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Virginia Beach › BEACH BOROUGH › 316 16th St✓ Source: REIN MLS #10652121 · record updated Sep 11, 2026 · synced every 2 min · your inquiry is never resold
316 16th ST, VIRGINIA BEACH VA 23451 - Main photo
316 16th ST, VIRGINIA BEACH VA 23451 - Photo 2
316 16th ST, VIRGINIA BEACH VA 23451 - Photo 3
316 16th ST, VIRGINIA BEACH VA 23451 - Photo 4
316 16th ST, VIRGINIA BEACH VA 23451 - Photo 5
2,946sqft
9days on market

316 16th St, Virginia Beach, VA 23451

ActiveMulti Family Residential · built 1940 · BEACH BOROUGH

Facts & features

Type

Multi Family Residential

Year built

1940

Price / sqft

$338

HOA

None

Taxes

$5,788/yr

County

Virginia Beach VA

MLS #

10652121

Interior

Approx. sqft
2,946

Construction & exterior

Style
Over/Under
Subtype
Triplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl,Wood

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
BEACH BOROUGH
Zoning
A12
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.

Listing courtesy of Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10652121

Tom & Dariya's overview

Our read on this home

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

At a glance

This 2,946-square-foot multi-family home sits in a walkable Virginia Beach neighborhood built in 1940. You're about seven minutes from NAS Oceana and Dam Neck Annex. Daily life centers on nearby restaurants, coffee shops, and fitness options within a short walk.

Read the full overview ↓

Why this home stands out

Built in 1940, this multi-family property captures the character of a well-established Virginia Beach block. The layout spans nearly 3,000 square feet across multiple units. You'll find yourself in a neighborhood where everything—groceries, dining, exercise—clusters within blocks. It's the kind of location that rewards walking and builds community through proximity. If you're comparing Virginia Beach homes for sale, note the rare combination of vintage charm and modern convenience here.

BEACH BOROUGH and the Virginia Beach real estate market

This address sits in a vibrant, walkable pocket of Virginia Beach where neighbors know the local spots. The streets here reflect the neighborhood's 1940s roots, with a mix of multi-family and single-family homes. You're steps from Icehouse Restaurant, Tad's Deli, and Zeke's, all within a two-minute walk. Grocery shopping at Tienda Latina La Tapatia 2 or Prise's Food Mart takes four minutes on foot. Fitness options like TakeOver Athletics Shadowlawn and Kaizen Athletics sit equally close. Virginia Legends Park and Vibe Park offer outdoor space for recreation and relaxation. Virginia Beach itself is a city built around military presence and coastal living. NAS Oceana and Dam Neck Annex anchor the local economy and community. The 23451 zip code is home to a diverse mix of professionals and long-term residents. Getting around the city is straightforward: major roads connect you to the beach, downtown Norfolk, and beyond. Anyone comparing homes for sale in 23451 will notice this neighborhood's walkability stands out.

What's nearby

You're in a restaurant lover's zone. Icehouse Restaurant, Tad's Deli, and Zeke's are all within a two-minute walk. Fathom Coffee and 7-Eleven offer quick caffeine stops nearby. For groceries, Tienda Latina La Tapatia 2 and Prise's Food Mart sit just four blocks away. Fitness is equally accessible: TakeOver Athletics Shadowlawn, Kaizen Athletics, and ReStormi Pilates are all within a three-minute walk. Virginia Legends Park, Vibe Park, and Barreled Sculpture provide outdoor recreation and public art.

For different buyers

Base commute and VA loan notes

NAS Oceana is about seven minutes away, and Dam Neck Annex is equally close. VA loan financing is common in this neighborhood. The walkable layout means you can handle daily errands on foot, and the established community eases transition.

Room to grow

This 2,946-square-foot multi-family layout offers room for multiple living spaces and income potential. The walkable neighborhood means you can run errands without a car. Nearby parks like Virginia Legends Park and Vibe Park provide outdoor recreation. Fitness facilities and dining options sit within blocks.

More buyer questions

How far is 316 16th Street from NAS Oceana?

About seven minutes by car. Dam Neck Annex is also roughly seven minutes away.

What restaurants are within walking distance?

Icehouse Restaurant, Tad's Deli, and Zeke's are all within two minutes on foot. Fathom Coffee and several other options sit nearby as well.

Are there grocery stores close by?

Yes. Tienda Latina La Tapatia 2 and Prise's Food Mart are both about four blocks away. Anyone comparing homes for sale in Virginia Beach will appreciate this neighborhood's grocery access.

Can you walk to fitness facilities?

Absolutely. TakeOver Athletics Shadowlawn, Kaizen Athletics, and ReStormi Pilates are all within a three-minute walk.

What parks are nearby?

Virginia Legends Park, Vibe Park, and Barreled Sculpture are all within four blocks, offering outdoor recreation and public art. If you're exploring homes for sale zoned for First Colonial High School or homes for sale zoned for Cooke Elementary School, this neighborhood has strong park access.

Ready to explore this walkable Virginia Beach property? Contact Tom & Dariya Milan to schedule a tour and learn more.

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

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

Virginia Beach$845K – $1.1M

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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 X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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

Rudee Heights

Rudee Heights is a compact waterfront neighborhood at the south end of the Virginia Beach Oceanfront. It sits on the peninsula between Lake Rudee and Lake Wesley, near Rudee Inlet.

1

For sale now

$176K

HH income

81.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Rudee Heights →
Map of Rudee Heights with neighborhood boundaryNeighborhood

browse Virginia Beach listings →

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

$5,935/mo

Principal & interest

$5,163

Property tax

$482

Home insurance

$290

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

Why the land carries the value

Asking vs. assessment

167% of $596,700

City assessment record · taxes $5,788/yr

Land share of assessed value

66% — $396,000

Improvements $200,700 · assessor record ✓

Price context — similar nearby homes

$675,000 – $77,500,000

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.

502 26th ST · 0.7 mi · 2,899 sqft$855,000 sold 2026-07
1309 Baltic AVE · 0.2 mi · 2,500 sqft$675,000 sold 2026-04
603 16th ST · 0.3 mi · 3,404 sqft$1,175,000 sold 2026-07

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

Sale & Tax History

List Price

$995,000

Price / Sq Ft

$338

Annual Taxes

$5,788

Monthly Tax

$482

HOA

None

Tax Rate (effective)

0.58%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 3, 2026$995,000—
Currently listed—$995,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

67% above assessment

Total Assessed

$596,700

Land

$396,000

Improvement

$200,700

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

9 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 316 16th St in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6/10), Virginia Beach Middle (VaHome School Score 6.4/10), First Colonial (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 316 16th St 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.
Is there a gym near 316 16th St?+
Yes — WHAT'S YOUR EXCUSE FITNESS is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 316 16th St?+
Barreled Scuplture is about 0.1 miles away.
Where is the nearest grocery store to 316 16th St?+
Prise's Food Mart is about 0.4 miles away. The closest dining on record is Rose's (0.1 mi).
Does 316 16th St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 316 16th St built?+
It was built in 1940, 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 Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10652121

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.

316 16th St, Virginia Beach — photo

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

Call or text (757) 777-7577

316 16th St, Virginia Beach, Virginia 23451 · MLS #10652121 · 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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