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Fairmount Park Multifamily Home for Sale

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    $265,000

    • 1,471 Sq Ft

    3227 Vimy Ridge Ave, Norfolk, VA 23509

    Looking for your next income-producing property? Don't miss this solid duplex, each side featuring 2 bedrooms and 1 bathroom. Perfect for tenants or a live-in/lease-one setup. This is a great opportunity for investors looking to add to their portfolio with minimal upfront work. With some light updates, this duplex could shine! Whether you're an experienced landlord of first-time investor, this

    Jarrell Skinner North End Realty Group

    3227 Vimy Ridge Ave, Norfolk, VA 23509

Why Live in Fairmount Park

Fairmount Park in Norfolk is a residential neighborhood situated east of the Lafayette River, bordered by Tidewater Drive and Chesapeake Boulevard. The area is predominantly composed of small 1950s bungalows, ranch styles, and Cape Cod homes, with larger traditional-style houses from the 1990s and early 2000s. The neighborhood is car-dependent, with major grocery and department stores located within a short commute. Fairmount Park is about 3 miles from downtown Norfolk and 4 miles from Norfolk International Airport, with public bus services available through the Hampton Roads Transit system. The community is known for its affordability and active civic league, which focuses on improving safety, cleanliness, and overall atmosphere. Revitalization efforts by the city have included upgrading water lines and rebuilding streets. Students in Fairmount Park attend Norfolk Public Schools, with Maury High School being highly rated and offering diverse extracurricular activities and sports programs. Shoop Park, a 5-acre fully fenced park, is a local highlight featuring a playground, splash pad, athletic facilities, picnic shelters, and a paved trail with exercise stations. The Virginia Zoo, located about 2 miles east, is another nearby attraction. Dining options are limited but include Manny’s Burger, a long-standing neighborhood staple. Residents have access to a Food Lion within the neighborhood and are within 4 miles of other major stores like Harris Teeter, Lowe’s, Target, and Walmart Supercenter. The neighborhood is safer than the national average, providing a relatively low crime risk environment.

Home Trends in Fairmount Park, VA

Housing Trends

Median Sale Price
$276,500
Median Single Family Sale Price
$276,500
Median Townhouse Sale Price
$307,450
Average Price Per Sq Ft
$193
Number of Homes for Sale
15
Last 12 months Home Sales
109
Months of Supply
1.70
Median List Price
$278,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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