427 Freeman Ave, Chesapeake, VA 23324
Property image
Property image
FOR SALE

$95,000

    427 Freeman Ave, Chesapeake, VA 23324

    South Norfolk
    Est. Mortgage $648/mo*
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    Home Highlights

    Lot/Land

    Local Information

    • Map ViewExplore the area around 427 Freeman Ave.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Prime opportunity in Chesapeake’s South Norfolk/Money Point area! This property is zoned M-2 (Heavy Industrial), offering excellent potential for commercial or industrial use. The parcel is approx. 3,572 sq ft and well-situated with convenient access to major thoroughfares, ports, and interstates.Onsite is a 2-bedroom, 1-bath home (approx. 1,016 sq ft) that can provide immediate rental income, office space, or temporary use while future plans are developed. The structure is a bonus, but the true value lies in the land and its versatile zoning, making this a rare find for investors, business owners, or developers seeking expansion opportunities.Capitalize on a location with strong growth, flexible uses, and multiple options for maximizing value.
    Last check for updates: about 15 hours ago
    Listing courtesy of Robert Rogers
    Real Broker LLC, (757) 520-0565
    Source: REIN Inc., MLS#10607003

    Home Details for 427 Freeman Ave

    Interior Features

    Gas & Electric
    No Electric on Property
    View
    No View

    Exterior Features

    Exterior Home Features
    Fencing: Partial, FencedOther Structures: Residence
    Frontage
    Waterfront: Not WaterfrontRoad Frontage: City / CountyRoad Surface Type: PavedNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer
    Farm & Range
    Frontage Length: 30Not Allowed to Raise Horses

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Is Habitable Residence
    Property Information
    Usage of Home: Commercial, Industrial

    Price & Status

    Price
    List Price: $95,000
    Status Change & Dates
    Possession Timing: Settlement

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: ChesapeakeCommunity: Money Point
    School Information
    Elementary School: George W. Carver IntermediateJr High / Middle School: Oscar Smith MiddleHigh School: Oscar Smith

