Courtesy: Howard Hanna Real Estate Svcs.
757-428-3516
Side-by-side, townhouse style duplex just blocks from the beach on cul-de-sac. Each unit features 2 bedrooms, and 1 bath, with new flooring and tile baths. Well maintained throughout. One unit occupied and the other is vacant and ready! Just minutes from the beaches and local dining! Both units offer stackable washer/dryers, refrigerators, electric stoves, microwaves and dishwashers. Each has a back door leaking to a small private patio. Two dedicated sheds provide extra storage for bikes and beach chairs!
Courtesy: The Bryant Group
757-255-8564
Exceptional income producing property just one block from the beach! This 4-unit apartment building features four 1BR/1BA units, all currently rented with tenants who wish to renew, providing immediate income. Appointment needed for showings. Recent updates include new mini-split HVAC systems in all units (2023), fresh interior paint (2024), new roof (2020), new PVC plumbing, new fencing, and Ring cameras that convey. Units are separately metered for gas and electric with one shared water meter. Units 1, 3, and 4 share a common washer/dryer, while Unit 2 has its own private washer/dryer plus a renovated kitchen with quartz countertops, new cabinets, and appliances (2023). Unit 3 features updated cabinets, countertops, appliances, and LVP flooring. Unit 4 includes a new tiled shower (2024). Bonus common laundry/storage room. Walk to the beach, restaurants, shopping, and public transit.
Courtesy: ONYX Realty Professionals LLC
757-278-3945
Courtesy: RE/MAX Allegiance
757-490-7300
Over/Under duplex on a generous lot, currently enjoyed as a single-family home but easily converted back to true duplex living. This property sits in an established neighborhood with friendly neighbors. With incredible potential at this price point, this home offers flexible options to owner-occupy, rent one unit, or maximize income with two rentals. The location is a standout '?? close to military bases, beaches, interstates, shopping, dining, and entertainment '?? ideal for both everyday convenience and strong rental appeal. The expansive backyard offers excellent outdoor privacy and is ready for your vision: above-ground pool, large deck, multiple sheds, firepit, pergola, and mini-greenhouse all convey AS IS. Whether you imagine gardening, entertaining, or creating a private outdoor retreat, the possibilities are wide open. Don'??t miss this opportunity to make this house your own '?? a rare blend of location, flexibility, and value!
Courtesy: PMI Virginia
757-466-8378
OFFERS being received through 12pm Thursday June 25th.Please send your highest and best. ALL occupied UNIT TOURS scheduled for Tuesday 6/23 3-6 PM and Wednesday 6/24 12-3 PM. EAST BEACH 4 PLEX- updated-Come check out these 3-bedroom, 2 bath apartments located just blocks from the beach in Norfolk! Ceramic tile in the kitchen, carpet in the bedrooms, and luxury vinyl tile in the living area. Good sized bedrooms with large closets! Each unit has -Washer/dryer hookup in a huge utility room. Each unit has Separate water meters. Each unit and Primary ensuite bed/bath, unit has it's own small front porch area and dedicated parking space. Newer roof, hot water, heater and appliances. NEW Electrical panels/breakers. 2 parking spaces per unit. Detailed records and warranty information available. ENERGY EFFICIENT Attic-Blown-in Loose Filled, Owens Corning L77 Insulation. Property sold '??as is'? condition with the exception of clear termite and moisture. Must provide proof of funds or preapproval letter before any in person occupied unit showings. DO NOT KNOCK or DISTURB TENANTS in OCCUPIED units. UNIT 4 is the only vacant unit.
Courtesy: Long & Foster Real Estate Inc.
804-639-4663
Remarkable multifamily opportunity at 1607 E Ocean View Ave, located on a high lot directly across from the Chesapeake Bay with water views from the upstairs apartment. Ideal for owner-occupants or investors, this versatile duplex offers strong income potential in a highly desirable coastal location. The first-floor unit features a spacious 4-bedroom, 2-bath layout with large, airy rooms and high ceilings throughout. The kitchen offers abundant cabinetry, a pantry, and excellent workspace for everyday living. Generously sized bedrooms and well-proportioned living and dining areas provide comfortable functionality. The unit also includes its own washer/dryer hookups for added convenience. The upper level is a separate 1-bedroom apartment with water views, remodeled in 2016, offering a private and well-maintained multifunctional space. Each unit is separately equipped, making this property ideal for dual occupancy or rental income strategies. Extensive updates provide peace of mind, including a new sewer line from house to street (2019), complete electrical rewiring, sealed crawl space, new garbage disposal, Google smart thermostat, new flooring, and updated appliances in Unit 1. Bathrooms feature new toilets, lighting, mirrors, and faucets. A newly installed ADT security system with cameras and door/window sensors enhances security. Exterior highlights include a private backyard and ample off-street parking. The location offers exceptional convenience'??just steps from the Chesapeake Bay, beaches, and coastal recreation, and a short drive to Naval Station Norfolk. Rare opportunity to own a duplex just steps from the bay with income-producing potential and numerous upgrades throughout!
