Norfolk VA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- 3.00
- MLS#:
- 10557930
- Subdivision:
- Colonial Place
View additional info
Courtesy: Wainwright Real Estate
757-495-1900
ADDITIONAL INFORMATION
Come see this charming Spanish style home located in the very sought after Colonial Place neighborhood. This duplex is Ideal for rental income or multi-generational living and has been used for both. The upstairs unit features 3 bedrooms and 2.5 baths, while the downstairs unit features 2 bedrooms and 1 bath. The generous living areas are ideal for family gatherings with wonderful sunrooms in each unit. Modern appliances and updated kitchens. Approximately $265K is assumable at a 4.375 interest rate. Flood insurance approximately $600 per year. Exterior stucco painted in 2023, new asphalt roofs (over sunroom and front porch) in 2022, new split unit AC for downstairs unit in 2021, new kitchen floor and appliances in downstairs unit in 2021, new sump pumps installed in 2024. All appliances convey. Greenhouse can stay or be removed. Current rent is $1950 upstairs and $1500 downstairs. Gas and electric metered separately, water combined, tenants pay. Property being sold AS IS.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- 4.00
- MLS#:
- 10557882
- Subdivision:
- Willoughby Beach
View additional info
Courtesy: Judy Boone Realty Inc.
757-587-2800
ADDITIONAL INFORMATION
Unit A is Vacant, nicely remodeled with new electric heat pump, granite, ceramic, new ss appliances, orginal hardwood floors and ready for owner, tenant or possible Airbnb. Unit B is mo/mo rental $1250 mo. Unit C is rented at $1250 mo rent. Unit D recently renovated w $1500 month rent.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 10557619
- Subdivision:
- Ghent
View additional info
Courtesy: BHHS RW Towne Realty
757-422-2200
ADDITIONAL INFORMATION
Welcome to your new sanctuary in Ghent! Whether you're looking for an investment opportunity, in-law suite, or a spacious single-family home, this property offers versatility with 3 levels of living. Unit 2 is ideal for rental income or multigenerational living. This meticulously renovated duplex, offers a perfect blend of historic charm and modern convenience. Boasting 3 bedrooms & 2 baths in each unit, it is a rare find for families, professionals, or investors. You'll be captivated by the timeless craftsmanship & architectural features, with modern amenities for today's discerning buyer. Inside, each unit offers spacious living areas bathed in natural light, gourmet kitchens with new appliances & custom finishes, laundry area, cozy fireplace, as well as peace of mind with new HVAC & mechanical systems. Newly constructed driveway accommodates 4 cars, & no flood insurance required. Enjoy local shopping, dining, entertainment, or take a leisurely trip through the picturesque streets!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- 3.00
- MLS#:
- 10556776
View additional info
Courtesy: CENTURY 21 Nachman Realty
757-638-5700
ADDITIONAL INFORMATION
Rare find! All brick triplex fully rented on corner lot in Colonial Place. Great opportunity for investor or single family conversion conveniently located to local restaurants, shops, groceries and ODU.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1995
- Baths:
- MLS#:
- VANF2000060
- Subdivision:
- Willoughby Beach
ADDITIONAL INFORMATION
Beachfront duplex offers the ultimate Coastal Lifestyle. Walk out your back door and step directly onto the sand. Great for a homeowner or investors. This property provides the opportunity to live in one unit while renting out the other. Unit 1 features a spacious 1st floor with 2 bedrooms/2bath, water view, patio for outdoor entertaining, and a fully equipped 1/1 mother-in-law suite on the 2nd floor with a balcony. Unit 2 is a cozy 1/1 with gorgeous view, outdoor patio and full kitchen. Upgrades include newer roof 2022 & HVAC 2019, new compressor, new hurricane sliding glass door & windows (11 replaced) and a concrete shed for outside storage. Separate meters for water and electric. Potential for Airbnb and or Triplex
$175,000
1529 Vine Street Norfolk, VA 23523
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 10556258
View additional info
Courtesy: Liz Moore & Associates LLC
757-767-0200
ADDITIONAL INFORMATION
Investor Special, sold as-is. Each unit is rented for $975.00. One unit is vacant, while the other is on a month-to-month lease. The current tenant is interested in continuing to rent both units.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- 4.00
- MLS#:
- 10556167
- Subdivision:
- Stockley Gardens
View additional info
Courtesy: Atlantic Sotheby's International Realty
757-777-9870
ADDITIONAL INFORMATION
Planted in the heart of historic Stockley Gardens, this charming Ghent residence exudes timeless elegance and offers a world of possibilities for both investors and those looking to call this unique property home. With over 4000 square feet of living space, this 1905 gem can continue as a triplex, be converted to a spacious duplex with a mother-in-law suite, or even a single-family home with modern comforts. Blooming proudly on a generous corner lot, you will enjoy plenty of room to thrive in this popular iconic neighborhood. Immerse yourself in the tranquil garden setting boasting your own fish pond, where the lush, tree-lined streets frame a lifestyle steeped in history and community. Enjoy a leisurely stroll to nearby restaurants, boutique shops, and local attractions, or spend your weekends exploring the nearby Norfolk Botanical Garden and the vibrant cultural scene of downtown Norfolk, just minutes away. Hurry to schedule a private viewing now before someone else buys YOUR HOME!
