#2516524, Brooke Andrews, Listing office: Ingram & Associates-Hopewell
#2518149·
Listing office: Century 21 Lifestyle·
Listing agent: Danielle Bowers·
Listing office phone: (804) 722-3391
$140,000 List price
39 Walnut Ln Petersburg, VA 23803
2 beds
1 full
912 sqft
0.07 acres
$154 / sqft
House
Property details
About 39 Walnut Ln
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.
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size912 sqft
Lot size0.0689 Acres
Year built1974
ParkingNo Garage
MLS #2518149
Summary
- Full Bathrooms: 1
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Total Bedroom Count: 2
- Private Pool: No
- Parking: No Garage
- Architectural Style: Bungalow, Cottage
- Heating: Electric, Heat Pump
- Cooling: Central Air
- List Price: $140,000
- Price/SqFt: $153
- Annual Tax Amount: $780
- Tax Year: 2024
- Year Built: 1974
- Stories: 1
- Living Area: 912 SqFt
- Lot Size: 0.0689 Acres
- MLS Number: 2518149
- MLS Name: CVR
- Office Name: Century 21 Lifestyle
- Office Phone: (804) 722-3391
- Office Email: lrgrva@gmail.com
- Listing Agent: Danielle Bowers
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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $91,200 | $780 |
| 2023 | $58,900 | $780 |
| 2022 | $58,900 | $780 |
| 2021 | $57,800 | $780 |
| 2019 | $57,800 | $780 |
History based on county public records data.
Nearby schools
1
Cool Spring Elementary School
Public District KG-5
1.2 mi
•1450 Talley Ave
3
Walnut Hill Elementary School
Public District KG-5
1.4 mi
•300 W South Blvd
1
Pleasants Lane Elementary School
Public District KG-5
1.7 mi
•100 Pleasants Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,669. Residents of Petersburg, VA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
88%
<35k
10%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
10%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
15%
18-34 yrs old
41%
35-64 yrs old
31%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Chico's
Where do the neighbors go to eat?
Church's Chicken
Burger King
Golden Corral
What do the neighbors drive?
Cadillac
Buick
Kia
What do the neighbors listen to?
Jazz
Urban Contemporary
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
#2514991, Derrick Bradford, Listing office: Derrick Bradford Real Estate LLC
#2516993, Matt Smith, Listing office: Weichert Brockwell & Associate
#2514418, Chris Haskins, Listing office: EXP Realty LLC
#VAPC2000108, Derek J. Greene, Listing office: The Greene Realty Group
#2501797, Rick Delgado, Listing office: EXP Realty LLC
#2506409, Ron Taylor, Listing office: Signature Properties
#2513315, Shawnda Parker, Listing office: Samson Properties
#2505997, Samantha Tyler Anger, Listing office: Tyler Realty Group
#2517798, Ray Rivera, Listing office: EXP Realty LLC
Frequently asked questions
About 39 Walnut Ln
The listing price of 39 Walnut Ln property is $140,000.
The property 39 Walnut Ln is a house located in Petersburg, Virginia, 23803.
Active Listing: 39 Walnut Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 39 Walnut Ln are: Cool Spring Elementary School (GreatSchools Rating 1/10), Walnut Hill Elementary School (GreatSchools Rating 3/10), Pleasants Lane Elementary School (GreatSchools Rating 1/10), Colonial Heights Middle School (GreatSchools Rating 4/10), Vernon Johns Middle School (GreatSchools Rating 3/10), Matoaca Middle School (GreatSchools Rating 3/10), Petersburg High School (GreatSchools Rating 3/10), Colonial Heights High School (GreatSchools Rating 6/10), Matoaca High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $780 (source: MLS/based on county public records data).
The property at 39 Walnut Ln has 2 bedrooms and 1 bathroom.
The property 39 Walnut Ln is 912 SqFt (source: MLS/tax record).
The year of construction for 39 Walnut Ln is 1974.
This home is located at 39 Walnut Ln in Petersburg, VA and zip code 23803. This 912 square foot home, which was built in 1974, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $140,000.
While more than 35 listings in Petersburg, VA in June 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Petersburg, VA decreased by 2.8% between May and June 2025. In June 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $250,000.
From Rocket Homes Real Estate and based on county public records data.