1241 37th Street, Norfolk, VA 23508

Local realty services provided by:ERA Real Estate Professionals
1241 37th Street,Norfolk, VA 23508
$350,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,990 sq. ft.
  • Single family
  • Active
Listed by: kathryn hoover
Office: howard hanna real estate svcs.
MLS#:10616511
Source:VA_REIN

Price summary

  • Price:$350,000
  • Price per sq. ft.:$175.88

About this home

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 perfect for modern living, entertaining, or maximizing rental appeal. The home incl. four generously sized BRs w/large closets & 2 renovated jack-and-jill baths w/double vanities. Addl feat. incl. steel entry/solid-core interior doors, new windows w/Bahama shutters, LVP flooring, new insulation, security system, gas heat high, capacity electric water heater, patio & off-street parking for 4. 2024 financials: NOI is $22,368.96 ($30,723.39 income - $8354.43 for exp. incl. advertising, ins, maint, repairs & taxes). 6.4% Return/Cap Rate. Four leases in place through July 26th, 2026. Suite 1 for $700 & Suites 2, 3, & 4 for $675, for a total of $2725/month or $32,700 annually. No flood ins. required!

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Home facts

  • Year built:1950
  • Listing ID #:10616511
  • Updated:January 15, 2026 at 10:59 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,990 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air, Natural Gas

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1950
  • Building area:1,990 sq. ft.

Schools

  • High school:Maury
  • Middle school:Blair Middle
  • Elementary school:Larchmont Elementary

Utilities

  • Water:City/County, Water Heater - Electric
  • Sewer:City/County

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$175.88
  • Tax amount:$3,696
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