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Investment - Homes for Sale in Norfolk, VA

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  • /50

    $420,000

    • 3 Beds
    • 2.5 Baths
    • 1,756 Sq Ft

    219 Lenox Ave, Norfolk, VA 23503

    Don’t miss this fantastic investment opportunity at 219 Lenox Ave! This property already has a tenant in place until January 31, 2027, making it a great option for investors looking for immediate rental income. Located just minutes from the beach, this home offers the perfect blend of coastal convenience and everyday accessibility. An added bonus is the fully paid-off solar panel system, helping

    Agent Photo

    Kristen Boyd

    Next Chapter VA Realty Inc

    (757) 919-9876

    219 Lenox Ave, Norfolk, VA 23503
  • /2

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,550 Sq Ft

    3500 Tait Terrace, Norfolk, VA 23513

    This property is a great Investment opportunity. The house is offered together with adjacent lot 3504 Tait Terrance priced separately. There is great potential for this nice corner lot. Selling as-is where-is; seller to do no repairs. Rehab loan or Cash only.

    Agent Photo

    Sudan Weng

    Green Tree Real Estate Inc

    (757) 834-8101

    3500 Tait Terrace, Norfolk, VA 23513
  • /2

    $300,000

    • 3 Beds
    • 1 Bath
    • 1,073 Sq Ft

    8441 Nathan Ave, Norfolk, VA 23518

    Well maintained investment property. Perfect for First Time Home Buyer. Easy To view with notice.

    Agent Photo

    Eric Hovik

    RE/MAX Alliance

    (757) 384-1677

    8441 Nathan Ave, Norfolk, VA 23518
  • /5

    $245,000

    • 4 Beds
    • 3 Baths
    • 1,770 Sq Ft

    2503 Hale St, Norfolk, VA 23504

    Turnkey investment opportunity! Recently renovated 4 bedroom, 3 bathroom home offering 1,770 sq ft with all major systems updated, including electrical, plumbing, HVAC, roof, kitchen, flooring, paint along with many other updates throughout. Currently tenant occupied and income-producing, making this a strong addition to any rental portfolio. Features a fenced-in backyard and is conveniently

    Missy Barlow 1st Class Real Estate Integrity

    2503 Hale St, Norfolk, VA 23504
  • /3

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,596 Sq Ft

    822 Berkley Avenue Extension, Norfolk, VA 23523

    Great investment opportunity in Norfolk! This 3-bedroom, 1-bath home is full of charm and character with great curb appeal and tons of potential. The property needs updating and a complete renovation and is being sold as-is, making it ideal for investors or buyers looking to add value. Conveniently located near military bases, shopping, and major highways.

    Racheal Pridgen Keller Williams Town Center

    822 Berkley Avenue Extension, Norfolk, VA 23523
  • /16

    $375,000

    • 5 Beds
    • 2 Baths
    • 2,596 Sq Ft

    1937 Edgewood Ave, Norfolk, VA 23503

    Incredible investment opportunity with home sitting on two lots and could possibly be torn down and subdivided into two or possibly three lots. Confirm with city.Or renovate the home and walk into equity. Property to be sold as is. Will not qualify for FHA or VA loans. Cash or Rehab loans only, NO flood zone.

    Tara Davis RE/MAX Elevate

    1937 Edgewood Ave, Norfolk, VA 23503
  • /41

    $439,000

    • 2 Beds
    • 2.5 Baths
    • 1,836 Sq Ft

    2100 E Ocean View Ave Unit 22, Norfolk, VA 23518

    Discover coastal paradise at Ebb Tide Condominium, a bayfront gem in Ocean View! This stunning 2-bedroom, 2.5-bath, 1,836 sqft townhouse-style condo with a 336 sqft attached garage offers luxury and beachfront living. Enjoy updated granite kitchen and baths, plus a versatile 1st-floor bonus room with direct patio access to the beach—perfect for guests or a home office. Savor morning coffee or

    Glen Kovacs Bayview Realty

    2100 E Ocean View Ave Unit 22, Norfolk, VA 23518
  • /15

    $600,000

    • 3,068 Sq Ft

    711 Easy St, Norfolk, VA 23505

    all four units will be fully occupied by 04/01 collecting $1299 in rent. This quad is an amazing TURN KEY investment and ready to go!

