Norfolk VA Multi Family for Sale
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- 7.00
- MLS#:
- 10564639
View additional info
Courtesy: Neptune Associates
757-470-6666
ADDITIONAL INFORMATION
4 Units renovated and fully rented. Great cash flow!! Each unit is 2 br., 1 bth. 2 units have washer/dryer hookups. Currently fully rented. DO NOT disturb tenants. Showings to be done once under contract with notice to the tenants. All units managed through mgmt. company. Fully renovated in 2024 to include new bathrooms, kitchens, flooring, and appliances. Great location near bases, beaches, Ocean View Beach Park, and Ocean View Golf Course.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1934
- Baths:
- 5.00
- MLS#:
- 10565067
- Subdivision:
- COLONIAL PLACE
View additional info
Courtesy: Rodney Fentress Real Estate LLC
757-296-6000
ADDITIONAL INFORMATION
Great location and great rental income potential.
$325,000
819 W 48th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- 2.00
- MLS#:
- 10564616
View additional info
Courtesy: BHHS RW Towne Realty
757-217-4200
ADDITIONAL INFORMATION
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1989
- Baths:
- 14.00
- MLS#:
- 10564561
View additional info
Courtesy: CENTURY 21 Nachman Realty
757-480-2121
ADDITIONAL INFORMATION
Duplex with tenants
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- 12.00
- MLS#:
- 10564112
- Subdivision:
- SUBURBAN ACRES
View additional info
Courtesy: CENTURY 21 Nachman Realty
757-833-8400
ADDITIONAL INFORMATION
$525,000
1526 W 40th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- 9.00
- MLS#:
- 10564163
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 back door onto deck! New tenant ..lease ends 11/30/25.Rent $1195... Unit 1A Was Also Recently Renovated With New Kitchen Appliances, Cabinets, Countertops, LVP Flooring.New tenant ..lease ends 11/30/25...Rent $995...Unit 2A...Vacant and Being Renovated ...Bath Has Recently Been Remodeled..Heat Pump 10/2023.Unit 2B...month to month tenant..Rent $1094.50 Great Opportunity For Instant Cash Flow. Near A Bus Line, Restaurants, Shopping, Bases And Schools. On Site parking Spaces.. For Up To 4 Cars Which Is Unusual In This Area. Community Laundry Room. Tenants Pay Their Own Utilities. Owner Pays House Meter. Don'??t Miss This Chance To Own This 4-Plex Next To ODU!
$290,000
2584 Ruffin Way Norfolk, VA 23504
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1913
- Baths:
- 10.00
- MLS#:
- 10564017
View additional info
Courtesy: ONYX Realty Professionals LLC
757-278-3945
ADDITIONAL INFORMATION
This beautifully renovated over/under duplex is a prime investment opportunity! Each unit features 2 spacious bedrooms, 1 full bath, a full kitchen, and in-unit laundry. With its move-in ready condition and excellent income potential, this property is a must-see. Schedule your showing today!
$575,000
717 Maury Avenue Norfolk, VA 23517
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1918
- Baths:
- 20.00
- MLS#:
- 10563845
View additional info
Courtesy: Howard Hanna Real Estate Services
757-625-2580
ADDITIONAL INFORMATION
Updated duplex great for owner occupant or investor. Two rental units w/stable tenants who wish to remain. 1st-flr unit is 2 BR/2 Baths w/1475 sq ft of updated space. Current rent is $1850/mon. Unit feat. cozy LR w/gas FP, DR, laundry, sunroom & off-street parking. Updated eat-in kit. has wall of windows, SS appl. incl. dishwasher, shaker & glass cabinets. Two spacious BRs have large ensuite baths, one has been updated w/floor to ceiling tile, frameless shower enclosure, new plumbing & lighting fixtures, & new vanity w/quartz counters. Upper unit incl. floors 2 & 3 is 2027 sq ft & currently rents for $2100/mon. Floor 2 feat. a spacious LR, DR, kitchen, den/office, 2 spacious BRs, full bath, & screened balcony/sunroom. Floor 3 feat. 2 addl. BRs, full bath w/laundry & closet/storage area. Addl. feat. incl. hardwood floors, plantation shutters, new heat pump, new water heater, large front porch, back patio & fenced backyard, all w/shared access by both tenants. No flood insurance req.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- 9.00
- MLS#:
- 10563823
View additional info
Courtesy: 1st Class Real Estate Flagship
757-995-1301
ADDITIONAL INFORMATION
Investor Opportunity! This fully occupied duplex at 6342 Alexander Street in Norfolk, VA, is ready to generate immediate rental income. A fantastic addition to any portfolio, this property offers steady cash flow and long-term investment potential. Conveniently located near shopping, dining, and major highways, this duplex provides tenants with easy access to everyday essentials. Both units are leased, making it a turnkey investment for seasoned and new investors alike. Don'??t miss this chance to own a fully rented property in a high-demand rental area. Schedule your showing today and take the next step toward growing your real estate investments!
