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Investment - Homes for Sale in Norfolk, VA

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  • /11

    $199,900

    • 2 Beds
    • 1 Bath
    • 1,260 Sq Ft

    8022 Chesapeake Blvd, Norfolk, VA 23518

    Investment property. Being sold as-is, where-is. CASH only. Will not qualify for VA, FHA, or conventional loans. Inspections for informational purposes only. Seller to make no repairs.

    Agent Photo

    Andy Nelson

    Iron Valley Real Estate HR

    (757) 280-1806

    8022 Chesapeake Blvd, Norfolk, VA 23518
  • /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
  • /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
  • /49

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,620 Sq Ft

    1237 Whaley Ave, Norfolk, VA 23502

    Welcome home! Conveniently situated just minutes from Virginia Beach Blvd, this home offers easy access to shopping, dining, and everyday essentials while still feeling comfortably tucked away. Inside, you’ll enjoy the ease of single-level living with a functional layout that’s perfect for a variety of lifestyles. A detached garage provides additional storage, parking, or workshop space. Whether

    Kristen Boyd Next Chapter VA Realty Inc

    1237 Whaley Ave, Norfolk, VA 23502
  • /16

    $435,000

    • 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 Peninsula

    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
  • /43

    $385,000

    • 4 Beds
    • 1 Bath
    • 1,840 Sq Ft

    8723 Chesapeake Blvd, Norfolk, VA 23503

    Overflowing with charm and character, this 4 bedroom, move in ready, Cape Cod style beach home is perfectly situated approximately 1 mile from the BEACH and the sandy shores of the Chesapeake Bay! Offering solid construction, this immaculate, quality-built home has been lovingly maintained and cared for. Several recent improvements include a new 50 year, 5 component roofing system with new

    Kathleen Good BHHS RW Towne Realty

    8723 Chesapeake Blvd, Norfolk, VA 23503
  • /21

    $340,000

    • 2,125 Sq Ft

    1305 W 38th St, Norfolk, VA 23508

    Exceptional investment opportunity! Each of the units have spacious updated kitchens w/granite countertops, and stainless steel appliances. Second level unit is 1bedroom,1 bath, and includes a balcony. First floor unit, features 3 bedrooms, and 3 bathrooms. Ideally situated near Old Dominion University, major interstates, military bases, and a variety of restaurants. Additionally, washer/dryer in

    Angelique Bolton Renters Warehouse

    1305 W 38th St, Norfolk, VA 23508
  • /4

    $400,000 Pre-Foreclosure

    • 4,400 Sq Ft

    819 W 35th St, Norfolk, VA 23508

    Great investment opportunity in Norfolk! This multi-unit property offers strong rental potential in a convenient location near ODU, Naval Station Norfolk, shopping, dining, and major roadways. Well-positioned for investors looking to expand their portfolio, the property includes multiple occupied units providing immediate rental income potential. With easy access to interstates and local

    Imad Rayanne 1st Class Real Estate Integrity

    819 W 35th St, Norfolk, VA 23508
  • /25

    $165,000

    • 4 Beds
    • 1.5 Baths
    • 1,300 Sq Ft

    835 W 42nd St, Norfolk, VA 23508

    Outstanding investment opportunity, this home is just blocks from Old Dominion University, and around the corner from Monarch Way with its University Bookstore, shops, and restaurants. This property is priced more than $20K below tax assessed value and probably way below market value, once improved. Being sold AS IS WHERE IS, this property has a heat pump, updated vinyl clad windows, roof

    Dora Lee Taylor Howard Hanna Real Estate Svcs.

