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Virginia Beach › CHESAPEAKE BEACH › 4308 Lee Ave✓ Source: REIN MLS #10653996 · record updated Sep 26, 2026 · synced every 2 min · your inquiry is never resold
4308 Lee AVE, VIRGINIA BEACH VA 23455 - Main photo
4308 Lee AVE, VIRGINIA BEACH VA 23455 - Photo 2
4308 Lee AVE, VIRGINIA BEACH VA 23455 - Photo 3
4308 Lee AVE, VIRGINIA BEACH VA 23455 - Photo 4
4308 Lee AVE, VIRGINIA BEACH VA 23455 - Photo 5
1,848sqft
8days on market

4308 Lee Ave, Virginia Beach, VA 23455

ActiveMulti Family Residential · built 1950 · CHESAPEAKE BEACH

Facts & features

Type

Multi Family Residential

Year built

1950

Price / sqft

$338

HOA

None

Taxes

$5,402/yr

County

Virginia Beach VA

MLS #

10653996

Interior

Approx. sqft
1,848

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Stucco
Sustainability
Concrete Construction

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
CHESAPEAKE BEACH
Zoning
R5R
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

BEACH LIVING AT ITS BEST! Incredible opportunity in the highly desirable Chesapeake Beach neighborhood. This charming multi-family property sits just one block from the picturesque Chesapeake Bay and minutes from local military bases. Featuring durable concrete block walls with a stucco finish, central air conditioning, and comfortable single-story living. The entire house boasts brand-new plumbing drains running all the way out to the street, providing ultimate peace of mind. Both sides are thoughtfully updated: the left unit features luxury vinyl plank (LVP) and a completely remodeled kitchen with modern finishes, while the larger right unit also includes an office space, fresh paint and LVP flooring throughout. This side by side duplex, with Two 2BR/1BA units, is a fantastic chance for investors or buyers looking to property in "Chic's Beach". The home is being sold as-is, making it a rental income producer or a fantastic coastal find for investors.

Listing courtesy of Debbie Crevier-Kent · Cottage Street Realty LLC · REIN MLS #10653996

Tom & Dariya's overview

Our read on this home

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

At a glance

This 1,848-square-foot multi-family home was built in 1950 and sits in Virginia Beach just minutes from JEB Little Creek-Fort Story. You're looking at a classic mid-century property with established neighborhood character. It's a solid option if you're exploring homes for sale in Virginia Beach.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23455, homes for sale zoned for Cox High School, and homes for sale zoned for Hermitage Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Chic's Beach 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 1950, this multi-family residence carries the charm and solid construction of its era. The 1,848 square feet gives you room to work with across multiple units or flexible living space. Location is the real story here—you're four minutes from JEB Little Creek-Fort Story and sixteen minutes from NAS Oceana. That kind of proximity makes a real difference in daily life. The 23455 zip code anchors you in a neighborhood with deep roots and steady character.

CHESAPEAKE BEACH and the Virginia Beach real estate market

This address sits in a well-established Virginia Beach neighborhood where mid-century homes line quiet streets. The area has the feel of a community that's been here for decades—tree-lined blocks, familiar faces, and a rhythm that doesn't rush. You're close enough to the bases that commutes are short, yet far enough removed to have genuine neighborhood peace. Virginia Beach itself is a city of over 450,000 people with everything from waterfront parks to shopping districts and dining scenes. Getting around is straightforward on the main corridors, and you're never far from the essentials. The neighborhood around 4308 Lee Ave reflects that balance: accessible, grounded, and connected to the broader city without feeling crowded. Daily life here centers on local shops, parks within a short drive, and the kind of stability that comes from a neighborhood that's weathered decades together.

