Single-Family Investment Properties in Norfolk, VA

521,400 results

Find, analyze, and compare Norfolk, VA single-family investment properties, including off-market opportunities and single-family homes with value-add potential. Norfolk offers a diverse housing market of townhouses and single-family residences (SFRs) with opportunities for long-term rentals (LTRs). Single-family home housing market trends indicate that Norfolk could be a good market for investors, where undervalued properties could provide opportunities for passive rental income or long-term appreciation. Property Intel by Whitepages makes it easy to uncover off-market single-family properties in Norfolk, Virginia, compare city and neighborhood benchmarks, and access owner contact information to help you find the best townhouses and single-family homes for your investment strategy.

In Norfolk, the median property value currently stands at $267,929, reflecting a 2.38% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $394,845 (a 41.95% gain). The housing market includes a total of 69,635 houses.The median home in Norfolk has 1,595 square feet of living space, priced at a median of $180 per square foot with a median year built of 1955. For long-term rental properties in Norfolk, the median annual gross rental income is $27,600 (or $2,300/month) with estimated operating expenses of $8,643, resulting in an approximate gross cap rate of 7.03%.

Property Intel by Whitepages helps investors and homeowners explore the Norfolk area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Norfolk, VA.

$204K - $211K

Est. Value

3 beds • 1.5 baths • 1,131 sq ft

Last Sold: $155K in 2018 • Built: 1971

$209K - $218K

Est. Value

3 beds • 2.5 baths • 1,530 sq ft

Last Sold: $56K in 1993 • Built: 1970

$319K - $332K

Est. Value

4 beds • 2.5 baths • 2,015 sq ft

Last Sold: $375K in 2022 • Built: 2014

$348K - $364K

Est. Value

4 beds • 2 baths • 1,547 sq ft

Built: 1976

$203K - $211K

Est. Value

3 beds • 2.5 baths • 1,436 sq ft

Last Sold: $126K in 2005 • Built: 1983

$530K - $549K

Est. Value

4 beds • 3.5 baths • 3,367 sq ft

Last Sold: $179K in 1999 • Built: 1941

$378K - $393K

Est. Value

3 beds • 2 baths • 1,738 sq ft

Last Sold: $259K in 2016 • Built: 1919

$538K - $558K

Est. Value

5 beds • 2.5 baths • 3,038 sq ft

Last Sold: $130K in 1991 • Built: 1990

$226K - $240K

Est. Value

2 beds • 1 bath • 1,064 sq ft

Last Sold: $167K in 2006 • Built: 1928

$222K - $231K

Est. Value

828 Burksdale Rd
Norfolk, VA 23518

North Chesapeake Boulevard

3 beds • 1 bath • 988 sq ft

Last Sold: $130K in 2004 • Built: 1953

$665K - $693K

Est. Value

4 beds • 3 baths • 2,064 sq ft

Last Sold: $160K in 1995 • Built: 1995

$513K - $529K

Est. Value

4 beds • 2 baths • 2,333 sq ft

Last Sold: $311K in 2013 • Built: 2013

$479K - $497K

Est. Value

4 beds • 2.5 baths • 2,542 sq ft

Last Sold: $377K in 2020 • Built: 1998

$318K - $328K

Est. Value

3 beds • 2 baths • 1,475 sq ft

Last Sold: $294K in 2021 • Built: 1962

$655K - $690K

Est. Value

3 beds • 3.5 baths • 2,650 sq ft

Last Sold: $430K in 2018 • Built: 1990

$349K - $362K

Est. Value

4 beds • 2.5 baths • 1,666 sq ft

Last Sold: $175K in 2012 • Built: 1966

$248K - $260K

Est. Value

3 beds • 1 bath • 1,118 sq ft

Last Sold: $260K in 2006 • Built: 1955

$341K - $355K

Est. Value

3 beds • 2 baths • 1,798 sq ft

Last Sold: $216K in 2019 • Built: 1971

$170K - $179K

Est. Value

2 beds • 1.5 baths • 1,248 sq ft

Last Sold: $115K in 2016 • Built: 2006

$291K - $303K

Est. Value

4 beds • 3.5 baths • 1,732 sq ft

Last Sold: $205K in 2013 • Built: 2011

$469K - $492K

Est. Value

8 beds • 2 baths • 2,316 sq ft

Last Sold: $36K in 1998 • Built: 1916

$347K - $365K

Est. Value

4 beds • 2 baths • 1,908 sq ft

Last Sold: $231K in 2010 • Built: 1959

$312K - $324K

Est. Value

4 beds • 2.5 baths • 1,601 sq ft

Last Sold: $204K in 2017 • Built: 1981

$327K - $340K

Est. Value

3 beds • 2.5 baths • 1,708 sq ft

Last Sold: $230K in 2011 • Built: 1997

$296K - $307K

Est. Value

3 beds • 2 baths • 1,344 sq ft

Last Sold: $115K in 2001 • Built: 1976

$355K - $373K

Est. Value

4 beds • 2.5 baths • 1,675 sq ft

Last Sold: $92K in 1993 • Built: 1988

$322K - $336K

Est. Value

3 beds • 2.5 baths • 2,254 sq ft

Last Sold: $190K in 2005 • Built: 2004

$215K - $224K

Est. Value

2 beds • 2.5 baths • 1,391 sq ft

Last Sold: $175K in 2007 • Built: 1983

$292K - $301K

Est. Value

3 beds • 2 baths • 1,206 sq ft

Last Sold: $76.4K in 1985 • Built: 1985

$241K - $252K

Est. Value

3 beds • 2 baths • 939 sq ft

Last Sold: $207K in 2019 • Built: 1964

VANorfolk
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Housing Market Trends & Statistics for Norfolk, Virginia

Median Property Value
$267,929
Total number of Properties
69,635
Median Living Space
1,595 sq ft
Median Year Built
1955 (70 years)
5-Year Appreciation Forecast
$394,845
Median Lot Size
6,662 sq ft
Average Ownership
1 year 6 months
for Norfolk, VA
  • Est. Rental Income
    $27,600 ($2,300 per month)
  • Net Operating Income
    $18,957 ($1,580 per month)
  • Cap Rate
    7.03%

Find Investment Properties in Norfolk

Nearby Cities

  1. Portsmouth Investment Properties
  2. Chesapeake Investment Properties
  3. Virginia Beach Investment Properties
  4. Virginia Bch Investment Properties
  5. Hampton Investment Properties
  6. Carrollton Investment Properties
  7. Poquoson Investment Properties
  8. Newport News Investment Properties
  9. Suffolk Investment Properties
  10. Yorktown Investment Properties

Nearby Neighborhoods

  1. Sewells Gardens in Norfolk, VA
  2. Norview in Norfolk, VA
  3. Fairmont Park in Norfolk, VA
  4. Estabrook in Norfolk, VA
  5. Talbot Park in Norfolk, VA
  6. Ballentine Place in Norfolk, VA
  7. Coleman Place in Norfolk, VA
  8. Lake Whitehurst West in Norfolk, VA
  9. Colonial Place in Norfolk, VA
  10. Oakdale Farms-Denby Park in Norfolk, VA

Frequently Asked Questions