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✓ Source: REIN MLS #10650553 · record updated Sep 11, 2026 · synced every 2 min · your inquiry is never resold
$260,000
1,624sqft
$160per sqft
2days on market

1207 Freeman Ave, Chesapeake, VA 23324

SoldMulti Family Residential · built 1967 · PORTLOCK TERRACE · MLS #10650553

OverviewAbout this home

Property sold as is, where is with all contents remaining at closing to convey. CASH OFFERS ONLY and proof of funds must accompany the offer. Good opportunity for a FIX and FLIP. Great for investment property. Super convenient location with easy access to I-464, I-64, Downtown Norfolk and Norfolk Naval Shipyard.

Listing courtesy of Rhonda Shelton · BHHS RW Towne Realty · REIN MLS #10650553

Facts & features

TypeMulti Family Residential
Year built1967
Price / sqft$160
HOANone
Taxes$2,623/yr
CountyChesapeake VA
MLS #10650553

Interior

Approx. sqft
1,624

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
PORTLOCK TERRACE
Zoning
R8S
Ownership
Fee Simple
Possession
SETTLEMENT
Miscellaneous
Fixer Upper
Disclosures
Disclosure Statement

Sources: REIN MLS record

Tom & Dariya's overview

Our read on this home

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

At a glance

1207 Freeman Ave is a 1,624-square-foot multi-family property built in 1967 in Chesapeake's South Norfolk corridor — six minutes from Norfolk Naval Shipyard and steps from everyday conveniences that make this zip code genuinely practical for owners and occupants alike.

Read the full overview ↓

Why this home stands out

Multi-family properties this close to two major installations — Norfolk Naval Shipyard in six minutes and USCG Base Portsmouth in seven — are rare in the 23324 zip code. The 1967 construction gives the building solid mid-century bones, and the South Norfolk location puts grocery stores, parks, and restaurants within a half-mile walk, cutting down on car trips and keeping daily life compact.

PORTLOCK TERRACE and the Chesapeake real estate market

Freeman Ave sits in Chesapeake's South Norfolk neighborhood, a tight-knit, working-class community that grew up alongside the shipyard trades and has retained a genuine, unhurried character. The streets here are flat and walkable, lined with mature trees and modest lots that have housed generations of families. South Norfolk borders the Elizabeth River corridor and sits at the edge of the broader Chesapeake city limits — giving residents access to Chesapeake's parks and recreation infrastructure while staying close to the urban core of the Hampton Roads metro. Chesapeake as a city covers more than 350 square miles, but South Norfolk punches above its weight in terms of convenience: you're minutes from Portsmouth and Norfolk without paying their city tax rates. Families comparing homes for sale in Chesapeake often land here once they realize how much daily-life friction this location removes — two military installations, a regional park activity center, and multiple grocery options all within less than a mile.

What's nearby

Everyday errands are genuinely walkable from 1207 Freeman Ave. Mi Favorita Tienda Latina is just 0.1 miles away for Latin grocery staples, and two Food Lion locations sit within a mile for a full weekly shop. Taco Fiesta is right around the corner at 0.1 miles, Poppy's Top Dog and Hardee's are both 0.3 miles out, and a 7-Eleven covers quick coffee runs at 0.4 miles. The Portlock Activity Center — operated by Chesapeake Parks and Recreation — is 0.2 miles away, offering community programming steps from the front door. J. G. Parks & Son adds another green-space option at 0.6 miles. Fitness-minded residents have three options nearby: The Fox's Den Kung Fu at 0.5 miles, South Norfolk Martial Arts at 0.8 miles, and USA Boxing at 1.0 mile.

For different buyers

Base commute and VA loan notes

Six minutes to Norfolk Naval Shipyard and seven to USCG Base Portsmouth makes 1207 Freeman Ave one of the shortest commutes in the Hampton Roads market for dual-installation households. A VA loan can make a multi-family purchase here especially strategic — live in one unit, offset carrying costs with the other, and stay close to the gate no matter which base has you reporting.

