Norfolk VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
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:
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:
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:
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:
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:
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:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
2.00
MLS#:
10540026
Subdivision:
Larchmont

ADDITIONAL INFORMATION

HUGE REDUCTION- WANT TO SELL QUICKLY! Great cash flowing duplex in highly desirable Larchmont! Each unit features 2 bedrooms, kitchen, dining room, living room, and full bath. Large walk up attic boasts generous storage space, and common laundry is located conveniently in utility room at rear of the property. Driveway can accommodate up to 4 vehicles, in addition to the detached two car garage. Unit 1 hardwood flooring refinished, Unit 2 new carpet, new entry foyer flooring, new carpet at common stairs, and fully repainted interior. Don't miss this opportunity to add a strong performer to your portfolio! No flood insurance required. Home warranty has been prepaid until 1/8/2027 and transfers with property. Many upgrades have been done in recent years. Check out this gem before it is gone! Seller also owns MLS # 10540033(1408 Monterey Ave.) and MLS#10541735(2037 E. Ocean View) willing to do a package deal for the right buyer

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1934
Baths:
2.00
MLS#:
10540033
Subdivision:
Larchmont

ADDITIONAL INFORMATION

Beautifully maintained all brick duplex with side-by-side units and 2 car detached garage in sought after Larchmont. Fabulous, refinished hardwood floors. Both units have been totally remodeled and maintained well. Pride in ownership. Remodeled kitchens and baths. Walk-in laundry room with no coin operated washer & dryer shared by both units. All utility meters separated. Seller pays no utilities. Unit #1 has perm staircase to unfinished attic. Plenty of room for storage. No flood insurance required. Good cash flow and steady income. Tenants require 48 hours' notice to show. There is also a Home Warranty that is prepaid until 1/8/2027 that transfers with property. Unit #2 lease ends 8/31/2024, so a good property to live on one side and rent out the other side, VA & FHA buyers will love this option! Seller also owns MLS # 10540026(1326 Monterey Ave.) and MLS#10541735,(2037 E. Ocean View) willing to do a package deal for the right buyer.

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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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Norfolk Real Estate

The median home value in Norfolk, VA is $271,500. 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 $271,500. 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 23508 has a population of 238,556. Norfolk 23508 is more family-centric than the surrounding county with 26.78% 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 23508 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 23508 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

    N/A
  • # Active listings

    59
    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
Campostella Elementary School PK - 05 675 14.5 23504
Coleman Place Elementary School PK - 05 745 15.1 23513
Crossroads School PK - 08 937 13.9 23505
Ghent School KG - 08 513 12.8 23517
Granby Elementary School PK - 05 670 16.9 23505
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
Little Creek Elementary School PK - 05 815 14.4 23518
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
Sewells Point Elementary School PK - 05 627 15.5 23505
Sherwood Forest Elementary School PK - 05 614 15.5 23513
Suburban Park Elementary School PK - 05 502 14.2 23505
Tanners Creek Elementary School PK - 05 659 15.5 23513
Walter Herron Taylor Elementary PK - 05 417 15.6 23507
Willard Model Elementary School PK - 05 598 14 23509

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
Madison Alternative UG - UG 0 23508
Norfolk Alternative High UG - UG 0 23505
Norfolk Alternative Middle UG - UG 0 23508
Norfolk Technical Center UG - UG 0 23502
The Academy of International Studies At Rosemont UG - UG 0 23513

Demographics near Norfolk, VA 23508

Metric Zip Code City
Neighborhood Type Inner City
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