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Side-by-Side Duplex
For Sale
$899,000

521 Monroe Avenue, Cape Charles, VA 23310

Multi Family Residential, Side by Side, Cape Charles, VA

Property Size3,072 SF
Price / SF$292.64
Days on Market35

Property Features for 521 Monroe Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision CAPE CHARLES
Lot features Deck, Patio
Elementary school Kiptopeke Elementary
Middle school Other Middle School
Standard status Active
Size 3,072 SF

Taxes and HOA fees

Tax Annual Amount 5925

Amenities

in-unit washers & dryers
patios
off-street parking
attic storage

Building Details

Year built 1920
Roof type Composition
Architectural style Other
Listing Agency: Iron Valley Real Estate HR
Listed By: Steve Marable
Added: Sep 15 Changed: Oct 2 Last Checked: Oct 19 at 5:06PM
MLS# 10653643

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.

This 3,072-square-foot duplex contains two matching residences, each with three bedrooms, two full bathrooms, a living area, dining space, and a full kitchen with stainless appliances. The interiors combine hardwood flooring and wall-to-wall carpet, with attic storage and in-unit washers and dryers. Central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and a stone driveway with off-street parking serve the property. Renovations were completed in 2020, and the furniture, appliances, and decor acquired in 2021 are included. The building dates to 1920.

One residence is under a year-long lease through 2027; the other has short-term rental bookings. The property has four years of vacation-rental history. Public beach access, shops, restaurants, and entertainment are minutes away in Cape Charles.

Key Highlights

  • Two matching residences, each with 3 bedrooms and 2 full bathrooms
  • 3,072 square feet; renovations completed 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

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer separate kitchens, patios, and off-street parking.
Where is this duplex located?
The property is located at 521 Monroe Avenue Cape Charles, VA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two matching residences, each with 3 bedrooms and 2 full bathrooms; 3,072 square feet; renovations completed in 2020; Furniture, appliances, and decor purchased in 2021 convey
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