Norfolk VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1940
Baths:
4.00
MLS#:
10559008

ADDITIONAL INFORMATION

FOUR-PLEX IN EAST OCEAN VIEW ON 14TH BAY ST. PERFECT FOR SHORT TERM OR LONG TERM RENTALS. You can drive by but do not disturb tenants, Call for more details.

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1939
Baths:
4.00
MLS#:
10558858

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:
NEW LISTING
Beds:
n/a
Year built:
1962
Baths:
2.00
MLS#:
10558841
Subdivision:
Bayview South

ADDITIONAL INFORMATION

All brick duplex only 3 blocks to Chesapeake Bay! Super location that is NOT in a flood zone. Nice investment property, or live in one side & rent out the other. Take a look!

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1984
Baths:
MLS#:
10558548

ADDITIONAL INFORMATION

Investor's Dream! This brick duplex is an excellent opportunity to add a strong, income-generating property to your portfolio. Located at 2510 Arkansas Ave in Norfolk, VA, this duplex offers two well-designed units'each featuring 2 bedrooms, a full bath, a large living room, an eat-in kitchen with washer and dryer hookups, and separate driveways with designated parking spaces. One of the units is currently occupied, providing immediate rental income, while the other is ready for leasing or owner occupancy. Conveniently located near shipyards, major interstates, and local amenities, this property appeals to a variety of renters. Don't miss this chance to invest in a property with solid income potential in a desirable location. Schedule a showing today to see how this duplex can enhance your portfolio!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1939
Baths:
3.00
MLS#:
10557930
Subdivision:
Colonial Place

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:
Active
Beds:
n/a
Year built:
1925
Baths:
4.00
MLS#:
10557882
Subdivision:
Willoughby Beach

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:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
10557619
Subdivision:
Ghent

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

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

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
2.00
MLS#:
10556258

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:
1955
Baths:
2.00
MLS#:
10555556

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

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

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1906
Baths:
4.00
MLS#:
10554983
Subdivision:
Park Place

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!!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
2.00
MLS#:
10554793

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

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

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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
4.00
MLS#:
10553442

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.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
3.00
MLS#:
10553510

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

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

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.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
4.00
MLS#:
10551343

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

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

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1905
Baths:
4.00
MLS#:
10550271

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!

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
4.00
MLS#:
10549626

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.

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Norfolk Real Estate

The median home value in Norfolk, VA is $308,950. 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 $308,950. 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.

Norfolk Real Estate Market Conditions

  • Median sales price

    $308,950
    12.2% change since last quarter
  • # Active listings

    623
    30-day change

Norfolk Schools and Demographics

Education near Norfolk, VA

Metric City County
High School Graduates 88.86 88.86
College Degree - 2 year 8.68 8.68
College Degree - 4 year 31.8 31.8
Graduate Degree 8.86 8.86
Expenditures per Student 12,905 12,905
Students per Teacher 13.5 13.5

Elementary Schools near Norfolk, VA

School Grades Students P/T Ratio ZIP
Bay View Elementary School PK - 05 734 16 23503
Berkley/Campostella Early Childhood Center PK - PK 159 13.3 23523
Camp Allen Elementary School PK - 05 449 16 23504
Campostella Elementary School PK - 05 675 14.5 23504
Chesterfield Academy Elementary PK - 05 501 15.7 23504
Coleman Place Elementary School PK - 05 745 15.1 23513
Crossroads School PK - 08 937 13.9 23505
Easton Preschool PK - PK 175 6.4 23502
Fairlawn Elementary School 03 - 05 298 13.6 23502
Ghent School KG - 08 513 12.8 23517
Granby Elementary School PK - 05 670 16.9 23505
Ingleside Elementary School PK - 05 550 16.1 23502
Jacox Elementary School PK - 05 683 14 23504
James Monroe Elementary School PK - 05 445 13.3 23508
Larchmont Elementary School PK - 05 606 17.7 23508
Larrymore Elementary School PK - 05 598 15 23518
Lindenwood Elementary School PK - 05 417 11.9 23504
Little Creek Elementary School PK - 05 815 14.4 23518
Mary Calcott Elementary School PK - 05 500 14.3 23503
Norview Elementary School PK - 05 487 14.8 23513
Ocean View Elementary School PK - 05 593 15.7 23503
Oceanair Elementary School PK - 05 553 15.9 23503
P.B. Young SR. Elementary PK - 02 550 15.2 23510
Poplar Halls Elementary School PK - 02 366 14.8 23502
Richard Bowling Elementary School PK - 05 521 15.7 23504
Sewells Point Elementary School PK - 05 627 15.5 23505
Sherwood Forest Elementary School PK - 05 614 15.5 23513
St. Helena Elementary PK - 05 345 13.9 23523
Suburban Park Elementary School PK - 05 502 14.2 23505
Tanners Creek Elementary School PK - 05 659 15.5 23513
Tarrallton Elementary School PK - 05 432 14.6 23518
Tidewater Park Elementary School 03 - 05 274 11.8 23504
Walter Herron Taylor Elementary PK - 05 417 15.6 23507
Willard Model Elementary School PK - 05 598 14 23509
Willoughby Elementary School PK - 05 204 9.9 23503

Middle Schools near Norfolk, VA

School Grades Students P/T Ratio ZIP
Azalea Middle School 06 - 08 1,038 13.9 23518
Blair Middle School 06 - 08 1,400 13.6 23517
Lafayette-Winona Middle School 06 - 08 688 10.8 23509
Lake Taylor Middle School 06 - 08 903 12.3 23502
Northside Middle School 06 - 08 821 12 23503
Norview Middle School 06 - 08 1,206 12.7 23513
Ruffner Middle School 06 - 08 791 10.2 23504

High Schools near Norfolk, VA

School Grades Students P/T Ratio ZIP
Booker T. Washington High 09 - 13 1,133 10.1 23504
Granby High School 09 - 13 2,015 14.9 23505
Lake Taylor High School 09 - 13 1,280 11.9 23502
Maury High School 09 - 13 1,590 13.6 23517
Norview High School 09 - 13 1,901 14.9 23513

Ungraded Schools near Norfolk, VA

School Grades Students P/T Ratio ZIP
Academy for Discovery At Lakewood UG - UG 0 23509
Gov. School for the Arts UG - UG 0 23510
Madison Alternative UG - UG 0 23508
Norfolk Alternative High UG - UG 0 23505
Norfolk Alternative Middle UG - UG 0 23508
Norfolk Re-Ed UG - UG 0 23513
Norfolk Technical Center UG - UG 0 23502
Southeastern Coop Ed PGM UG - UG 0 23502
The Academy of International Studies At Rosemont UG - UG 0 23513
Tidewater Regional Alternative Ed Project UG - UG 0 23502
Traep - Norfolk UG - UG 0 23513

Demographics near Norfolk, VA

Metric City County
Neighborhood Type
Population 238,556 238,556
Population Density 4,478 4,478
Median Age 30.9 30.9
People per Household 2.3 2.3
Median Household Income 56,244 56,244
Average Income per Capita 32,811 32,811