Welcome to 39 Walnut Ln, a charming 2-bedroom, 1-bath home with a long-term tenant already in place, currently paying $1,200/month. This property is a perfect investment opportunity for seasoned investors or anyone looking to start their real estate portfolio.
Located in the heart of Petersburg, this home is situated in an area experiencing ongoing revitalization and growth. With new businesses, infrastructure projects, and development initiatives in progress, Petersburg is becoming a hot spot for investors seeking affordable options with high potential for appreciation.
Enjoy steady cash flow from day one while benefiting from the city’s promising future. Whether you're expanding your investment portfolio or taking the first step in building generational wealth, 39 Walnut Ln is a smart move in the right direction.
Sold for $125,000
$125,000
39 Walnut Ln, Petersburg, VA 23803
2beds
912sqft
Single Family Residence
Built in 1974
3,001.28 Square Feet Lot
$127,800 Zestimate®
$137/sqft
$1,322 Estimated rent
Home value
$127,800
Estimated sales range
Not available
$1,322/mo
Zestimate® history
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Owner options
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$1,322/mo
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Rent Zestimate®
Refinance and save
$624/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Danielle Bowers 804-245-5545,
Century 21 Lifestyle,
Octavia Nicholas 804-688-7671,
Century 21 Lifestyle
Bought with:
Daniel Harnsberger, 0225230340
EXP Realty LLC
Source: CVRMLS,MLS#: 2518149
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: First
Kitchen
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Electric, Heat Pump
Cooling
- Central Air
Features
- Flooring: Carpet, Tile, Wood
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
Lot
- Size: 3,001 sqft
Details
- Parcel number: 031070006
- Zoning description: R-3
- Special conditions: Corporate Listing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Single Family Residence
Materials
- Drywall, Frame, Vinyl Siding
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Petersburg
- Subdivision: None
Other
Other facts
- Ownership: Corporate
- Ownership type: Corporation
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $125,000-10.7%$137/sqft |
Source:  CVRMLS #2518149 Report a problem | ||
| 7/28/2025 | Pending sale | $140,000$154/sqft |
Source: CVRMLS #2518149 Report a problem | ||
| 6/27/2025 | Listed for sale | $140,000+27.3%$154/sqft |
Source: CVRMLS #2518149 Report a problem | ||
| 3/15/2024 | Sold | $110,000-10.6%$121/sqft |
Source: CVRMLS #2329028 Report a problem | ||
| 2/9/2024 | Pending sale | $123,000$135/sqft |
Source: CVRMLS #2329028 Report a problem | ||
| 12/4/2023 | Listed for sale | $123,000$135/sqft |
Source: CVRMLS #2329028 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,158 | $91,200 |
| 2024 | $1,158 +54.8% | $91,200 +54.8% |
| 2023 | $748 -5.9% | $58,900 |
| 2022 | $795 | $58,900 +1.9% |
| 2021 | -- | $57,800 |
| 2020 | -- | $57,800 |
| 2018 | $780 | $57,800 |
| 2016 | $780 | -- |
| 2015 | $780 | -- |
| 2014 | $780 | -- |
| 2013 | $780 | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 23803
Nearby schools
GreatSchools rating
- 1/10Cool Spring ElementaryGrades: K-5Distance: 1.2 mi
- 3/10Vernon Johns Middle SchoolGrades: 6-8Distance: 2.2 mi
- 2/10Petersburg High SchoolGrades: 9-12Distance: 2.4 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
$127,800
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
$127,800
- Virginia
- Petersburg City
- Petersburg
- 23803
- 39 Walnut Ln