighting throughout creates a bright, contemporary atmosphere, while the kitchens feature 42-inch wall cabinetry with soft-close functionality, offering both style and practical storage. Both units feature luxury vinyl plank (LVP) flooring throughout the main living areas and bedrooms, complemented by tile flooring in the bathrooms and laundry rooms. These thoughtfully selected finishes provide a modern aesthetic while helping minimize long-term maintenance costs. Each unit also features separate utilities, providing added convenience and flexibility for owners and tenants. Located in an Opportunity Zone, this property offers additional appeal for investors seeking potential tax advantages through qualifying investments, subject to applicable program requirements. Whether you're looking to expand your rental portfolio or live in one unit while generating rental income from the other, this newly constructed duplex offers an excellent combination of modern design, functionality, and long-term investment potential. Brand-new construction, quality finishes, low-maintenance living, and income-producing potential

703 E Bank Street, Petersburg
113 Spring Street, Petersburg
$210,000
3 Beds ⋅ 2 Baths ⋅ CVR-2628182 MLS
This Pembroke bungalow style home features 3 bedrooms and 1 full bathroom and 1 half bathroom. Porcelain tiled bathrooms. This home was recently renovated just a few years ago and has been meticulously cared for by the owner occupant. All stainless steel appliances convey. Lighted and spacious dedicated laundry closet. Newer HVAC systems. Conveniently adjacent to RIC1 Amazon Fulfillment Center, Central State Hospital, Prince George, Colonial Heights, Ft Gregg-Adams, I-95 and Virginia State University.

113 Spring Street, Petersburg
131 New Street, Petersburg
$105,000
4 Beds ⋅ 2 Baths ⋅ CVR-2628177 MLS
Excellent investment opportunity with 2 adjacent houses sold as a package.

131 New Street, Petersburg
127 New Street, Petersburg
$70,000
3 Beds ⋅ 1 Baths ⋅ CVR-2628170 MLS
Excellent investment opportunity with 2 adjacent homes being sold as a package.

127 New Street, Petersburg
25615 Grant Avenue, Petersburg
$279,900
3 Beds ⋅ 2 Baths ⋅ CVR-2627703 MLS
$5,000 SELLER CREDIT WITH A FULL-PRICE OFFER!!! Bright living spaces, classic charm, and comfortable single-level living come together at this inviting home! A brick-and-siding exterior, fresh landscaping, and a walkway leading to the front entry create a cheerful first impression. Inside, the living room features new flooring, a modern ceiling fan, and generous windows that fill the space with natural light. Neutral finishes provide an easy backdrop for your personal style. The eat-in kitchen pairs white cabinetry and contrasting black hardware with warm, neutral countertops and a new stainless steel refrigerator, range, and dishwasher. Down the hall, three bedrooms feature new carpeting, ceiling fans, and freshly painted walls, with flexibility for a home office or guest space. The primary bedroom features a spacious en suite bathroom and glass-paneled double doors opening directly onto the rear deck—a lovely spot to start the morning or unwind at the end of the day. The remaining two bedrooms share a hall bath for added convenience. Outside, you’ll enjoy a spacious backyard and a deck that extends the living space for relaxing, entertaining, or enjoying a little fresh air. A detached garage and storage shed offer options for covered parking, a workshop, or additional storage. Don’t miss your chance to enjoy easy living at an excellent price. Schedule your showing today!

25615 Grant Avenue, Petersburg
1051 Sussex Street, Petersburg
$285,000
3 Beds ⋅ 3 Baths ⋅ CVR-2628046 MLS
Beautiful New Construction in East Petersburg! Discover the beauty and comfort of this lovely two-story new construction home offering 1,664 square feet of thoughtfully designed living space, featuring 3 bedrooms and 2.5 bathrooms. Step inside to an inviting, spacious living area that flows seamlessly into the kitchen, creating an open and welcoming atmosphere. The kitchen showcases beautiful white Shaker cabinetry with soft-close drawers, elegant granite countertops, and stylish gold and black fixtures. Recessed lighting and waterproof laminate flooring add a modern touch throughout the home, while a dedicated laundry room provides added convenience. Upstairs, you’ll find three comfortable bedrooms, including a stunning primary bedroom suite designed for relaxation. The primary bathroom features dual vanities, gorgeous marble tile flooring, and a beautifully finished marble tile shower, complemented by soft white and gold accents for a touch of luxury. Don’t miss this exceptional opportunity to own a brand-new home in Petersburg! Enjoy modern finishes, stylish design, and the benefits of new construction. Schedule your private showing today and make this beautiful home yours!

1051 Sussex Street, Petersburg
202 S Little Church Street, Petersburg
$263,000
3 Beds ⋅ 3 Baths ⋅ CVR-2627991 MLS
NEW CONSTRUCTION IN PETERSBURG! Featuring the popular Maggie May floor plan, this charming home is a great opportunity for a first-time homebuyer! Offering approximately 1,200 square feet, 3 bedrooms, and 2.5 baths, this thoughtfully designed home features an inviting open-concept layout perfect for everyday living and entertaining. Step inside to a bright and spacious first floor featuring durable Luxury Vinyl Plank flooring throughout the main living areas. The welcoming family room offers recessed lighting and a ceiling fan and flows seamlessly into the stylish kitchen featuring granite countertops, stainless steel appliances, a center island, pantry, recessed lighting, and ceiling fan. A convenient half bath completes the first floor. Upstairs, you'll find the private owner's suite with a spacious bedroom and en-suite bath featuring a single vanity and tub/shower combination. Two additional generously sized bedrooms and a second full bath complete the upper level. Additional features include low-maintenance vinyl siding, energy-efficient vinyl windows, pull-down attic access for extra storage, a welcoming front porch, and an electric heat pump with central air. Don't miss this opportunity to own a beautiful brand-new home in Petersburg!

202 S Little Church Street, Petersburg
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