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Investment - Homes for Sale in Norfolk, VA

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  • /25

    $289,990

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

    3443 Gamage Dr, Norfolk, VA 23518

    This 4-bedroom, 1.5-bath home in Norfolk’s Azalea Acres blends timeless character with everyday convenience. Inside, hardwood floors and a sunlit living room create a warm welcome, while the spacious dining area sets the stage for gatherings. A screened-in porch and fenced backyard extend living outdoors, great for morning coffee or evening entertaining. The thoughtful layout includes a dedicated

    Agent Photo

    Jake Maines

    Iron Valley Real Estate HR

    (757) 936-5925

    3443 Gamage Dr, 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
  • /2

    $250,000 Pre-Foreclosure

    • 3 Beds
    • 1 Bath
    • 1,926 Sq Ft

    801 Forbes St, Norfolk, VA 23504

    Great location, Very private, Large corner lot. Home requires repairs and cosmetics. Excellent investment opportunity. Spacious throughout.

    Fred Helm BHHS RW Towne Realty

    801 Forbes St, Norfolk, VA 23504
  • /2

    $450,000

    • 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
  • /7

    $245,000

    • 3 Beds
    • 1 Bath
    • 1,026 Sq Ft

    1112 Newell Ave, Norfolk, VA 23518

    Great Investment or Flip opportunity. Charming Cape Cod, style home with tons of potential. Perfect for investors or DIY enthusiasts. Property is being sold AS-IS.

    Cassandra Bejarano 1st Class Real Estate Elevate

    1112 Newell Ave, Norfolk, VA 23518
  • /16

    $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
  • /22

    $200,000

    • 2 Beds
    • 2 Baths
    • 973 Sq Ft

    225 A View Ave Unit 104, Norfolk, VA 23503

    Welcome to your coastal retreat in the heart of Ocean View! Just blocks from the beach, this bright and airy 2-bedroom condo blends relaxed seaside living with modern comfort. Step inside to an open-concept living area, perfect for entertaining or unwinding after a day on the sand.Enjoy your morning coffee or evening sunsets from your private balcony. The well-appointed kitchen flows

    Nikki Johnson Own Real Estate LLC

    225 A View Ave Unit 104, Norfolk, VA 23503
  • /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
  • /50

    $745,000

    • 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-gen living, or rental investment. Kitchens and baths were just remodeled, with fresh paint throughout. Main kitchen has quartz

    Joanne Friedenson Atkinson Realty

    734 Shirley Ave, Norfolk, VA 23517
  • /41

    $699,000 New Construction

    • 4 Beds
    • 3 Baths
    • 2,600 Sq Ft

    9625 11th Bay St, Norfolk, VA 23518

    Welcome to this spectacular new construction coastal retreat—an expertly designed 4-bedroom, 3-bath home offering 2,600 sq ft of luxury living just steps from the beach. Curated by top DC interior designer showcasing custom wood grain 42 in cabinetry, a bespoke smart appliance package, an expansive island with premium granite, and exquisite porcelain tile work in all bathrooms. Elevated High-end

    Helen Merjos Own Real Estate LLC

    9625 11th Bay St, Norfolk, VA 23518
  • /2

    $244,900

    • 1,594 Sq Ft

    2733 Victoria Ave, Norfolk, VA 23504

    Well-Maintained Duplex in Norfolk! Fantastic opportunity for investors or owner-occupants alike. This duplex features two spacious 2-bedroom, 1-bath units, both thoughtfully renovated in 2021 for a fresh, low-maintenance living experience. Currently occupied by long-term tenants who wish to remain, the property provides immediate rental income and excellent tenant stability. For buyers looking to

    Steven Hargrow NextHome SLH Real Estate Group

    2733 Victoria Ave, Norfolk, VA 23504
  • /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
  • /33

    $460,000

    • 4 Beds
    • 3.5 Baths
    • 2,334 Sq Ft

    4000 Parker Ave, Norfolk, VA 23508

    A rare investment or owner occupant opportunity: completely renovated, modern, low-maintenance, income producer, 3 blocks from ODU w/4 pvt BR suites, w/full bath access. Open concept living/dining area w/exposed brick, soaring ceilings & tall windows, exposed ductwork, electric fireplace, restaurant-style kit. w/new SS Energy Star appls, storage lockers & an 11-foot raised bar. The pvt 1st floor

    Kathryn Kramer Howard Hanna Real Estate Svcs.

