About This Home

This 1-bedroom, 1-bathroom single family at 2002 Wakefield Avenue in Colonial Heights, VA is listed for $135,000 ($194 per sqft). Built in 1947, the home offers 696 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1947
  • 0.17 acre lot

Property Details

1 story
1 full
1947

Amenities

A/C
Listing Description

Investors, bring your vision to 2002 Wakefield Avenue in Colonial Heights, a compact 2-bedroom, 1-bath renovation opportunity with a manageable 696-square-foot footprint. Whether the goal is a resale renovation, long-term rental, or addition to an investment portfolio, this home offers a practical scale for buyers who know how to maximize every square foot.

From the street, the single-level design provides a straightforward canvas with vinyl siding, replacement windows, and a covered entry. Inside, natural light reaches the living areas and bedrooms, while the existing wood-look flooring provides a starting point for the renovation plan.

The efficiently arranged kitchen allows an investor to focus improvements on cabinetry, counters, appliances, lighting, and finishes. The full bathroom offers another clear value-add opportunity through updated fixtures, surfaces, lighting, and storage.

A coordinated renovation of the kitchen, bathroom, paint, flooring, and interior details could transform this property into a polished home without the material demands of a larger project. For a flip, it offers the chance to create an appealing option for buyers seeking affordability and single-level living.

For a rental strategy, the two-bedroom configuration provides flexibility for a guest room, roommate, or dedicated home office. The home needs renovation and should be evaluated carefully, but its vinyl exterior, replacement windows, efficient floor plan, and existing kitchen and bath provide useful ingredients for a well-planned transformation.

Buyers should complete their own inspections, repair estimates, rental analysis, resale analysis, and due diligence. If you have been searching for a Colonial Heights investment property with a clear value-add story, 2002 Wakefield Avenue deserves a closer look. Bring your contractor, renovation budget, and design plan-and decide whether your best path is to renovate, resell, or hold for income.

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

2002 Wakefield Avenue

Colonial Heights, VA 23834

A B Cook Farm

Property Details

Flooring

Vinyl

Construction

Frame VinylSiding

Heating

Natural Gas

Cooling

Wall Unit(s)

Questions & Answers

This 1-bedroom, 1-bathroom single family at 2002 Wakefield Avenue is listed at $135,000 ($194/sqft). The estimated monthly payment is $722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.17 acre lot.

This property is listed by Mike Hogan.

MH

Mike Hogan

License 0225093823

Agent at The Hogan Group Real Estate

Listed by The Hogan Group Real Estate · Broker phone: (804) 503-0811 · View on Broker Site · Broker website

MLS# 2628912· Source: Central Virginia Regional Multiple Listing Service· 4 days on PropertySimple

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2002 Wakefield Avenue, Colonial Heights, VA 23834

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