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About This Home
This 0-bedroom, 0-bathroom residential multi family at 765 48th Street in Norfolk, VA is listed for $1,600,000 ($420 per sqft). Built in 1920, the home offers 3,810 sqft of living space on a N/A lot.
Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025.
Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink.
Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.
Key Features
- Built in 1920
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
765 48th Street
Norfolk, VA 23508
HIGHLAND PARK WEST
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 765 48th Street is listed at $1,600,000 ($420/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 1920, Waterfront.
This property is listed by Julian Rivera and can be reached at (757) 900-4873 or julianriverarealtor@gmail.com.
