Furnished Two-Unit
For Sale
$889,000
521 Monroe Ave, Cape Charles, VA 23310
Renovated in 2020, the duplex offers furnished living spaces and a mix of annual and short-term occupancy.
Property Size3,072 SF
Price / SF$289.39
Days on Market10
Property Features for 521 Monroe Ave
General Information
Standard status
Active
Size
3,072 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Furnished
Yes
Tenant in Place
Yes
Amenities
in-unit washer & dryer
patio
Building Details
Building Size
3,072 SF
Year Built
1920
Year Renovated
2020
Listing Agency:
Iron Valley Real Estate HR
(757) 645-9700
Listed By:
Steve Marable · License #292727
(757) 729-2831
Source:
Hoggerealestate
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 29 at 10:16PM
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 Iron Valley Real Estate HR
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Investment Insights
Based on property information with market context.
Built in 1920 and renovated in 2020, this 3,072-square-foot duplex contains two matching units. Each has three bedrooms, two full bathrooms, a living area, a full kitchen with stainless appliances, a dining area, attic storage, and an in-unit washer and dryer. Hardwood and carpet flooring, central HVAC with heat pumps, double-pane windows, electric water heaters, and patios serve both residences. Furniture, appliances, and decor acquired in 2021 are included. A stone driveway provides off-street parking.
One unit is leased through 2027; the other has several short-term rentals. The property has four years of vacation rental history and is located in Cape Charles, minutes from public beach access, shops, restaurants, and entertainment.
One unit is leased through 2027; the other has several short-term rentals. The property has four years of vacation rental history and is located in Cape Charles, minutes from public beach access, shops, restaurants, and entertainment.
Key Highlights
- Two units, each with 3 bedrooms and 2 full baths
- 3,072 square feet; built in 1920 and renovated in 2020
- Furniture, appliances, and decor purchased in 2021 convey
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
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Business Placement
Demographics for 23310, VA
5,260
Population
3,386
Households
1.6
Avg Household Size
52
Median Age
33%
College-Educated
89%
High-School Grad
65.1 sq mi
ZIP Area
81
Density / Sq Mi
$53,482
Median Household Income
$36,386
Median Earnings
$795
Median Rent
$344,700
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 - Renovated in 2020, the duplex offers furnished living spaces and a mix of annual and short-term occupancy.
Where is this duplex located?
The property is located at 521 Monroe Ave Cape Charles, VA.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 full baths; 3,072 square feet; built in 1920 and renovated in 2020; Furniture, appliances, and decor purchased in 2021 convey
