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$2,550,000
10610417 MLS
2500 Leo Street is a rare opportunity to acquire a 24-unit multifamily asset in Norfolk with true value-add upside and plenty of “meat on the bone.” The property consists of twenty-four (24) two-bedroom, one-bath apartments, an attractive and highly rentable unit mix for the local tenant base. Current operations leave room for a new owner to reposition the asset through targeted renovations, improved management, and strategic rent increases to better align with market rates. Investors will appreciate the straightforward layout, consistent floorplans, and the ability to add value through interior upgrades, utility optimization, and enhanced resident amenities. With scale in a single location and strong demand for well-located two-bedroom rentals in Norfolk, 2500 Leo Street is ideal for both regional and out-of-area investors seeking stable cash flow today with meaningful upside over time. This is a solid value-add multifamily play ready for its next owner to take it to the next level

2500 Leo Street, West Norfolk

$565,000
3 Beds 3 Baths 10600247 MLS
PRIVATE BEACH ACCESS!! Welcome to your dream coastal retreat! This beautifully appointed 3-bedroom, 3-bath home offers the perfect blend of comfort, privacy, and unbeatable location. Just a short stroll from the bay, this home is ideally situated for those who want to enjoy serene waterfront living without sacrificing convenience. Step inside to find an open and airy floor plan filled with natural light . The spacious living area flows seamlessly into a modern kitchen complete with sleek granite countertops, large island, stainless steel appliances, and ample storage—great for both relaxing evenings and entertaining guests. Each of the three generously sized bedrooms offer privacy and comfort for residents and visitors alike. The primary suite features 3 closets, one being a walk-in closet, and a spa-inspired bathroom with a walk in shower. Enjoy morning coffee or sunset cocktails on the private balcony, taking in the peaceful sights and sounds of the bay!

1400 W Ocean View Avenue Unit A, North Norfolk

$1,295,000
10581816 MLS
$200K PRICE REDUCTION plus $50K CASH for renovation, $150K in Owner Financing. Historic building, 1886 Original Trolley Repair Station, later used as horse stables for NPD; features original arched windows and beams & four 2 ton overhead cranes (2/each warehouse). Current use is restaurant equipment sales, business/Inventory sale separate. This 2 warehouse, 4 property package totaling 1.22ac+ is completely fenced with 2 access points. Property fronts Church St, backs to O'Keefe St, and Chase St bisects the South side of the property (offering a low traffic back entrance). Adjacent city property (1+ac) may be available. Plenty of additional space for new build or storage yard and the historical warehouse building is in good condition; located against the right hand lot line at the front of the property. The new owner can take advantage of generous Federal, State, and Local Opportunity & Enterprise Zone tax credits and grants plus flexibility offered by the Railroad District Overlay.

1836 Church Street, West Norfolk

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.