About This Home

This 0-bedroom, 0-bathroom multi-family at 1551 Spruce Street in Norfolk, VA is listed for $280,000 ($133 per sqft). Built in 1951, the home offers 2,100 sqft of living space on a N/A lot.

Key Features

  • Built in 1951

Property Details

1951
Listing Description

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.

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

1551 Spruce Street

Norfolk, VA 23502

COLEMAN PLACE

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1551 Spruce Street is listed at $280,000 ($133/sqft). The estimated monthly payment is $1,498 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951.

This property is listed by Alex Winfield.

AW

Alex Winfield

Agent at Coastal Group, Inc.

Listed by Coastal Group, Inc. · Broker phone: 757-233-9595 · Broker website

MLS# 10656917· Source: Real Estate Information Network, Inc.· 23 days on PropertySimple

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1551 Spruce Street, Norfolk, VA 23502

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