Courtesy: BHHS RW Towne Realty
757-217-4200
Wonderful investment opportunity in Willoughby convenient to I-64, restaurants and Ocean View beach. Both units rented. Both units have been upgraded with granite countertops and stainless appliances in the kitchen & wood flooring in the main living areas. Upstairs unit has a private balcony. Downstairs unit has private patio. Large front yard and fenced back yard. Off street parking will accommodate at least 4 cars.
Courtesy: BHHS RW Towne Realty
757-217-4200
Charming and versatile 3-bed/2-bath duplex in the heart of Highland Park-perfect as an investment or a blank canvas for new owners to make their own. Both levels offer spacious, light-filled layouts with open kitchens, bar seating, in-unit laundry, 2 sizable bedrooms, and a primary bedroom with en-suite bath. Unit B features modern vinyl plank flooring, and both units enjoy private deck access plus their own driveway and separate water/electric meters. Just minutes from ODU + vibrant Colley Avenue restaurants, breweries, + entertainment. Roof replaced Oct 2025; HVAC: Unit A (2016), Unit B (2014). Downstairs is vacant and easy to show; upstairs leased at $1,475/mo through 5/31/26. Appliances convey as-is; no flood insurance required. Virtual tour reflects almost identical layouts; upstairs access after ratified contract. Some photos virtually staged.
Courtesy: CENTURY 21 Nachman Realty
757-480-2121
This updated duplex offers the perfect blend of comfort and investment potential. Originally renovated in 2020 by the previous owner, this property has seen even more recent upgrades. The current owner has installed stylish new LVP flooring in the upstairs Unit B, while the downstairs unit features brand-new carpet and a new HVAC system for year-round comfort. Each unit has its own shed in the backyard for additional storage, sold as is, along with a shared wooden playset that also conveys as is. The owner has expanded the lot by purchasing the neighboring parcel, providing extra space and added value. Don't miss this great opportunity - come take a look before it's gone!
Courtesy: Inlet Realty
757-276-3330
2500 Leo Street is a rare opportunity to acquire a 24-unit multifamily asset in Norfolk with true value-add upside and plenty of '??meat on the bone.'? The property consists of twenty-four (24) two-bedroom, one-bath apartments, an attractive and highly rentable unit mix for the local tenant base. Current operations leave room for a new owner to reposition the asset through targeted renovations, improved management, and strategic rent increases to better align with market rates. Investors will appreciate the straightforward layout, consistent floorplans, and the ability to add value through interior upgrades, utility optimization, and enhanced resident amenities. With scale in a single location and strong demand for well-located two-bedroom rentals in Norfolk, 2500 Leo Street is ideal for both regional and out-of-area investors seeking stable cash flow today with meaningful upside over time. This is a solid value-add multifamily play ready for its next owner to take it to the next level
Courtesy: Inlet Realty
757-276-3330
Fully occupied brick building featuring ten 2-bedroom, 1-bath units in a convenient Norfolk location. Current monthly rents total $11,520, providing strong in-place cash flow from day one with room for long-term upside through strategic rent increases and value-add improvements. Simple, efficient floor plans appeal to residents and help control turnover. Off-street parking and easy access to major roads, schools, and employment centers make this a consistently desirable rental property. A great chance to add a stable, income-producing asset to your portfolio.
Courtesy: Own Real Estate LLC
757-354-4080
Beautiful turn-of-the-century duplex in Historic Ghent, just one block from Downtown and the Chrysler Museum. The upstairs unit features 1 bedroom, 1 bath, 900 sq ft, a spacious eat-in kitchen, and a private rooftop patio. The downstairs unit offers 2 bedrooms, 2 baths, 1,300 sq ft, and a large den with a cozy fireplace. Perfect opportunity for an owner-occupant looking to house hack and offset the mortgage with rental income. Don'??t miss this rare chance to live in the heart of Ghent.
Courtesy: Inlet Realty
757-276-3330
Fully rented four-unit building in a strong Norfolk rental area, with all units featuring 2 bedrooms and a total monthly rent roll of $4,260. Clean, functional layouts appeal to long-term residents and keep turnover low, while the 2BR floor plans remain in high demand. This property delivers solid, in-place income from day one with upside over time through targeted rent increases and value-add improvements. Conveniently located near major roads, bases, shipyards, and employment centers, 1314 Reservoir Ave is a great opportunity to scale your portfolio with an efficient, easy-to-manage multifamily asset. Please do not disturb tenants under any circumstances.
Courtesy: Iron Valley Real Estate HR
757-645-9700
Fully furnished and already operating as a mid-term rental, this 4-unit Ocean View quadplex (three 1-bed/1-bath units and one 2-bed/1-bath) is great for house hacking or for an investor. Units B and C are currently rented, each unit has its own washer/dryer, and the building features brand-new exterior decks and a 2024 roof. Just steps to the beach and near the Ocean View Fishing Pier, you'??re about 6.5 miles to Norfolk Naval Base, roughly 7 miles to Little Creek, and around 22 miles across the HRBT to Langley.
Courtesy: Southerland Real Estate Inc.
