1207 Cypress Avenue, Virginia Beach, VA 23451
- $599,000
- 1,600
- SqFt
- Sold Price
- $599,000
- Status
- SOLD
- MLS#
- 10612176
- Closing Date
- Feb 23, 2026
- Year Built
- 1970
- Style
- Side by Side
- Living Area
- 1,600
- County
- Virginia Beach VA
- City
- Virginia Beach
- Subdivision
- Lakewood - 142
- Neighborhood
- Lakewood
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.
Additional Information
- Roof
- Asphalt Shingle
- Exterior
- Brick
- Waterfront Description
- Not Waterfront
- Sewer
- City/County
- Elementary School
- W.T. Cooke Elementary
- Middle School
- Virginia Beach Middle
- High School
- Frank W. Cox
- Contingency Exists
- Non Contingent
- Days on Market
- 62
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Listing courtesy of Broadsight Realty. Selling Office: .
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