433 Rhode Island AVE Norfolk, VA $ 529,000
433 Rhode Island AVE
$ 529,000
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433 Rhode Island AVE

Norfolk, VA, 23508
$ 529,000
Baths0.0 Sq 3,350

Monthly Estimate*

$ 3,168

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Studio

Multi-Family Home for sale in Norfolk, VA

for $529,000. This 3,350 square foot home was built in 1939.

Come see this charming Spanish style home located in the very sought after Colonial Place neighborhood. This duplex is Ideal for rental income or multi-generational living and has been used for both. The upstairs unit features 3 bedrooms and 2.5 baths, while the downstairs unit features 2 bedrooms and 1 bath. The generous living areas are ideal for family gatherings with wonderful sunrooms in each unit. Modern appliances and updated kitchens. Approximately $265K is assumable at a 4.375 interest rate. Flood insurance approximately $600 per year. Exterior stucco painted in 2023, new asphalt roofs (over sunroom and front porch) in 2022, new split unit AC for downstairs unit in 2021, new kitchen floor and appliances in downstairs unit in 2021, new sump pumps installed in 2024. All appliances convey. Greenhouse can stay or be removed. Current rent is $1950 upstairs and $1500 downstairs. Gas and electric metered separately, water combined, tenants pay. Property being sold AS IS.

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Multi-Family Contingent

Price

$ 529,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,350

Style

Over/Under

Year Built

1939

Town/City

Norfolk

County/Region

Norfolk City

MLS | Web ID

10557930

Features
Exterior
Waterfront 0
Lot Features Patio
Siding Stucco Vinyl
Foundation Crawl
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General
Water Type City/County
Ownership Type Simple
Waterfront Description Not Waterfront
Roof Asphalt Shingle Poly Skin
Zoning R-8
Style Over/Under
Property Type Multi Family Residential
Area 11 - West Norfolk
Subdivision Name COLONIAL PLACE
Sub Type Duplex
New Construction Y/N 0
Elementary School Granby Elementary
High School Maury
Middle School Blair Middle
Non Non Contingent
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* Excluded Features
List By
Randy Corlew

Listing Agent

Wainwright Real Estate

Broker

Affordability Calculator

$3,531
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,168
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
238897 Elementary School
239388 Middle School
Maury High School High School

Map


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433 Rhode Island AVE, Norfolk, VA, 23508 is a Multi-Family Home for sale at $529,000 with 3,350 sqft. 433 Rhode Island AVE is a studio with 0.0 baths and was built in 1939. The property's zip code is 23508 which is in Norfolk, VA