Positioned in Norfolk's established Suburban Acres neighborhood, this duplex presents a compelling blend of immediate income and long-term opportunity. Both units are tenant occupied with leases extending through 07/31/2027 at $1,425.00 monthly rent and 05/31/2027 at $1,325.00 monthly rent, creating reliable revenue from day one. (Photos are of Unit A… Read More only.) Residents enjoy convenient access to Naval Station Norfolk, Old Dominion University, Sentara Leigh Hospital, Norfolk Premium Outlets, Military Circle redevelopment initiatives, and the growing dining and entertainment scene surrounding Granby Street and Downtown Norfolk. Nearby favorites include The Dirty Buffalo, Jessy's Taqueria, Starbucks, Target, and Harris Teeter. The property's side-by-side layout, generous living spaces, and established tenancy offer a practical path for investors seeking stability in a market driven by military, medical, educational, and professional employment sectors. Imagine owning an asset in the center of a city known for commerce, culture, and connectivity while benefiting from consistent cash flow and future appreciation potential. Opportunities for a multifamily property in this location are increasingly limited. Photos Virtually Staged. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT! Read Less
Courtesy of Lea Marie Ngowakl, Atlantic Sothebys Int'l Realty. Office contact: 757-777-9870
Listing Snapshot
Days Online
11
Last Updated
Property Type
Duplex
Square Ft.
2,300
Year Built
1951
MLS Number
10645732
30 Days Snapshot Of 23505
$378k
-16%
(avg) sold price
23
-11%
homes sold
28
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,300 sqft, Built around 1951, Side by Side
Disclosures
Disclosure Statement
Exterior Features
Vinyl
Foundation
Crawl
Water Features
Not Waterfront
Roof
Asphalt Shingle
Sewer
Type: City/County
Taxes
Approximate Tax Amount: $3,966
Utilities
Separate Meters: All, Water Heater Type: Gas, Water Type: City/County
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