For sale

$239,999

229 Chestnut St, Suffolk, VA 23434

4beds

2,840sqft

$1,724/mo

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Single Family Residence

Built in 1900

4,356 Square Feet Lot

$234,800 Zestimate^®

$85/sqft

$-- HOA

What's special

Detached garage

Exceptional investment opportunity in the growing Downtown Suffolk area! This 4BR/3BA property offers over 2,800 square feet with endless potential for a renovation, fix-and-flip, income-producing rental, or owner-occupied investment. The flexible layout may allow for conversion to a duplex or triplex, subject to buyer verification of zoning and permitted uses. The main home features 3 bedrooms and 2.5 baths, while the apartment above the detached garage includes an additional 1 bedroom and 1 bath. The garage's ground level also offers potential for additional finished living space, creating even greater value. Several major system upgrades have already been started. Conveniently located near Downtown Suffolk's revitalization, shopping, dining, and major commuter routes. Property is being sold strictly as-is.

33 days
265
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: 1st Floor BR, Breakfast Area, Fin. Rm Over Gar, Utility Closet, Workshop

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Laundry: Dryer Hookup, Washer Hookup

Features

Walk-In Closet(s), In-Law Floorplan, Pantry
Flooring: Carpet, Vinyl, Wood
Basement: Crawl Space
Attic: Permanent Stairs
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,840 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Det 2 Car, Off Street, Driveway, Converted Gar
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch
Pool features: None
Fencing: Back Yard,Fenced
Has view: Yes
View description: City
Waterfront features: Not Waterfront

Lot

Size: 4,356 Square Feet

Details

Parcel number: 34G17A68
Zoning: RES
Other equipment: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition

Condition

Fixer
New construction: No
Year built: 1900

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: All Others Area 62

HOA

Has HOA: No

Location

Region: Suffolk

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $116,500
Annual tax amount: $1,369
Date on market: 9/3/2026

Estimated market value

$234,800

$223,000 - $247,000

$3,094/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$1,369 +4%	$116,500 +4%
2024	$1,316 +2.9%	$112,000 +4.7%
2023	$1,279 +23.8%	$107,000 +23.8%
2022	$1,032 +5%	$86,400 +6.8%
2021	$983 +2.5%	$80,900 +2.5%
2020	$959 -0.1%	$78,900 -0.1%
2019	$960	$79,000
2018	$960 +69.9%	$79,000
2017	$565	$79,000
2016	$565	$79,000
2015	$565	$79,000
2014	$565	$79,000
2013	--	$79,000
2012	--	$79,000 +8.2%
2011	--	$73,000
2010	--	$73,000 -3.2%
2009	$780	$75,400
2008	$780 0%	$75,400 +2.9%
2007	$781 +24.2%	$73,300 +42.3%
2005	$628	$51,500
2004	--	$51,500
2003	--	$51,500 +14.4%
2002	--	$45,000
2001	--	$45,000