315 15th ST, Virginia Beach, VA 23451
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Chi Matsumoto

Chi Matsumoto

+1(757) 692-1247
$ 1,250,000
Est. payment | /mo
Save
$ 1,250,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Subdivision Beach Borough

MLS Listing ID 10650879

HOA Y/N No

Year Built 1961

Annual Tax Amount $5,952

Contingent Feasibility Study/Due Diligence,Home/EIFS Insp. Con.

Property Description

Own a piece of Virginia Beach's Beach Borough where coastal convenience meets consistent income potential. This six-unit property features approximately 713-square-foot one-bedroom residences designed for simple, low-maintenance living, with five units are currently leased, generating strong income with a projected market rent surpassing $6,100 monthly. The location keeps tenants connected to the energy of the Virginia Beach Oceanfront, with the Boardwalk, Atlantic Fun Park, ViBe Creative District, local dining, coffee shops, boutiques, and beachside entertainment nearby. Java Surf and the restaurants around Rudee Inlet add local flavor, while quick access to I-264 supports an easy connection to the broader Hampton Roads region. For an investor, this is the kind of address that blends rental demand, recognizable location, and long-term versatility. For residents, it means salt-air mornings, lively weekends, and everyday essentials within easy reach. Hurry to schedule a private viewing now before someone else buys YOUR NEW INVESTMENT!

Location

State VA

County Virginia Beach

Area 43 - Northeast Virginia Beach

Interior

Hot Water Electric

Heating Basebd, Electric

Cooling Window/Wall

Flooring Ceramic, Laminate/LVP, Vinyl

Exterior

Parking Features Street

Utilities Available City Sewer, City Water

Roof Type Asphalt Shingle

Building

Story 1.0000

Foundation Slab

Schools

Elementary Schools W.T. Cooke Elementary

Middle Schools Virginia Beach Middle

High Schools First Colonial

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Atlantic Sothebys Int'l Realty

Schools and Properties Nearby

Chi Matsumoto

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(757) 692-1247

agentchivb@gmail.com

Virginia Beach, VA 23451, USA

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315 15th ST