316 16th Street, Virginia Beach, VA 23451

Virginia Beach
Local realty services provided by:ERA Real Estate Professionals
316 16th Street,Virginia Beach, VA 23451
$995,000
  • - Beds
  • - Baths
  • 2,946 sq. ft.
  • Multi-family
  • Active
Listed by: carrie copenhaver
Office: iron valley real est norfolk
MLS#:10652121
Source:VA_REIN

Price summary

  • Price:$995,000
  • Price per sq. ft.:$337.75

About this home

Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.

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Home facts

  • Year built:1940
  • Listing ID #:10652121
  • Updated:October 23, 2026 at 09:18 AM

Rooms and interior

  • Living area:2,946 sq. ft.

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Building area:2,946 sq. ft.
  • Construction Materials:Vinyl, Wood
  • Foundation Description:Crawl

Schools

  • High school:First Colonial
  • Middle school:Virginia Beach Middle
  • Elementary school:W.T. Cooke Elementary

Utilities

  • Water:City/County, Water Heater - Electric
  • Sewer:City/County

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$337.75
  • Tax amount:$5,788
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