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Hampton › ALL OTHERS AREA 102 › 406 South Armistead Ave✓ Source: REIN MLS #10654943 · record updated Sep 24, 2026 · synced every 2 min · your inquiry is never resold
406 South Armistead AVE, HAMPTON VA 23669 - Main photo
406 South Armistead AVE, HAMPTON VA 23669 - Photo 2
406 South Armistead AVE, HAMPTON VA 23669 - Photo 3
406 South Armistead AVE, HAMPTON VA 23669 - Photo 4
406 South Armistead AVE, HAMPTON VA 23669 - Photo 5
$725,000
0days on market

406 South Armistead Ave, Hampton, VA 23669

New ListingApartments 3+ · built 1890 · ALL OTHERS AREA 102

Facts & features

Type

Apartments 3+

Year built

1890

HOA

None

Taxes

$6,125/yr

County

Hampton VA

MLS #

10654943

Interior

Stories
3
Flooring
Carpet, Vinyl, Wood

Construction & exterior

Foundation
Crawl
Construction
Frame, Other
Roof
Asphalt Shingle
Exterior
Vinyl

Utilities & systems

Heating
Basebd, Forced Hot Air
Cooling
Central Air, Window/Wall
Water heater
Gas
Utilities available
City Sewer, City Water, Electric, Gas

Lot, parking & ownership

Lot size
188 X 115
Subdivision
ALL OTHERS AREA 102
Zoning
RM
Ownership
Fee Simple
Garage
No
Parking
Assigned/Reserved, Multi Car, Off Street, Street
Possession
AT CLOSING
Disclosures
Disclosure Statement

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

About this home

**GREAT INVESTMENT OPPORTUNITY – 7-UNIT MULTIFAMILY PROPERTY!** Fully occupied income-producing property offering immediate cash flow with multiple opportunities for future upside. Recent improvements include **new mini-split systems, updated electrical, a new roof in 2021, and new flooring and windows in 5 of the 7 units**. Current rent roll includes several month-to-month tenancies, providing a future owner flexibility to evaluate lease terms and bring rents toward market levels as appropriate, while longer-term leases provide additional stability. Additional income/NOI potential may exist through implementation of tenant utility reimbursement or tenant-paid utility structures where legally permissible and subject to existing leases and utility configuration. Situated on approximately **0.5186 acres (22,591 SF)** with approximately **5,210 SF of building area**, the property also offers an intriguing additional development component: the front portion of the site is currently being evaluated for possible subdivision. No value for a potential subdivided parcel is included in the current financial projections, and any subdivision or development is subject to governmental approval and buyer due diligence. An excellent opportunity for investors seeking an income-producing multifamily asset, portfolio addition, or potential **1031 exchange replacement property**. **Current rent roll, survey, and preliminary pro forma are uploaded under Documents for review.**

Listing courtesy of Maria Gauvin · Keller Williams Town Center · REIN MLS #10654943

Keep searching in Hampton

See all Hampton homes for sale, including homes for sale in 23669, homes for sale zoned for Phoebus High School, and homes for sale zoned for A.W.E. Bassette Elementary School. Browse every listing among homes for sale in Hampton — updated from the REIN MLS every few minutes. Nearby, look at Hampton Roads homes for sale, Hampton waterfront homes for sale, Hampton condos and townhomes for sale, and new construction homes in Hampton.

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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 515527

Flood Risk

Looking up FEMA flood zone…

Explore this neighborhood

Hampton Roads

Hampton Roads is a waterfront neighborhood in Hampton, Virginia. It sits close to the water and has deep ties to the sea. The area has a mix of homes.

$310K

Median sale · 12 mo

$185

Sold $/sq ft

32d

Days on market

11

For sale now

$68K

HH income

56.2%

Owner-occupied

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

Explore Hampton Roads →
Map of Hampton Roads with neighborhood boundaryNeighborhood

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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

$4,484/mo

Principal & interest

$3,762

Property tax

$510

Home insurance

$211

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

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

Sale & Tax History

List Price

$725,000

Price / Sq Ft

$0

Annual Taxes

$6,125

Monthly Tax

$510

HOA

None

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 24, 2026$725,000—
Currently listed—$725,000—

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:

Hampton 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 406 South Armistead Ave in a good school zone?+
The assigned zones on the listing record are A.W.E. Bassette Elementary (VaHome School Score 4.5/10), C. Alton Lindsay Middle (VaHome School Score 4.2/10), Phoebus (VaHome School Score 6.6/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 406 South Armistead 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 406 South Armistead Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 406 South Armistead Ave built?+
It was built in 1890, 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 Maria Gauvin · Keller Williams Town Center · REIN MLS #10654943

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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406 South Armistead Ave, Hampton — photo

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

Call or text (757) 777-7577

406 South Armistead Ave, Hampton, Virginia 23669 · MLS #10654943 · 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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