Norfolk VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1952
Baths:
5.00
MLS#:
10541735
Subdivision:
Bayview Beach

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY IN BAYVIEW BEACH SECTION OF OCEAN VIEW! This Triplex has three apartments seemingly disguised as a beautiful and sizable single-family home. Each unit is metered separately for all utilities. All currently occupied with good tenants, within minutes of both Norfolk Naval Base and JEB Little Creek. With two - one-bedroom apartments on first floor and one three-bedroom, 3 bath apartment on the 2nd floor. As a plus, there are four off-street designated parking spaces at the rear of the property. Separate bonus building behind property, houses laundry appliances for Apt 1 & 2. Manicured yards for outdoor activities, while enjoying life at the beach. Property has been well maintained and always occupied. Good Tenants! Good income! Prepaid home warranty until 1/8/2027 transferable to buyer! Seller also owns MLS # 10540033(1408 Monterey Ave.) and MLS#10540026 (1326 Monterey Ave.) willing to do a package deal for the right buyer.

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.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
10534711

ADDITIONAL INFORMATION

Attention Investors! Come and see this one first! This Norfolk 6-plex is currently fully occupied and we have done a ton of work over the last few years. A new roof, new window A/C units, baseboard heaters, fresh exterior paint, multiple units have been remodeled (pictures reflect the remodeled units), and much more. Lots of potential here for investors!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
2.00
MLS#:
10533403

ADDITIONAL INFORMATION

All units are in good, livable condition. Great opportunity for investors. Near the interstate, military bases, and shopping and only a couple blocks from the beach. LOTS of additional potential.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1933
Baths:
3.00
MLS#:
10529094

ADDITIONAL INFORMATION

GREAT DEAL ON AN INCREDIBLE CENTRALLY LOCATED BEACH DUPLEX IN OCEAN VIEW! SO MANY OPTIONS WITH THIS PERFECTLY LOCATED MONEY MAKER! SEPARATE ELECTRIC METERS! REAR 2BR UNIT VACANT WITH SOME UPDATES & FRONT 2BR UNIT VACANT & READY FOR RENOVATION. LARGE FRONT 2/2 UNIT ALSO HAS 2 SPACES FOR POTENTIAL 3RD BEDROOM (OFFICE WITH ATTACHED FULL BATH AND/OR LAUNDRY ROOM AREA). OR POTENTIAL FOR TRIPLEX CONVERSION - BUYER TO VERIFY WITH CITY IF THIS IS POSSIBLE. EACH UNIT HAS ITS OWN SEPARATE AND FULLY FENCED YARD! FIRE HYDRANT RIGHT OUTSIDE PROPERTY FOR LOWER INSURANCE! NOT IN A FLOOD ZONE! SELLER IS CONTRACT OWNER! SELLING STRICTLY AS-IS! TERMITE AND MOISTURE LETTER IS NOT CLEAR AND SELLER WILL NOT DO ANY REPAIRS. NOTE THAT BACK UNIT PICTURES ARE FROM BEFORE RECENT TENANT MOVE OUT! WOWZER IN YOUR BROWSER!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1908
Baths:
4.00
MLS#:
10527025

ADDITIONAL INFORMATION

Great opportunity for investors looking in Ghent! All four units are occupied and will be available to view once under contract. Convenient location to ODU, Naval Bases, and Hospitals as well as numerous restaurants and shops. There is even an on-site laundry facility. You don't want to miss out on this! Seller to make no repairs.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1988
Baths:
MLS#:
10523202

ADDITIONAL INFORMATION

Incredible investment opportunity! Two buildings, sixteen units - 15 units are two bedrooms/one bathroom and one unit is a studio. Updates include stainless steel appliances, LVP flooring, granite countertops. There's a maintenance garage, and laundry room. Located steps from the beach, minutes from the Naval Base, shopping, and the interstate, in an area ripe with new construction. Please respect tenants. Offers require proof of funds or pre-approval. Don't miss out - contact the agent today!

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26–33 of 33 properties displayed
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 $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.

Norfolk Real Estate Market Conditions

  • Median sales price

    $314,900
    12.2% change since last quarter
  • # Active listings

    629
    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