8 Gibbons Avenue, Petersburg, VA 23803
Lavelle · Petersburg County
Key Facts
Description
Welcome to 8 Gibbons Avenue, a clean and freshly painted 3-Bedroom/ 1-Full Bathroom home offering approximately 982 square feet on a spacious 64-by-100-foot corner lot. Located at the end of Gibbons Ave, with no through traffic, adjacent to Petersburg National Battlefield Park. This property sits across from and walking distance to Lakemont Elementary School, a peaceful end road, with plenty of shade. This level, grassy lot features a beautiful, mature pine tree, an open backyard for family time, kids to play, relaxing area, and future potential shed or covered carport on an already provided concrete patio. This home's convenient location makes it a great opportunity for a first-time buyer, downsizer, or investor. For Rental Investors, estimated rent may range from $1400-$1550 per month, providing potential gross rental income of approximately $16,800-$18,600 per year before expenses. This could be an excellent starter investment, long-term rental, or owner-occupied home with future income potential. Move in ready appearance, peaceful surroundings, nearby green space, and a desirable corner location makes this property one worth seeing. Rental estimates are not guaranteed and should be independently verified by the buyer.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1961
Stories
1
Living Area
982 sq ft
Lot Size
0.15 acres
Lot Dimensions
64x100
Ownership
Individuals
Days on Market
2
MLS® Listing#
2618747
Property Features
- Appliances:
- Electric Cooktop, Cooktop, Electric Water Heater
- Cooling:
- Window Unit(s)
- Heating:
- Electric, Forced Air
- Flooring:
- Wood
- Pool:
- None
- Parking:
- On Street
- Patio:
- Rear Porch, Front Porch, Patio, Porch
- Fencing:
- Back Yard, Fenced, Partial, Privacy
- Lot Features:
- Cleared
- Construction:
- Wood Siding
- Roof:
- Composition, Shingle
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- First
Schools
- Elementary:
- Lakemont
- Middle:
- Vernon Johns
- High:
- Petersburg
HOA & Tax
- Annual Tax:
- $1,185 (2025)
- Assessed Value:
- $93,300
- Parcel #:
- 014-060004
Directions
From E. Washington St. , turn onto Monument Ave, then turn left onto Hare St. Continue onto Gibbons avenue. 8 Gibbons will be at the end of the road, on right corner.
Affordability Calculator
$30,980
Estimated monthly payment
$824/mo
Principal $123,920 · Est. interest $172,879 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Petersburg, VA
- $278,261
- Median Listing Price
- 40
- Median Days on Market
- 1,610
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 158
- Active Listings
- This home’s price is 44% below the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Petersburg, VA.
Location
- 8 Gibbons Avenue, Petersburg, VA 23803
Walk Score
Nearby Schools
Robert E Lee Elementary School
Elementary · 0.1 mi away
Lakemont Elementary School
Elementary · 0.1 mi away
Saint Joseph Catholic School
Elementary · 1.6 mi away
Albc School
School · 1.8 mi away
Colonial Heights Middle School
Secondary · 1.8 mi away
Communities in Schools - Petersburg
School · 1.9 mi away
Petersburg City Public Schools
School · 1.9 mi away
Colonial Heights Public Schools
School · 2.1 mi away
Appomattox Regional Governor's School
Secondary · 2.3 mi away
Walnut Hill Elementary School
Elementary · 2.3 mi away
Wiz Kidz Learning Center
School · 2.4 mi away
Peabody Middle School
Elementary · 2.4 mi away
Colonial Heights Vo Tech Center
School · 2.5 mi away
Colonial Heights High School
Secondary · 2.6 mi away
Billups T&C
School · 2.7 mi away
Ettrick Elementary School
Elementary · 3.1 mi away
Westview Early Childhood Education Center
School · 3.1 mi away
William A Walton Elementary School
Elementary · 3.2 mi away
Specialized Youth Services Day School
School · 3.2 mi away
Robert A Lewis Christian School
School · 3.2 mi away
Commute Calculator
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EXIT Agents in Petersburg
Listing Courtesy: Weichert Brockwell & Associate - 8045180500
Presented by: Kenneth Byers
Last Updated: 2026-07-10