1207 Cypress AVE, Virginia Beach, VA 23451

$599,000

Est. payment /mo

$629,900

4.9%
Est.Price: ?

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1207 Cypress AVE Virginia Beach, VA 23451

1,600 SqFt

SOLD DATE : 02/23/2026

Key Details

Sold Price $599,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $374

Subdivision Lakewood - 142

MLS Listing ID 10612176

Sold Date 02/23/26

Style Side by Side

HOA Y/N No

Year Built 1970

Annual Tax Amount $3,800

Lot Size 1600.000 Acres

Property Sub-Type Duplex

Property Description

Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.

Location

State VA

County Virginia Beach

Area 43 - Northeast Virginia Beach

Zoning R5D

Interior

Hot Water Electric

Exterior

Fence Picket

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Accessibility Level Flooring

Building

Foundation Slab

Sewer City/County

Water City/County

Schools

Elementary Schools W.T. Cooke Elementary

Middle Schools Virginia Beach Middle

High Schools Frank W. Cox

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None

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Real Estate Information Network (REIN)
Listed by Broadsight Realty
Bought with Realty Source
Perrin Duvall

Perrin Duvall

REALTOR® | GRI | Local Expert License ID: 0225225632

+1(757) 284-6205

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