Property

Chesapeake, VA 23324 1228 Commerce AVE

Presented By: Iron Valley Real Est Norfolk
  • MLS# 10573622
  • 03/12/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • SQFT • 1,624

Home Details

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.
Presented By: Iron Valley Real Est Norfolk

Interior Features for 1228 Commerce AVE

Other Interior Features

Water Heater TypeElectric

General for 1228 Commerce AVE

Area31 - Central Chesapeake
Elementary SchoolRena B. Wright Primary
Energy EfficiencyWater Heater-Tankless
High SchoolOscar Smith
Middle SchoolOscar Smith Middle
New Construction Y/NNo
NonNon Contingent
Other SchoolTruitt Intermediat
Ownership TypeSimple
Property TypeMulti Family Residential
RoofAsphalt Shingle
StyleSide by Side
Sub TypeDuplex
Subdivision NameSOUTH NORFOLK
Water TypeCity/County
Waterfront DescriptionNot Waterfront
ZoningRSFA1

Exterior for 1228 Commerce AVE

Fence DescriptionNone
FoundationCrawl
Lot FeaturesShed
Sewer TypeCity/County
SidingBrick, Vinyl
WaterfrontNo

Additional Details

Price History

Schools

High School Oscar Smith High School
Elementary School Rena B. Wright Primary Elementary School
Middle School Oscar Smith Middle

Maureen Montealegre

Price $275,000
MLS#10573622
List Date 03/12/2025
Property Type Contingent
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 1228 Commerce AVE

Scroll to Top