    Jessica Lewis Iron Valley Real Estate HR

    711 Easy St, Norfolk, VA 23505
  • /46

    $729,900

    • 2,160 Sq Ft

    3811 Pretty Lake Ave, Norfolk, VA 23518

    Completely renovated waterfront beauty in the heart of Norfolk! This stunning home offers panoramic water views, an open-concept living space, designer finishes, and luxury vinyl plank flooring throughout. The gourmet kitchens features white shaker cabinetry, quartz countertops, stainless steel appliances, and modern gold accents. Spa-inspired baths boast custom tile showers and sleek fixtures.

    Corinna Escalet Atlantic Sothebys Int'l Realty

    3811 Pretty Lake Ave, Norfolk, VA 23518
  • /16

    $1,390,000

    350 Staten St, Norfolk, VA 23503

    Prime income-producing asset in Ocean View! Seize the chance to invest in a stunning, all-brick, fully renovated eight-unit apartment building just steps from the iconic Ocean View Pier, the beach, and minutes from the base. Every unit has been meticulously remodeled—fully furnished, custom cabinets, granite countertops, new appliances, all new windows—and is currently occupied at $1,595 per unit

    Kelley Dirom RE/MAX Commonwealth

    350 Staten St, Norfolk, VA 23503
  • /2

    $114,500

    • Studio
    • 1,928 Sq Ft

    3450 Herbert St, Norfolk, VA 23513

    NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Take a drive by this duplex the offers a total of two bedrooms and two baths and see if it may be your next investment. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. RESERVE AUCTION PROPERTY- Property sold “AS-IS” without

    Dana Rowell RealHome Services and Solutions, Inc.

    3450 Herbert St, Norfolk, VA 23513
  • /48

    $680,000

    • 3,096 Sq Ft

    734 Shirley Ave, Norfolk, VA 23517

    Historic and beautifully updated duplex in the heart of Ghent! Combines vintage charm—wood floors and diamond-pane windows—with modern design. Twice as nice with 2 kitchens, 2 living rooms, and 2 dining rooms. Limitless possibilities: perfect for a large family, multi-generational living, or rental investment. Kitchens and baths were just remodelled, with fresh paint throughout. Main kitchen has

    Joanne Friedenson Atkinson Realty

    734 Shirley Ave, Norfolk, VA 23517
  • /2

    $850,000

    864 W 34th St, Norfolk, VA 23508

    Prime Investment Opportunity. 8-Unit Brick Apartment Building Near Ghent, ODU and the new The Railyard. Don’t miss this exceptional opportunity to own a well-located, income-producing 8-unit apartment building in the heart of Norfolk. Situated on a large corner lot at 864 W 34th Street, this solid brick property offers both stability and long-term upside potential. Each of the eight spacious

    Glynnis King CENTURY 21 Nachman Realty

    864 W 34th St, Norfolk, VA 23508
  • /15

    $289,000

    256 W Balview Ave, Norfolk, VA 23503

    Income-producing triplex located on a hill in Balview, offering a great investment opportunity close to beaches, schools, and shopping. This multi-unit property provides strong rental potential in a desirable area with convenient access to everyday amenities. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility and

    Ronald Boone Judy Boone Realty Inc.

    256 W Balview Ave, Norfolk, VA 23503
  • /15

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,138 Sq Ft

    1232 Norview Ave Unit C101, Norfolk, VA 23513

    Don’t miss this incredible opportunity in Norfolk! Whether you're looking for a place to call home now or a smart investment for the future, this property checks all the boxes. Perfect for first-time buyers or investors, featuring new carpet, fresh paint, and brand-new appliances already in place, making it truly move-in ready.

