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Renovated Quadplex with Vacancy
For Sale
$260,000

1261 N King St, Hampton, VA 23669

Four-unit residential property offering renovated interiors, established tenancy, and flexibility for an owner-occupant.

Property Size2,400 SF
Price / SF$108.33
Days on Market44

Property Features for 1261 N King St

General Information

Standard status Active
Size 2,400 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1949
Listing Agency: Turn Key Real Estate LLC
Listed By: Laura Drummond
Source: Horakrealtygroup
Added: Aug 8 Changed: Sep 17 Last Checked: Sep 20 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turn Key Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1949, this 2,400-square-foot quadplex contains four one-bedroom, one-bath residences. Three units have been renovated, while the remaining unit is vacant and available for occupancy or leasing. The configuration supports multiple residential leases within one property and includes a mix of updated and existing interiors.

One unit is occupied by a long-term tenant, and two additional units are leased, providing established tenancy across three residences. The vacant unit creates flexibility for an owner-occupant or a new lease arrangement. The property is located at 1261 N King St in Hampton, Virginia 23669.

Key Highlights

  • Four 1‑bedroom, 1‑bath units within a 2,400‑square‑foot quadplex
  • Three of the four residences have been renovated
  • One unit is vacant for owner occupancy or a new lease

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property offering renovated interiors, established tenancy, and flexibility for an owner-occupant.
Where is this quadplex located?
The property is located at 1261 N King St Hampton, VA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units within a 2,400‑square‑foot quadplex; Three of the four residences have been renovated; One unit is vacant for owner occupancy or a new lease
More about this property
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