# 435 Monticello Avenue, Norfolk, VA 23510

> **TL;DR:** 1bd/2ba condo, $240,000 ($212/sqft), built 1920, 1,132 sqft.
> A/C. Est. $1,284/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $240,000 |
| Price/sqft | $212 |
| Bedrooms | 1 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,132 |
| Year Built | 1920 |
| Lot Size | 484 sqft (0.01 acres) |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,214 |
| Estimated Insurance | $70 |
| **Total** | **$1,284** |

## Nearby Schools

- **Elementary:** Walter Herron Taylor Elementary
- **Middle:** Blair Middle

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 0.01 acre lot

## Description

### Agent 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 agreement, 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!

## Location

- **Address:** 435 Monticello Avenue, Norfolk, VA 23510
- **County:** Norfolk VA
- **Neighborhood:** DOWNTOWN AREA
- **Coordinates:** 36.851913, -76.288727
- **Google Maps:** https://www.google.com/maps?q=36.851913,-76.288727

## Listing Agent

- **Name:** Eugene Shull
- **Brokerage:** KW Metro Center
- **Phone:** (804) 858-9000

## Primary Photo

![435 Monticello Avenue - Primary Photo](http://lh.rdcpix.com/04f60e8e81fd2d51d7bc334d2bf64702l-f2369018087r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.ai/listing/435-monticello-avenue-norfolk-va-23510-10644320)*

---

**MLS#:** 10644320 | **Updated:** 2026-08-03
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/435-monticello-avenue-norfolk-va-23510-10644320)

---

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