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    2505 Wakefield St Hopewell, VA 23860

    Pending
    For Sale
    $550,000

    MULTI_FAMILY - Other - Hopewell, VA

    Property size:
    3,600 SF
    Lot size:
    0.28 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 2505 Wakefield St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    074-0020
    Parking features
    Parking Lot, Off Street
    Size
    3,600 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    1
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    eXp realty (804) 335-6767 [email protected]

    Listing agent Rolandus Jackson (804) 729-5188 License #0225224531

    Listing date Nov 25, 2025

    MLS# 2524141 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hopewell Quadruplex Investment Opportunity

    This well-maintained, fully occupied quadplex is located in Hopewell, Virginia. Each of the four units features two bedrooms and one and a half bathrooms. The property is situated on a 0.2755-acre lot and encompasses a total of 3,600 square feet. This property presents a great investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopewell
    County
    Hopewell
    State
    Virginia
    Longitude
    -77.293722
    Latitude
    37.279667

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained, fully occupied quad in Hopewell, Virginia.
    Where is this quadplex located?
    The property is located at 2505 Wakefield St Hopewell, VA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Fully occupied quad (four units); - Each unit has 2 bedrooms and 1.5 bathrooms; - Durable brick construction
    (804) 729-5188
    Request Owner's contact information
    2505 Wakefield St Hopewell, VA 23860
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    Hopewell, VA 23860
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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
    2505 Wakefield St Hopewell, VA 23860
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