Skip To Content

1207 Cypress Ave

Virginia Beach, VA 23451
  • $629,900
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: 10612176
UPDATED: 12 min ago
$629,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,600
    SQFT
  • $394
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970

School Information

Elementary School:
Middle School:
High School:

Description

Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.

Monthly Payment Calculator

www.search7cities.com/homes/171043855
Print Image

1207 Cypress Ave Virginia Beach, VA 23451

  • Price: $629,900
  • Status: Active
  • On Site: 42 Days
  • Updated: 12 min ago
  • ID#: 10612176
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,600
SQFT
$394
$/SQFT
1970
Built
Neighborhood:
Lakewood - 142
Area:
43 - Northeast Virginia Beach
Elementary School:
W.T. Cooke Elementary
Middle School:
Virginia Beach Middle
High School:
Frank W. Cox
Property Description
Great duplex opportunity with large yards located in the highly desirable Shadowlawn/Lakewood area of the Oceanfront. This property features solid construction and a functional layout with two separate units, each offering two bedrooms and one bathroom. Ideal for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a value-add opportunity. The property is being sold 100% as-is, where-is, with no repairs by the seller. In addition to its income potential, this property also represents an excellent land investment. The lot allows for redevelopment into a larger duplex, with the potential to build two approximately 2,300-square-foot homes. Whether you choose to renovate the existing structure for a turnkey rental or develop a custom duplex, the possibilities are strong. Conveniently located near the Oceanfront, dining, shopping, and bases. Call today for details.
Exterior Features

Exterior Siding Brick Fence Description Picket Foundation Type Slab Lot Depth 130 Lot Dimensions 50 BY 130 Lot Front 50 Roof Asphalt Shingle Style Side by Side Waterfront Description Not Waterfront Waterfront YN No

Interior Features

Accessibility Level Flooring Water Heater Type Electric

Property Features

Contingency Exists Non Contingent Disclosure None Meters Separate All Miscellaneous Rehabilitated Neighborhood Name LAKEWOOD New Construction YN No Ownership Type Simple Possession SETTLE Sewer Type City/County Tax Amount Approx 3800 Water Type City/County Zoning R5D

Real Estate Information Network logoListing provided courtesy of Broadsight Realty: 757-367-5932
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
 
Logo
Search7Cities | Real Brokerage
123 S Lynnhaven Ste 201
Virginia Beach VA, 23452