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Side-by-Side Duplex
For Sale
$375,000

739 S Rosemont Road, Virginia Beach, VA 23452

Multi Family Residential, Side by Side, Virginia Beach, VA

Property Size2,142 SF
Price / SF$175.07
Days on Market26

Property Features for 739 S Rosemont Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning A12
Subdivision PECAN GARDENS
Elementary school Windsor Oaks Elementary
Middle school Plaza Middle
Standard status Active
Size 2,142 SF

Taxes and HOA fees

Tax Annual Amount 3485

Building Details

Year built 1999
Roof type Shingle
Architectural style Other
Listing Agency: The Real Estate Group
Listed By: Alexandra Serrano · License #0225213354
Added: Sep 10 Changed: Oct 2 Last Checked: Oct 5 at 1:06PM
MLS# 10652825

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.

Investment Insights

Based on property information with market context.

This side-by-side duplex at 739 S Rosemont Road was built in 1999 and contains 2,142 square feet. The property has a shingle roof and is offered in as-is condition. Zoning is A12.

Each residence is occupied under a month-to-month lease. The tenant at 741 prefers to remain, while the occupant of 739 plans to move. Both tenancies have lasted more than five years.

Key Highlights

  • Side‑by‑side duplex with 2,142 square feet
  • Built in 1999
  • Shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,352
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,040 $567.0K
Cap Rate 7%
$405,029 $405.0K
Cap Rate 9%
$315,022 $315.0K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$42.4K $19.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$40.5K $18.91/SF
− OpEx
−$12.2K −$5.67/SF
NOI
$28.4K $13.24/SF
Area
ZIP 23452
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,040
Cap Rate 7%
$405,029
Cap Rate 9%
$315,022

Alternative Uses

Best Use
Multifamily LT 5
$405.0K
$354.4K – $472.5K (±1% cap)
NOI $28,352 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$376.1K
$329.1K – $438.8K (±1% cap)
NOI $26,329 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$555.2K
$485.8K – $647.7K (±1% cap)
NOI $38,864 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Grocery & Convenience Store Food Market Building Supply

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 23452, VA

59,076
Population
23,455
Households
2.5
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
15.1 sq mi
ZIP Area
3,912
Density / Sq Mi
$77,327
Median Household Income
$44,009
Median Earnings
$1,571
Median Rent
$324,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have month-to-month tenants, with different plans regarding continued occupancy.
Where is this duplex located?
The property is located at 739 S Rosemont Road Virginia Beach, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,142 square feet; Built in 1999; Shingle roof
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