What's nearby

You'll find everyday conveniences within a short drive or walk. Local parks offer green space and recreation. Grocery stores and pharmacies are minutes away. Restaurants and coffee shops dot the surrounding blocks, giving you options without a long hunt. The proximity to JEB Little Creek-Fort Story and NAS Oceana means base amenities and services are also close by. Schools in the area serve the neighborhood, and shopping districts are accessible. It's the kind of location where you can handle errands quickly and still have time for what matters.

For different buyers

Base commute and VA loan notes

Four minutes to JEB Little Creek-Fort Story and sixteen minutes to NAS Oceana puts this address in a strong commute zone for active-duty and civilian personnel. VA loan financing is common in this neighborhood, and the established character means you'll find other households with military connections. The multi-family structure offers flexibility, and the 1950 build means solid bones. Quick move-in is realistic here.

For buyers drawn to character

A 1950 multi-family home carries authentic mid-century bones and the kind of character that newer construction can't replicate. The layout reflects an era when craftsmanship and solid materials were standard. If you're comparing homes for sale zoned for Cox High School or homes for sale zoned for Hermitage Elementary School, this address offers that vintage appeal with real substance. The 1,848 square feet spans multiple units or flexible spaces, giving you room to adapt the property to your vision.

More buyer questions

How far is 4308 Lee Ave from JEB Little Creek-Fort Story?

About four minutes by car. It's one of the closest commute times you'll find in Virginia Beach for that base.

What is the square footage of this multi-family home?

The property is 1,848 square feet total. The layout spans multiple units or flexible living spaces.

When was this home built?

This property was built in 1950, giving it authentic mid-century character and solid construction from that era.

Can I use VA loan financing to purchase homes for sale in 23455?

Yes. VA loan financing is widely available in this zip code and neighborhood, and many buyers here use it.

How far is this address from NAS Oceana?

About sixteen minutes by car. It's a reasonable commute for personnel stationed at that base.

Ready to explore this Virginia Beach property? Reach out to Tom & Dariya Milan at LPT Realty 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$530K – $720K

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

12.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

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.

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Chic's Beach

Chic's Beach, Chesapeake Beach on the plat and in REIN, is the Virginia Beach neighborhood that fronts the Chesapeake Bay between the Lesner Bridge and Joint Expeditionary Base Little Creek, in ZIP 23455.

$550K

Median sale · 12 mo

$306

Sold $/sq ft

24d

Days on market

13

For sale now

$88K

HH income

39.8%

Owner-occupied

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

Explore Chic's Beach →
Map of Chic's Beach with neighborhood boundaryNeighborhood

homes for sale in Virginia Beach →

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

$3,875/mo

Principal & interest

$3,243

Property tax

$450

Home insurance

$182

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

112% of $556,900

City assessment record · taxes $5,402/yr

Land share of assessed value

75% — $420,000

Improvements $136,900 · assessor record ✓

Price context — similar nearby homes

$335,000 – $390,000

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.

1306 Wakefield DR · 2.4 mi · 1,812 sqft$365,000 sold 2026-06
1238 Captain Adams CT · 2.5 mi · 1,812 sqft$390,000 sold 2026-03
4559 Good Adams LN · 2.3 mi · 1,732 sqft$345,000 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

$625,000

Price / Sq Ft

$338

Annual Taxes

$5,402

Monthly Tax

$450

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 19, 2026$625,000—
Currently listed—$625,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

12% above assessment

Total Assessed

$556,900

Land

$420,000

Improvement

$136,900

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:

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

8 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 4308 Lee Ave in a good school zone?+
The assigned zones on the listing record are Hermitage Elementary (VaHome School Score 5.7/10), Great Neck Middle (VaHome School Score 9.2/10), Frank W. Cox (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 4308 Lee 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 4308 Lee Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 4308 Lee Ave built?+
It was built in 1950, 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 Debbie Crevier-Kent · Cottage Street Realty LLC · REIN MLS #10653996

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.

4308 Lee Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

4308 Lee Ave, Virginia Beach, Virginia 23455 · MLS #10653996 · 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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