$650,000

1812 Freeney AVE, Suffolk, VA 23434

  • 3 beds |
  • 1 bath |
  • 1,166 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $557/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

This investment opportunity involves the acquisition and redevelopment a total of 15 properties to include parcels 050998000 and 051465000 located on the same block in Suffolk, Virginia. The properties present a unique opportunity for coordinated development within an established neighborhood that already has access to roads, utilities, schools, and nearby services. Because the parcels are located together, investors can plan a unified residential development that improves the appearance and value of the entire street. The project would focus on transforming underutilized land into quality housing, such as single-family homes or multi family units, to meet the growing demand in Suffolk. Developing multiple properties in the same location allows for efficient construction, streamlined planning, and consistent design. Redevelopment of these lots will help revitalize the neighborhood, increase property values, and create housing opportunities while generating strong investment potential.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 4:37AM
Listing Office:
1st Class Real Estate Norfolk : 757-439-6016
Listing Agent:
JR Doughty :
MLS ID:
10624092
  • Appliances: None
  • Flooring: Wood
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • General: VinylWood
  • Style: BungalowTraditional
  • Pool: No Pool
  • Parking: Driveway SpcStreet
  • Roofing: Asphalt ShingleMetal
  • General: 1Crawl
  • HOA Amenities: 0.0
  • County: Suffolk VA
  • Zoning: B1
  • Fencing: None
  • Water: City/County
  • Sewer: City/County

This listing courtesy of JR Doughty , 1st Class Real Estate Norfolk

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Booker T. Washington Elementary School

204 Walnut St, Suffolk, VA, 23434

Grades PK-5

0.78 miles away

J

John F. Kennedy Middle School

2325 E Washington St, Suffolk, VA, 23434

Grades 6-8

0.55 miles away

K

King's Fork High School

351 Kings Fork Rd, Suffolk, VA, 23434

Grades 9-12

4.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.