861 48th Norfolk, VA ^$ 495,000

861 48th

^$ 495,000

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861 48th

Norfolk, VA, 23508

^$ 495,000

Bedrooms-- Baths0.0 Sq 5,000

Monthly Estimate*

^$ 3,458

Multi-Family Home for sale in Norfolk, VA

for $495,000. This 5,000 square foot home was built in 1978.

Great investment opportunity in this spacious duplex. Each unit offers a total of 4 bedrooms, 2 bonus rooms without closets, 3 full bathrooms, and in-unit laundry totaling 2, 500 square feet of comfortable living space. Entire building totals 5, 000 square feet of livable space. Located near ODU, EVMC/Sentara Norfolk General Hospital, CHKD, Norfolk Naval Bases, Colley Ave, Downtown Norfolk, and more! Each unit boasts 2, 500 square feet, each with a third-floor spacious bedroom (including 3 closets!) and a spare room that could be used as an office, sunroom, or study! Brand new LVP flooring & carpet in the hallways were installed in Unit B at the beginning of Nov 2023. Unit A currently is occupied by long-time tenants with original carpeting throughout. Bathrooms and kitchens in both units have tile flooring. Contact us or your agent today to find out more information!

Multi-Family Active

Price

^$ 495,000

Property Type

Multi-Family

Taxes

^$ 4,604

Style

Side By Side

Year Built

1978

Town/City

Norfolk

County/Region

Norfolk City

MLS | Web ID

10510576

Features

Interior

Heating System Hot Water Heater: Electric

Sewer City Sewer

Water Source City Water

Exterior

Fence Chain Link Partial

Foundation Crawl Slab

Lot Description Corner

Roof Asphalt Shingles

Siding Clapboard Vinyl

* Excluded Features

List By

Mary Corliss

Listing Agent

Howard Hanna Real Estate Svcs.

Broker

kimgeorges@howardhanna.com

Affordability Calculator

$3,841

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: $384
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Norfolk, VA

Average List Price ^$420,800

Percent of Sale Price 15%

About Norfolk, VA

251,813 Population

7% Since 2002

^$46,428 Median Income

32.47 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Larchmont Elementary Elementary School

Blair Middle Middle School

Maury High School

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861 48th , Norfolk, VA, 23508 is a Multi-Family Home for sale at $495,000 with 5,000 sqft. 861 48th has 0.0 baths and was built in 1978. The property's zip code is 23508 which is in Norfolk, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. This application does not include information on all of the properties available for sale at this time. REIN updates its listings on a daily basis. Data last updated 12/2/2023.

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861 48th

Multi-Family Home for sale in Norfolk, VA

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