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Side-by-Side Duplex
New
For Sale
$799,999

4407 Victoria Boulevard, Hampton, VA 23669

Multi Family Residential, Side by Side, Hampton, VA

Property Size4,218 SF
Price / SF$189.66
Days on Market5

Property Features for 4407 Victoria Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R8
Subdivision SOUTHAMPTON - 093
Lot features Shed
Elementary school A.W.E. Bassette Elementary
Middle school C. Alton Lindsay Middle
Standard status Active
Size 4,218 SF

Taxes and HOA fees

Tax Annual Amount 4893

Amenities

off-street parking
masonry fireplace
garden shed

Building Details

Year built 1964
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: Long & Foster Real Estate Inc.
Listed By: Betsie Leahy
Added: Oct 21 Changed: Oct 24 Last Checked: Oct 25 at 6:06PM
MLS# 10658801

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.

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Investment Insights

Based on property information with market context.

Built in 1964, this 4,218-square-foot duplex contains side-by-side Units A and B. Unit A is occupied until August 1, 2027, while Unit B is vacant. The property has a masonry fireplace with gas logs and a garden shed. Its roof is described as 3 years young.

Zoning is R8. Parking is available off street at the rear or on the street.

Key Highlights

  • Side‑by‑side duplex with Units A and B
  • Unit A occupied until August 1, 2027; Unit B is vacant
  • 4,218 square feet; built in 1964

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,704
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,080 $974.1K
Cap Rate 7%
$695,771 $695.8K
Cap Rate 9%
$541,156 $541.2K
Market Conditions
NOI Build-Up for 4,218 SF
Gross rent
$73.4K $17.40/SF
− Vacancy
−$3.8K −$0.90/SF
EGI
$69.6K $16.50/SF
− OpEx
−$20.9K −$4.95/SF
NOI
$48.7K $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%
$974,080
Cap Rate 7%
$695,771
Cap Rate 9%
$541,156

Alternative Uses

Best Use
Multifamily LT 5
$695.8K
$608.8K – $811.7K (±1% cap)
NOI $48,704 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$642.3K
$562.0K – $749.3K (±1% cap)
NOI $44,960 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.10M
$959.8K – $1.28M (±1% cap)
NOI $76,784 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

766
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property combines one occupied residence with a vacant unit and includes off-street parking at the rear.
Where is this duplex located?
The property is located at 4407 Victoria Boulevard Hampton, VA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Side‑by‑side duplex with Units A and B; Unit A occupied until August 1, 2027; Unit B is vacant; 4,218 square feet; built in 1964
More about this property
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