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Pending
  • $145,000

    1235 22nd St, Newport News, VA 23607

    3beds
    1,380sqft
    : 
    $982/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    2,500 Square Feet Lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Additional land includedThree well-sized bedrooms
    Excellent investment opportunity! This tenant-occupied property offers immediate rental income with a dependable tenant already in place and approximately 7 months remaining on the current lease, making it a turnkey addition to any investment portfolio. This home features 3 bedrooms and 1 full bathroom, offering a practical and functional layout designed for comfortable everyday living. The spacious living room flows into the kitchen, creating an efficient floor plan, while the three well-sized bedrooms provide flexibility for family living, guests, or a home office. The property does require cosmetic updates and repairs, presenting an excellent opportunity for investors to add value while generating rental income. An added bonus is that the home sits partially on an adjoining 25' x 100' lot, which is included in the sale, providing additional land and future potential. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this property offers both immediate cash flow and long-term value. Property is being sold strictly AS IS. The seller will make no repairs or improvements. Buyer is encouraged to conduct any desired inspections for informational purposes only. With a reliable tenant already in place, immediate rental income, additional land included, and value-add potential through cosmetic improvements, this is an outstanding opportunity for investors seeking to expand their portfolio.
    7 days
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    154
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Gregory 757-291-8119,

    Real Property Management Tidal 757-206-2071

    Source: CVRMLS,MLS#: 2621345MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom 3
      • Level: First
      • Dimensions: 0 x 0
      Additional room
      • Level: First
      • Dimensions: 0 x 0
      Other
      • Description: Tub & Shower
      • Level: First
      Kitchen
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Gas
      Appliances
      • Included: Exhaust Fan, Gas Water Heater, Refrigerator, Stove
      • Laundry: Dryer Hookup
      Features
      • Bedroom on Main Level, Eat-in Kitchen, Laminate Counters
      • Flooring: Laminate
      • Basement: Crawl Space
      • Attic: Access Only
      Interior area
      • Total interior livable area: 1,380 sqft
      • Finished area above ground: 1,380
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Deck
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 2,500 Square Feet
      • Dimensions: 25 x 100
      • Features: Additional Land Available
      Details
      • Parcel number: 307.020532

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Block, Drywall
      • Roof: Asphalt
      Condition
      • Resale
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: None
      • Water: Public
      • Utilities for property: Sewer Not Available

      Community & HOA

      Community
      • Subdivision: Ward 3
      Location
      • Region: Newport News

      Financial & listing details

      • Price per square foot: $105/sqft
      • Tax assessed value: $144,400
      • Annual tax amount: $1,721
      • Date on market: 8/12/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Pending sale$145,000$105/sqft
        Source: CVRMLS #2621345 Report a problem
        8/10/2026Listed for sale$145,000+83.5%$105/sqft
        Source: CVRMLS #2621345 Report a problem
        5/1/2016Listing removed$79,000$57/sqft
        Source: Keller Williams - Newport News-Peninsula #1506063 Report a problem
        7/3/2015Price change$79,000-3.7%$57/sqft
        Source: Keller Williams - Newport News/ Peninsula #1506063 Report a problem
        2/10/2015Price change$82,000-3.5%$59/sqft
        Source: Keller Williams Realty Newport News/Peninsula #1506063 Report a problem
        9/6/2014Price change$85,000-4.5%$62/sqft
        Source: Keller Williams Realty Newport News/Peninsula #1433045 Report a problem
        7/26/2014Listed for sale$89,000$64/sqft
        Source: Keller Williams Realty Newport News/Peninsula #1433045 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,721 +15.2%$133,400 +5.4%
        2025$1,494 +6.4%$126,600 +6.4%
        2024$1,404 +23.2%$119,000 +15.2%
        2022$1,140 +13.7%$103,300 +26.9%
        2021$1,002 +4.1%$81,400 +15.5%
        2020$963 +0.3%$70,500 +4.8%
        2018$960 $67,300
        2017$960 +0.4%$67,300
        2016$956 -0.6%$67,300 -1.5%
        2015$962 $68,300 -6.1%
        2014$962 +1.8%$72,700 -5.3%
        2013$945 $76,800 -10.6%
        2012$945 -13.8%$85,900 -13.8%
        2011$1,097 -6.5%$99,700 -6.5%
        2010$1,173 -11.5%$106,600 -11.5%
        2009$1,324 $120,400
        2008$1,324 +17.5%$120,400 +17.5%
        2007$1,128 +10.4%$102,500 +20.4%
        2006$1,021 +22.7%$85,100 +26.8%
        2005$832 +14.1%$67,100 +16.9%
        2004$729 +5.3%$57,400 +5.3%
        2003$692 $54,500
        2002$692 +2.4%$54,500
        2001$676 +2.8%$54,500 +2.8%
        2000$657 $53,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 23607

        Getting around

        51 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John Marshall
        • Middle: B. T. Washington
        • High: Heritage

        Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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