About This Home

This 1-bedroom, 2-bathroom condo at 435 Monticello Avenue #300C in Norfolk, VA is listed for $210,000 ($186 per sqft). Built in 1920, the home offers 1,132 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 1920
  • 0.01 acre lot

Property Details

1 full, 1 half
#300C
1920

Amenities

A/C
Listing Description

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month a

greement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space.

Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk's entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!

Monthly Cost Estimate

$1,123/mo

20% down · 6.5% · 30 years

Principal$152
Interest$910
Insurance$61

Estimates only. Actual payments may vary.

Location

435 Monticello Avenue #300C

Norfolk, VA 23510

DOWNTOWN AREA

Features & Amenities

Interior Features

Walk-In Closet

Exterior Features

Corner

Property Details

Parking

Off Street

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDisposalDryerDryer HookupMicrowaveElec RangeRefrigeratorWasherWasher Hookup

Questions & Answers

This 1-bedroom, 2-bathroom condo at 435 Monticello Avenue is listed at $210,000 ($186/sqft). The estimated monthly payment is $1,123 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.01 acre lot. Interior Features: Walk-In Closet. Exterior Features: Corner.

This property is listed by Eugene Shull.

ES

Eugene Shull

Agent at KW Metro Center

Listed by KW Metro Center · Broker phone: (804) 858-9000 · View on Broker Site · Broker website

MLS# 10644320· Source: Real Estate Information Network, Inc.· 104 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.

435 Monticello Avenue #300C, Norfolk, VA 23510

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