$248,000
- 3 Beds
- 2 Baths
- 1,536 sqft
1237 Commerce Ave, Chesapeake, VA 23324
Est. Refi. Payment $1,604/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 3, 2003 for $509,605
Home Value
Trulia Estimate
$248KSince last month
Decreased$4K (-1.7%)Since last year
Decreased$10K (-4%)Since last sale
Decreased$262K (-51.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +85% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $248K |
| September 2026 | $248K |
| August 2026 | $252K |
| July 2026 | $265K |
| June 2026 | $272K |
| May 2026 | $265K |
| April 2026 | $256K |
| March 2026 | $257K |
| February 2026 | $256K |
| January 2026 | $254K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $464,900 | 04/22/26 | 6 | 4 | 2,830 | |
0.33 | Multi-Family Home | $395,000 | 06/18/26 | 10 | 2.5 | 3,177 | |
0.09 | Multi-Family Home | $280,000 | 01/14/26 | 6 | 2 | 1,710 | |
0.14 | Multi-Family Home | $250,000 | 11/06/25 | 5 | 2 | 1,996 | |
0.37 | Multi-Family Home | $259,900 | 07/16/26 | 4 | 2 | 1,790 | |
0.27 | Multi-Family Home | $215,500 | 08/21/26 | 4 | 2 | 2,345 | |
0.80 | Multi-Family Home | $295,000 | 09/01/26 | 4 | 2 | 1,798 | |
0.09 | Multi-Family Home | $430,000 | 03/20/26 | 8 | 4 | 3,100 | |
0.78 | Multi-Family Home | $321,600 | 12/23/25 | 6 | 4 | 2,498 | |
0.76 | Multi-Family Home | $40,000 | 08/14/26 | 5 | 2 | 2,000 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $174,000 | 2 | 1 | 900 | Off Market | |
0.01 | $272,800 | 3 | 2 | 1,512 | Off Market | |
0.02 | $387,700 | 4 | 2.5 | 2,000 | Off Market | |
0.02 | $218,800 | 3 | 1 | 966 | Off Market | |
0.02 | $180,300 | 2 | 1 | 882 | Off Market | |
0.03 | $385,500 | 5 | 3 | 2,235 | Off Market | |
0.03 | $358,300 | 4 | 3 | 1,988 | Off Market | |
0.03 | $404,800 | 5 | 3 | 2,200 | Off Market | |
0.03 | $319,700 | 3 | 3 | 1,551 | Off Market | |
0.03 | $231,600 | 3 | 1 | 1,378 | Off Market | |
0.03 | - | 1 | 1 | 581 | Off Market | |
0.04 | $294,300 | 3 | 2.5 | 1,500 | Off Market | |
0.04 | - | Studio | - | - | Off Market | |
0.04 | $322,600 | 3 | 1 | 808 | Off Market | |
0.04 | - | 3 | 1 | - | Off Market | |
0.04 | $162,400 | 2 | 1 | 650 | Off Market | |
0.04 | $352,400 | 3 | 2.5 | 1,900 | Off Market | |
0.04 | $351,600 | 3 | 2.5 | 1,900 | Off Market | |
0.04 | $340,000 | 4 | 3 | 1,760 | Recently Sold | |
0.04 | $253,000 | 3 | 2 | 1,020 | Off Market |
Local Information
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Home Highlights
Multi-Family
Built in 1952
1,536 sqft
$161/sqft
Garage
About this House
This multi-family home is located at 1237 Commerce Ave, Chesapeake, VA. 1237 Commerce Ave is in the South Norfolk neighborhood in Chesapeake, VA and in ZIP code 23324. This property has 3 bedrooms, 2 bathrooms and approximately 1,536 sqft of floor space. This property has a lot size of 5924 sqft and was built in 1952.
1237 Commerce Ave, Chesapeake, VA 23324 is a 3 bedroom, 2 bathroom, 1,536 sqft multi-family in South Norfolk, built in 1952. It last sold for $509,605 on Dec 3, 2003. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $248,000, with a rent estimate of $1,914/month.
Home Details for 1237 Commerce Ave
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Heating & Cooling Heating: WallHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 8 |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Concrete Block |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 5924 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 3, 2003 Source: N/A | Sold | $509,605 |
Mar 19, 1999 Source: N/A | Sold | $51,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,130 | $210,900 |
Home facts updated by county records
Market trends in South Norfolk
Last updated August 2026
Avg. sale price
$323K
$5.17KMoM
Sale-to-List Price
โ
Price per sq ft
$192
$3MoM
Available listings
85
4MoM
Around this home
What Locals Say about South Norfolk
At least 226 Trulia users voted on each feature.
88 % Say car is needed
84 % Say yards are well-kept
78 % Say it's dog friendly
77 % Say kids play outside
75 % Say parking is easy
71 % Say there's holiday spirit
62 % Say there are sidewalks
57 % Say streets are well-lit
55 % Say it's quiet
52 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
48 % Say people would walk alone at night
48 % Say it's walkable to grocery stores
34 % Say there's wildlife
33 % Say it's walkable to restaurants
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1237 Commerce Ave
- What is 1237 Commerce Ave estimated to be worth?Trulia's estimated value for 1237 Commerce Ave in Chesapeake, VA is $248,000.
- What is the price history for 1237 Commerce Ave?1237 Commerce Ave in Chesapeake, VA last sold for $509,605 in December 2003.
- Is Chesapeake a buyer's or seller's market?Chesapeake is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chesapeake?The median sale price in Chesapeake is $323K. That is down $5.17K from the prior month.