2412 Chestnut Ave

Newport News
,  
VA
🛏Beds:
🛁Baths:
📐SqFt:
💵Down: $
4500.00
💰Payment: $
1880.00
💲Price: $
221000.00
📅Term:
30.0
years
No items found.
Welcome to 2412 Chestnut Ave in Newport News, Virginia — a massive duplex opportunity priced at $221,000 with owner financing available and just $4,500 down to get started. For the right buyer, this property represents exactly the kind of value-add potential that experienced investors and ambitious owner-occupants are actively seeking in today's Hampton Roads market. Let's be straightforward: this property requires a full rehabilitation. That means you're coming in with vision, a plan, and the willingness to do the work — but in exchange, you're getting a large duplex in one of the most strategically positioned cities in the region at a price that reflects the current condition. Newport News sits at the heart of Hampton Roads, bordered by the James River and home to one of the largest shipbuilding industries in the country. The area supports a strong rental market driven by proximity to military installations, Langley Air Force Base, and a consistent base of working-class and blue-collar households in need of quality housing. A fully rehabbed duplex in this market has real income potential. Whether you're planning to live in one unit and rent the other, or build out a rental portfolio, the two-unit structure gives you flexibility that a single-family home simply doesn't offer. At $1,880 per month with owner financing — no traditional bank qualification required — this deal is structured to get qualified buyers into a significant asset without conventional lending hurdles. The seller does require a list of documents as part of the approval process, so come prepared. If you've been searching for a duplex with upside in the Hampton Roads area, 2412 Chestnut Ave deserves a serious look. The bones are there. The market supports it. Now it needs someone ready to bring it back to life. ---

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2412 Chestnut Ave

Newport News
VA
z

2412 Chestnut Ave

Available

Down Payment: $

4500

Monthly Payment: $
1880

Home Overview

bed icon
bathroom icon
location icon
2412 Chestnut Ave
proce icon
221000

About This Home

Welcome to 2412 Chestnut Ave in Newport News, Virginia — a massive duplex opportunity priced at $221,000 with owner financing available and just $4,500 down to get started. For the right buyer, this property represents exactly the kind of value-add potential that experienced investors and ambitious owner-occupants are actively seeking in today's Hampton Roads market. Let's be straightforward: this property requires a full rehabilitation. That means you're coming in with vision, a plan, and the willingness to do the work — but in exchange, you're getting a large duplex in one of the most strategically positioned cities in the region at a price that reflects the current condition. Newport News sits at the heart of Hampton Roads, bordered by the James River and home to one of the largest shipbuilding industries in the country. The area supports a strong rental market driven by proximity to military installations, Langley Air Force Base, and a consistent base of working-class and blue-collar households in need of quality housing. A fully rehabbed duplex in this market has real income potential. Whether you're planning to live in one unit and rent the other, or build out a rental portfolio, the two-unit structure gives you flexibility that a single-family home simply doesn't offer. At $1,880 per month with owner financing — no traditional bank qualification required — this deal is structured to get qualified buyers into a significant asset without conventional lending hurdles. The seller does require a list of documents as part of the approval process, so come prepared. If you've been searching for a duplex with upside in the Hampton Roads area, 2412 Chestnut Ave deserves a serious look. The bones are there. The market supports it. Now it needs someone ready to bring it back to life. ---

Location & Payment Details

Market:
Virginia
City:
Newport News
Square Foot:
Down Payment: $
4500
Monthly Payment: $
1880
Term (Years):
30
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