    Melissa Zendrosky Prodigy Realty

    1232 Norview Ave Unit C101, Norfolk, VA 23513
  • /8

    $165,000

    • 2 Beds
    • 2 Baths
    • 1,069 Sq Ft

    2628 Grandy Ave, Norfolk, VA 23509

    This charming single-level ranch home offers excellent potential for buyers seeking flexibility and value. The property features two bedrooms, two full bathrooms, and two additional bonus areas that can be adapted to suit a variety of needs, such as a home office, or hobby space. Conveniently located with easy access to Interstate 264, the home provides a straightforward commute to Downtown

    Cynthia Garrett EXIT Realty Central

    2628 Grandy Ave, Norfolk, VA 23509
  • /33

    $860,000

    • 4 Beds
    • 3.5 Baths
    • 2,536 Sq Ft

    831 Little Bay Ave Unit A, Norfolk, VA 23503

    Exceptional opportunity in sought-after Ocean View, Norfolk! This beautiful single-family home offers an active short-term rental permit secured for the next 5 years — a rare and valuable asset.Featuring 4 spacious bedrooms, including two primary suites, this home is designed for flexibility and comfort. The kitchen showcases granite countertops, stainless steel appliances, and beautifully

    Sarah Grace Doyle Sand & Sea Realty

    831 Little Bay Ave Unit A, Norfolk, VA 23503
  • /9

    $365,000

    • 2,300 Sq Ft

    729 W 28th St, Norfolk, VA 23508

    Fully renovated duplex located in the historic Park Place neighborhood, offering strong investment appeal with both units currently leased. Each unit features updated flooring, fresh paint, and a modern kitchen with stainless steel appliances, granite countertops, white cabinetry, and in-unit washer and dryer. The property offers functional layouts and is positioned in a high-demand rental area

    Ashley Fortes BHHS PenFed Realty

    729 W 28th St, Norfolk, VA 23508
  • /17

    $970,000

    1005 Hillside Ave, Norfolk, VA 23503

    Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market. Each unit is on separate utility meters, simplifying management and boosting net income by shifting

    Ron Wilson Inlet Realty

    1005 Hillside Ave, Norfolk, VA 23503
  • /13

    $580,000

    • 2,872 Sq Ft

    7449 Fenner St, Norfolk, VA 23505

    Income-producing fourplex with projected gross rents of $4,500/month ($54,000 annually). Recent capital improvements include new roof and gutters (Dec 2025), exterior pressure washing, and storm doors. Each unit offers approximately 718 square feet with 2 BRs and 1 BA. Units 1 and 3 are leased at $1,095/month and Unit 2 is leased at $1,150/month. Unit 4 is currently vacant and offered at

    Spencer Bass Greenbrier Real Estate & Appr.

    7449 Fenner St, Norfolk, VA 23505
  • /33

    $260,000

    • 2 Beds
    • 1 Bath
    • 1,112 Sq Ft

    1015 Colonial Ave Unit 4, Norfolk, VA 23507

    Discover the perfect blend of historic charm and modern convenience in this beautifully maintained 2-bedroom, 1-bath condo in the heart of Ghent. Located in a classic historic building just minutes from CHKD and Sentara Norfolk General Hospital, this home is ideal for medical professionals seeking a short, stress-free commute. The bright interior features hardwood floors, original trim work, and

    Nikita Munesh Chandiramani Coastal Towne Realty

    1015 Colonial Ave Unit 4, Norfolk, VA 23507
  • /31

    $267,500 Open Fri 4PM - 6PM

    • 3 Beds
    • 1 Bath
    • 1,153 Sq Ft

    2738 Corprew Ave, Norfolk, VA 23504

    Don’t miss this solid 1,153 sqft brick home featuring 3 spacious bedrooms and 1 full bath. Perfectly situated for an effortless lifestyle, this property is within connvienient distance to Norfolk State University and local mass transit, making it a standout for students, faculty, or commuters.Inside, you’ll find a functional layout ready for your personal touch. The exterior boasts a fully

    James Irwin World Class Realty

    2738 Corprew Ave, Norfolk, VA 23504
  • /28

    $350,000

    • 4 Beds
    • 2 Baths
    • 1,990 Sq Ft

    1241 W 37th St, Norfolk, VA 23508

    Completely renovated in 2018, this all brick ranch home offers a rare opportunity to own a stylish, move-in-ready home that works as a primary residence or a high-performing investment. Designed w/a California Cool aesthetic, the stunning restaurant style kit & open-concept layout w/mural is great for modern living, entertaining, or maximizing rental appeal. The home incl. four generously sized

    Kathryn Kramer Howard Hanna Real Estate Svcs.

