$344,900 | 1228 Commerce Avenue Chesapeake, VA 23324
RARE OPPORTUNITY TO OWN A TURN-KEY SIDE-BY-SIDE DUPLEX IN CHESAPEAKE WITH ONE UNIT VACANT AND MOVE-IN READY! WHETHER YOU'RE LOOKING TO LIVE IN ONE SIDE WHILE GENERATING RENTAL INCOME FROM THE OTHER, ADD AN INCOME-PRODUCING PROPERTY TO YOUR PORTFOLIO, OR MAKE YOUR FIRST MOVE INTO REAL ESTATE INVESTING, THIS PROPERTY OFFERS FLEXIBILITY FROM DAY ONE. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH WITH A WITH A FUNCTIONAL ONE-LEVEL LAYOUT. THE CURRENT OWNERS HAVE COMPLETED NUMEROUS UPDATES AND IMPROVEMENTS, INCLUDING A NEW HVAC UNIT MAKING THIS AN EASY OPPORTUNITY WITHOUT THE IMMEDIATE RENOVATION LIST. UNIT B IS VACANT AND READY FOR ITS NEXT OWNER OR TENANT, WHILE UNIT A IS CURRENTLY TENANT OCCUPIED. A GREAT OPTION FOR AN OWNER-OCCUPANT, FIRST-TIME INVESTOR OR SEASONED INVESTOR LOOKING FOR A WELL-MAINTAINED DUPLEX WITH STRONG LONG-TERM POTENTIAL. CONVENIENTLY LOCATED IN SOUTH NORFOLK WITH EASY ACCESS TO MAJOR HIGHWAYS, DOWNTOWN NORFOLK, SHOPPING, DINING AND MORE. SCHEDULE YOUR PRIVATE TOUR!
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- Listing Price
- $344,900
- MLS#
- 10650320
- Listing Status
- New Listing
- Listing Type
- Multi-Family Residential
- Property Type
- Multi Family Residential
- Subdivision Name
- SOUTH NORFOLK
- Neighborhood Name
- Null
- Area Name
- 31 - Central Chesapeake
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- RSFA1
- Year Built
- 1960
- Listing Office
- Creed Realty
- Added to Website
- Aug 21, 2026
(4 days ago)
- Bedrooms
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Number of Rooms
- Living Space
- 1,624 sqft
- Levels
- 0.0
- Architecture
- Side by Side
- Roof
- Asphalt Shingle
- Exterior Covering
- Brick, Vinyl
- Foundation
- Crawl
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $2,682.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Flooring
- EMPTY
- Water Heater Type
- Electric
- Water Type
- City/County
- Fence
- None
- Parking
- EMPTY
- Waterfront
- No
- Water Description
- Not Waterfront
Public Schools
- School District
- Chesapeake Public Schools
- Elementary School
-
Rena B. Wright Primary (0.6 mi)
600 Park Ave
Chesapeake, VA 23324
(757) 494-7585 - Middle School
-
Oscar Smith Middle (1 mi)
2500 Rodgers St
Chesapeake, VA 23324
(757) 494-7590 - High School
-
Oscar Smith High (5.2 mi)
1994 Tiger Dr
Chesapeake, VA 23320
(757) 548-0696 -
Yeshiva Aish Kodosh Talmudical Academy (3.4 mi)
612 Colonial Ave, Norfolk, VA 23507
(757) 623-6070 -
St Paul's Learning Center (0.8 mi)
1615 Isaac St, Norfolk, VA 23523
(757) 545-7998 -
Providence Christian School (1.8 mi)
501 Providence Rd, Chesapeake, VA 23325
(757) 523-6480 -
Cathedral Of Faith Christian School (2.1 mi)
2020 Portlock Rd, Chesapeake, VA 23324
(757) 545-8050 -
Court Street Academy (2.3 mi)
447 Court St, Portsmouth, VA 23704
(757) 393-2312 -
Cornerstone Christian School (2.3 mi)
1212 Willow Ave., Chesapeake, VA 23325
(757) 424-1230
Private Schools
| Total Population | 23,789 |
|---|---|
| Median Commute Time | 20 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 34 yrs |
| Residential Turnover Rate | 20% |
| Median Home Sales Price | $110,332 |
| Average Home Sales Price | $115,797 |
| Average Home Property Tax | $1,699 |
| Crime Risk Index | 102/100 |
| Air Pollution Index | 84/100 |
| Family Households | 5,956/9,031 (66.0%) |
| Households w/ Children | 3,421/9,031 (37.9%) |
| Average Family Size | 3 |
| Population Density | 3,561/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $37,671 |
| Per Capita Income | $19,147 |
| White Collar Jobs | 3,858% |
| Overall Weather Risk | 188/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,436
- Taxes*:
- $224
- Insurance*:
- $75
- Total Monthly Payment:
- $1,734
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This home located at 1228 Commerce, Chesapeake, VA 23324 has approximately 1,624 square feet. It is currently listed for $344,900 and has a price per sqft of $21,238. This home is currently New Listing under the MLS#: 10650320. This listing is provided by Creed Realty.
1228 Commerce Avenue, Chesapeake was built in 1960. It has parking.
1228 Commerce is part of the South Norfolk neighborhood located in 23324.
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