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✓ Source: REIN MLS #10659207 · record updated Oct 23, 2026 · synced every 2 min · your inquiry is never resold
2504 Arctic AVE, VIRGINIA BEACH VA 23451 - Main photo
2504 Arctic AVE, VIRGINIA BEACH VA 23451 - Photo 2
$1,200,000
0days on market

2504 Arctic Ave, Virginia Beach, VA 23451

New ListingApartments 3+ · built 1935 · BEACH BOROUGH

About this home

Rare opportunity to acquire a 5-unit multi-family property in highly desirable Old Beach, 2 blocks from beach. Massive upside potential. Irreplaceable acquisition opportunity w/2 separate structures. 2 units positioned for immediate premium rehab & market-rent stabilization. 2 units currently available to show. 3 units are currently managed & occupied offering immediate income. 1st floor unit has 3 bedrooms/1 bath & other unit is 1 bedroom/1 bath. All other units 1 bed/1bath. Current rent roll analysis: 2 units at $995/month each, plus 401 25th St #3 (same tax parcel) at $1050/month. 3 bedroom market rate estimated $2100/mo & other unit $1100/mo. Zoned A-12 & part of Old Beach Overlay Redevelopment, not zoned for STR use.Property to be sold strictly As-Is, Where-Is. All statements regarding property features are estimates. Buyer to exercise due diligence to verify all info.

Listing courtesy of Angela Evans · Swell Realty Co · REIN MLS #10659207

Facts & features

Type

Apartments 3+

Year built

1935

HOA

None

Taxes

$6,919/yr

County

Virginia Beach VA

MLS #

10659207

Interior

Stories
2
Flooring
Carpet, Vinyl, Wood

Construction & exterior

Foundation
Crawl, Slab
Construction
Frame
Roof
Asphalt Shingle
Exterior
Vinyl

Utilities & systems

Heating
Electric
Cooling
Window/Wall
Water heater
Electric
Utilities available
City Sewer, City Water, Electric, Meter

Lot, parking & ownership

Subdivision
BEACH BOROUGH
Zoning
A12
Ownership
Fee Simple
Garage
No
Parking
2 Space, Driveway Spc, Street
Possession
CLOSING
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

2504 Arctic Ave is a 1935 multi-unit property in Virginia Beach, just blocks from the Atlantic Ocean. NAS Oceana is about seven minutes away, and Dam Neck Annex is roughly eight. Daily essentials, dining, and green space are all within a short walk. This address puts you close to everything the Virginia Beach oceanfront delivers.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for First Colonial High School, and homes for sale zoned for Cooke Elementary School. Nearby, look at Lands End homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

Built in 1935, this property carries the kind of construction character that newer buildings simply cannot replicate. Arctic Ave sits in the heart of the Virginia Beach Resort Area, where the ocean is a short stroll east and the energy of the boardwalk corridor is right outside the door. Multi-unit properties from this era are rare this close to the water. The lot's position gives residents quick access to both the beach and the city's main commercial spine along Atlantic Ave.

BEACH BOROUGH and the Virginia Beach real estate market

Arctic Ave runs parallel to the oceanfront in Virginia Beach's Resort Area, one of the city's most recognizable corridors. The blocks here are a mix of older cottages, low-rise apartment buildings, and small commercial storefronts. Streets are walkable, flat, and bike-friendly. The ocean is just a few blocks east, and the energy of the boardwalk carries into the surrounding neighborhood year-round. Virginia Beach is a coastal independent city of roughly 460,000 people. It stretches from the oceanfront west through Kempsville and out to the rural Pungo corridor. Getting around is straightforward — Interstate 264 connects the Resort Area to downtown Norfolk in about 25 minutes. The Virginia Beach Expressway gives you a quick path inland. Anyone comparing Virginia Beach homes for sale will notice that properties this close to the water, with this much history, are genuinely uncommon.

What's nearby

Price Chopper is 0.1 miles away for everyday grocery runs. Harris Teeter is just 0.4 miles out for a fuller shop. Mo'Bettas and Cajun Seafood and Bar are both within a block for casual dining. Daybreak Coffee and Mosaic Cafe are each about 0.2 miles away for morning routines. Season for Nonviolence Parklet and 24th Street Park are within a short walk for outdoor time. Naval Aviation Monument Park is 0.3 miles away and worth a visit. Acro Yoga 757 is 0.2 miles out for fitness. This is one of the more walkable pockets among homes for sale in 23451.