    1241 W 37th St, Norfolk, VA 23508
  • /34

    $380,000

    • 1,675 Sq Ft

    1336 Modoc Ave, Norfolk, VA 23503

    Only 4 blocks away from the beach, this solid brick duplex offers excellent income potential in the desirable Norview area. Each unit features 2 bedrooms and 1 bath, providing flexible living or investment options. Both sides have been well maintained with recent updates, including flooring, new kitchen cabinets, and granite countertops in one of the units, fresh paint, and modern finishes. Bonus

    Eva Fisher 1st Class Real Estate Flagship

    1336 Modoc Ave, Norfolk, VA 23503
  • /50

    $369,000

    • 2,146 Sq Ft

    873 Norview Ave, Norfolk, VA 23513

    Duplex offers two spacious units, each with its own private entrance & separate utility meters. Ideal opportunity for investors or owner-occupants seeking additional income. The upstairs unit features a 1-BR, 1-BA layout with the same reliable tenant for the past 6 years, providing immediate rental stability. The downstairs unit features a larger 3-BR, 1-BA floor plan offering its own unique

    Maryzel Jenkins CENTURY 21 Nachman Realty

    873 Norview Ave, Norfolk, VA 23513
  • /47

    $2,000,000

    • 4,020 Sq Ft

    840 W Ocean View Ave, Norfolk, VA 23503

    Rare bayfront investment opportunity on the shores of the Chesapeake Bay. Package sale includes 840 and 842 W Ocean View Ave, offering a unique combination of waterfront lifestyle and strong income potential. The bayfront duplex features panoramic water views and private beach access—great for boating, fishing, kayaking, and enjoying unforgettable sunsets. Flexible options allow you to occupy one

    David Wilkey BHHS RW Towne Realty

    840 W Ocean View Ave, Norfolk, VA 23503
  • /31

    $429,999

    • 5 Beds
    • 3 Baths
    • 2,300 Sq Ft

    1013 W 36th St, Norfolk, VA 23508

    This lovely ranch home in the heart of Norfolk with lots of possibilities. It could be a wonderful investment or used as a home with a detached in-law/student suite with its own private entrances.The main house has a large family room, kitchen, four bedrooms, office/dining room, laundry room with washer and dryer, pantry, two full bathrooms, enclosed porch with lots of windows. The detached

    Donna Lang Iron Valley Real Est. Prestige

    1013 W 36th St, Norfolk, VA 23508
  • /13

    $365,000

    • 1,434 Sq Ft

    138 Dupre Ave, Norfolk, VA 23503

    Excellent opportunity to own a fully occupied duplex investment property in Norfolk just 6 blocks from the Chesapeake Bay. This cash-flowing multifamily property already has performing tenants in place, including a highly desirable 3-bedroom unit, making it a strong addition to any rental portfolio.Major capital improvements have already been completed, including new roof, new HVAC systems,

    Sean Campbell Renters Warehouse

    138 Dupre Ave, Norfolk, VA 23503
  • /15

    $315,000

    • 2,300 Sq Ft

    409 W 27th St, Norfolk, VA 23517

    Renovated duplex featuring neutral finishes, updated flooring, and modern kitchens with stainless steel appliances and granite countertops. Each unit offers ample cabinet space and full-size washer and dryer. Shared parking located behind the building. Each unit includes 2 bedrooms and 1 bathroom, ideal for strong rental demand. Both units are currently leased, providing immediate income.

