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Chesapeake › SOUTH NORFOLK › 1228 Commerce Ave✓ Source: REIN MLS #10650320 · record updated Aug 21, 2026 · synced every 2 min · your inquiry is never resold
1228 Commerce AVE, CHESAPEAKE VA 23324 - Main photo
1228 Commerce AVE, CHESAPEAKE VA 23324 - Photo 2
1228 Commerce AVE, CHESAPEAKE VA 23324 - Photo 3
1228 Commerce AVE, CHESAPEAKE VA 23324 - Photo 4
1228 Commerce AVE, CHESAPEAKE VA 23324 - Photo 5
$344,900
$212 / sqft · est. $2,114/mo →
1,624sqft
0days on market

1228 Commerce Ave, Chesapeake, VA 23324

New ListingMulti Family Residential · built 1960 · SOUTH NORFOLK

Facts & features

Type

Multi Family Residential

Year built

1960

Price / sqft

$212

HOA

None

Taxes

$2,682/yr

County

Chesapeake VA

MLS #

10650320

Interior

Approx. sqft
1,624

Construction & exterior

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

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SOUTH NORFOLK
Zoning
RSFA1
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

Rare opportunity to own a turn-key side-by-side duplex in Chesapeake with one unit vacant and move-in ready! Whether you're looking to live in one side while generating rental income from the other, add an income-producing property to your portfolio, or make your first move into real estate investing, this property offers flexibility from day one. Each unit features 2 bedrooms, 1 full bath with a with a functional one-level layout. The current owners have completed numerous updates and improvements, including a new HVAC unit making this an easy opportunity without the immediate renovation list. Unit B is vacant and ready for its next owner or tenant, while Unit A is currently tenant occupied. A great option for an owner-occupant, first-time investor or seasoned investor looking for a well-maintained duplex with strong long-term potential. Conveniently located in South Norfolk with easy access to major highways, Downtown Norfolk, shopping, dining and more. Schedule your private tour!

Listing courtesy of Sadie Arseneault · Creed Realty · REIN MLS #10650320

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1228 Commerce Avenue is a 1,624-square-foot multi-family property built in 1960 in Chesapeake, Virginia, sitting minutes from Norfolk Naval Shipyard and USCG Base Portsmouth — a compact, well-located address that puts two major installations practically at your doorstep.

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

What sets 1228 Commerce Avenue apart is raw proximity to two federal installations without the price premium of waterfront zip codes. Norfolk Naval Shipyard is a three-minute drive; USCG Base Portsmouth is four minutes out. The 1960-era multi-family structure gives you flexible square footage — 1,624 feet across multiple units — in a city that continues to attract buyers looking for value close to the water and the bases.

SOUTH NORFOLK and the Chesapeake real estate market

Commerce Avenue sits in the 23324 zip code, a working Chesapeake corridor just across the Southern Branch of the Elizabeth River from Portsmouth. The area has the bones of an older industrial-residential neighborhood — wide streets, mature trees, modest lots — and it carries that lived-in, no-pretense energy that appeals to buyers who want substance over scenery. Chesapeake itself is Virginia's second-largest city by land area, and the southern end near this address feels distinctly different from the sprawling suburbs further inland: it's denser, more connected, and closer to the water. Families comparing homes for sale in Chesapeake often underestimate how much access this part of the city delivers — two bases, downtown Portsmouth, and Norfolk all within a short drive. The 23324 zip code is one of the more affordable entry points into Chesapeake homeownership, and that draws a steady mix of military households, tradespeople, and longtime locals.

What's nearby

Daily errands are easy from Commerce Avenue. The Dog House restaurant is 0.1 miles away, and Dunkin' and McDonald's are both 0.2 miles out for quick morning stops. Rich Port Coffee at 0.4 miles is worth the slightly longer walk. For groceries, In and Out Smoke Shop and Deli is just 0.2 miles away; Let's Be Free and Mr Food Mart are both under a mile. James W. McNeil Park is 0.3 miles out, with Cascade Boulevard Park and Johnson Park each reachable in about 0.4 miles — solid options for a morning walk or an afternoon outside. RheuFit gym rounds out the practical amenities at 0.9 miles.

For different buyers

For military families relocating

Three minutes to Norfolk Naval Shipyard and four to USCG Base Portsmouth — it's hard to find a Chesapeake address that cuts the commute this short. A VA loan can make the purchase math work for eligible service members, and the multi-family structure opens up options for extended family or flexible living arrangements. For households weighing Chesapeake homes for sale near the shipyard, this block is worth a serious look.

For first-time buyers

If you're comparing homes for sale in 23324 and trying to stretch your budget without sacrificing location, 1228 Commerce Avenue checks real boxes. The 1960 construction means character and solidity; the multi-family layout means you have options. Two bases within five minutes, groceries and coffee within walking distance, and three neighborhood parks under half a mile — this is a practical, connected starting point for first-time ownership in Chesapeake.

More buyer questions

How far is 1228 Commerce Avenue from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately a 3-minute drive from 1228 Commerce Avenue, making it one of the closest residential addresses to the installation in the Chesapeake area.

How far is 1228 Commerce Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is about a 4-minute drive from Commerce Avenue — an unusually short commute for Coast Guard personnel stationed there.

What schools serve the 23324 zip code near this address?

Buyers and families comparing homes for sale zoned for Oscar Smith High School and homes for sale zoned for Rena B. Wright Primary School will find that this address falls within the Chesapeake Public Schools district — the Schools tile on this page has current zoning details.

Is 1228 Commerce Avenue in a flood zone?

Given the property's proximity to the Elizabeth River corridor, flood zone status is worth reviewing carefully — the FloodRisk tile on this page provides the current FEMA designation for this address.

Can a VA loan be used to purchase a multi-family property like this one?

Yes — VA loan eligibility can extend to multi-family properties of up to four units, provided the borrower intends to occupy one of the units as a primary residence. A VA-savvy lender can walk you through the specific requirements.

Tom and Dariya Milan at LPT Realty know this Chesapeake corridor well. Reach out to get the full picture on 1228 Commerce Avenue and what it could mean for you.

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

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

Looking up FEMA flood zone…

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 neighborhoods, a historic borough laid out along the Southern Branch of the Elizabeth River at the city's northern edge.

$311K

Median sale · 12 mo

$190

Sold $/sq ft

21d

Days on market

38

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

Chesapeake homes for sale →

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

$2,114/mo

Principal & interest

$1,790

Property tax

$224

Home insurance

$101

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

Price context — similar nearby homes

$274,500 – $349,900

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.

4109 5th ST · 2.2 mi · 1,620 sqft$274,500 sold 2026-04
4111 Leyte AVE · 2.2 mi · 1,668 sqft$300,000 sold 2026-03
4134 Everett ST · 2.2 mi · 1,544 sqft$335,000 sold 2026-06

Sale & Tax History

List Price

$344,900

Price / Sq Ft

$212

Annual Taxes

$2,682

Monthly Tax

$224

HOA

None

Tax Rate (effective)

0.78%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 21, 2026$344,900—
Currently listed—$344,900—

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

0 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 1228 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 1228 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 1228 Commerce Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1228 Commerce Ave built?+
It was built in 1960, 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Sadie Arseneault · Creed Realty · REIN MLS #10650320

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.

1228 Commerce Ave, Chesapeake — photo

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

Call or text (757) 777-7577

1228 Commerce Ave, Chesapeake, Virginia 23324 · MLS #10650320 · 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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