$339,000
820 50th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- 2.00
- MLS#:
- 10555556
View additional info
Courtesy: World Class Realty and Associates REALTORS
757-228-7773
ADDITIONAL INFORMATION
Discover this inviting 2-bedroom, 1-bath duplex offering comfortable living. With stylish luxury vinyl plank flooring, the home features a living area that flows into the kitchen, complete with appliances. Both bedrooms are filled with natural light, providing cozy retreats. Enjoy the convenience of in-unit laundry and a shared outdoor space, for relaxing or entertaining. This duplex is a fantastic rental opportunity. Don't miss out'schedule a viewing today!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- 3.00
- MLS#:
- 10555559
View additional info
Courtesy: Redfin Corporation
703-665-6665
ADDITIONAL INFORMATION
Schedule your showing today for this brick upstairs/ downstairs duplex located in the highly desirable Ghent neighborhood. Property is a great investment opportunity and is conveniently located between EVMS, CHKD and Sentara Hospitals and Old Dominion University.
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1984
- Baths:
- 1.00
- MLS#:
- 10555532
- Subdivision:
- Fox Hall
View additional info
Courtesy: World Class Realty and Associates REALTORS
757-228-7773
ADDITIONAL INFORMATION
Great investment opportunity in the heart of Norfolk! Perfect for 1031 exchange or opportunity for passive income producing investment. Units renovated and fully occupied. Close proximity to public transportation, Interstate 64, restaurants, shopping and more.
$200,000
232 W 28th Street Norfolk, VA 23504
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1906
- Baths:
- 4.00
- MLS#:
- 10554983
- Subdivision:
- Park Place
View additional info
Courtesy: COVA Home Realty
757-287-9695
ADDITIONAL INFORMATION
Amazing Investment Opportunity in the heart of Norfolk at Park Place! This spacious property features 2 side by side units joined by a spacious front porch. Both units have 3 bedrooms and 1.5 bathrooms with a total square footage of over 2,700! Convenient to public transportation, the highway, military bases, restaurants, shopping, and more! Don't miss out on this awesome investment opportunity, call to schedule your tour today!!
$315,000
815 48th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- 2.00
- MLS#:
- 10554793
View additional info
Courtesy: READI Real Estate
757-302-1222
ADDITIONAL INFORMATION
Discover your next investment opportunity! This charming 2 bedroom, 1 bath duplex offers endless potential with its prime location and solid structure, it is ideal for investors seeking to add value. Selling AS IS.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1936
- Baths:
- 3.00
- MLS#:
- 10554473
View additional info
Courtesy: Bayview Realty
757-588-3000
ADDITIONAL INFORMATION
Duplex, but are two separate buildings 3000 Overbrook new in 2022 = windows, roof, carpet, kitchen cabinets/granite, hall bath added, full bath remodeled fully, plumbing, refrigerator, electric range, dishwasher, disposal, hardwood floor refinished. 3002 Overbrook 2019 gas pack, 2022 roof, gas range, refrigerator, new windows 2022.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1981
- Baths:
- 4.00
- MLS#:
- 10553681
View additional info
Courtesy: The Agency
757-355-5444
ADDITIONAL INFORMATION
Stunning Quadruplex with Water Views ' Ideal Investment or Home! Welcome to 615 W. Ocean View Avenue, a rare opportunity to own a well-maintained quadruplex in a prime coastal location. Each of the four units offers 2 bedrooms, 1 bath, and 847 square feet of comfortable living space, with spacious decks that provide beautiful water views. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the others, this property is a smart investment. Situated directly across from beach and bay access, you'll enjoy the best of Willoughby/Ocean View living. Don't miss out on this exceptional opportunity'call today for more information!
$324,900
7952 Thompson Road Norfolk, VA 23518
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- 4.00
- MLS#:
- 10553442
View additional info
Courtesy: Praxis Realty Inc
804-282-1877
ADDITIONAL INFORMATION
Great income-producing property. Three bedrooms and one and a half baths in each unit. Half bath attached to the primary bedroom. Recently renovated. Newer roof. Short distance to bases, shopping, and interstates. Owner pays water and sewer, trash. Tenants pay electric.
