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Two-Unit Duplex
For Sale
$384,900

B-1482 Old Virginia Beach Rd, Virginia Beach, VA 23451

Residential income property near Oceana Military Base, Hilltop Shopping Center, and the Virginia Beach oceanfront.

Property SizeContact for details
Days on Market22

Property Features for B-1482 Old Virginia Beach Rd

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,816
Listing Agency: Own Real Estate LLC
Listed By: Davis Shepherd
Source: Exprealty
Added: Aug 5 Changed: Aug 23 Last Checked: Aug 25 at 11:09AM

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 Own Real Estate LLC

Investment Insights

Based on property information with market context.

This two-unit residential property is positioned in the Oceana area of Virginia Beach and is offered for sale. The duplex configuration supports residential income use and may accommodate an owner-occupant strategy, as identified in the property information.

The property is located minutes from Oceana Military Base, with access to the Virginia Beach oceanfront within a short drive. Hilltop Shopping Center is nearby and provides dining, grocery, and entertainment options. Major roads and everyday conveniences are also accessible from the property.

Key Highlights

  • Duplex configuration suited to residential income use
  • Located minutes from Oceana Military Base
  • Short drive to the Virginia Beach oceanfront

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Daycare Center Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

1,516
Businesses Nearby

Demographics for 23451, VA

44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value

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 - Residential income property near Oceana Military Base, Hilltop Shopping Center, and the Virginia Beach oceanfront.
Where is this duplex located?
The property is located at B-1482 Old Virginia Beach Rd Virginia Beach, VA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Duplex configuration suited to residential income use; Located minutes from Oceana Military Base; Short drive to the Virginia Beach oceanfront
More about this property
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