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
For sale
$899,000
521 Monroe Ave, Cape Charles, VA 23310
6beds
4baths
3,072sqft
Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$293/sqft
$-- HOA
What's special
- 24 days
- 340
- 19
Zillow last checked:
Listing updated:
Listed by:
Steve Marable,
Iron Valley Real Estate HR 757-645-9700
Source: REIN Inc.,MLS#: 10653643
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: 9/15/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,959/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,098 +2.9% | $865,000 |
| 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
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Neighborhood: 23310
Nearby schools
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.





