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207 89th Street, Northeast Virginia Beach
$980,000
10656061 MLS
Whether you envision keeping it as a duplex with income-producing potential, creating a vacation or multigenerational property, or exploring the possibilities of converting it into a single-family home, the layout offers plenty of room for imagination. Just a five-minute walk to the beach in Virginia Beach’s highly sought-after North End, the property features two connected-yet-separate residences. The larger residence (approx. 1,339 SF) offers abundant natural light, fresh paint, an updated kitchen with newer appliances, fireplace, spacious primary suite with flexible adjoining space, private en-suite bath with jetted tub, private balcony, and rooftop terrace. The adjoining residence (approx. 1,080 SF) has a private entrance while maintaining interior connectivity and features an updated kitchen, newer appliances, fireplace, two spacious bedrooms, full bath, private patio, and outdoor shower. Recent improvements include a new roof, exterior paint, refreshed outdoor living spaces, updated landscaping, renovated kitchens, and newer appliances. Bring your imagination, personalize the space to fit your vision, and make this unique North End property truly your own.

207 89th Street, Northeast Virginia Beach

406 South Armistead Avenue, Hampton West
$725,000
10654943 MLS
**GREAT INVESTMENT OPPORTUNITY – 7-UNIT MULTIFAMILY PROPERTY!** Fully occupied income-producing property offering immediate cash flow with multiple opportunities for future upside. Recent improvements include **new mini-split systems, updated electrical, a new roof in 2021, and new flooring and windows in 5 of the 7 units**. Current rent roll includes several month-to-month tenancies, providing a future owner flexibility to evaluate lease terms and bring rents toward market levels as appropriate, while longer-term leases provide additional stability. Additional income/NOI potential may exist through implementation of tenant utility reimbursement or tenant-paid utility structures where legally permissible and subject to existing leases and utility configuration. Situated on approximately **0.5186 acres (22,591 SF)** with approximately **5,210 SF of building area**, the property also offers an intriguing additional development component: the front portion of the site is currently being evaluated for possible subdivision. No value for a potential subdivided parcel is included in the current financial projections, and any subdivision or development is subject to governmental approval and buyer due diligence. An excellent opportunity for investors seeking an income-producing multifamily asset, portfolio addition, or potential **1031 exchange replacement property**. **Current rent roll, survey, and preliminary pro forma are uploaded under Documents for review.**

406 South Armistead Avenue, Hampton West

1520 Prentis Ave Avenue, Central Portsmouth
$850,000
10653977 MLS
Investment opportunity in the Prentis Park area of Portsmouth. This quadplex offers approximately 5,324 sq ft across 4 units with a total of 12 bedrooms, 4 full baths, and 2 half baths. Each unit features 3 bedrooms, 1.5 baths on the main level, and 1 full bath upstairs. Each unit is individually metered for electric and water. Improvements include roof replaced ~2021, a new crawl space fan, moisture barrier, and dehumidifier, all-new hot water heaters, new siding, front door, front porch with railings, a new electrical panel, and an insulated attic. Newer Carpet and flooring. All units include stackable front-loading washer/dryers. Unit 2 remodeled with new kitchen appliances, cabinets, granite countertops, flooring, and bathroom tub and vanity. Section 8 approved. Estimated expenses include trash ~$76/month, homeowners' insurance ~$4,700/year, and property taxes ~$4,200/year (buyer to verify). Conveniently located near major roadways, public transportation, and local amenities.

1520 Prentis Ave Avenue, Central Portsmouth

4308 Lee Avenue, Northwest Virginia Beach
$625,000
10653996 MLS
BEACH LIVING AT ITS BEST! Incredible opportunity in the highly desirable Chesapeake Beach neighborhood. This charming multi-family property sits just one block from the picturesque Chesapeake Bay and minutes from local military bases. Featuring durable concrete block walls with a stucco finish, central air conditioning, and comfortable single-story living. The entire house boasts brand-new plumbing drains running all the way out to the street, providing ultimate peace of mind. Both sides are thoughtfully updated: the left unit features luxury vinyl plank (LVP) and a completely remodeled kitchen with modern finishes, while the larger right unit also includes an office space, fresh paint and LVP flooring throughout. This side by side duplex, with Two 2BR/1BA units, is a fantastic chance for investors or buyers looking to property in "Chic's Beach". The home is being sold as-is, making it a rental income producer or a fantastic coastal find for investors.

4308 Lee Avenue, Northwest Virginia Beach

606 Walker Avenue, East Norfolk
$295,000
10653875 MLS
606 & 608 Walker Ave. This recently renovated 2-bed, 1-bath duplex features newer appliances, including an in-unit washer and dryer (608). Additional highlights include durable LVP flooring throughout, a fenced-in backyard, storage shed, and a welcoming front porch. Ideally located just minutes from downtown Norfolk, this property offers a rare opportunity for both owner-occupants and investors. Live in one unit while generating rental income from the second 2-bedroom, 1-bath unit, complete with its own kitchen and living room. Each unit is separately metered and includes its own washer and dryer, adding convenience and value. For investors, this duplex presents strong upside potential. Combined monthly rents could create an attractive income-producing asset in a high-demand area near major hospitals, universities, and employment centers. One side is leased out to 11/30/26, the other side is vacant for a new owner to occupy or a new renter.

