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!
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.
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 23513 has a population of 238,556. Norfolk 23513 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 23513 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 23513 is 30.9 years.
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.