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1010 E Leicester Ave
Norfolk, VA 23503
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Prime location in Norfolkâs Ocean View area with proximity to major highways and employment hubs.
- Significant value-add potential through rent increases and interior renovations.
- Convenient access to Norfolk International Airport, major retail centers, and regional attractions.
- Two well-maintained two-story buildings featuring ten two-bedroom, one-bathroom units.
- Strong rental demand supported by military presence and diversified local economy.
Property Facts
| No. Units | 10 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 6,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | ||
| Zoning | C-2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 6,500 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | C-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $602.00 | 650 |
Property Taxes
| Parcel Number | 23993505 | Improvements Assessment | $548,600 |
| Land Assessment | $174,000 | Total Assessment | $722,600 |
Property Taxes
Parcel Number
23993505
Land Assessment
$174,000
Improvements Assessment
$548,600
Total Assessment
$722,600
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