For different buyers

Base commute and VA loan notes

NAS Oceana is about seven minutes from this address, and Dam Neck Annex is roughly eight. Both are straightforward drives with no highway merging required. VA loan financing is commonly used for properties in this zip code. The location puts two major installations within easy reach without a long daily commute eating into your time.

For first-time buyers

A 1935 property this close to the Virginia Beach oceanfront is an uncommon entry point into a high-demand coastal zip code. The walkable location means one car can realistically handle most daily needs. Grocery stores, coffee shops, parks, and dining are all within a quarter mile. For anyone taking their first step into homeownership, this address offers both character and convenience in a location that holds long-term appeal.

For buyers drawn to character

Properties built in 1935 are rare anywhere in Virginia Beach, and rarer still this close to the water. The bones of a building from this era — the proportions, the materials, the craftsmanship — are simply different from what gets built today. Arctic Ave itself has the kind of layered, lived-in street character that buyers who care about authenticity actively seek out. If you are comparing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School, this block sits within a corridor that has genuine architectural history behind it.

More buyer questions

How far is 2504 Arctic Ave from NAS Oceana?

NAS Oceana is about seven minutes from this address by car. The route is a direct, low-traffic drive with no highway required.

How far is 2504 Arctic Ave from the Virginia Beach oceanfront?

The Atlantic Ocean is just a few blocks east of Arctic Ave. Most people walk it in under ten minutes.

Is 2504 Arctic Ave in a flood zone?

Flood zone information for this address is covered in the FloodRisk tile on this page. Check that section for the current FEMA designation.

What kind of property is 2504 Arctic Ave?

2504 Arctic Ave is a multi-unit apartment property built in 1935. It sits on Arctic Ave in the Virginia Beach Resort Area corridor.

Where can you walk to from 2504 Arctic Ave?

Price Chopper, Mo'Bettas, Daybreak Coffee, and 24th Street Park are all within a quarter mile. The oceanfront boardwalk is a short walk east.

Want to know more about 2504 Arctic Ave? Tom and Dariya Milan are ready to answer your questions and set up a walkthrough at your convenience.

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

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

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

Virginia Beach$1M – $1.4M

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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 AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

High Risk

FEMA flood zone

AE (1% annual chance)

Base flood elevation

7 ft above sea level

Property elevation

4.3 ft above sea level

2.7 ft below BFE

USGS 3DEP digital elevation model

Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.

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.

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone B

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

Military Aircraft Zone Information

Aircraft Noise

65-70 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhood

Lands End

Lands End is a condo community in Virginia Beach, ZIP 23451. It sits off Norfolk Avenue near North Birdneck Road. The Atlantic oceanfront and boardwalk are a short way off.

$290K

Median sale · 12 mo

$306

Sold $/sq ft

14d

Days on market

2

For sale now

$83K

HH income

61%

Owner-occupied

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

Explore Lands End →
Map of Lands End with neighborhood boundaryNeighborhood

Virginia Beach houses for sale →

Location intelligence

What's nearby

Location & Neighborhood

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

Military Commute

Drive times to nearest bases

NAS Oceana

Navy

18min·7.6mi

Dam Neck

Navy

21min·8.2mi

Little Creek

Navy

26min·15.9mi

USCG Finance Ctr

Coast Guard

26min·20.8mi

USCG Portsmouth

Coast Guard

22min·18.9mi

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

Payment Calculator

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$7,153/mo

Principal & interest

$6,227

Property tax

$577

Home insurance

$350

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

Comparables

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

Sale & Tax History

List Price

$1,200,000

Price / Sq Ft

$0

Annual Taxes

$6,919

Monthly Tax

$577

HOA

None

Tax Rate (effective)

0.58%

Sale Timeline (this listing)

EventDatePriceDetail
ListedOct 23, 2026$1,200,000—
Currently listed—$1,200,000—

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:

Virginia Beach 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

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

Questions buyers ask

Is 2504 Arctic Ave in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6.3/10), Virginia Beach Middle (VaHome School Score 7.1/10), First Colonial (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 2504 Arctic Ave in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 7 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Does 2504 Arctic Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 2504 Arctic Ave built?+
It was built in 1935, 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

Listing courtesy of Angela Evans · Swell Realty Co · REIN MLS #10659207

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

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2504 Arctic Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

2504 Arctic Ave, Virginia Beach, Virginia 23451 · MLS #10659207 · 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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