4308 Lee Avenue

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Address: 4308 Lee Ave, Virginia Beach, VA 23455, USA
Washington DC + Apartment Buildings
Created date: September 23, 2026
Date last updated: October 3, 2026
Price: $625,000Investment Analyzer NEW!

Property Description

BEACH LIVING AT ITS BEST! Incredible opportunity in the highly desirable Chesapeake Beach neighborhood. This charming multi-family property sits just one block from the picturesque Chesapeake Bay and minutes from local military bases. Featuring durable concrete block walls with a stucco finish, central air conditioning, and comfortable single-story living. The entire house boasts brand-new plumbing drains running all the way out to the street, providing ultimate peace of mind. Both sides are thoughtfully updated: the left unit features luxury vinyl plank (LVP) and a completely remodeled kitchen with modern finishes, while the larger right unit also includes an office space, fresh paint and LVP flooring throughout. This side by side duplex, with Two 2BR/1BA units, is a fantastic chance for investors or buyers looking to property in "Chic's Beach". The home is being sold as-is, making it a rental income producer or a fantastic coastal find for investors.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $625,000
Year Built: 1950
Lot Size: 1,848.00 Sq ft
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 4308 Lee Avenue, Virginia Beach, VA 23455, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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