757-288-8680
Strategically positioned near the Chesapeake Bay, this side-by-side duplex presents a compelling acquisition for investors seeking both stability and upside. Built on a slab foundation and featuring a roof approximately 12 years old, the property offers a solid structural baseline for long-term portfolio growth. Both front units include desirable features'??such as in-unit washer and dryer, tiled kitchens, and wood-laminate flooring'??supporting strong demand and minimal turnover. At the rear of the property sits a 300 sq. ft. structure ideal for conversion into an ADU, creating an immediate value-add pathway and a significant boost to overall asset performance once completed. The property'??s large lot, partial waterfront views, and proximity to key amenities position it well for future appreciation and expanded development options. Investors will appreciate the versatility, scalability, and multiple income-stream configurations this asset can support.
Courtesy: Inlet Realty
757-276-3330
Fully rented duplex with total monthly rents of $2,130, offering immediate, in-place cash flow for your portfolio. Each unit features a practical layout and comfortable living space, making it easy to lease and manage. Located in an established neighborhood with convenient access to interstates, shipyards, bases, and major employment centers, this property benefits from strong, consistent rental demand. A straightforward, low-maintenance opportunity for investors looking to add a solid cash-flowing asset in the Hampton Roads market. Please do not disturb residents.
Courtesy: Inlet Realty
757-276-3330
Fully rented Norfolk duplex with total monthly rents of $2,450, offering immediate cash flow from day one. The property features a 3-bedroom unit and a 1-bedroom unit, providing a balanced mix of rental options and strong appeal to a wider tenant base. Functional layouts and an in-demand location help keep vacancies low and tenants in place. Conveniently located near major roads, employment centers, and amenities, this property is a great fit for investors looking to add a stable, income-producing asset to their Norfolk portfolio. Please do not disturb the residents under any circumstances.
Courtesy: NextHome SLH Real Estate Group
757-435-4385
Well-Maintained Duplex in Norfolk! Fantastic opportunity for investors or owner-occupants alike. This duplex features two spacious 2-bedroom, 1-bath units, both thoughtfully renovated in 2021 for a fresh, low-maintenance living experience. Currently occupied by long-term tenants who wish to remain, the property provides immediate rental income and excellent tenant stability. For buyers looking to live in one unit, it'??s a great way to offset your mortgage and build equity while collecting rent from the other. Conveniently located near shopping, dining, military bases, and major roadways, this property combines comfort, convenience, and income potential in one smart investment.
Courtesy: Exit Realty Professionals
757-425-6060
Back on market no fault of seller. Was clear to close but Buyer got cold feet. Clear termite moisture, ready to go. Attractive, updated over under duplex on corner lot with detached garage less than a mile to Naval Station Norfolk in Pamlico. This sets up great for buy and hold investor or a savvy buyer who can occupy the first floor and collect rents from occupied 2nd floor unit. 1st floor completely remodeled including new kitchen and bath, all flooring, fixtures. Newer roof, siding, windows, HVAC for both units. Gas heat both units on separate gas meters. Nice fenced yard and private screened patios for each unit. Owner pays water/sewer/trash. Shared gas water heater in utility room with washer and dryer. Gas for water heater and electric for laundry gets billed to 1st floor unit. Fireplaces to convey as is, not in use, no known issues. Close to the beach, golf, dining and retail. Rare opportunity to build longterm wealth.
Courtesy: Keller Williams Realty Twn Ctr
757-499-5911
This meticulously renovated corner lot duplex is practically new & ready for new ownership! 2 units, each with 2 bedrooms and 1 bathroom. Newly updated roof, windows, kitchens & appliances, bathrooms, baseboard heaters, water heaters, and refinished hard wood floors. Water & electric metered separately. Property also features a dedicated storage room, separate laundry room (exterior access only), and attached 1-car garage! All appliances will convey. Close to local universities, EVMS, CHKD, military installations, local transit & so much more. This one won'??t last long!
Courtesy: Better Homes & Gdns Ntv Am Grp
757-495-5500
Fantastic duplex opportunity in Norfolk! The first-floor unit offers 3 bedrooms and 1 bath, while the upstairs unit includes 4 bedrooms and 1 bath. Both apartments feature spacious layouts, natural light, and comfortable living areas. Great for investors seeking strong rental potential or buyers who want to live in one unit and rent the other. Conveniently located near Downtown Norfolk, Ghent, ODU, the naval base, shopping, and restaurants, this property offers flexibility, income potential, and long-term value. Please share the 3D True Immersive Virtual tours with your client. It is non branded!
Courtesy: Real Broker LLC
855-450-0442
Discover this versatile over/under style duplex located in the vibrant Park Place neighborhood of Norfolk. Whether you're an investor seeking your next opportunity or a homeowner looking to live in one unit and rent the other, this property offers flexibility. Both units at share a welcoming front porch and entryway, while still maintaining their own distinct spaces. The first-floor unit boasts a private back porch and access to a fenced-in backyard. The second-floor unit features its own covered back balcony, offering a peaceful retreat to enjoy morning coffee or evening breezes. Each unit is separately metered and equipped with individual electrical panels, HVAC systems, and hot water heaters. Currently vacant, this property is a blank canvas ready for your vision '?? whether it's rental income, multi-generational living, or a smart renovation project. Don't miss this rare opportunity in a rapidly developing area '?? schedule your showing today and explore all its potential!
