About This Home

This 0-bedroom, 0-bathroom multi-family at 2229 Reservoir Avenue in Norfolk, VA is listed for $275,000 ($156 per sqft). Built in 1923, the home offers 1,760 sqft of living space on a N/A lot.

Key Features

  • Built in 1923

Property Details

1923
Listing Description

Investment opportunity! This fully occupied Norfolk duplex offers immediate rental income with both units currently leased and generating income. Priced at $275,000, the property features a 3 bedroom, 1 bath downstairs and a 2 bedroom, 1 bath upstairs unit.

With tenants already in place, investors can step into an income producing property without starting from scratch. Whether you're looking to add another multifamily property to your portfolio or make your first investment, this duplex offers an opportunity to own two rental units under one roof. Property being sold AS-IS. Please do not disturb tenants.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

2229 Reservoir Avenue

Norfolk, VA 23504

BARRAUD PARK

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2229 Reservoir Avenue is listed at $275,000 ($156/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923.

This property is listed by Jermaine Anderson.

JA

Jermaine Anderson

Agent at Keller Williams Greenbrier

Listed by Keller Williams Greenbrier · Broker phone: (757) 361-0106

MLS# 10648954· Source: Real Estate Information Network, Inc.· 77 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.

2229 Reservoir Avenue, Norfolk, VA 23504

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