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1228 Commerce Avenue

1228 Commerce Avenue Chesapeake, VA 23324

Multi-Family (2-4 Units) MLS #: 10573622 Courtesy Of Iron Valley Real Estate Norfolk

$275,000

1,624 sq ft
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Est. Property Tax: $2,155
Estimated monthly payments: $1,382/mo.* (recalculate)
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Property InformationDescription

Updated Income-Producing Duplex Turnkey Investment or Owner-Occupant Opportunity!This beautifully renovated duplex offers new paint, windows, gutters, flooring, trim, bathrooms, light fixtures, and ceiling fans throughout. Exterior upgrades include newly poured concrete steps, porch, and patio, plus a large backyard with a shed for extra storage. Currently rented at $1,350 per unit, with recent comps supporting up to $1,550, making this a fantastic investment with room for increased cash flow. Whether you're looking to expand your rental portfolio or live in one unit while renting out the other, this property is move-in ready and low maintenance. Located in a prime area with strong rental demand, this duplex is an excellent opportunity for investors and homeowners alike. Tenants pay all of their own utilities. Don't miss out schedule your showing today! Home is being sold as is. Seller to make no repairs.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick
  • Roof Type: Asphalt

MAP & DIRECTIONS

MAP & DIRECTIONS

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1228 Commerce Avenue, Chesapeake, VA 23324
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School Information

1228 Commerce Avenue, Chesapeake, VA 23324

Elementary School
Grades PK-2 | Public School
RENA B. WRIGHT PRIMARY SCHOOL
Chesapeake, VA 23324
600 Park Ave
757.­494.7585
Distance: 0.6 mi
Student:Teacher Ratio
10:1
Total Students
291
Elementary School
Grades 3-5 | Public School
TRUITT INTERMEDIATE SCHOOL
Chesapeake, VA 23324
1100 Holly Ave
757.­494.8014
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
280
Middle School
Grades 6-8 | Public School
OSCAR SMITH MIDDLE SCHOOL
Chesapeake, VA 23324
2500 Rodgers St
757.­494.7590
Distance: 0.9 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
1055
High School
Grades 9-12 | Public School
OSCAR SMITH HIGH SCHOOL
Chesapeake, VA 23320
1994 Tiger Dr
757.­548.0696
Distance: 5.2 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
2275
Other Nearby Schools Distance Type Grades School Rating
Thurgood Marshall Elementary School 0.9 mi Public PK-5 B+
Berkley Campostella Early Childhood Education Center 0.9 mi Public PK
Southside Stem Academy At Campostella 1.2 mi Public KG-8 F
George W. Carver Intermediate School 1.2 mi Public 3-5 D+
St. Helena Elementary School 1.4 mi Public PK-5 F
Georgetown Primary School 1.6 mi Public PK-3 C-
Portlock Primary School 1.8 mi Public PK-2
Indian River High School 1.9 mi Public 9-12 C
Chesapeake Center For Student Success 2.0 mi Public UG
Norfolk Highlands Primary School 2.0 mi Public PK-3 C+
Chesapeake Christian Academy 2.0 mi Private PK-1
Cathedral Of Faith Christian School 2.0 mi Private PK-KG
Indian River Middle School 2.1 mi Public 6-8 C+
Ruffner Academy 2.3 mi Public 6-8 D-
Court Street Academy 2.3 mi Private PK-1
Chesterfield Academy Elementary School 2.3 mi Public PK-5 F
Brighton Elementary School 2.3 mi Public KG-6 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chesapeake, VA 23324

Median Age: 34.5
Married: 37%
Number of Households: 9,216
Households with Children: 41%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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