For first-time buyers

A multi-family property in the homes for sale in 23324 category is one of the more accessible entry points into Chesapeake real estate — 1,624 square feet of 1967-built structure, a walkable block, and the kind of location that holds value across market cycles. For a first-time buyer who wants to own rather than pay someone else's mortgage, this address deserves a serious look.

More buyer questions

How far is 1207 Freeman Ave from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately six minutes by car from 1207 Freeman Ave, making this one of the closest residential addresses to the shipyard's main gate in Chesapeake. The short commute is a consistent draw for active-duty and civilian shipyard personnel.

What school zone does 1207 Freeman Ave fall in?

Buyers comparing homes for sale zoned for Oscar Smith High School and homes for sale zoned for Portlock Primary School will want to verify current zoning directly with Chesapeake Public Schools, as attendance boundaries can shift — but this address has historically fallen within those zones.

Is 1207 Freeman Ave in a flood zone?

Flood zone designation for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. South Norfolk sits near the Elizabeth River corridor, so reviewing that information before making decisions is worthwhile.

Does 1207 Freeman Ave have an HOA?

There is no HOA associated with this property, which means no monthly association fees and no deed restrictions beyond standard Chesapeake city ordinances.

What is the property type at 1207 Freeman Ave?

1207 Freeman Ave is classified as multi-family residential — a property type that gives an owner-occupant the option to live in one unit while the other unit contributes to the household's carrying costs.

Tom and Dariya Milan at LPT Realty know South Norfolk's multi-family market well — reach out to get the full picture on 1207 Freeman Ave and what it could mean for your next move.

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

Schools · VaHome School ScoreAssigned schools

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

HighOscar F. Smith High School
3.8/10
Down 0.2 from 2024–25
MiddleOscar Smith Middle School
2.4/10
Down 1.3 from 2024–25
ElementaryPortlock Primary SchoolPK–2 · SOL testing starts in grade 3
—

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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

Chesapeake$220K – $300K

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Military Commute

Drive times to nearest bases

NNSY

Navy

15min·6.2mi

USCG Portsmouth

Coast Guard

12min·3.8mi

USCG Finance Ctr

Coast Guard

13min·6.4mi

NMCP

Navy

16min·6.5mi

NS Norfolk

Navy

24min·20.2mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

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’t define a BFE here.

Property elevation

7.5 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’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — 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 A

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

Explore this neighborhoodAvalon

Avalon is a Chesapeake neighborhood with suburban charm and a settled feel. It sits in a handy spot. It is a good fit for buyers who want a quality suburb that feels long settled.

$267KMedian sale · 12 mo
$203Sold $/sq ft
8dDays on market
4For sale now
$78KHH income
70%Owner-occupied

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

Explore Avalon →
Map of Avalon with neighborhood boundaryNeighborhood

homes for sale in Chesapeake →

CostPayment calculator

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

$1,644/mo

Principal & interest

$1,349

Property tax

$219

Home insurance

$76

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 & historyComparables

Price context: similar nearby homes$290,000 – $406,000The 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.
703 Hunters QUAY · 2.4 mi · 1,644 sqft$315,000 sold 2026-09
744 Hunters Quay QUAY · 2.4 mi · 1,556 sqft$300,000 sold 2026-07
706 Albertine CT · 2.3 mi · 1,760 sqft$365,000 sold 2026-09

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

Sale & Tax History

List Price

$260,000

Price / Sq Ft

$160

Annual Taxes

$2,623

Monthly Tax

$219

HOA

None

Tax Rate (effective)

1.01%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 9, 2026$260,000—
Price increasedSep 11, 2026$260,000+$10,000
SoldSep 9, 2026$260,000—

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
1207 Freeman Avethis home$260,000——1,624$160
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Is 1207 Freeman Ave in a good school zone?
The assigned zones on the listing record are Portlock Primary, Oscar Smith Middle (VaHome School Score 2.4/10), Oscar Smith (VaHome School Score 2.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1207 Freeman 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 1207 Freeman Ave have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1207 Freeman Ave built?
It was built in 1967, per the listing record.

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

This home has soldThe next one doesn't have to be

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

🏡 Homes for sale in Chesapeake

Listing courtesy of Rhonda Shelton · BHHS RW Towne Realty · REIN MLS #10650553

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