About This Home

This 0-bedroom, 0-bathroom single family at 315 15th Street in Virginia Beach, VA is listed for $1,250,000. Built in 1961, on a N/A lot.

Key Features

  • Built in 1961

Property Details

1961
Listing Description

Own a piece of Virginia Beach's Beach Borough where coastal convenience meets consistent income potential. This six-unit property features approximately 713-square-foot one-bedroom residences designed for simple, low-maintenance living, with five units are currently leased, generating strong income with a projected market rent surpassing $6,100 monthly.

The location keeps tenants connected to the energy of the Virginia Beach Oceanfront, with the Boardwalk, Atlantic Fun Park, ViBe Creative District, local dining, coffee shops, boutiques, and beachside entertainment nearby. Java Surf and the restaurants around Rudee Inlet add local flavor, while quick access to I-264 supports an easy connection to the broader Hampton Roads region.

For an investor, this is the kind of address that blends rental demand, recognizable location, and long-term versatility. For residents, it means salt-air mornings, lively weekends, and everyday essentials within easy reach. Hurry to schedule a private viewing now before someone else buys YOUR NEW INVESTMENT!

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

315 15th Street

Virginia Beach, VA 23451

BEACH BOROUGH

Property Details

Heating

Electric (Heating)

Cooling

Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom single family at 315 15th Street is listed at $1,250,000. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1961.

This property is listed by Lea Marie Ngowakl.

LN

Lea Marie Ngowakl

Agent at Atlantic Sotheby's International Realty

Listed by Atlantic Sotheby's International Realty · Broker phone: (757) 340-5555 · View on Broker Site · Broker website

MLS# 10650879· Source: Real Estate Information Network, Inc.· 64 days on PropertySimple

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

315 15th Street, Virginia Beach, VA 23451

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