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    Triplex with Multiple Rental Units
    Updated: Jun 2
    Triplex with Multiple Rental Units

    316 16th Street, Virginia Beach, VA 23451

    $1,250,000
    2,946 sqft
    Triplex with waterfront feature (Waterfront) and shingle roof; built in 1940
    3BR/2BA main residence on the first level
    Second‑floor unit offers 2BR/1BA
    Additional 1BR/1BA apartment for added rental flexibility
    Located in the Virginia Beach Oceanfront area on 16th Street, about three blocks from the beach
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    This listing looks promising.

    Here's a quick look at some key insights for

    316 16th Street, Virginia Beach, VA 23451

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $551K
      Suggested

    • Property Type

      Duplex
      Built 1940
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Virginia Beach County, VA, we suggest exploring several alternatives:

    Virginia Beach County, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Virginia Beach County, VA on our real estate platform. These investment opportunities span a total of 2,946 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for three-family homes in Virginia Beach County, VA average $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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