Unique investment and business opportunity set on 3 private

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Acreage For Sale

12910 John Clayton Memorial Hwy

North, Virginia 23128

Mathews County

Community: 

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$425,000 2.970 acres

Unique investment and business opportunity set on 3 private acres with multiple income streams already in place. This versatile property features a duplex with two rental units-a 2-bedroom unit on the first floor and a studio apartment on the second-both recently remodeled inside, offering turnkey residential income or owner-occupancy with supplemental rent. The property also includes a separate shop building with its own address, septic system, and established rental income. The shop offers flexibility for a wide range of business uses, making it an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income. A shared well services both the duplex and shop. Additional features include a detached garage building, providing ample storage or workspace. With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup. Being sold as-is, offering strong upside potential for the right buyer, with potential to achieve approximately a 10% gross ROI based on current rental performance.

  • Lot Size: 2.970 acre
  • Lot Dimensions: 
  • View Types: 
  • MLS #: 202600616
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Contact Information:
Beach Acreage For Sale in North, Virginia
Listing Agent: Lisa Atkins, Iron Valley Real Estate Hampton Roads, 804-832-0974, 757-645-9700 Listing Site, Listing Status: Active
Copyright © 2026 Chesapeake Bay & Rivers Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7592311
Viewed 22 times.
Updated: Apr 16, 2026

This property is a Acreage located at 12910 John Clayton Memorial Hwy, North, Virginia 23128, and is currently For Sale at $425,000.