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Chesapeake › SOUTH NORFOLK › 1118 Commerce Ave✓ Source: REIN MLS #10653792 · record updated Oct 5, 2026 · synced every 2 min · your inquiry is never resold
1118 Commerce AVE, CHESAPEAKE VA 23324 - Main photo
1118 Commerce AVE, CHESAPEAKE VA 23324 - Photo 2
1118 Commerce AVE, CHESAPEAKE VA 23324 - Photo 3
1118 Commerce AVE, CHESAPEAKE VA 23324 - Photo 4
1118 Commerce AVE, CHESAPEAKE VA 23324 - Photo 5
4beds
3baths
1,972sqft
18days on market

1118 Commerce Ave, Chesapeake, VA 23324

ActiveResidential · built 2014 · SOUTH NORFOLK

Facts & features

Type

Residential

Year built

2014

Price / sqft

$198

HOA

None

Taxes

$3,441/yr

County

Chesapeake VA

MLS #

10653792

Interior

Bedrooms
4
Full baths
3
Approx. sqft
1,972
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
2
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor BR, Attic, PBR with Bath, Pantry, Porch
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Composite
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced

Utilities & systems

Heating
Electric, Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.1000
Subdivision
SOUTH NORFOLK
Ownership
Fee Simple
Garage
No
Parking
2 Space, Multi Car, Off Street, Driveway Spc
Possession
SETTLE
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

*****Seller offering up to 6% in closing cost assistance, subject to buyer's loan program, lender approval, and allowable closing costs.***** Located in the heart of Chesapeake's South Norfolk community, this well-maintained residence offers 4 bedrooms and 3 full bathrooms, giving you plenty of space whether you need room for guests, hobbies, or simply a place to hide from laundry you meant to fold. The home features a spacious layout with thoughtfully designed rooms throughout. The downstairs bedroom includes newly installed LVP flooring (2026) and a walk-in closet — storage, organization, or pretending you're in a dramatic movie scene while picking out an outfit. Upstairs, you'll find carpeted bedrooms, including a primary suite with its own walk-in closet (because one walk-in is never enough). Enjoy easy access to downtown Norfolk, major shipyards, and nearby interstates, making commutes simple and efficient. This inviting property is ready to welcome its next owner.Come see this gem and explore all it has to offer ---your future self might thank you for it!

Listing courtesy of Melinda Hernandez · Iron Valley Real Estate Prestige · REIN MLS #10653792

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Four-bedroom, three-bath home built in 2014 on Commerce Avenue in Chesapeake. Just three minutes from Norfolk Naval Shipyard and USCG Base Portsmouth. Walking distance to parks, coffee, and dining. Modern systems and solid construction throughout.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23324, homes for sale zoned for Oscar Smith High School, and homes for sale zoned for Rena B. Wright Primary School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at South Norfolk homes for sale, Chesapeake waterfront homes for sale, Chesapeake condos and townhomes for sale, and new construction homes in Chesapeake.

Read the full overview ↓

Why this home stands out

This 1,972-square-foot home sits on a quiet street with quick access to two major military installations. The four-bedroom layout gives you space to spread out, while the 2014 build means modern systems and solid construction. You're close enough to walk to The Dog House, Dunkin', and James W. McNeil Park—yet far enough from the main road to feel residential.

SOUTH NORFOLK and the Chesapeake real estate market

Commerce Avenue is a straightforward neighborhood street in Chesapeake. The homes here are well-maintained single-family residences built in the 2000s and 2010s. You'll find a mix of professionals who value the short commute to the shipyard and base. Chesapeake itself is Virginia's second-largest city by area, stretching from the Elizabeth River to the Great Bridge. Getting around is easy on the main roads—Route 17 and Route 58 are your main arteries. If you're comparing homes for sale in 23324, you'll notice this zip code sits in the heart of the shipyard corridor. The city offers a blend of suburban neighborhoods, waterfront access, and strong job centers tied to military and industrial work. Shopping and dining cluster along the main corridors, while quieter streets like yours offer a residential feel without isolation.

