1300 Bainbridge Blvd Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated payment $2,479/month
Highlights
- Forced Air Heating and Cooling System
- Rena B. Wright Primary School Rated A-
- Carpet
About This Home
Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $3,825 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,182
Year Built
- Built in 1920
Home Design
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Masonry Siding
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2-Story Property
- Crawl Space
Flooring
- Carpet
- Vinyl
Parking
- Parking Available
- On-Street Parking
- Parking Lot
- Off-Street Parking
Schools
- Rena B. Wright Primary Elementary School
- Oscar Smith Middle School
- Oscar Smith High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
- Cable TV Available
Community Details
- 5 Units
- Jones Community
- South Norfolk Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,342 | $132,900 | $46,400 | $86,500 |
| 2024 | $1,342 | $132,900 | $46,400 | $86,500 |
| 2023 | $1,408 | $139,400 | $46,400 | $93,000 |
| 2022 | $1,400 | $138,600 | $46,400 | $92,200 |
| 2021 | $1,310 | $124,800 | $46,400 | $78,400 |
| 2020 | $1,353 | $128,900 | $46,400 | $82,500 |
| 2019 | $1,336 | $127,200 | $46,400 | $80,800 |
| 2018 | $1,319 | $125,600 | $45,000 | $80,600 |
| 2017 | $1,319 | $125,600 | $45,000 | $80,600 |
| 2016 | $1,319 | $125,600 | $45,000 | $80,600 |
| 2015 | $1,319 | $125,600 | $45,000 | $80,600 |
| 2014 | $1,319 | $125,600 | $45,000 | $80,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $435,000 | -- | -- |
Source: Real Estate Information Network (REIN)
MLS Number: 10603701
APN: 1330000002440
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