2400 Lafayette Blvd Norfolk, VA 23509
Fairmount Park NeighborhoodEstimated payment $1,608/month
About This Home
This fully rented, cash-flowing duplex exceeds the 1% rule, making it a solid addition to any portfolio. Whether you're looking to house hack or invest with strong returns from day one, this turnkey property checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,715
Year Built
- Built in 1916
Lot Details
- Corner Lot
Home Design
- Duplex
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- Crawl Space
Schools
- Willard Model Elementary School
- Norview Middle School
- Maury High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- All Others Area 11 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,715 | $139,400 | $25,500 | $113,900 |
| 2023 | $1,648 | $131,800 | $24,500 | $107,300 |
| 2022 | $1,766 | $141,300 | $20,500 | $120,800 |
| 2021 | $1,560 | $124,800 | $15,000 | $109,800 |
| 2020 | $1,471 | $117,700 | $12,000 | $105,700 |
| 2019 | $1,459 | $116,700 | $11,000 | $105,700 |
| 2018 | $1,321 | $105,700 | $11,000 | $94,700 |
| 2017 | $1,209 | $105,100 | $11,000 | $94,100 |
| 2016 | $1,209 | $111,600 | $13,200 | $98,400 |
| 2015 | $1,249 | $111,600 | $13,200 | $98,400 |
| 2014 | $1,249 | $111,600 | $13,200 | $98,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $275,000 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $177,000 | Fidelity National Title | |
| Warranty Deed | $59,000 | Attorney | |
| Gift Deed | -- | Lawyers Title | |
| Bargain Sale Deed | $129,900 | -- | |
| Deed | $96,837 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,750 | New Conventional | |
| Previous Owner | $107,703 | Purchase Money Mortgage | |
| Previous Owner | $103,900 | Adjustable Rate Mortgage/ARM |
Source: Real Estate Information Network (REIN)
MLS Number: 10600956
APN: 19174400
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