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For sale
  • Price cut: $50K (12/15)
    $400,000

    1005 Chesapeake Ave, Chesapeake, VA 23324

    --beds
    2baths
    --sqft
    : 
    Apartment
    Built in 1910
    -- sqft lot
    $406,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick walkwaysStreet-level commercial visibilityAlley accessOff-street parkingStorage shedsOpen gallery-style layoutFenced outdoor space
    Unique mixed-use asset positioned in the heart of South Norfolk’s downtown district, offering both street-level commercial visibility and rear residential income. The front commercial suite features an open, gallery-style layout with updated lighting, modern flooring, and a dedicated restroom—ideal for retail, studio, office, or wellness use. Behind the storefront sits a two-unit residential configuration, each with separate access, providing diversified income streams on one parcel. The rear of the property offers off-street parking, fenced outdoor space, and storage sheds, adding functional utility for both tenants and ownership. Exterior features include brick walkways, alley access, and classic neighborhood architecture. Located just minutes from major commuter routes, shipyard access, dining, and shopping, this property blends location, flexibility, and income potential into one versatile investment opportunity.
    7 days
    |
    160
    |
    6
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 15, 2025 at 06:37am

    Listed by:

    Jonathan Mironchik,

    LPT Realty LLC 877-366-2213

    Source: REIN Inc.,MLS#: 10613422MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Heating
    • Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Carpet, Laminate/LVP
    • Basement: Crawl Space

    Property

    Parking
    • Parking features: Parking Lot, On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Details
    • Zoning: B5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Concrete, Frame, Brick, Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: All Others Area 31
    Location
    • Region: Chesapeake

    Financial & listing details

    • Annual tax amount: $3,402
    • Date on market: 12/15/2025
    • Electric utility on property: Yes
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    Estimated market value

    $406,400

    $386,000 - $427,000

    $1,573/mo

    Price history

    Price history

    Price history is unavailable.

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,335/mo
    Principal & interest
    $1935
    Property taxes
    $260
    Home insurance
    $140

      Climate risks

      Neighborhood: South Norfolk

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Rena B. Wright Primary
      • Middle: Oscar Smith Middle
      • High: Oscar Smith

      Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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