Home/Virginia/Chesapeake/MONEY POINT/427 Freeman AVE, CHESAPEAKE VA 23324
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200 days on market

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$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

Location & Street View

427 Freeman AVE, Chesapeake

Map and Street View imagery © Google. Imagery may not be current.

Map data ©Google. Click and drag inside the map to explore the surrounding area.

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

Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.

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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