Home/Virginia/Chesapeake/MONEY POINT/427 Freeman AVE, CHESAPEAKE VA 23324
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Coming Soon
Active
Under Contract
Sold
Off Market

200 days on market

$95,000

427 Freeman Ave

Chesapeake, Virginia 23324

MLS# 10607003 · MONEY POINT · Chesapeake VA

Updated Apr 6, 2026 · Source: REIN MLS

Est. payment

$597/mo

Edit below

Price / sq ft

$0

0 sq ft

Days on market

200

HOA

None

Year built

N/A

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

0

Garage

N/A

Land and FarmsSingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Prime opportunity in Chesapeake's South Norfolk/Money Point area! This property is zoned M-2 (Heavy Industrial), offering excellent potential for commercial or industrial use. The parcel is approx. 3,572 sq ft and well-situated with convenient access to major thoroughfares, ports, and interstates.Onsite is a 2-bedroom, 1-bath home (approx. 1,016 sq ft) that can provide immediate rental income, office space, or tempor…

Listed by Robert Rogers · Real Broker LLC

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

0

Stories

0

Fireplaces

0

Flooring

N/A

Heating

Cooling

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$95,000

Price / Sq Ft

$0

Annual Taxes

$917

Monthly Tax

$76

HOA

None

Tax Rate (effective)

0.97%

Sale Timeline (this listing)

EventDatePriceDetail
ListedOct 21, 2025$95,000
Currently listed$95,000

Public-Records Assessment

Source: Chesapeake via Hampton Roads Regional Parcels. Fetched May 11, 2026.

29% above assessment

Total Assessed

$73,800

Land

$58,500

Improvement

$15,300

Parcel ID: 1570000001470 · View on city GIS portal

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.

About buying in Chesapeake

Homes for sale in Chesapeake, VA appeal to buyers who want suburban space, top-rated schools, and easy access to Virginia Beach and Norfolk. The city's geography splits roughly into five corridors: Greenbrier (23320) with newer construction and shopping near the mall; Great Bridge (23320, 23322) with the historic Battlefield district and excellent schools; Hickory (23322) with large-lot family homes and Hickory High; Western Branch (23321) near the Portsmouth border with mature trees and starter homes; and Deep Creek / South Norfolk (23323, 23324) with affordable inventory and waterfront access. Buyer demand is anchored by Chesapeake Public Schools — among the highest-rated in Hampton Roads — including Hickory High, Grassfield High, Great Bridge High, and Western Branch High. Median home prices range from $300K starter homes in Deep Creek to $600K+ Great Bridge family homes and $1M+ luxury estates in Hickory's gated communities. Chesapeake's commute is excellent for buyers working in Virginia Beach, Norfolk Naval Shipyard, or Newport News Shipbuilding via the I-664 and I-64 corridors. Below you'll find every active Chesapeake MLS listing pulled every 5 minutes from the REIN feed.

See more Chesapeake homes for sale →

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.

Estimate your monthly payment

$597/mo

Principal & interest

$493

Property tax

$76

Home insurance

$28

PMI

None

HOA

None

Estimate only. 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.

Listed by Real Broker LLC · MLS# 10607003

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$95,000

427 Freeman AVE, CHESAPEAKE VA 23324

Chesapeake, Virginia 23324

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Quick Facts

TypeLand and Farms
Year Built0
Lot Size0.0800
Taxes$917/yr
HOANone
Heating
Cooling

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