    4000 Parker Ave, Norfolk, VA 23508
  • /50

    $445,000

    • 1,203 Sq Ft

    2215 E Ocean View Ave, Norfolk, VA 23518

    Versatile Multi-Unit Property suitable for Short-Term or Mid-Term Rentals.This income-producing property features two fully independent units, each with a private entrance and no shared interior access. Previously operated as both short-term and mid-term rentals. Unit A offers a spacious three-bedroom layout suitable for extended stays or larger groups.Unit B is a well-designed studio unit,

    Kristina Price EXP Realty LLC

    2215 E Ocean View Ave, Norfolk, VA 23518
  • /25

    $220,000

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    5348 E Princess Anne Rd, Norfolk, VA 23502

    HOUSE IS ON THE SIDE ROAD--NOT PRINCESS ANNE PRIMARY ROAD----3 BEDROOM CAPE COD WITH LARGE DETACHED GARAGEUPDATED KITCHEN WITH NEW GAS STOVE AND MARBLE COUNTER-TOPSNEW GAS WATER HEATER NEW ROOF NEW PANEL UPGRADEFIXER UPPER--CASH OR REHAB LOAN- DUE TO NO CENTRAL HEAT IN HOUSELOTS OF POTENTIAL FOR HOME OR INVESTMENT- Call for info on rehab loans.... STAIRWAY TO FLOORED UPSTAIRS

    MARK SPEAR Green Tree Real Estate Inc

    5348 E Princess Anne Rd, Norfolk, VA 23502
  • /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
  • /2

    $250,000

    • 1,500 Sq Ft

    3128 Cape Henry Ave, Norfolk, VA 23509

    Fully rented Norfolk duplex with total monthly rents of $2,500, delivering solid, in-place cash flow from day one. Each unit offers functional layout and comfortable living space, making it easy to lease and manage. Located in an established neighborhood with convenient access to interstates, shipyards, bases, and area employers, this property benefits from strong, consistent rental demand.

    Ron Wilson Inlet Realty

    3128 Cape Henry Ave, Norfolk, VA 23509
  • /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
  • /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
  • /35

    $330,000

    • 1,581 Sq Ft

    7513 Chesapeake Blvd, Norfolk, VA 23513

    Freshly renovated brick Duplex convienently located near shopping, schools and I-64. Each unit has 2 BR/ 1 BA. Everything in Unit B is brand new top to bottom, incl windows. Unit A was also completely renovated in 2023. Heating and cooling of the main living areas is via Smart air Inverters. Bedrooms have baseboard heat and winow AC's. Bathrooms have Wifi enabled infared heaters. Large private

    Jonathan Minerick homecoin.com

    7513 Chesapeake Blvd, Norfolk, VA 23513
  • /38

    $415,000

    • 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
  • /4

    $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
  • /33

    $209,900

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft

    900 Colley Ave Unit 10, Norfolk, VA 23507

    Priced $32,100 BELOW appraised value in May. Perfect for investment or to live in. Second-story, corner unit has a great location in the heart of Ghent, just a block from the medical complex -- CHKD, Sentara and EVMS. Brand new (2025) kitchen cabinets, granite countertops and stainless-steel appliances and an updated bathroom make this move-in ready. Hardwood floors in good condition and a

    Marcia Cronin Howard Hanna Real Estate Svcs.

    900 Colley Ave Unit 10, Norfolk, VA 23507
  • /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
$326,000
Median Townhouse Sale Price
$408,898
Median 2 Bedroom Sale Price
$250,000
Median 1 Bedroom Sale Price
$205,475
Average Price Per Sq Ft
$216
Number of Homes for Sale
483
Last 12 months Home Sales
2,948
Months of Supply
2.00
Median List Price
$325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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