    Agent Information

    Listing Agent
    Listing ID: 10607003

    Lot Information

    Lot Area: 3484.8 sqft

    Offer

    Contingencies: Non Contingent

    Miscellaneous

    Mls Number: 10607003

    Around this home

    Neighborhood Overview

    South Norfolk
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    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.
    • Johnny Guzman
      "They are friendly and respectful"
      0
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    • Seekhym
      "Commute is great. Many access points to various surrounding cities. You can be in Suffolk, Virginia Beach, or Newport News in about twenty minutes and to Norfolk in about ten."
      1
      Flag
    • Hellomayann
      "I used to live in this area and I could say that it is safe. The only thing that might bother you, is if you live close by the train tracks, train can be noisy and most of the time, ambulance & cop cars pass by portlock road."
      0
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    • Shirleecamaquin
      "Nice sometimes quiet. Area is about a 10-15 driving distance from a lot of places. Nice community. Beautiful Victorian houses."
      1
      Flag
    • C. Deane
      "There are many schools in the neighborhood, for various age ranges. The area around Freeman Ave is very quiet, and subdued. It's a very nice place to live. "
      3
      Flag
    • Trulia User
      "We have neighborhood activities. We have soup kitchens for those in need. We have recreational centers. We have a neighborhood library. We have little businesses with amazing food and shops to buy things in"
      0
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    • Trulia User
      "I've lived here for 9 years. Had two children grow up here from babies. We ride bikes and skateboards throughout the neighborhood. Everyone is friendly, if you are social- the neighborhood folks help one another out."
      3
      Flag
    • Trulia User
      "I love south Norfolk I’ve lived here most of my life and the neighbors are like family and there’s little to no violence! Great schools as well! Great playgrounds! Pet friendly! All around great neighborhood! "
      1
      Flag
    • Trulia User
      "it's a loving,caring community that looks out for each other and helps build ppl up not tear each other down "
      0
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    • Trulia User
      "Everyone in South Norfolk treat each other like family, so helpful and caring. Kids play outside, public transportation is available. Stores and public places near by, nice parks for kids. Lived in South Norfolk all my life. "
      1
      Flag
    • Trulia User
      "Our neighbors are friendly we do s’mores nights with the kids and rent bounce houses and have cookouts."
      0
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    • Lord U. A.
      "There are some great people in this neighborhood from different cultures and backgrounds who all treat one another neighborly."
      3
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    • Michael H.
      "plenty families and children in area.. streets are not well lit at night.. elementary schools are great and oscar smith high is good.. "
      6
      Flag
    • Jianna P.
      "its not super close to the interstate but its just a couple blocks. "
      2
      Flag
    • Eric V.
      "Some do. I see others walking their dogs down the street daily. I don’t have to worry about it because my yard is so large. "
      3
      Flag
    • Eric V.
      "Not a good place to raise kids. Schools are biases and only a handful of teacher actually care about their job as a teacher. "
      6
      Flag
    • Luniquesutton
      "I actually drive around. I do see public transportation here in South Norfolk. I grew up in this town and I've always loved it. It's my home."
      2
      Flag
    • Tara K.
      "i love the swimming pool and sidewalks to run by the canal on. The dog park is great too. There’s also a neighborhood watch."
      13
      Flag
    • Chili
      "back yards are large enough for pets. Chesapeake City park is great. People are usallt friendly towards pets and kids playing outdoors."
      2
      Flag
    • Lisa
      "People walk their dogs pretty often and it’s usually quiet. Lots of squirrels running around to entertain you and your pets. "
      0
      Flag
    • Lexi
      "This is not a great school zone. The neighbors are friendly and mostly considerate of one another. The neighborhood is conveniently located."
      2
      Flag
    • Catherine E.
      " I love animal lovers animals outside being walked played with by owners like to have a dog park so you could walk your dogs are they can play "
      0
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    • Jhakeem H.
      "I used to live in this area, 4 years. I can’t complain very nice community. I would recommend this area to anyone."
      12
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    • Jess S.
      "Was a little worried when I first moved into south Norfolk but I have really enjoyed the neighborhood so far. I feel comfortable walking my dog, there is a nice park near by, and my neighbor is so nice and friendly. There is a neighborhood watch group which makes me feel at ease but I have had zero problems or have felt uncomfortable even walking my dog at night. Street lights could be better but not bad. There is a dollar general within walking if I need something quick and the library is VERY nice. I like it here!"
      0
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    • Cheyenne r.
      "A great neighborhood. A lot of foot traffic but very friendly ! I would recommend this neighborhood to anyone considering it!"
      0
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    • Mdblowe
      "I’ve live in this neighborhood for years and it continues to be a loving home for my family and I. We feel warm and safe having created a home here. "
      9
      Flag
    • Shemeka D.
      "It's becoming more up and modern. Cleaning up the streets. More of an older crowd lives in the area. Love the older homes look on the outside but open living space on the inside. I believe the schools could be better but they are pretty decent. "
      14
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    • Vaqarrie20
      "I lived in the neighborhood for 2 years and the folks are awesome people to live near. The traffic isn’t bad at all, and it’s a safe neighborhood."
      4
      Flag
    • Jorell H.
      "I love this neighborhood, I know almost my entire block. everyone is very friendly and they all have barbeques all the time. we are all very close, and being that I am in the military its hard to say goodbye, however gotta stay on the move. beautiful homes inside and out! your family would love it here too! "
      7
      Flag

