Side-by-Side
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.
(757) 727-0069
Listed By:
Betsie Leahy
Added: Oct 21
Changed: Oct 24
Last Checked: Oct 25 at 4:06PM
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.
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
NOI $48,704 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$642.3K
$562.0K – $749.3K
NOI $44,960 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.10M
$959.8K – $1.28M
NOI $76,784 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
766
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
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Market
Vacancy Rate% for Multifamily in South region
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
