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  • $599,000

    1207 Cypress Ave, Virginia Beach, VA 23451

    --beds
    --baths
    1,600sqft
    Duplex
    Built in 1970
    -- sqft lot
    $611,000 Zestimate®
    $374/sqft
    $2,427 Estimated rent

    Home value

    $611,000

    $580,000 - $642,000

    $2,427/mo

    Zestimate® history
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    Owner options

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    $2,427/mo

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    $2,427/mo

    Rent Zestimate®

    Refinance and save

    $3,589/mo

    Est. payment

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    $3,589/mo

    Est. payment

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    What's special

    Functional layoutTwo separate unitsLarge yards
    Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bo Schrott,

    Broadsight Realty 757-367-5932

    Bought with:

    Brenda Lewis

    Realty Source

    Source: REIN Inc.,MLS#: 10612176MLS Logo

    Facts & features

    Interior

    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total interior livable area: 1,600 sqft

    Property

    Accessibility
    • Accessibility features: Level Flooring
    Features
    • Fencing: Picket
    • Waterfront features: Not Waterfront
    • Frontage length: 50
    Details
    • Zoning: R5D

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Asphalt Shingle
    Condition
    • Rehabilitated
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: City/County
    • Water: City/County

    Community & HOA

    Community
    • Subdivision: Lakewood - 142
    Location
    • Region: Virginia Beach

    Financial & listing details

    • Price per square foot: $374/sqft
    • Annual tax amount: $3,800
    • Date on market: 12/2/2025

    Price history

    Price history is unavailable.

    Public tax history

    Tax history is unavailable.

    Neighborhood: Seatack

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: W.T. Cooke Elementary
    • Middle: Virginia Beach Middle
    • High: Frank W. Cox

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $611,000
    2% more
    +$12,220
    With Zillow Showcase(estimated)
    $623,220