1305 Chesapeake Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated payment $1,554/month
About This Home
Welcome to 1305 Chesapeake Avenue, a classic duplex located in Historic South Norfolk, offering both charm and investment opportunity. Unit 1 (downstairs) is approximately 1,050 sq. ft. and currently leased at $1,650/month through 4/30/26. Unit 2 (upstairs) is approximately 946 sq. ft. and is owner-occupied, providing flexibility for the next buyer to either reside on-site or lease both units for strong rental cash flow. This property's high ceilings and historic character add to its appeal. Utilities are structured with the owner covering water, sewage, and trash electric is separately metered, and tenants pay for gas and electric. The duplex is being sold ;as-is and offers multiple options: live in one unit while the other helps pay the mortgage, or add a steady income-producing property to your rental portfolio. Conveniently located near shopping, dining, and major routes, this is a great opportunity to secure a solid investment in a sought-after area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,833
Year Built
- Built in 1905
Lot Details
- Partially Fenced Property
Home Design
- Duplex
- Asphalt Shingled Roof
- Metal Roof
- Asbestos Siding
Interior Spaces
- 1,996 Sq Ft Home
- Crawl Space
Schools
- Rena B. Wright Primary Elementary School
- Oscar Smith Middle School
- Oscar Smith High School
Utilities
- Separate Meters
- Electric Water Heater
Community Details
- 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 | $1,833 | $193,600 | $85,000 | $108,600 |
| 2024 | $1,833 | $181,500 | $80,000 | $101,500 |
| 2023 | $1,574 | $167,000 | $70,000 | $97,000 |
| 2022 | $1,536 | $152,100 | $60,000 | $92,100 |
| 2021 | $1,536 | $146,300 | $55,000 | $91,300 |
| 2020 | $1,470 | $140,000 | $55,000 | $85,000 |
| 2019 | $1,421 | $135,300 | $55,000 | $80,300 |
| 2018 | $1,442 | $137,300 | $55,000 | $82,300 |
| 2017 | $1,409 | $134,200 | $55,000 | $79,200 |
| 2016 | $1,385 | $131,900 | $55,000 | $76,900 |
| 2015 | $1,385 | $131,900 | $55,000 | $76,900 |
| 2014 | $1,385 | $131,900 | $55,000 | $76,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $265,900 | -- | $133 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $179,000 | Title Alliance Greenbrier | |
| Warranty Deed | $140,000 | Attorney | |
| Deed | $77,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,757 | New Conventional | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $61,600 | New Conventional |
Source: Real Estate Information Network (REIN)
MLS Number: 10603498
APN: 1340000002600
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This application does not include information on all of the properties available for sale at this time.
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