    Ashley Fortes BHHS PenFed Realty

    409 W 27th St, Norfolk, VA 23517
  • /9

    $159,000

    • 1 Bed
    • 1 Bath
    • 559 Sq Ft

    1055 Cambridge Crescent Unit 4, Norfolk, VA 23508

    Located in sought after Larchmont, this 1 bedroom, 1 bathroom condo is great for professionals, students, or as an investment property. Old fashioned charm paired with modern ammenities, and close to all that downtown Norfolk has to offer. Wood floors, decorative fireplace, large windows offering loads of light, charming second story unit with shared foyer, sittting area, porch and laundry area.

    Cyndi Houser Better Homes & Gdns Ntv Am Grp

    1055 Cambridge Crescent Unit 4, Norfolk, VA 23508
  • /48

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,042 Sq Ft

    1634 E Ocean View Ave Unit 2E, Norfolk, VA 23503

    Open House - Saturday 3/21 11am to 1pm! Welcome to 1634 E Ocean View Ave, Unit 2E — a beautifully renovated condo just steps from the beach in the heart of Ocean View! This move-in-ready unit features hardwood flooring, fresh neutral paint, updated lighting, renovated bathrooms, and a modern open-concept layout great for entertaining. The updated kitchen offers sleek countertops, stainless steel

    Kristina Price EXP Realty LLC

    1634 E Ocean View Ave Unit 2E, Norfolk, VA 23503
  • /2

    $425,000

    • Land
    • 0.06 Acre
    • $7,083,333 per Acre

    439 Granby St, Norfolk, VA 23510

    “Rare Downtown Development Opportunity – Last Vacant Lot on Granby Street! ”Rare opportunity to own the last vacant lot on Granby Street in the heart of Downtown Norfolk! Zoned D-3, this cleared and ready-to-build 2,627 sq. ft. lot offers endless possibilities for development. Surrounded by established buildings, restaurants, and local businesses, this location is great for a mixed-use,

    Patricia Lobo KW Coastal Virginia Chesapeake

    439 Granby St, Norfolk, VA 23510
  • /23

    $200,000

    • 4 Beds
    • 2 Baths
    • 1,350 Sq Ft

    706 Forbes St, Norfolk, VA 23504

    4 bed 2 baths ranch home in desirable location of Norfolk. All bedrooms good size. Kitchen has good counter space and private backyard. Great investment opportunity or move in and make it your own. Private backyard. Selling as is. Located near downtown, military bases, shopping, restaurants, Waterside and the Bay.

    Ralph Immello LPT Realty LLC

    706 Forbes St, Norfolk, VA 23504
  • /39

    $315,000

    • 1 Bed
    • 1.5 Baths
    • 1,297 Sq Ft

    123 College Place Unit 1402, Norfolk, VA 23510

    Spacious 1 bedroom, 1.5 bath condo with city views in the heart of Downtown Norfolk. This well designed unit features an open living and dining area, large windows that fill the space with natural light, and a functional kitchen with ample cabinet space. The generous primary bedroom offers an en suite bath, plus an additional half bath for guests. Enjoy low maintenance urban living with easy

    Joshua Alvelo World Class Realty & Prop Mgmt

    123 College Place Unit 1402, Norfolk, VA 23510
  • /50

    $2,000,000

    • 3,332 Sq Ft

    842 W Ocean View Ave, Norfolk, VA 23503

    Rare bayfront investment opportunity on the shores of the Chesapeake Bay. Package sale includes 840 and 842 W Ocean View Ave, offering a unique combination of waterfront lifestyle and strong income potential. The bayfront duplex features panoramic water views and private beach access—great for boating, fishing, kayaking, and enjoying unforgettable sunsets. Flexible options allow you to occupy one

    David Wilkey BHHS RW Towne Realty

    842 W Ocean View Ave, Norfolk, VA 23503

Home Trends in Norfolk, VA

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$327,000
Median Townhouse Sale Price
$419,000
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$205,950
Average Price Per Sq Ft
$217
Number of Homes for Sale
425
Last 12 months Home Sales
2,931
Months of Supply
1.70
Median List Price
$327,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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