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1227 Montgomery Avenue, 
Petersburg, VA 23803

$144,950

3

Beds

1

Bath

980

Sq Ft

Single Family

Active

Listed by

Nicole Lee

Samson Properties

804-430-9410

Last updated:

January 13, 2026, 11:56 PM

MLS#

2600641

Source:

RV

About This Home

1227 Montgomery Avenue

Charming Rancher – Great Investment or Starter Home! This cozy ranch-style home offers an incredible opportunity for first-time buyers or investors alike. With a tenant already in place, it’s a ready-made income property — or the perfect chance to build equity at an affordable price. Sold as is, this home is full of potential and priced to sell quickly! Positive Cash Flow, Turnkey Rental – Day 1 Tenant in place through April 2026 Rents at $1,299/month, current and up to date Sold as-is, with lease and tenants to convey Drive by today, see the location, and make your move. Located near shopping, dining, parks, and major roadways, this home makes everyday living easy and convenient.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1957

Price Summary

144,950

$147 per Sq. Ft.

MLS #:

2600641

Last Updated:

January 13, 2026, 11:56 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

980 Sq. Ft.

Structure

Structure

Architectural Style:

Bungalow, Cottage

Building Area:

980 Sq. Ft.

Year Built:

1957

Lot

Lot Size (Sq. Ft):

6,973

Finances & Disclosures

Finances

Price:

$144,950

Price per Sq. Ft:

$147 per Sq. Ft.

MLS Logo
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.