$400,000
PENDING

Estimated payment $2,601/month

Total Views 1,830
-- Bed
-- Bath
3,200 Sq Ft
$125 Price per Sq Ft

About This Home

Exceptional Investment Opportunity! Own a over-under quadplex right in the heart of Norfolk. Whether you're looking to expand your portfolio or start your real estate journey, this prime location offers strong potential income and long-term value. Don’t miss out on this rare find!" 4 units - 2 occupied. 2 updated units with cabinets.

Listing Agent

Luke Nicolaison

1st Class Real Estate Flagship Listed on: 05/16/2025

1st Class Real Estate Flagship

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1973

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • Crawl Space

Schools

  • Jacox Elementary School
  • Ruffner Academy Middle School
  • Granby High School

Utilities

  • Separate Meters
  • Electric Water Heater

Community Details

  • Barraud Park Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,109

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi Family Residential
  • Property Sub Type: Quadruplex
  • Property Type - Cross Property: Multi Family Residential
  • Style: Over/Under
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • LP/ Sq Ft: 125.00
  • Estimated Year Built: 1973
  • Address Street Name Website: Reservoir
  • Address Street Num Website: 1210
  • Address Website: 1210 Reservoir AVE
  • Market Time: 18
  • Contingency Exists: Contingent
  • Special Features: 140
  • Year Built: 1973

Interior Features

  • Estimated Sq Ft: 3200

Exterior Features

  • Exterior Siding: Brick
  • Fence Description: None
  • Foundation Type: Crawl
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County

Schools

  • Elementary School: Jacox Elementary
  • Middle School: Ruffner Academy
  • High School: Granby

Lot Info

  • Waterfront YN: No
  • Zoning: R-11

Building Info

  • New Construction YN: No

Multi Family

  • Meters Separate: Electric

Tax Info

  • Tax Amount Approx: 5109

MLS Schools

  • Elementary School: Jacox Elementary
  • School High School: Granby
  • Middle School: Ruffner Academy

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,109 $415,400 $56,700 $358,700
2023 $4,451 $356,100 $49,500 $306,600
2022 $3,545 $283,600 $41,300 $242,300
2021 $2,765 $221,200 $41,300 $179,900
2020 $2,716 $217,300 $37,400 $179,900
2019 $2,601 $208,100 $34,100 $174,000
2018 $2,425 $194,000 $34,100 $159,900
2017 $2,210 $192,200 $34,100 $158,100
2016 $2,210 $199,200 $34,100 $165,100
2015 $2,269 $199,200 $34,100 $165,100
2014 $2,269 $199,200 $34,100 $165,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $400,000 -13.0% $125 / Sq Ft
05/27/2025 05/27/25 Price Changed $460,000 -18.6% $144 / Sq Ft
05/16/2025 05/16/25 For Sale $565,000 -- $177 / Sq Ft
Source: Real Estate Information Network (REIN)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $460,000 Liberty Title
Bargain Sale Deed $355,500 --
Warranty Deed $220,000 Title Alliance Greenbrier
Warranty Deed $105,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,180 VA
Previous Owner $500,000 Construction
Previous Owner $131,630 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $110,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Information Network (REIN)

MLS Number: 10583638

Real Estate Information Network (REIN)

APN: 25110400