This property in Newport News presents a fantastic opportunity to fix and flip for quick return or add to your rental portfolio. The home has been vacant for three years and requires a full cosmetic rehab, along with a new roof and HVAC system. With a projected rent of $1,650/month (per Rent-O-Meter), there's strong cash flow potential post-renovation. Conveniently located near I-664 and I-64, the home offers quick access to the Peninsula Town Center, Jefferson Commons, and major shopping corridors. With the right updates, this property can deliver a solid return!
Sold
$101,000
315 48th St, Newport News, VA 23607
2beds
957sqft
Single Family Residence
Built in 1985
2,613.6 Square Feet Lot
$102,600 Zestimate®
$106/sqft
$1,503 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 02:37am
Listed by:
Joan Small,
Profound Property Group LLC
Bought with:
Eric Nicholson
Howard Hanna Real Estate Svcs.
Source: REIN Inc.,MLS#: 10593882

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate/LVP
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 957 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: None
- Waterfront features: Not Waterfront
- Frontage length: 25
Lot
- Size: 2,613 sqft
- Dimensions: 100 x 25
Details
- Parcel number: 298020116
- Zoning: R5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & neighborhood
Location
- Region: Newport News
- Subdivision: All Others Area 107
HOA & financial
HOA
- Has HOA: No
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$102,600
2% more+$2,052
With Zillow Showcase(estimated)$104,652