Rare opportunity to own a turn-key side-by-side duplex in Chesapeake with one unit vacant and move-in ready! Whether you're looking to live in one side while generating rental income from the other, add an income-producing property to your portfolio, or make your first move into real estate investing, this property offers flexibility from day one. Each unit features 2 bedrooms, 1 full bath with a with a functional one-level layout. The current owners have completed numerous updates and improvements, including a new HVAC unit making this an easy opportunity without the immediate renovation list. Unit B is vacant and ready for its next owner or tenant, while Unit A is currently tenant occupied. A great option for an owner-occupant, first-time investor or seasoned investor looking for a well-maintained duplex with strong long-term potential. Conveniently located in South Norfolk with easy access to major highways, Downtown Norfolk, shopping, dining and more. Schedule your private tour!
Under contract
Price cut: $2K (9/17)
$342,900
1228 Commerce Ave, Chesapeake, VA 23324
4beds
2baths
1,624sqft
Duplex
Built in 1960
-- sqft lot
$343,200 Zestimate®
$211/sqft
$-- HOA
What's special
New hvac unitFunctional one-level layout
- 51 days
- 268
- 20
Zillow last checked:
Listing updated:
Listed by:
Sadie Arseneault,
Creed Realty 757-502-4070
Source: REIN Inc.,MLS#: 10650320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Included: Tankless Water Heater, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,624 sqft
Video & virtual tour
Property
Features
- Fencing: None
- Waterfront features: Not Waterfront
Details
- Parcel number: 1280000001960
- Zoning: RSFA1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: South Norfolk
Location
- Region: Chesapeake
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $265,500
- Annual tax amount: $2,682
- Date on market: 8/21/2026
Estimated market value
$343,200
$326,000 - $360,000
$1,912/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,682 +24.4% | $265,500 +24.4% |
| 2024 | $2,155 +10.6% | $213,400 +10.6% |
| 2023 | $1,948 +7.8% | $192,900 +12.1% |
| 2022 | $1,807 +13.2% | $172,100 +13.2% |
| 2021 | $1,596 | $152,000 +4.4% |
| 2020 | -- | $145,600 |
| 2019 | $1,529 +3.5% | $145,600 +3.5% |
| 2018 | $1,477 +1.8% | $140,700 +1.8% |
| 2017 | $1,451 +0.4% | $138,200 +0.4% |
| 2016 | $1,446 | $137,700 |
| 2015 | $1,446 | $137,700 |
| 2014 | $1,446 +0.4% | $137,700 +0.4% |
| 2013 | $1,440 -1.3% | $137,100 -1.3% |
| 2012 | $1,458 -3.5% | $138,900 -3.5% |
| 2011 | $1,511 -4.8% | $143,900 -4.8% |
| 2010 | $1,587 -5% | $151,100 -5% |
| 2009 | $1,671 -1.2% | $159,100 -1.2% |
| 2008 | $1,691 +9.5% | $161,000 +10.6% |
| 2007 | $1,543 +19% | $145,600 +24.7% |
| 2006 | $1,296 +26.3% | $116,800 +45.6% |
| 2004 | $1,027 +7.4% | $80,200 +7.4% |
| 2003 | $956 +7.2% | $74,700 +7.2% |
| 2002 | $892 +6.4% | $69,700 +6.4% |
| 2001 | $838 | $65,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Norfolk
Nearby schools
Schools provided by the listing agent
- Elementary: Rena B. Wright Primary
- Middle: Oscar Smith Middle
- High: Oscar Smith
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




