Over-Under
New
For Sale
$320,000
607 E Pembroke Avenue, Hampton, VA 23669
Multi Family Residential, Over/Under, Hampton, VA
Property Size1,506 SF
Price / SF$212.48
Days on Market6
Property Features for 607 E Pembroke Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C1
Subdivision
ALL OTHERS AREA 102
Elementary school
Captain John Smith Elementary
Middle school
C. Alton Lindsay Middle
Standard status
Active
Size
1,506 SF
Building Details
Year built
1917
Roof type
Shingle
Architectural style
Other
Listing Agency:
Redfin Corporation
(703) 665-6665
Listed By:
Sean Powell
(571) 730-7004
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 7 at 5:06AM
MLS# 10654789
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.
Investment Insights
Based on property information with market context.
This duplex in Hampton has an over-under arrangement with two separate living spaces. The building contains 1,506 square feet and was built in 1917. It has been updated and features a shingle roof.
Located at 607 E Pembroke Avenue, the property is zoned C1.
Located at 607 E Pembroke Avenue, the property is zoned C1.
Key Highlights
- Two separate living spaces in an over‑under duplex layout
- 1,506 square feet
- Built in 1917
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,389
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,780
$347.8K
Cap Rate 7%
$248,414
$248.4K
Cap Rate 9%
$193,211
$193.2K
Market Conditions
NOI Build-Up for 1,506 SF
Gross rent
$26.2K $17.40/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$24.8K $16.50/SF
− OpEx
−$7.5K −$4.95/SF
NOI
$17.4K $11.55/SF
Area
Hampton, VA
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,780
Cap Rate 7%
$248,414
Cap Rate 9%
$193,211
Alternative Uses
Best Use
Multifamily LT 5
$248.4K
$217.4K – $289.8K
NOI $17,389 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$229.3K
$200.7K – $267.5K
NOI $16,052 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$391.6K
$342.7K – $456.9K
NOI $27,415 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 23669, VA
41,030
Population
17,589
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
94%
High-School Grad
12.1 sq mi
ZIP Area
3,391
Density / Sq Mi
$66,999
Median Household Income
$41,874
Median Earnings
$1,202
Median Rent
$246,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are arranged vertically within the building, which carries C1 zoning.
Where is this duplex located?
The property is located at 607 E Pembroke Avenue Hampton, VA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two separate living spaces in an over‑under duplex layout; 1,506 square feet; Built in 1917