What's nearby

In and Out Smoke Shop and Deli is just two-tenths of a mile away for quick groceries. The Dog House restaurant sits practically next door. Dunkin' and McDonald's are both a short walk for coffee and breakfast. Rich Port Coffee is a bit farther but worth the trip if you want a local spot. Three parks are within a five-minute walk: James W. McNeil Park at 0.3 miles, Cascade Boulevard Park, and Johnson Park. RheuFit gym is less than a mile away if you're looking for a fitness option.

For different buyers

Base commute and VA loan notes

Three minutes to Norfolk Naval Shipyard and three minutes to USCG Base Portsmouth—one of the shortest commutes in the area. VA loan financing is common and straightforward here. Four bedrooms and three baths give you room to settle in, and the 2014 build means minimal surprises at inspection.

Room to grow

Four bedrooms let each person claim their own space, and three full baths mean mornings run smoothly. The 1,972-square-foot layout flows well for daily life. Three nearby parks—James W. McNeil, Cascade Boulevard, and Johnson Park—are all within walking distance for outdoor time.

More buyer questions

How far is 1118 Commerce Avenue from Norfolk Naval Shipyard?

About three minutes by car. It's one of the closest residential addresses to the shipyard in Chesapeake.

What grocery stores are near this address?

In and Out Smoke Shop and Deli is two-tenths of a mile away. Let's Be Free and Mr Food Mart are both under a mile.

Are there parks within walking distance?

Yes. James W. McNeil Park is three-tenths of a mile away, and Cascade Boulevard Park and Johnson Park are both under half a mile.

What schools zone this address?

This address is zoned for homes for sale zoned for Oscar Smith High School and homes for sale zoned for Rena B. Wright Primary School. Check the school tile for ratings and details.

Is this a newer home?

Yes, it was built in 2014. The systems and structure are modern and well-maintained.

Ready to explore this four-bedroom home near the shipyard? Contact Tom & Dariya Milan to schedule a tour today.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Chesapeake$330K – $450K4+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510034

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510034

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

14.2 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone D

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

South Norfolk

South Norfolk is one of Chesapeake's oldest urban areas. It is a historic borough at the city's north edge. The borough was laid out along the Southern Branch of the Elizabeth River.

$305K

Median sale · 12 mo

$193

Sold $/sq ft

21d

Days on market

29

For sale now

$62K

HH income

60.3%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore South Norfolk →
Map of South Norfolk with neighborhood boundaryNeighborhood

houses for sale in Chesapeake →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$2,423/mo

Principal & interest

$2,023

Property tax

$287

Home insurance

$114

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

118% of $329,600

City assessment record · taxes $3,441/yr

Land share of assessed value

26% — $85,000

Improvements $244,600 · assessor record ✓

Price context — similar nearby homes

$347,000 – $449,900

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

4126 Everett ST · 2.4 mi · 2,000 sqft$400,000 sold 2026-07
1616 Eugenia AVE · 2.4 mi · 2,040 sqft$421,095 sold 2026-02
4110 Everett ST · 2.3 mi · 1,800 sqft$400,000 sold 2026-08

Own a home nearby? See what it is worth today — What's your Chesapeake home worth?

Sale & Tax History

List Price

$389,800

Price / Sq Ft

$198

Annual Taxes

$3,441

Monthly Tax

$287

HOA

None

Tax Rate (effective)

0.88%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 17, 2026$389,800—
Price reducedOct 4, 2026$389,800−$100
Currently listed—$389,800—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

18% above assessment

Total Assessed

$329,600

Land

$85,000

Improvement

$244,600

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Chesapeake Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

18 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 1118 Commerce Ave in a good school zone?+
The assigned zones on the listing record are Rena B. Wright Primary, Oscar Smith Middle (VaHome School Score 3.7/10), Oscar Smith (VaHome School Score 3.7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1118 Commerce Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Does 1118 Commerce Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1118 Commerce Ave built?+
It was built in 2014, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Melinda Hernandez · Iron Valley Real Estate Prestige · REIN MLS #10653792

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1118 Commerce Ave, Chesapeake — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1118 Commerce Ave, Chesapeake, Virginia 23324 · MLS #10653792 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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