$2,950,000
831 W Ocean View Avenue Norfolk, VA 23503
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- 3.00
- MLS#:
- 10553510
View additional info
Courtesy: Inlet Realty
757-276-3330
ADDITIONAL INFORMATION
Property well maintained. Great location just across from the beach and backs up to a park on the water. 2 buildings of Garden Style townhomes with a court yard in the middle each unit with its own spacious front porch. All units are approximately 800 sqft. Each unit is 2 bed 1 bath and some 2 bed 1.5 baths. Each unit has washer and dryer in unit and central heat and air. All units hardwood flooring and or LVP flooring through out. Large parking lot. Great community. Near to bases.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- 4.00
- MLS#:
- 10553170
View additional info
Courtesy: Howard Hanna Real Estate Services
757-428-3516
ADDITIONAL INFORMATION
Very desirable Larchmont duplex with larger units! At the edge of the ODU campus. Lower unit includes 3 bedrooms, 2 full baths, kitchen, dining room and living space. Upper unit with 4 bedrooms, 2 full baths, kitchen, dining room and living space. Largest bedroom is the 500 sq ft attic space that was professionally converted to living space with its own HVAC system. This provides a great options for fourth bedroom, extended family living, office, etc. Common laundry room. Huge driveway and lots of off street parking behind the unit. Two car detached garage/shop. This offers a great price per square foot for a duplex in the area. Interior and exterior stairs to upstairs unit. Great for owner occupancy/extended or multi-generational family living. See it now!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1995
- Baths:
- 4.00
- MLS#:
- 10552452
- Subdivision:
- Cottage Line
View additional info
Courtesy: Iron Valley Real Estate Hampton Roads
757-645-9700
ADDITIONAL INFORMATION
Beachfront duplex offers the ultimate Coastal Lifestyle. Walk out your back door and step directly onto the sand. Great for a homeowner or investors. This property provides the opportunity to live in one unit while renting out the other. Unit 1 features a spacious 1st floor with 2 bedrooms/2bath, water view, patio for outdoor entertaining, and a fully equipped 1/1 mother-in-law suite on the 2nd floor with a balcony. Unit 2 is a cozy 1/1 with gorgeous view, outdoor patio and full kitchen. Upgrades include newer roof 2022 & HVAC 2019, new compressor, new hurricane sliding glass door & windows (11 replaced) and a concrete shed for outside storage. Separate meters for water and electric.
$699,900
528 Ashlawn Drive Norfolk, VA 23505
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- 4.00
- MLS#:
- 10551343
View additional info
Courtesy: All Pros Real Estate
757-467-4836
ADDITIONAL INFORMATION
$6000 monthly rent. $72000 annually. Owner pays common area electric and $90.00 a month lawn maintenance. Tenants pay all utilities. Water and electric on separate meters. All 6 units have been remodeled with granite, new cabinets and stainless appliances. Most HVAC units are new. Unit 5 is empty and on lock box please feel free to show.
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- 4.00
- MLS#:
- 10550568
- Subdivision:
- Willoughby
View additional info
Courtesy: Bayview Realty
757-588-3000
ADDITIONAL INFORMATION
Welcome to Moon Bay! This waterfront gem is a meticulously maintained, all-brick 6-unit apartment building, perfectly situated on a sprawling beachfront lot. Each unit is a spacious 1-bedroom apartment, offering comfortable living with ample space. Key features include: 6 Large 1-Bedroom Units, ideal for long-term or short-term rentals. 3 units are currently rented on a month-to-month basis. 3 units have been recently renovated and are fully furnished, ready for immediate short-term rentals. Enjoy stunning views and easy access to the beach, making it an attractive spot for tenants and vacationers alike. Seller will provide a clear termite and moisture letter. Buyer to participate in a 1031 tax exchange with the seller. Owner-Agent
$515,000
1526 W 40th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- 4.00
- MLS#:
- 10550271
View additional info
Courtesy: Judy Reed Realty
757-264-7770
ADDITIONAL INFORMATION
Awesome Opportunity To Own A 4-Plex Next To Old Dominion University Football Stadium And Campus! Rental Income Potential $4500-$5500. Unit 1B Has Just Been Renovated With New Stainless Appliances, New Paint, New Lvp Flooring & New Carpet. Has Newer Heat Pump. Available Now For Rent At $1250. Buyer Can Buy To Live In And Have Units Pay Mortgage! Hurry If Desire To Live In As The Rentals In This Area Go Fast! Unit 1A Was Also Recently Renovated With New Kitchen Appliances, Cabinets, Countertops, LVP Flooring. New Tenant With Lease Til 7/31/2025. Unit 2A Bath Has Recently Been Completely Remodeled And New Heat Pump 10/2023. Great Opportunity For Instant Cash Flow. Near A Bus Line, Restaurants, Shopping, Bases And Schools. Off Street Parking For Up To 4 Cars Which Is Unusual In This Area. Community Laundry Room. Tenants Pay Their Own Utilities. Don't Miss This Chance To Own This 4-Plex Next To ODU!