    835 W 42nd St, Norfolk, VA 23508
  • /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
  • /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
  • /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
  • /33

    $280,000

    • 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
  • /23

    $295,000

    • 3 Beds
    • 1 Bath
    • 916 Sq Ft

    2116 Jeffrey Dr, Norfolk, VA 23518

    Just in time to beat the Spring rush and snag this gem early. This cozy home features three well-sized bedrooms and one full bathroom, making it an ideal choice for those seeking comfort, simplicity and single level living. Beautifully remodeled the inside shines throughout with the original refinished hardwood floors. The kitchen boasts brand new cabinets, granite countertops and stainless steel

    Jason Dunlevy The Right Move Real Estate Inc

    2116 Jeffrey Dr, Norfolk, VA 23518
  • /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
  • /50

    $389,000 Open Sat 1PM - 3PM

    • 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
  • /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
  • /2

    $450,000

    • Land
    • 0.06 Acre
    • $7,500,000 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
  • /36

    $374,000

    • 1,400 Sq Ft

    820 W 50th St, Norfolk, VA 23508

    This charming duplex is nestled in the vibrant North Colley district, conveniently located near ODU and EVMS, and just blocks from Colley Avenue's popular restaurants, shops, and breweries. The side by side units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen and living area. A new roof was installed in 2023, and the current owner has continued making updates, including some

    Katherine Bates BHHS RW Towne Realty

    820 W 50th St, Norfolk, VA 23508
  • /10

    $1,500,000

    121 W 32nd St, Norfolk, VA 23504

    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

    Carrie Copenhaver Real Broker LLC

    121 W 32nd St, Norfolk, VA 23504
  • /15

    $263,000

    • 2,110 Sq Ft

    3747 S Cape Henry Ave, Norfolk, VA 23502

    Great duplex in Norfolk. Needs some work, great investment opportunity. Being sold “AS IS” seller to make no repairs.

    Nelson Diggs Real Broker LLC

    3747 S Cape Henry Ave, Norfolk, VA 23502
  • /38

    $415,000 Open Sat 1PM - 3PM

    • 1,680 Sq Ft

    1417 Lead St, Norfolk, VA 23504

    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

    Maryzel Jenkins CENTURY 21 Nachman Realty

    1417 Lead St, Norfolk, VA 23504
  • /13

    $250,000

    • 1 Bed
    • 1.5 Baths
    • 1,132 Sq Ft

    435 Monticello Ave Unit 300C, Norfolk, VA 23510

    PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTYSteps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.$250,000 - Turnkey Investment• Brand new floors, paint, and finishes throughout• HVAC maintained on service plan• 1 parking space included•

    Eugene Shull KW Metro Center

    435 Monticello Ave Unit 300C, Norfolk, VA 23510
  • /28

    $649,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    2814 Glen Ave, Norfolk, VA 23513

    This home is being sold with the warehouse next door at 2810 Glen Avenue. The 3,984 square foot warehouse includes an exhaust system for woodworking, a designated paint booth heated by 500k BTUs, a half bath, a kitchen area, and a private office. The house is a great opportunity for an investment property, an employee rental, or for an on-site supervisor. The living space is open to the kitchen,

    Julia Shea KW Coastal Virginia Chesapeake

    2814 Glen Ave, Norfolk, VA 23513
  • /50

    $265,000

    • 1 Bed
    • 1 Bath
    • 838 Sq Ft

    230 W Tazewell St Unit 209, Norfolk, VA 23510

    Experience distinctive urban living in this unique loft-style studio located in historic Hoffheimer Warehouse building. Light-filled & beautifully appointed, this residence features expansive windows, soaring ceilings, hardwood floors, & a blend of timeless architectural character with modern updates. The building is an architectural showpiece with a central atrium, elevator access, & striking

    Elizabeth Marino BHHS RW Towne Realty

    230 W Tazewell St Unit 209, Norfolk, VA 23510
  • /2

    $1,499,999

    • 3 Beds
    • 3.5 Baths
    • 2,770 Sq Ft

    1106 Toler Place, Norfolk, VA 23503

    Welcome to this beautifully maintained tri-level home offering direct beach access and stunning waterfront views. Featuring 3 spacious bedrooms with the flexibility to accommodate up to 5 bedrooms by utilizing the large family room and lower-level recreation room, this home is perfect for both relaxation and entertaining. Enjoy the warmth and elegance of hardwood floors throughout the main living

    Debbie Crevier Kent Cottage Street Realty LLC

    1106 Toler Place, Norfolk, VA 23503

Home Trends in Norfolk, VA

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$410,500
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$207,473
Average Price Per Sq Ft
$217
Number of Homes for Sale
441
Last 12 months Home Sales
2,948
Months of Supply
1.80
Median List Price
$325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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