Courtesy: KW Coastal Virginia Chesapeake
757-361-0106
Investor special, cash or conventional Only! Duplex built in 1915 featuring two units'??one 3BR/1BA and one 2BR/1BA. Property sold strictly as-is, where-is with seller to make no repairs. Great potential for income-producing investment or rehab project. Convenient location with solid structure and layout ready for updates and vision.
Courtesy: Coastal Group Inc.
757-720-2463
Prime 5-Unit Investment Opportunity Near the Beach! Just blocks from the beautiful Ocean View shoreline, this income-producing property offers strong rental potential and future upside. Each of the five units features 1 bedroom and 1 bath, with approximately 600 sq. ft. of single-level living, great for easy maintenance and tenant convenience. Every unit includes HVAC for year-round comfort with heating and cooling. With just a small rehab, this property becomes a true value-add gem for any savvy investor looking to expand their portfolio in one of Norfolk'??s fastest-growing coastal communities. Don'??t miss this chance to own a multi-unit property steps from the beach with endless income potential!
Courtesy: Coastal Group Inc.
757-720-2463
Your House Hacking Dream Starts Here! Imagine living one block from the bay and generating passive income right from your own property! This four-unit property is the perfect house-hacking opportunity, with the power to transform your financial future. Each of the 4 units is investor-ready. Featuring spacious 3-bedroom, 2-bathroom layout w/ desirable open great room and adjacent kitchen, plus convenient utility closet. Choose this property and qualify for Owner-Occupant Financing (VA, FHA, or Conventional), allowing you to move into one unit while your tenants in the other three units cover most, if not all, of your mortgage. Stop renting, start building equity, and launch your real estate portfolio. One block from the Chesapeake Bay, with a dedicated beach dune crossover on this street. Private Balconies face the Bay with views. Karla's Beach House, Jessy's Taquerias, and East Beach Bar + Grill are within 2 blocks. Bayview Park w/ seasonal Farmers Market, 8 blocks up Pleasant Ave.
Courtesy: Inlet Realty
757-276-3330
Ocean View duplex investment opportunity! Minutes from bases and beaches. Fully rented and generating $19,500 annually with low expenses and professional management. Great for investors seeking an income-producing asset with '??meat left on the bone'?. New roof in 2020. All utilities individually metered. Long term tenants in both units. Opportunity for forcing equity by renovating at turnover. Renovated units next door renting for $1,200+. DO NOT DISTURB TENANTS '?? exterior showings only.
Courtesy: Inlet Realty
757-276-3330
Ocean View duplex investment opportunity! Minutes from bases and beaches. Fully rented and generating $29,400 annually with low expenses and professional management. Perfect for investors seeking a hassle-free, income-producing asset. New roof in 2020. Unit 1 renovated in 2022, new HVAC, new appliances, including W/D and water heater, LVP flooring, and shaker style cabinets with quartz countertops. Unit 2 renovated in 2023, new HVAC, new appliances, including W/D and water heater, LVP flooring, and shaker style cabinets with quartz countertops. DO NOT DISTURB TENANTS-exterior showings only.
Courtesy: Signature Homes
757-716-4141
Check out this four-unit property on a quarter-acre lot, featuring serene water views from the front porch of Unit 2. Great for a savvy investor or an owner-occupant looking to house hack! The front entrance from LaSalle Avenue opens to a shared foyer with interior access to all units and mailboxes. Three units feature 2 bedrooms and 1 bath, each with market rents around $1,400. Two units are currently rented to long-term residents. The fourth unit is vacant and offers 3 bedrooms and 1 bath, with a market rent of around $1,800. Owner pays about $200/month for water and trash (option to be billed back to residents), while gas and electric are separately metered and paid by tenants. Major updates include a new roof (2021) with a 50-year warranty and new windows (2023) with a 20-year warranty. New floors in unit 4, and recent bathroom updates throughout. Flood insurance is approximately $900 per year. A smart choice for those seeking reliable cash flow and long-term potential.
Courtesy: Real Broker LLC
855-450-0442
Investment opportunity in a 10-unit brick apartment building. Recent updates include new roofs installed in 2025 along with additional improvements throughout the property. Situated on a corner lot, the building offers convenient on-site parking for residents. Currently fully occupied, this property provides strong rental income and long-term potential. A great option for those looking to expand or begin their investment portfolio.
Courtesy: Iron Valley Real Estate HR
757-645-9700
Courtesy: 1st Class Real Estate Flagship
757-995-1301
Right in the heart of Norfolk where your investment goals can be reached! This unique property is over 2,000sf & multi-zoned for commercial, residential AND multi-family! This property is already bareboned and ready for you to renovate to your liking with apartments on top of your business or you can create a great duplex layout. Immediate access to public transportation routes and surrounded by established homes and businesses. Needs full renovation. Time to roll up those sleeves and make this property into that perfect investment you've been searching for! Priced to sell fast!
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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.
