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    2505 Wise St Hopewell, VA 23860

    New
    For Sale
    $390,000

    MULTI_FAMILY - Other - Hopewell, VA

    Property size:
    3,924 SF
    Lot size:
    0.22 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 2505 Wise St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    081-0657
    Parking features
    Off Street, Driveway
    Fencing
    Fenced
    Appliances
    ElectricWaterHeater
    Size
    3,924 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick, Drywall, Frame
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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

    Listing agent Keith Wagner (804) 729-5188 License #0225180385

    Listing date Nov 29, 2025

    MLS# 2516705 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 Quadplex Multifamily Property

    This multifamily property in Hopewell, Virginia, consists of a quadplex with a total property size of 3924 square feet on a 0.2181-acre lot. Each of the four units (2505 A&B and 2507 A&B) features two bedrooms and one full bathroom, plus one additional half bathroom. Note that 2505 is combined with 2507 under one tax parcel. The property is being sold as is and will not go traditional financing, and the owner is not offering owner financing options. As of November 13th, 2507 A has a new heat pump.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopewell
    County
    Hopewell
    State
    Virginia
    Longitude
    -77.299521
    Latitude
    37.285593

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    FAQs

    What type of property is this?
    Quadplex - Quadplex in Hopewell, each unit with two beds.
    Where is this quadplex located?
    The property is located at 2505 Wise St Hopewell, VA.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Appraised at $390,000.; - Two units (2505 and 2507) combined under one tax parcel.; - Each unit (A & B in 2505 and 2507) has 2 beds and 1.1 baths.
    (804) 729-5188
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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 Wise St Hopewell, VA 23860
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