500 Virginian DR, Norfolk, VA 23505
Jon Hartz
Jon Hartz

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+1(757) 816-4777

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$ 300,000

$ 300,000

Est. payment | /mo

2,300 SqFt

$ 300,000

$ 300,000

Est. payment | /mo

2,300 SqFt

Key Details

Sold Price $300,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $130

Subdivision Suburban Acres

MLS Listing ID 10645732

Sold Date 09/02/26

Style Side by Side

HOA Y/N No

Year Built 1951

Annual Tax Amount $3,966

Lot Size 2300.000 Acres

Property Sub-Type Duplex

Property Description

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 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!

Location

State VA

County Norfolk

Area 11 - West Norfolk

Interior

Hot Water Gas

Exterior

Fence None

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Suburban Park Elementary

Middle Schools Northside Middle School

High Schools Granby

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Listed by Atlantic Sothebys Int'l Realty
Bought with Atlantic Sothebys Int'l Realty

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Jon Hartz

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+1(757) 816-4777

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500 Virginian DR