500 Virginian Drive, Norfolk, VA 23505

Norfolk
Local realty services provided by:ERA Real Estate Professionals
500 Virginian Drive,Norfolk, VA 23505
$300,000Last list price
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: lea marie ngowakl
Office: atlantic sothebys int'l realty
MLS#:10645732
Source:VA_REIN

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Price summary

  • Price:$300,000

About this home

Positioned in Norfolk's established Suburban Acres neighborhood, this duplex presents a compelling blend of immediate income and long-term opportunity. Both units are tenant occupied with leases extending through 07/31/2027 at $1,425.00 monthly rent and 05/31/2027 at $1,325.00 monthly rent, creating reliable revenue from day one. (Photos are of Unit A only.) Residents enjoy convenient access to Naval Station Norfolk, Old Dominion University, Sentara Leigh Hospital, Norfolk Premium Outlets, Military Circle redevelopment initiatives, and the growing dining and entertainment scene surrounding Granby Street and Downtown Norfolk. Nearby favorites include The Dirty Buffalo, Jessy's Taqueria, Starbucks, Target, and Harris Teeter. The property's side-by-side layout, generous living spaces, and established tenancy offer a practical path for investors seeking stability in a market driven by military, medical, educational, and professional employment sectors. Imagine owning an asset in the...

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Home facts

  • Year built:1951
  • Listing ID #:10645732
  • Updated:September 16, 2026 at 07:17 AM

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1951
  • Architectural Style:Side by Side
  • Construction Materials:Vinyl
  • Foundation Description:Crawl

Schools

  • High school:Granby
  • Middle school:Northside Middle School
  • Elementary school:Suburban Park Elementary

Utilities

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

Finances and disclosures

  • Price:$300,000
  • Tax amount:$3,966
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