$2,300,000
SOLD MAY 29, 2025
-- Bed
-- Bath
-- Sq Ft
1981 Built

Recently Sold

12% Below List Price

81 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of May 2025

*MULTIPLE OFFERS, HIGHEST AND BEST DUE BY 10 A.M. 1/12/2025* Prime Investment Opportunity in Hampton, VA – 26-Unit Multifamily Complex. This well-maintained 26-unit multifamily property offers an attractive mix of 18 townhome units and 8 apartment units, perfectly designed for consistent rental income and future growth potential. Townhome Units: Each features 2 bedrooms and 1.5 bathrooms. Apartment Units: Each includes 2 bedrooms and 1 bathroom. This property boasts excellent rental history with strong occupancy rates, offering reliable income. For the savvy investor, there is plenty of room for value-add opportunities.

Last Agent to Sell the Property

Chris Lloyd

Coast to Coast Real Estate Inc Listed on: 01/03/2025

Last Buyer's Agent

Kim O'Conner

Morewitz Realty Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,020

Year Built

  • Built in 1981

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Schools

  • Barron Elementary School
  • Benjamin SYMS Middle School
  • Kecoughtan High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • 26 Units
  • Tnt Apartments Community
  • All Others Area 103 Subdivision

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,020

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Apartments 3+
  • Property Type - Cross Property: Apartments 3+
  • Complex Name: TNT Apartments
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Estimated Year Built: 1981
  • Address Street Name Website: King
  • Address Website: 988 N King ST
  • Contingency Exists: Non Contingent
  • Type Of Apartment: Townhouse
  • Units Total Number: 26
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Stories Number: 2.0000

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Slab
  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Assigned/Reserved

Utilities

  • Water Heater Type: Electric
  • Cooling: Central Air
  • Heating: Electric
  • Utilities: City Sewer, City Water, Electric, Meter

Lot Info

  • Zoning: RM

Rental Info

  • Furnished YN: No

Tax Info

  • Tax Amount Approx: 19020

MLS Schools

  • Elementary School: Barron Elementary
  • School High School: Kecoughtan
  • Middle School: Benjamin Syms Middle
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $2,300,000 -11.5% --
03/26/2025 03/26/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $2,600,000 -- --
Source: Real Estate Information Network (REIN)

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 $21,009 $1,653,900 $390,000 $1,263,900
2024 $19,020 $1,653,900 $390,000 $1,263,900
2023 $19,185 $1,653,900 $390,000 $1,263,900
2022 $17,584 $1,490,200 $390,000 $1,100,200
2021 $18,253 $1,325,300 $390,000 $935,300
2020 $16,434 $1,325,300 $390,000 $935,300
2019 $16,434 $1,325,300 $390,000 $935,300
2018 $17,749 $1,325,300 $390,000 $935,300
2017 $17,749 $0 $0 $0
2016 $17,749 $1,325,300 $0 $0
2015 $17,749 $0 $0 $0
2014 $17,608 $1,325,300 $325,000 $1,000,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10564926

Real Estate Information Network (REIN)

APN: 08E016 00 000000