Historic Home and Apartment | Extra Lot Petersburg, VA

Property Location MAP

416 W Washington St
Petersburg, VA 23803

Property #: KEY5222

Contact Agent

Naomi Lewis, PMP, CAI, BAS
Tranzon Key

757-870-3871 Or 888-621-2110 nlewis@tranzon.com

Linda Terry

804-837-1705 lterry@tranzon.com
Year Built: 1830
Square Footage: 4,532
Main House: Bedrooms - 3
  Baths - 2 1/2
Apartment: Bedrooms - 1
  Baths - 1

Historic Elegance. Modern Comfort.

Exceptional Versatility.

416 West Washington Street | Petersburg, Virginia
 
A Distinguished 1830 Residence with a Furnished Apartment and Additional Parcel
 
A Home with History. A Property with Possibilities.
 
Built in 1830 and thoughtfully updated for modern living, 416 West Washington Street offers a distinctive opportunity to own a piece of Petersburg’s architectural heritage. Located in the historic Folly Castle district, the residence blends original heart pine floors, high ceilings, gracious formal rooms, and preserved details with contemporary conveniences.
 
Beyond the main residence, an attached, fully furnished one-bedroom apartment with a private entrance offers flexibility for extended family, guests, or potential rental income. A second parcel, historically associated with the property’s stable, adds another dimension to this unique offering.
 
Conveniently located near downtown Petersburg’s restaurants, shops, galleries, and public library, the property blends historic character with everyday convenience.
 
More than a historic home, this is an opportunity to enjoy timeless architecture with the flexibility to meet today’s lifestyle needs.
 
PROPERTY EXPERIENCE | 416 WEST WASHINGTON STREET

Timeless Character. Flexible Living.

Unique Possibilities.

Historic Architecture Meets Modern Comfort
 
Experience the charm of a historic Petersburg residence where preserved architectural details complement thoughtful modern updates. Spacious gathering rooms, an updated kitchen, and an inviting primary suite offer elegance and everyday comfort.
 
Original heart pine floors and high ceilings | Formal living and dining rooms, parlor and family room | Granite kitchen with gas cooktop | Primary suite with dressing room and private bath | Covered porches, balcony and brick patio
 
One Property. More Ways to Live.
 
An attached, fully renovated, furnished one-bedroom apartment offers remarkable flexibility. With a separate rear entrance, living room, kitchen, bedroom, full bathroom, and private second-story balcony, it offers a comfortable, self-contained living environment.
 
Welcome extended family, accommodate guests, create a private workspace, or explore supplemental rental income.
 
Historical rental income: Up to $1,800 per month, according to the seller. Future income, occupancy, and permitted uses are not guaranteed.
 
Additional Land. Additional Possibilities.
 
The offering includes a second tax parcel directly behind the residence. Historically known as the Stable Lot, this approximately 73-by-30-foot parcel retains brick ruins associated with the original carriage house or stable. Explore enhanced landscaping, outdoor amenities, or other creative uses, subject to zoning, historic-district requirements, and approvals.
 
A Setting Rich in Petersburg History
 
Mature landscaping, a brick patio, and a magnificent ginkgo tree create a memorable setting. Family tradition holds that the tree was a gift purportedly from Thomas Jefferson; this account has not been independently verified. The home also includes preserved architectural details and windowpane inscriptions dating to 1869.
 
EXPERIENCE 416 WEST WASHINGTON STREET IN PERSON | SCHEDULE A PRIVATE SHOWING
 
Parcel ID#: 023160006 / 023160800
2025 Tax Assessment: $308,600 / $800
2025 Annual Taxes: $3,919 / $800
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

VAAF423

Directions:

From I-95 South / I-85 South, take exit 52 for Wythe St/Washington St toward Washington St. Continue onto W Washington St. Proceed west through downtown Petersburg. Property will be on the right at 416 W Washington Street.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Naomi Lewis, PMP, CAI, BAS

Naomi Lewis, PMP, CAI, BAS: Tranzon Key

757-870-3871 nlewis@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 35-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $5,000 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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