Courtesy: BHHS RW Towne Realty
757-549-2000
Exclusive Showing Thursday, 2/26/26 from 10am to 11am! Exceptional Investment Opportunity! One unit is vacant; one is occupied by a tenant. Tenant needs 48 hours notice to approve showings for the occupied unit. DO NOT DISTURB TENANT. LARGE side-yard and backyard lot. Onsite driveway for parking in the front, with backyard access. Wonderfully situated near major interstates, military bases, and a variety of restaurants. Additionally, washer/dryer are in both units. Whether you're a savvy investor or an owner-occupant looking to build equity, this is a great chance to create lasting value. Each unit has individual power meter, gas meter and water meter. Don't miss out on this wealth-building opportunity!
Courtesy: Inlet Realty
757-276-3330
Sunnybrook Apartments (824 Post Ave and 2127 Chesapeake Drive, Chesapeake, VA) is a 48-unit multifamily community in the Hampton Roads metro, positioned for cash flow and upside. The property offers an attractive unit mix of forty-four (44) 2BR/1BA and four (4) 1BR/1BA apartments, supporting broad renter demand. Offered at a $5,625,000 list price, buyers may benefit from assumable financing of approximately $3.5M at 5.7% interest (subject to lender approval), helping reduce interest-rate uncertainty and enhance leverage. The Chesapeake location provides convenient access to retail, dining and commuter routes. A compelling value-add story exists through rent optimization, interior upgrades and operational efficiencies as units turn. Ideal for 1031 exchange or portfolio expansion. Contact broker for offering memorandum, rent roll and financials. Tours by appointment only - please do not disturb residents.
Courtesy: Iron Valley Real Est Norfolk
757-900-4873
Located in the heart of Historic South Norfolk, this completely renovated duplex offers a rare turnkey opportunity for homeowners and investors alike. Every major system has been updated, including a new roof, plumbing, electrical, and HVAC, providing peace of mind for years to come. Inside, both units feature all-new flooring, fully remodeled bathrooms with tile showers, and brand-new kitchens equipped with modern cabinetry, granite countertops, and stainless steel appliances. The thoughtful renovations blend modern finishes with the charm of this historic neighborhood. Whether you'??re looking to house-hack, generate rental income, or add a low-maintenance property to your portfolio, this duplex delivers quality, style, and long-term value in a prime location.
Courtesy: Inlet Realty
757-276-3330
Unique mixed-use investment in sought-after Hickory! Set on a rural parcel yet conveniently near major highways, 4443 Old Battlefield Blvd offers a versatile income-producing layout with multiple revenue streams. The property includes a duplex and a triplex for residential rental demand, plus two commercial spaces suited for neighborhood service, office, or small business use. Served by well and septic, this setup can help keep operating costs manageable (buyer to verify capacity, usage, and any expansion potential). Enjoy the appeal of country surroundings with commuter-friendly access'??an attractive combination for tenants and business operators alike. Excellent opportunity to hold for steady cash flow, improve and reposition, or add value through rent optimization and targeted updates. Offered at $1,250,000. Buyer to verify zoning, permitted uses, and all property details.
Courtesy: LPT Realty LLC
877-366-2213
Unique mixed-use asset positioned in the heart of South Norfolk'??s downtown district, offering both street-level commercial visibility and rear residential income. The front commercial suite features an open, gallery-style layout with updated lighting, modern flooring, and a dedicated restroom'??ideal for retail, studio, office, or wellness use. Behind the storefront sits a two-unit residential configuration, each with separate access, providing diversified income streams on one parcel. The rear of the property offers off-street parking, fenced outdoor space, and storage sheds, adding functional utility for both tenants and ownership. Exterior features include brick walkways, alley access, and classic neighborhood architecture. Located just minutes from major commuter routes, shipyard access, dining, and shopping, this property blends location, flexibility, and income potential into one versatile investment opportunity.
Courtesy: BHHS RW Towne Realty
757-436-3636
Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $3,825 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!
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Chesapeake is located in Virginia. Chesapeake, Virginia has a population of 247,172. Chesapeake is less family-centric than the surrounding county with 35.27% of the households containing married families with children. The county average for households married with children is 35.27%.
The median household income in Chesapeake, Virginia is $85,563. The median household income for the surrounding county is $85,563 compared to the national median of $69,021. The median age of people living in Chesapeake is 37.1 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 47.4 inches per year, with 5.3 inches of snow per year.
