1551 Spruce Street Street, Norfolk, VA 23502
Local realty services provided by:ERA Real Estate Professionals
1551 Spruce Street Street,Norfolk, VA 23502
$280,000
- - Beds
- - Baths
- 2,100 sq. ft.
- Multi-family
- Active
Listed by: alex winfield
Office: coastal group inc.
MLS#:10656917
Source:VA_REIN
Price summary
- Price:$280,000
- Price per sq. ft.:$133.33
About this home
Discover a fantastic investment opportunity at 1551 Spruce Street in Norfolk! This side-by-side duplex offers two distinct rental units with a combined monthly rental income of $2,700. Unit A features 3 bedrooms, 2 bathrooms, and approximately 1,300 square feet of living space, currently renting for $1,500 per month. Unit B offers 2 bedrooms, 1 bathroom, and approximately 828 square feet, currently renting for $1,200 per month. Each unit enjoys its own designated backyard area, providing tenants with separate outdoor spaces. Tenants are responsible for all utilities, making this an appealing addition to an investment portfolio.
Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; and 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000. This property, 1551 Spruce Street (MLS# 10656917), is offered individually at $280,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads....
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Home facts
- Year built:1951
- Listing ID #:10656917
- Updated:October 22, 2026 at 09:27 AM
Rooms and interior
- Living area:2,100 sq. ft.
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1951
- Building area:2,100 sq. ft.
- Construction Materials:Clapboard
- Foundation Description:Crawl
Schools
- High school:BT Washington
- Middle school:Norview Middle
- Elementary school:Coleman Place Elementary
Utilities
- Water:City/County, Water Heater - Electric
- Sewer:City/County
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$133.33
- Tax amount:$2,312
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