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115 S Market Street, Petersburg, VA 23803

None · Petersburg County

Key Facts

6Beds
5Baths
4,874Sq Ft
1850Year Built
0.42Lot (acres)
2Stories

Description

Large pre-Civil War mansion circa 1850. One half has been renovated for a 2-bedroom, 3 bath living quarters while other half is gutted and ready to restore for whatever you want. Much original woodwork and materials in property. Full basement that has been sealed with concrete floor. Separate one bedroom rental unit in rear which is ready to rent. Large lot in rear with lots of off-street parking. This is a flexible property for residential, multi-family residential and/or business. Prime location in downtown Petersburg historic districts and rapidly growing city. There is no better value in the area.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Two Story, Victorian

Year Built

1850

Stories

2

Living Area

4,874 sq ft

Lot Size

0.42 acres

Ownership

Individuals

Days on Market

15

MLS® Listing#

2605564

Property Features

Interior

High Ceilings

Cooling

Central AirElectricWindow Unit(s)

Heating

ElectricNatural GasOtherSpace Heater

Flooring

Wood

Basement

Crawl SpacePartial

Pool

None

Parking

Off StreetOn Street

Patio

Front PorchPorch

Lot Features

ClearedSplit Possible

Construction

BrickClapboard

Roof

Metal

Windows

Bay Window(s)

Sewer

Public Sewer

Water Source

Public

Rooms

  • First

Schools

Elementary:
Pleasants Lane
Middle:
Vernon Johns
High:
Petersburg

Financial Details

Annual Taxes

$4,594

Tax year 2025

Assessed Value

$361,700

Parcel Number

022-180004

Directions

I-95 Exit 52, right on Washington, left on Market to second block

Affordability Calculator

$77,000

Estimated monthly payment

$2,049/mo

Principal $308,000 · Est. interest $429,687 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Petersburg, VA

$274,286
Median Listing Price
40
Median Days on Market
1,620
Median Sq Ft
$171
Median Price / Sq Ft
148
Active Listings
  • This home’s price is 40% above the area median.
  • Its price per sq ft is 54% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Petersburg, VA.

Location

Map showing the location of 115 S Market Street, Petersburg, VA 23803

Points of Interest in Petersburg, VA

Showing the Petersburg area map.

Nearby Schools

  • Albc School

    School · 0.3 mi away

  • Appomattox Regional Governor's School

    Secondary · 0.3 mi away

  • Saint Joseph Catholic School

    Elementary · 0.4 mi away

  • Peabody Middle School

    Elementary · 0.6 mi away

  • Colonial Heights Public Schools

    School · 1.2 mi away

  • Westview Early Childhood Education Center

    School · 1.3 mi away

  • Colonial Heights Middle School

    Secondary · 1.5 mi away

  • Billups T&C

    School · 1.5 mi away

  • Ettrick Elementary School

    Elementary · 1.5 mi away

  • Pleasants Lane Elementary School

    Elementary · 1.7 mi away

  • Communities in Schools - Petersburg

    School · 1.8 mi away

  • Petersburg City Public Schools

    School · 1.8 mi away

  • Walnut Hill Elementary School

    Elementary · 1.9 mi away

  • Robert E Lee Elementary School

    Elementary · 2.0 mi away

  • Lakemont Elementary School

    Elementary · 2.0 mi away

  • Wiz Kidz Learning Center

    School · 2.4 mi away

  • Vernon Johns Middle School

    Secondary · 2.7 mi away

  • Petersburg High School

    Secondary · 2.8 mi away

  • Lakeview Elementary School

    Elementary · 2.9 mi away

  • Colonial Heights Vo Tech Center

    School · 3.0 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Petersburg

Central Virginia Regional MLS logo

Listing Courtesy: Napier Realtors, ERA - 8045249001

Presented by: Bill Hartsock

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.

Last Updated: 2026-03-07

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralVirginiaRegionalMls. MLS® Listing#2605564. © 2026EXIT Realty®. All rights reserved.