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    113 Chestnut St Suffolk, VA 23434

    Sponsored
    For Sale
    $265,000

    Quadruplex,Multi Family Residential - Over/Under,Side by Side

    Type:Quadruplex
    Property size:
    3,040 SF
    Days on Market:
    11
    Last Refresh:
    Jan 10 at 7:06 am

    Property Features for 113 Chestnut St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Size
    3,040 SF

    Building Details

    Year built
    1920
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Atlantic Sotheby's International Realty (757) 340-5555 [email protected]

    Listing agent Nicholas Becerra (757) 777-9870

    Listing date Dec 31, 2025

    MLS# 10614620 Listing URL

    Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Suffolk Income-Producing Multifamily Property

    This is an investor special portfolio of income-producing rental/multifamily properties located in Suffolk. The offering includes multiple stabilized rental units with strong cash flow and long term upside. Properties may be purchased individually, in select combinations, or as a complete portfolio. This is an ideal opportunity for investors seeking immediate income with potential for value enhancement through improved management or renovations. The property is a Quadruplex, Multi Family Residential - Over/Under, Side by Side. The property size is 3040 Square Feet. Rent rolls and additional financial details are available upon request. Please allow proper notice for tenant occupied properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5869825
    Latitude
    36.7299455

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    FAQs

    What type of property is this?
    Quadplex - Suffolk multifamily property with strong cash flow and long-term upside.
    Where is this quadplex located?
    The property is located at 113 Chestnut St Suffolk, VA.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Portfolio of income-producing rental/multifamily properties.; - Stabilized rental units with strong cash flow.; - Opportunity for value enhancement through improved management or renovations.
    (757) 340-5555
    Request Owner's contact information
    113 Chestnut St Suffolk, VA 23434
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    Suffolk, VA 23434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 Chestnut St Suffolk, VA 23434
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