Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.
For sale
$1,250,000
316 16th St, Virginia Beach, VA 23451
6beds
4baths
2,946sqft
Triplex
Built in 1940
-- sqft lot
$1,191,800 Zestimate®
$424/sqft
$-- HOA
What's special
- 33 days |
- 867 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Carrie Copenhaver,
Iron Valley Real Est Norfolk 757-900-4873
Source: REIN Inc.,MLS#: 10637846
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,946 sqft
Property
Features
- Fencing: None
- Waterfront features: Not Waterfront
Details
- Zoning: A12
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding, Wood Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Beach Borough
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $424/sqft
- Annual tax amount: $5,788
- Date on market: 6/3/2026
Estimated market value
$1,191,800
$1.13M - $1.25M
$2,010/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Seatack
Nearby schools
GreatSchools rating
- 7/10W.T. Cooke Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Virginia Beach Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10First Colonial High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: W.T. Cooke Elementary
- Middle: Virginia Beach Middle
- High: First Colonial
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.