606 Walker Avenue, East Norfolk

521 Monroe Avenue, Northampton
$889,000
10653643 MLS
Rare turnkey duplex investment opportunity in the heart of historic Cape Charles. Fully renovated in 2020, this coastal property features two identical units, each offering 3 bedrooms, 2 full baths, spacious living areas, full kitchens with stainless appliances, dining areas, hardwood flooring, wall-to-wall carpet, attic storage, and in-unit washers & dryers. Both units include central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and off-street parking with a stone driveway. All furniture, appliances, and decor purchased in 2021 convey, making this a true move-in ready or short-term rental opportunity. Property has 4 years of established vacation rental history with strong income potential. Located just minutes from public beach access, local shops, restaurants, and entertainment in one of Virginia’s most popular coastal towns. 1 unit is occupied with a year lease ending in 2027 and the other unit has several short term rentals

521 Monroe Avenue, Northampton

138 Dupre Avenue, North Norfolk
$360,000
10653252 MLS
Excellent opportunity to own a fully occupied duplex investment property in Norfolk just 6 blocks from the Chesapeake Bay! This cash-flowing multifamily property already has performing tenants in place, including a highly desirable 3-bedroom unit, making it a strong addition to any rental portfolio. Major capital improvements have already been completed, including new roof, new HVAC systems, updated plumbing, updated electrical, new flooring, new cabinets, and fresh paint, helping minimize near-term maintenance expenses for the next owner. Each unit has separate utility meters with tenants paying utilities, creating a more efficient income-producing property structure and improving overall investment returns. The location is highly attractive for long-term renters and military tenants. Situated just 6 miles from Norfolk Naval Base, 6 miles from the Hampton Roads Bridge-Tunnel, and minutes to the Chesapeake Bay beaches!

138 Dupre Avenue, North Norfolk

937 Little Bay Avenue, North Norfolk
$575,000
10652453 MLS
Welcome to 937 Little Bay Avenue—a beautifully cared-for 2-bedroom, 1-bath beachfront cottage offering relaxed coastal living directly on Little Bay with detached one bedroom garage/apartment. Step outside to your own private sandy beach, enjoy expansive water views, and experience the charm of a true Norfolk beach bungalow. Garage apartment is currently rented for $1,150 per month, providing an immediate income stream. The main home and garage apartment share a water meter while featuring separate electrical service. Abundant private off-street parking provides plenty of room for residents and guests. This rare property offers the perfect combination of waterfront lifestyle and investment potential—ideal as a primary residence, second home, vacation rental, family compound, or long term rental opportunity. Conveniently located near military bases, beaches, dining, shopping, and everything Coastal Virginia has to offer, in an area known for strong rental demand.nego

937 Little Bay Avenue, North Norfolk

316 16th Street, Northeast Virginia Beach
$995,000
10652121 MLS
Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.

316 16th Street, Northeast Virginia Beach

112 Buckroe Avenue, Hampton East
$625,000
10651598 MLS
At 112 Buckroe Avenue, history, craftsmanship, and opportunity meet just moments from the Chesapeake Bay. Held by the same family for nearly 50 years, this distinctive property has undergone a comprehensive restoration, including new HVAC, electrical and plumbing systems, structural improvements, and beautifully renewed interiors while preserving original architectural details. The second level offers a spacious 2-bedroom residence with water views, full bath, expansive kitchen, generous living area, and oversized rear deck. The first level is ideal for a professional office or owner-user, featuring a lobby, conference area, three offices, accessible restroom, kitchenette, storage, and covered rear porch. With front and rear parking and just 0.1 mile—a 2-minute walk—to Buckroe Beach, this unique live-work property offers exceptional potential as a residence, professional headquarters, or income-producing investment. Also Commercial MLS 10651034

112 Buckroe Avenue, Hampton East

3824 Turnpike Road, Central Portsmouth
$300,000
10651361 MLS
Fantastic opportunity to own a triplex in Portsmouth, VA with built-in rental income! Great for an owner-occupant or investor, the largest unit (Unit A) is currently vacant and ready for occupancy, while Units B and C are occupied and producing income.This charming brick Cape Cod sits on approximately half an acre, set back from the road beneath beautiful mature trees offering privacy, shade and a scenic setting. Unit A offers front and rear access. Unit B is located above with a separate front entrance, while Unit C is positioned alongside Unit A with rear access. Between Units A and C is a screened porch and shared laundry area. The property also includes a storage shed and plenty of outdoor space.Live in one unit while the other two help offset your mortgage—or add 3 more doors to your investment portfolio with this unique income-producing property!

3824 Turnpike Road, Central Portsmouth

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

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