$747,500
$775,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
3,050 SqFt
SOLD DATE : 12/09/2025
Key Details
Sold Price $747,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $245
Subdivision Ocean View East
MLS Listing ID 10607481
Sold Date 12/09/25
Style Other,Over/Under
HOA Y/N No
Year Built 1972
Annual Tax Amount $5,500
Property Sub-Type Quadruplex
Property Description
Your wealth building dream starts here! Located just blocks from the Chesapeake Bay in the vibrant East Beach neighborhood, this four unit investment property offers both lifestyle appeal and strong cashflow potential. Ideal for the savvy investor ready to leverage furnished or long-term rentals, this property positions you at the intersection of beach living and wealth building. Each unit is fully occupied, fully renovated and features a desirable layout of 2bed/1bath with open living space and W/D in each unit. Neighboring the Bay Oaks Park and the East Beach Farmers Market, the location is unbeatable! Please do not disturb tenants. Current rent roll: Unit 1 -$1400/mo lease ends 3/31/26, Unit 2 - $1,495/mo + $75/mo utility fee ($1,570 total) lease ends 5/31/2026, Unit 3 - $1,450/mo +75/mo utility fee ($1,525 total) lease ends 10/31/2026, Unit 4 - Furnished MTR $2,150/mo current guest exp 10/31/25, next guest 10/31/25-12/31/2025.
Location
State VA
County Norfolk
Area 13 - North Norfolk
Zoning R-11
Interior
Hot Water Electric
Exterior
Fence Partial
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Lot Description Shed
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Little Creek Elementary
Middle Schools Azalea Gardens Middle
High Schools Lake Taylor
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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