Courtesy: Inlet Realty
757-276-3330
831 W Ocean View Ave in Norfolk offers a rate 16-unit, 2BR/1BA multifamily opportunity featuring true Class A finishes throughout. Investors will appreciate the premium unit quality and strong tenant appeal in the Ocean View submarket, minutes to the beach, dining and major commuter routes. The property has already been converted to condominiums, creating multiple exit strategies--operate as a stabilized rental, execute a phased or bulk condo sell-ff, or pursue a hybrid approach to maximize returns. Offered at a never-before-seen price of $2,550,000, this asset presents an exceptional basis for a high-finish, boutique portfolio addition or 1031 exchange replacement. Request offering memorandum, financials and condo documentation from broker. Tours by appointment only--please do not disturb residents.
Courtesy: Real Broker LLC
855-450-0442
Beautifully renovated duplex in Norfolk's Willoughby Terrace! New flooring throughout, new cabinets, countertops and appliances. This over/under duplex has a large shared backyard. Blocks from the beach, bases and interstate. Great investment opportunity!
Courtesy: CENTURY 21 Nachman Realty
757-638-5700
Solid brick duplex neighbored by single-family homes. 2-bedrooms, 1-bath each unit nestled on a large lot with 2 separate driveways and all utilities metered separately. One unit is currently vacant, ready for an owner-occupant or investor ready to choose their own new tenant, and the second unit has a long-term tenant. Serious inquiries only.
Courtesy: Howard Hanna Real Estate Svcs.
757-428-3516
Excellent investment property located just two blocks from Old Dominion University and one short block from Old Dominion Village, providing convenient access to a variety of shops, restaurants, and local amenities. This duplex is ideally situated to attract student tenants due to its close proximity to campus. The property features two units in an upstairs/downstairs configuration, with each unit offering two bedrooms and one bathroom and all new exterior siding. Both units are currently leased, with one lease operating on a month-to-month basis, offering flexibility for a future owner-occupant or investor.
Courtesy: Iron Valley Real Est Norfolk
757-900-4873
Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 511 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.
Courtesy: Iron Valley Real Est Norfolk
757-900-4873
Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.
Courtesy: Real Broker LLC
855-450-0442
Huge duplex with 3 bedrooms and 2 baths each in Ocean View! These spacious units are 1328 square feet each with private back yards, three blocks to the beach! Updated and move in ready!
Courtesy: LPT Realty LLC
757-217-0900
Fully rented brick duplex on a corner lot at 1052 Hannah St. Excellent opportunity for investors or future owner occupants seeking immediate cash flow with tenants already in place. Conveniently located near multiple military bases, offering strong rental demand and long-term investment potential. Solid brick construction, duplex layout, and prime corner positioning make this a strong addition to any portfolio.
Courtesy: Aweigh Real Estate
757-204-1659
Historic multifamily investment opportunity in the West Ghent neighborhood of Norfolk. Hampton Apartments consists of 16 units in a classic brick garden-style apartment building built in 1923. This 4-story property offers strong rental potential near Downtown Norfolk, EVMS, ODU, Sentara, shopping, dining, entertainment, and major employment centers. Property features off-street parking, separately metered utilities, and a mix of spacious apartment layouts. Convenient access to interstates, military installations, and public transportation further enhances tenant appeal. Excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Norfolk'??s established urban neighborhoods. Portfolio sale opportunity available; call listing agent for details.
