Investor opportunity in the heart of Newport News! This well-maintained duplex at 716 31st St is the perfect addition to your rental portfolio, with leases already secured through 2027?providing immediate and stable cash flow. Each unit features durable LVP flooring, updated windows, and modern HVAC systems, offering low-maintenance ownership and tenant comfort. Utilities are separately metered, maximizing efficiency and simplifying management. Whether you?re a seasoned investor looking to expand or just starting to build your portfolio, this property checks all the boxes. Conveniently located near major employers, shipyard, and interstate access, making it an attractive option for long-term tenants. Don?t miss this turnkey income-producing property!
For sale
$240,000
716 31st St, Newport News, VA 23607
4beds
2baths
1,680sqft
Duplex
Built in 1940
-- sqft lot
$241,200 Zestimate®
$143/sqft
$-- HOA
What's special
Modern hvac systemsWell-maintained duplexDurable lvp flooringUpdated windows
- 66 days |
- 356 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Kris Weaver,
Atlantic Sothebys Int'l Realty 757-777-9870,
Hunter Nowell,
Atlantic Sothebys Int'l Realty
Source: REIN Inc.,MLS#: 10632720
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,680 sqft
Property
Features
- Fencing: Back Yard
- Waterfront features: Not Waterfront
- Frontage length: 25
Lot
- Size: 2,500 Square Feet
- Dimensions: 25 x 100 x 25 x 100
Details
- Parcel number: 306010407
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: All Others Area 106
Location
- Region: Newport News
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $215,600
- Annual tax amount: $2,691
- Date on market: 5/1/2026
Estimated market value
$241,200
$229,000 - $253,000
$1,298/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,691 +16.4% | $215,600 +10% |
| 2025 | $2,313 +13.3% | $196,000 +13.3% |
| 2024 | $2,041 +115.8% | $173,000 +17.2% |
| 2022 | $946 +5.6% | $147,600 +125.3% |
| 2021 | $896 +4% | $65,500 +6% |
| 2020 | $862 +0.3% | $61,800 +4.7% |
| 2018 | $859 | $59,000 |
| 2017 | $859 +0.5% | $59,000 |
| 2016 | $855 -0.7% | $59,000 -1.7% |
| 2015 | $861 | $60,000 -6.1% |
| 2014 | $861 -0.9% | $63,900 -7.4% |
| 2013 | $869 | $69,000 -12.7% |
| 2012 | $869 -13% | $79,000 -13% |
| 2011 | $999 -8.5% | $90,800 -8.5% |
| 2010 | $1,091 -14.5% | $99,200 -14.5% |
| 2009 | $1,276 | $116,000 |
| 2008 | $1,276 +25.5% | $116,000 +25.5% |
| 2007 | $1,016 +32.6% | $92,400 +44.6% |
| 2006 | $767 -3.2% | $63,900 |
| 2005 | $792 +44.8% | $63,900 +48.3% |
| 2004 | $547 +37.7% | $43,100 +37.7% |
| 2003 | $398 | $31,300 |
| 2002 | $398 +2.4% | $31,300 |
| 2001 | $388 +2.6% | $31,300 +2.6% |
| 2000 | $378 | $30,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Marshall-Ridley
Nearby schools
GreatSchools rating
- 4/10John Marshall Early Childhood CenterGrades: PK-KDistance: 0.3 mi
- 1/10Huntington Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Heritage High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Magruder Elementary
- Middle: B.T. Washington Middle
- High: Heritage
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.
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