# 765 48th Street, Norfolk, VA 23508

> **TL;DR:** residential multi family, $1,600,000 ($420/sqft), built 1920, 3,810 sqft.
> Waterfront. Est. $6,933/mo. Listed 21 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $420 |
| Square Feet | 3,810 |
| Year Built | 1920 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 21 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Nearby Schools

- **Elementary:** Larchmont Elementary
- **Middle:** Blair Middle

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1920
- Waterfront

## Description

### Agent Description
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.

## Location

- **Address:** 765 48th Street, Norfolk, VA 23508
- **County:** Norfolk VA
- **Neighborhood:** HIGHLAND PARK WEST
- **Coordinates:** 36.887135, -76.292987
- **Google Maps:** https://www.google.com/maps?q=36.887135,-76.292987

## Listing Agent

- **Name:** Julian Rivera
- **Brokerage:** Iron Valley Real Est Norfolk
- **Phone:** (757) 900-4873
- **Email:** julianriverarealtor@gmail.com

## Primary Photo

![765 48th Street - Primary Photo](http://lh.rdcpix.com/aac635f8b88e5abaa951f9285d95a95el-f2191623431r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/765-48th-street-norfolk-va-23508-10634189)*

---

**MLS#:** 10634189 | **Updated:** 2026-06-18
**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.com/listing/765-48th-street-norfolk-va-23508-10634189)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "765 48th Street, Norfolk, VA 23508",
  "description": "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 val",
  "url": "https://www.propertysimple.com/listing/765-48th-street-norfolk-va-23508-10634189",
  "image": "http://lh.rdcpix.com/aac635f8b88e5abaa951f9285d95a95el-f2191623431r.jpg",
  "datePosted": "2026-06-18",
  "price": 1600000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "765 48th Street",
    "addressLocality": "Norfolk",
    "addressRegion": "VA",
    "postalCode": "23508",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 36.887135,
    "longitude": -76.292987
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 3810,
    "unitCode": "FTK"
  },
  "yearBuilt": 1920
}
```