Courtesy: Aweigh Real Estate
757-204-1659
Located in the Ghent neighborhood of Norfolk, Newton Hall presents an opportunity to acquire a 12 unit apartment asset in one of Hampton Roads'?? established urban districts. Built in 1925, this brick garden-style apartment community combines historic character with strong investment fundamentals and long-term upside potential. The property consists of 12 residential units across three stories and includes two-bedroom apartments. Conveniently located near Downtown Norfolk, EVMS, Sentara, ODU, military installations, shopping, dining, and entertainment, the property benefits from proximity to major employment, educational, and lifestyle amenities. Investors will appreciate the stability of the asset, potential rental growth opportunities, and the opportunity to own a multifamily property in one of Norfolk'??s established neighborhoods. This offering may also be part of a larger portfolio opportunity. Contact listing agent for additional details.
Courtesy: World Class Realty
757-228-7773
Opportunity especially good for owner occupant. Nice quiet surroundings. Corner lot with huge detached garage.
Courtesy: Iron Valley Real Est Norfolk
757-900-4873
Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.
Courtesy: Almakki Realty Group LLC
757-938-8221
Great opportunity to own a fourplex with strong income potential. Each unit is separately metered, with tenants paying all utilities. The property offers flexibility to live in one unit while renting the others, or lease all four units for maximum cash flow with projected rents around $5,000 per month.Conveniently located near schools, restaurants, and everyday amenities, this property is well positioned for steady rental demand. One unit is currently vacant and available for viewing. Additional units can be shown after ratified contract.Ideal for investors or owner-occupants looking to build long-term wealth and generate consistent income.
Courtesy: Keller Williams Realty Twn Ctr
757-499-5911
Duplex offering 2 bedrooms and 1 full bath per unit. Property includes a detached garage, carport, and partially finished attic, providing additional potential for storage or future use. Currently tenant-occupied. Drive-by showings only'??please respect tenant privacy. Interior access will be granted upon ratification of a contract. Property is being sold strictly as-is, where-is. Seller will make no repairs. Property may not qualify for traditional financing; cash or rehab loan options are preferred.
Courtesy: Signature Homes
757-716-4141
Incredible investment opportunity right in the heart of Ghent! Gorgeous, historic building in an absolutely prime location within one mile of: CHKD, EVMS, Sentara Norfolk General Hospital, the Chrysler Museum, the Harrison Opera House, the Norfolk Scope Arena, and so much more! Current rents totaling $10,815 with room to increase.
Courtesy: Atlantic Sothebys Int'l Realty
757-777-9870
Fantastic investment opportunity! This well-maintained six; 2 bedrooms, 1 bath-units, property offers steady income potential in a prime location. Each unit features spacious layouts and boasts ample parking. Ideal for seasoned investors or those just starting their real estate portfolio. Conveniently located near schools, shopping, and public transportation. Don't miss this chance to own a turnkey multi-family property that generates immediate cash flow!
Courtesy: BHHS RW Towne Realty
757-549-2000
Great investment opportunity. Property is well maintained. Shows owner pride. Nice floor plan. Nice flow. Spacious. Upper and lower level are identical. Freshly painted. New LVP flooring. Lower unit occupied with tenant. Convenient location to schools, bus line, shopping and much more. Must be sold with vacant lot at 116 W. 38th Street, Norfolk, VA 23508. Selling As-Is, seller to make no repairs.
Courtesy: Better Homes & Gdns Ntv Am Grp
757-495-5500
Turnkey investment opportunity with immediate income potential. This under-over Cape Cod is tenant occupied and offers built-in cash flow from day one. The first-floor unit features 2 bedrooms, 1 bath, and approx. 1,000 sqft. while the upstairs unit offers 1 Bedroom and 1 Bath, creating a strong rental setup for investors looking to expand their portfolio. With existing tenants in place, this property offers the advantage of steady income and reduced vacancy concerns. Whether you are a seasoned investor or looking to start building wealth through real estate, this property checks the boxes for value, functionality, and income production. Don'??t miss your chance to add a solid income-producing property to your portfolio. Schedule your showing today and explore the potential this investment has to offer.
Courtesy: Thrive Realty
757-744-3456
Two side by side 4/2s with yards and two side by side 2/1s. Exterior just completely redone with James Hardie Board and Batten and shake in gables. New Simonton windows and new doors. 2 of the kitchens recently completely redone and still doing updates. Rents are target prices once work is completed. at least 6 off street parking spaces and a lot of greenspace for tenants. 1/2 block from recreation center, basket ball courts, playground and Pretty Lake fishing pier and 2 blocks to beach. Cova Brewing, East Beach Square shopping center, and other restaurants within a couple blocks. Incredible location in East Ocean View that will be a great rental portfolio addition or live in one unit and rent the rest.
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Norfolk is located in Virginia. 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.
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.
