# 765 48th Street, Norfolk, VA 23508

> **TL;DR:** multi-family, $1,595,000 ($419/sqft), built 1920, 3,810 sqft.
> Waterfront. Est. $8,530/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,595,000 |
| Price/sqft | $419 |
| Square Feet | 3,810 |
| Year Built | 1920 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 15 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $8,065 |
| Estimated Insurance | $465 |
| **Total** | **$8,530** |

## 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 - 106

## Listing Agent

- **Name:** Julian Rivera
- **Brokerage:** Iron Valley Real Estate Norfolk
- **Broker Phone:** (757) 900-4873

## Photos

![765 48th Street - Photo 1](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2191623431r.jpg)

![765 48th Street - Photo 2](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f4192116220r.jpg)

![765 48th Street - Photo 3](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f4283991576r.jpg)

![765 48th Street - Photo 4](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f61667963r.jpg)

![765 48th Street - Photo 5](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2236125760r.jpg)

![765 48th Street - Photo 6](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1388375682r.jpg)

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![765 48th Street - Photo 12](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1501642098r.jpg)

![765 48th Street - Photo 13](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2276850207r.jpg)

![765 48th Street - Photo 14](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3334868979r.jpg)

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![765 48th Street - Photo 17](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1917772046r.jpg)

![765 48th Street - Photo 18](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1652054206r.jpg)

![765 48th Street - Photo 19](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2152997675r.jpg)

![765 48th Street - Photo 20](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f505844686r.jpg)

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![765 48th Street - Photo 23](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f194082809r.jpg)

![765 48th Street - Photo 24](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3051397142r.jpg)

![765 48th Street - Photo 25](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1079538520r.jpg)

![765 48th Street - Photo 26](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2917903018r.jpg)

![765 48th Street - Photo 27](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3718013172r.jpg)

![765 48th Street - Photo 28](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1362768698r.jpg)

![765 48th Street - Photo 29](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2992151802r.jpg)

![765 48th Street - Photo 30](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1458840336r.jpg)

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![765 48th Street - Photo 33](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3043153900r.jpg)

![765 48th Street - Photo 34](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2914681510r.jpg)

![765 48th Street - Photo 35](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1588973493r.jpg)

![765 48th Street - Photo 36](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f851208584r.jpg)

![765 48th Street - Photo 37](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3986250385r.jpg)

![765 48th Street - Photo 38](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3378407988r.jpg)

![765 48th Street - Photo 39](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3739259784r.jpg)

![765 48th Street - Photo 40](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3513982672r.jpg)

![765 48th Street - Photo 41](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2105391666r.jpg)

![765 48th Street - Photo 42](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2648369r.jpg)

![765 48th Street - Photo 43](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3323358238r.jpg)

![765 48th Street - Photo 44](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f1292423259r.jpg)

![765 48th Street - Photo 45](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f2967585110r.jpg)

![765 48th Street - Photo 46](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f43614837r.jpg)

![765 48th Street - Photo 47](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f576522134r.jpg)

![765 48th Street - Photo 48](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f554793387r.jpg)

![765 48th Street - Photo 49](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f603962729r.jpg)

![765 48th Street - Photo 50](http://lh.rdcpix.com/4c94f010bd01acbd78005a91a3db3c94l-f3676571175r.jpg)

---

**MLS#:** 10658462 | **Updated:** 2026-10-22
**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/765-48th-street-norfolk-va-23508-b3a223ff9717498894203a657c212bfc)

---

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