About This Home
This 0-bedroom, 0-bathroom multi-family at 1139 E Leicester Avenue in Norfolk, VA is listed for $500,000 ($208 per sqft). Built in 1931, the home offers 2,400 sqft of living space on a N/A lot.
Key Features
- Built in 1931
Property Details
Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex featuring two spacious 3BR/2BA units plus detached storage garage. Unit 1 is vacant and move-in ready. Unit 2 has a long-term tenant since 2021, currently month-to-month, offering flexibility.
Extensive 2022 improvements include new roof, windows, updated electrical, downstairs HVAC, flooring, appliances and fresh paint. In 2026, an additional downstairs bathroom and tankless water heater were installed, creating two full baths in each unit and increasing rental potential. Historical annual rents exceeded $38K, with projected annual income of $45K. Ideal for investors or owner-occupants seeking rental income, flexibility and significant capital improvements already completed.
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1139 E Leicester Avenue
Norfolk, VA 23503
OCEAN VIEW
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1139 E Leicester Avenue is listed at $500,000 ($208/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1931.
This property is listed by Katie Howlett and can be reached at (757) 690-0439.