$350,000
816 50th Street Norfolk, VA 23508
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- 7.00
- MLS#:
- 10562162
View additional info
Courtesy: Howard Hanna Real Estate Services
757-625-2580
ADDITIONAL INFORMATION
This triplex is a prime investment, offering strong rental income currently bringing in $3075/month. The property includes a 4-bedroom, 1-bath main unit (1,200 sq. ft.) with central heat/air, in-unit washer/dryer; currently rented for $1,200/month with potential for an increase. The second unit is a 1-bedroom, 1-bath apartment (600 sq. ft.) featuring a mini-split AC, window unit, fridge, and gas range, currently rented for $925/month under a renewed lease. The third unit, a unique garage conversion, offers 1-bedroom, 1-bath, in-unit washer/dryer, and 480 sq. ft. (plus a loft) with updated features, also rented under a renewed lease, renting for $900/month. Additional updates include a new roof in 2021 & newer windows in the main house and garage units.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- 10.00
- MLS#:
- 10562968
View additional info
Courtesy: Long & Foster Real Estate Inc.
757-467-0200
ADDITIONAL INFORMATION
Four unit Wards Corner Area apartment building. Two downstairs units with 2 bedrooms and one bath. Upstairs unit with 2 bedrooms and one bath. Side exterior unit efficiency apartment with kitchen and bath. Full sized office space on first floor. Can also be sold as an ALL IN PRICE of $1,320,000 if sold with 209, 211 and 217 W Little Creek Road
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- 6.00
- MLS#:
- 10562966
View additional info
Courtesy: Long & Foster Real Estate Inc.
757-467-0200
ADDITIONAL INFORMATION
Three unit Wards Corner area apartment building. Two over/under apartments with two bedroom and one bath with front door common area access. Side exterior unit efficiency apartment with kitchen and bath. Can also be sold as an ALL IN PRICE of $1,320,000 if sold with 209, 215 and 217 W Little Creek Road
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1943
- Baths:
- 5.00
- MLS#:
- 10562961
View additional info
Courtesy: Long & Foster Real Estate Inc.
757-467-0200
ADDITIONAL INFORMATION
Wards Corner area triplex with lot and detached garage. Front unit has full sized kitchen, 2 full bedrooms and bonus room for third bedroom. Upstairs unit with kitchen, living room and bath. Rear efficiency unit. Can also be sold as an ALL IN PRICE of $1,320,000 if sold with 211, 215 and 217 W Little Creek Rd
$360,000
204 N Shore Road Norfolk, VA 23505
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- 7.00
- MLS#:
- 10562479
View additional info
Courtesy: Keller Williams Town Center
757-499-5911
ADDITIONAL INFORMATION
Great investment opportunity to own this triplex in Ward's Corner! This investment allows you to live in one of the units while renting out the other two OR allows you to rent out all three! Flooring was updated in the downstairs unit. This triplex allows you to put your own touch on things with a bit of updating throughout. One unit is currently being rented out! There's also an inground pool and a 1 car garage with plenty of driveway space. Not too far from Naval Station Norfolk, downtown Norfolk, and the interstate. Don't miss out on this fantastic opportunity!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- 4.00
- MLS#:
- 10562345
View additional info
Courtesy: Atlantic Sotheby's International Realty
757-777-9870
ADDITIONAL INFORMATION
Welcome to 1417 W Little Creek Rd, an exceptional over-under duplex in Norfolk, offering versatility and convenience. This property features a durable brick and vinyl exterior and is ideally located near the shipyard and Norfolk Naval Station. Each unit offers spacious living with large living rooms, dedicated dining areas, and recently remodeled bathrooms. The first-floor unit showcases beautiful hardwood floors, while the second-floor unit boasts modern LVP flooring. Laundry facilities are included in both units for added convenience. Enjoy ample parking at the rear of the duplex, a rare find in the area. Whether you're looking to live in one unit and rent the other or seeking a strong addition to your investment portfolio, this property is a fantastic opportunity. Don't miss your chance to own a versatile duplex in a prime location!
