Norfolk VA Multi Family for Sale
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 10554435
View additional info
Courtesy: Creed Realty
757-502-4070
ADDITIONAL INFORMATION
8 units on a large corner lot in Ocean View 2 blocks from beach access with dedicated parking. 4 units on each side. Downstairs is gutted and rough in complete. Upstairs units have been mostly completed with higher end finishes to include Pella Impervia Black Fiberglass windows, quartz counters, tiled in showers and gas stoves. All units are large 1 bed and 1 bath with minisplit systems. Huge fenced in back yard that can be utilized for common area entertainment area and additional storage. Separately metered gas and electric. Water paid by owner. All plumbing, mechanical, electrical, and building permits are up to date. Listing agent has estimate to complete rehab. Preferred cash or commercial line of credit. Target rents of $1300/mo. Can provide rental comps if needed.
$314,900
7952 Thompson Road Norfolk, VA 23518
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- 20.00
- MLS#:
- 10553442
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Courtesy: Praxis Realty Inc
804-282-1877
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.
$495,000
618 Redgate Avenue Norfolk, VA 23507
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- 5.00
- MLS#:
- 10527025
View additional info
Courtesy: Keller Williams Town Center
757-499-5911
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.
$2,400,000
9628 10th Bay Street Norfolk, VA 23518
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1988
- Baths:
- MLS#:
- 10523202
View additional info
Courtesy: Keller Williams Town Center
757-499-5911
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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Norfolk Real Estate
The median home value in Norfolk, VA is $310,000. 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 $310,000. 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.