$439,900
1556 Aspin Street Norfolk, VA 23502
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- 4.00
- MLS#:
- 10549626
View additional info
Courtesy: Broadsight Realty
757-367-5932
ADDITIONAL INFORMATION
Motivated seller. Vacant 4 plex in Norfolk awaiting its new investor to update and rent under their own terms. Each unit has a separate entrance and dedicated meters. Comparable rents in the area are $900-$1,100 a month. Being sold as-is. Easy to show, text agents for more details.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- 2.00
- MLS#:
- 10549465
View additional info
Courtesy: 1st Class Real Estate Flagship
757-995-1301
ADDITIONAL INFORMATION
Enjoy panoramic ocean views from every unit, bringing the serene ambiance of the water right into your home. Each unit has been meticulously renovated with top-of-the-line design features and modern appointments, ensuring both comfort and style. First unit includes a generous 1,342 sq ft, this spacious 2-bedroom, 1-bath residence features ample gathering space for entertaining and making lasting memories. It has endless possibilities of creating a third floor with the spacious standing attic space! The second Unit includes a cozy 410 sq ft, this charming 1-bedroom, 1-bath unit offers an inviting open-concept living room and kitchen, great for relaxed living. Experience a bright and open floor plan with walls of windows and doors that frame the stunning bay views, creating a seamless indoor-outdoor living experience. Whether you're looking for a tranquil getaway, a profitable rental opportunity, or a combination of both, this property caters to various needs and lifestyles.
$600,000
620 Redgate Avenue Norfolk, VA 23507
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- 3.00
- MLS#:
- 10545921
View additional info
Courtesy: Signature Homes
757-716-4141
ADDITIONAL INFORMATION
Extremely rare opportunity to own a triplex located in the heart of Ghent Norfolk! This meticulously maintained triplex offers a perfect blend of historic charm and modern conveniences, making it a standout choice in one of Norfolk's most sought-after neighborhoods. Opportunity to live in a unit while renting out the other two, or choose your own tenant. The opportunities are endless ! With its prime location and some modern updates throughout, this triplex offers excellent rental potential for investors looking to capitalize on the high demand for quality rental properties in Ghent.
$2,800,000
1000 Gates Avenue Norfolk, VA 23507
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1918
- Baths:
- MLS#:
- 10543035
- Subdivision:
- Ghent
View additional info
Courtesy: Inlet Realty
757-276-3330
ADDITIONAL INFORMATION
For sale: a stunning 12-unit, all-brick apartment building in Norfolk's sought-after Ghent neighborhood. This 3-story building includes 3 one-bedroom, 1-bath units; 6 two-bedroom, 1-bath units; and 3 three-bedroom, 2-bath units, generating a total monthly rent of $19,775. The property boasts a 6.2% cap rate and underwent complete renovations in 2018, including new kitchens with granite countertops and high-end cabinetry, new bathrooms, and new electrical and plumbing systems. Each unit features a washer/dryer and mini-split HVAC systems, with tenants paying all utilities. The freshly sealed roof ensures low maintenance. Conveniently located near EVMS and multiple military bases, this fully occupied property is one of the best in Ghent. Don't miss this exceptional investment opportunity.
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Norfolk Real Estate
The median home value in Norfolk, VA is $314,900. This is higher than the county median home value of $256,000. The national median home value is $338,100. The average price of homes sold in Norfolk, VA is $314,900. Approximately 40.06% of Norfolk homes are owned, compared to 51.95% rented, while 7.99% are vacant. Norfolk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norfolk real estate agent to arrange a tour today!
Norfolk, Virginia has a population of 238,556. Norfolk is less family-centric than the surrounding county with 25.35% of the households containing married families with children. The county average for households married with children is 25.35%.
The median household income in Norfolk, Virginia is $56,244. The median household income for the surrounding county is $56,244 compared to the national median of $69,021. The median age of people living in Norfolk is 30.9 years.
Norfolk Weather
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 47.3 inches per year, with 5.1 inches of snow per year.