    Market trends in South Norfolk

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $323K
    $5.17K    MoM
    Sale-to-List Price
    —
    Price per sq ft
    $192
    $3    MoM
    Available listings
    85
    4    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    1128 Victory Blvd, Portsmouth, VA
    1.26
    Lot/Land
    $60,000
    08/26/26
    -
    -
    4421 George Washington Hwy, Portsmouth, VA
    1.95
    Lot/Land
    $27,500
    08/10/26
    -
    -
    921 Michael Dr, Chesapeake, VA
    1.67
    Lot/Land
    $150,000
    04/28/26
    -
    -
    9 Irwin St, Portsmouth, VA
    1.47
    Lot/Land
    $43,000
    08/25/26
    -
    -
    5004 Bainbridge Blvd, Chesapeake, VA
    1.91
    Lot/Land
    $22,000
    06/08/26
    -
    -
    813 Mullen Rd, Chesapeake, VA
    2.27
    Lot/Land
    $75,000
    04/17/26
    -
    -
    832 Oklahoma Dr, Chesapeake, VA
    2.20
    Lot/Land
    $169,900
    05/05/26
    -
    -

    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
    900 Godwin Avenue, Chesapeake, VA 23324
    0.49
    $378,000
    3
    2.5
    1,850
    Off Market
    4336 Whitfield Ln, Chesapeake, VA 23324
    0.49
    $350,000
    3
    2.5
    2,534
    Recently Sold
    4335 Whitfield Ln #A, Chesapeake, VA 23324
    0.50
    $375,000
    4
    3.5
    2,334
    Recently Sold
    602 Brickell Chase, Chesapeake, VA 23324
    0.51
    $355,000
    3
    2.5
    2,120
    Recently Sold
    914 Godwin Ave, Chesapeake, VA 23324
    0.53
    $387,100
    4
    2.5
    1,900
    Off Market
    647 Muddy Creek Rd, Chesapeake, VA 23324
    0.53
    $315,000
    2
    2.5
    1,570
    Recently Sold
    607 Muddy Creek Rd, Chesapeake, VA 23324
    0.53
    $335,000
    3
    3.5
    1,570
    Recently Sold
    608 Muddy Creek Rd, Chesapeake, VA 23324
    0.53
    $341,000
    3
    2.5
    1,765
    Recently Sold
    619 Muddy Creek Rd, Chesapeake, VA 23324
    0.55
    -
    3
    2.5
    1,765
    Off Market
    4376 Pickney Ln, Chesapeake, VA 23324
    0.56
    $339,900
    3
    2.5
    1,577
    For Sale
    605 Gendron St, Chesapeake, VA 23324
    0.56
    $334,400
    3
    3
    1,760
    Off Market

    Price and Tax history

    YearProperty taxTax assessment
    2025
    $745
    $73,800
    Home facts updated by county records

    LGBTQ Local Legal Protections

    Robert Rogers, Real Broker LLC, (757) 520-0565
    The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-09-16 14:24:34 PDT
    Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
    This application does not include information on all of the properties available for sale at this time.
    Some or all of the listings (or Listing Data) represented in this application have been enhanced with information not provided by REIN. Such enhancements may include information obtained from Zillow Inc. and other third-party or publicly available sources and are not part of the Listing Data provided by REIN.

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    Frequently asked questions about 427 Freeman Ave

    • How big is 427 Freeman Ave?
      427 Freeman Ave in Chesapeake, VA is about 0.08 acres (3,485 sq ft).
    • What is the price per acre for 427 Freeman Ave?
      427 Freeman Ave in Chesapeake, VA is listed at $95,000, or about $1.2M per acre.
    • What do residents say about the South Norfolk neighborhood?
      Residents describe the South Norfolk neighborhood in Chesapeake, VA as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in South Norfolk, Chesapeake.
    • What are the closest schools to 427 Freeman Ave?
      The closest schools to 427 Freeman Ave in Chesapeake, VA are George W. Carver Intermediate School (Elementary, rated 2/10), Oscar F. Smith High School (rated 3/10), Oscar Smith Middle School (rated 4/10).
    427 Freeman Ave, Chesapeake, VA 23324 is a lot/land. 427 Freeman Ave is located in South Norfolk, Chesapeake. This property is currently available for sale and was listed by REIN Inc. on Oct 21, 2025. The MLS # for this home is MLS# 10607003.