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For sale
  • $899,000

    521 Monroe Ave, Cape Charles, VA 23310

    6beds
    4baths
    3,072sqft
    : 
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    Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Electric water heatersDining areasIn-unit washers and dryersAttic storageHardwood flooringDouble-pane windows
    Rare turnkey duplex investment opportunity in the heart of historic Cape Charles. Fully renovated in 2020, this coastal property features two identical units, each offering 3 bedrooms, 2 full baths, spacious living areas, full kitchens with stainless appliances, dining areas, hardwood flooring, wall-to-wall carpet, attic storage, and in-unit washers & dryers. Both units include central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and off-street parking with a stone driveway. All furniture, appliances, and decor purchased in 2021 convey, making this a true move-in ready or short-term rental opportunity. Property has 4 years of established vacation rental history with strong income potential. Located just minutes from public beach access, local shops, restaurants, and entertainment in one of Virginia’s most popular coastal towns. 1 unit is occupied with a year lease ending in 2027 and the other unit has several short term rentals through August 2026
    66 days
    |
    332
    |
    13
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Marable,

    Iron Valley Real Estate HR 757-645-9700

    Source: REIN Inc.,MLS#: 10634730MLS Logo

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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: 3,072 sqft
      Video & virtual tour

      Property

      Features
      • Patio & porch: Deck, Patio
      • Fencing: None
      • Waterfront features: Not Waterfront
      • Frontage length: 40
      Lot
      • Size: 5,200 Square Feet
      • Dimensions: 40 x 130 x 40 x 130
      Details
      • Parcel number: 083A301000000270

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: City/County
      • Water: City/County

      Community & HOA

      Community
      • Subdivision: Cape Charles
      Location
      • Region: Cape Charles

      Financial & listing details

      • Price per square foot: $293/sqft
      • Tax assessed value: $865,000
      • Annual tax amount: $5,925
      • Date on market: 5/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,543/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2024$5,925 +39.1%$865,000 +54.3%
        2023$4,260 $560,500
        2022$4,260 +108.1%$560,500 +128.6%
        2021$2,047 $245,200
        2020$2,047 -2.9%$245,200 -3.5%
        2019$2,108 $254,000
        2018$2,108 +210.1%$254,000
        2017$680 -0.8%$254,000 +13.5%
        2016$686 $223,700
        2015$686 $223,700 -41.9%
        2011-- $384,900
        2010-- $384,900
        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.
        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: 23310

        Getting around

        60 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kiptopeke Elementary
        • High: Northampton

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

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