Sold

$101,000

315 48th St, Newport News, VA 23607

2beds

957sqft

Single Family Residence

Built in 1985

2,613.6 Square Feet Lot

$103,900 Zestimate^®

$106/sqft

$1,384 Estimated rent

Home value

$103,900

$99,000 - $110,000

$1,384/mo

Zestimate^® history

Owner options

List your home for rent

$1,384/mo

Rent Zestimate^®

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$1,384/mo

Rent Zestimate^®

Refinance and save

$509/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$509/mo

Est. payment

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What's special

New roofHvac system

This property in Newport News presents a fantastic opportunity to fix and flip for quick return or add to your rental portfolio. The home has been vacant for three years and requires a full cosmetic rehab, along with a new roof and HVAC system. With a projected rent of $1,650/month (per Rent-O-Meter), there's strong cash flow potential post-renovation. Conveniently located near I-664 and I-64, the home offers quick access to the Peninsula Town Center, Jefferson Commons, and major shopping corridors. With the right updates, this property can deliver a solid return!

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Baseboard, Electric

Cooling

Central Air

Appliances

Included: Electric Range, Refrigerator, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Flooring: Laminate/LVP
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 957 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Two
Stories: 2
Pool features: None
Fencing: None
Waterfront features: Not Waterfront
Frontage length: 25

Lot

Size: 2,613 sqft
Dimensions: 100 x 25

Details

Parcel number: 298020116
Zoning: R5

Construction

Type & style

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

Materials

Aluminum Siding, Vinyl Siding
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: City/County
Water: City/County

Community & neighborhood

Location

Region: Newport News
Subdivision: All Others Area 107

HOA & financial

HOA

Has HOA: No

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2026	$1,954 +12.7%	$153,100 +4.2%
2025	$1,733	$146,900
2024	$1,733 +19.5%	$146,900 +17.7%
2022	$1,450 +13.1%	$124,800 +16.9%
2021	$1,282	$106,800 +14.3%
2020	$1,282 +3.8%	$93,400
2018	$1,235	$93,400 +4%
2017	$1,235 +0.3%	$89,800
2016	$1,231 +0.5%	$89,800
2015	$1,225	$89,800
2014	$1,225 -0.7%	$89,800 -14.1%
2013	$1,233	$104,600 -6.7%
2012	$1,233 -4.1%	$112,100 -4.1%
2011	$1,286 -3.9%	$116,900 -3.9%
2010	$1,339 -5.9%	$121,700 -5.9%
2009	$1,422 +12.6%	$129,300 +12.6%
2008	$1,263 +4.4%	$114,800 +4.4%
2007	$1,210 +28.3%	$110,000 +39.9%
2006	$943 -0.7%	$78,600 +2.6%
2005	$950 +28.5%	$76,600 +31.6%
2004	$739 +15.2%	$58,200 +15.2%
2003	$641	$50,500
2002	$641 +13.7%	$50,500 +11%
2001	$564 +4.6%	$45,500 +4.6%
2000	$539	$43,500