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- 9.00
- MLS#:
- 10560495
View additional info
Courtesy: Rock Steady Group
757-538-7500
ADDITIONAL INFORMATION
Nice quadplex on a corner lot with large green space, plus a detached 1-car garage. Unit A: rent is $1050, current lease is through 11/30/2025. Unit B: rent is $1000, current lease is month to month. Both A & B are newly vacant, and both were previously rented at $1050. Units are metered separately and tenants pay all utilities -- only exception is water for Unit B which is also tied to the garage -- owner currently pays. All units are 2 bedroom, 1 bath. Some misc updates to include newer water heater, (some) fresh paint, newer fridge and more. Ample street parking.
$330,000
2508 Barre Street Norfolk, VA 23504
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 10560478
View additional info
Courtesy: Realty Space LLC
757-912-5451
ADDITIONAL INFORMATION
Discover this unique and versatile home, originally a duplex but now transformed into a spacious 6-bedroom single-family residence. Currently functioning as a rooming house, this property offers a flexible layout perfect for various needs. The first floor features two cozy bedrooms and a shared bathroom, along with a functional kitchen and a welcoming living room, ideal for relaxation or entertaining. Upstairs, the second floor boasts four additional bedrooms, another shared bathroom, and a convenient laundry room. The property also includes a large attic, perfect for bonus storage or potential additional space to customize to your liking. Outdoor living is a highlight, with three porches providing charming spaces to enjoy fresh air and community connection. Whether you'??re seeking an income-generating opportunity or a spacious residence for a large family, this home offers endless possibilities!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1899
- Baths:
- 7.00
- MLS#:
- 10560100
- Subdivision:
- HUNTERSVILLE
View additional info
Courtesy: Champion Realty & Management
757-557-0027
ADDITIONAL INFORMATION
Side by side duplex, separately metered, fully rented, opportunity for savvy investor.
$239,900
1349 Shanks Street Norfolk, VA 23504
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- 4.00
- MLS#:
- 10559888
View additional info
Courtesy: 1st Class Real Estate Flagship
757-995-1301
ADDITIONAL INFORMATION
This charming duplex features a 2-bedroom, 1-bath unit ready to move into or lease downstairs and a 1 bedroom 1 bathrooms unit upstairs currently rented. Great investment or house hack! Recent updates include the Roof, HVAC in 2022. Electric panel ,water heater in 2024. Located near EVMS, Colley Ave, ODU, NSU, NOB, Ghent, and downtown breweries, this property offers convenience and vibrant city living. Don'??t miss out on this fantastic opportunity! Schedule your tour today!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- 8.00
- MLS#:
- 10558858
View additional info
Courtesy: Fit Realty
757-986-6312
ADDITIONAL INFORMATION
Solid brick, one story, 4 unit apartment bldg in Lafayette Res Park. Newer electric panel boxes, replacement windows and water heaters. This unit is perfect for an owner occupant. Let the tenants pay your mortgage!. A great investment opportunity! Each unit is renting at $850.00 per month. Centrally located from downtown Norfolk, ODU, EVMS, Norfolk Int'l Airport, Chesapeake Bay Beaches, NOB/NAS & Interstate 64 access.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- 6.00
- MLS#:
- 10557882
- Subdivision:
- WILLOUGHBY BEACH
View additional info
Courtesy: Judy Boone Realty Inc.
757-587-2800
ADDITIONAL INFORMATION
Waterview quad-plex built in 1925 with four 900sqft units. Unit A is Vacant, call agent for cbs code. Unit A is recently remodeled with new electric heat pump, granite, ceramic and original hardwood floors. Ready for owner, tenant or possible STR or Airbnb. Located across from the Chesapeake Bay, Pier, Sarah Constant Park full of beautiful water oaks and natural dunes and neighboring Wiloughby Elementary School and rec area. A hidden gem just off interstate and modes of public transportation. Call Agent for rent details.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- 20.00
- 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:
- 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
$145,000
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:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1984
- Baths:
- 3.00
- 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.
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Norfolk Real Estate
The median home value in Norfolk, VA is $307,905. 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 $307,905. 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.