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    1607 Lasalle Ave Norfolk, VA 23509

    For Sale
    $680,000

    Over/Under, Quadruplex,Multi Family Residential - Norfolk, VA

    Type:Quadruplex
    Property size:
    3,673 SF
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 1607 Lasalle Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    R-8
    Patio and Porch features
    Patio
    Exterior features
    Corner, Patio, Shed
    Size
    3,673 SF

    Building Details

    Year built
    1950
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

    Signature Homes RENC LLC (757) 753-0452 [email protected]

    Listing agent Erin Sherwood (757) 716-4141

    Listing date Nov 10, 2025

    MLS# 10604983 Listing URL

    Copyright © 2025 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.

    Overview

    Norfolk Quadruplex with Water Views

    This four-unit property is situated on a quarter-acre lot and offers water views from the front porch of Unit 2. The property is suitable for investors or owner-occupants. The front entrance from LaSalle Avenue leads to a shared foyer providing interior access to all units and mailboxes. Three units include 2 bedrooms and 1 bath, with market rents around $1,400. Two units are currently rented to long-term residents. The fourth unit, which is vacant, features 3 bedrooms and 1 bath, with a market rent of around $1,800. The owner pays approximately $200 per month for water and trash, with the option to bill residents back. Gas and electric are separately metered and paid by tenants. Updates include a new roof installed in 2021 with a 50-year warranty and new windows installed in 2023 with a 20-year warranty. Unit 4 has new floors, and there have been recent bathroom updates throughout the property. Flood insurance is approximately $900 per year. The property has a size of 3673 square feet and is located in Norfolk, VA. The zoning is R-8.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.267485
    Latitude
    36.8789693

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Norfolk, ideal for investors or owner-occupants.
    Where is this quadplex located?
    The property is located at 1607 Lasalle Ave Norfolk, VA.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - New roof (2021) with 50-year warranty and new windows (2023) with 20-year warranty.; - Four-unit property ideal for investors or owner-occupants.; - Three units with 2 bedrooms/1 bath (market rent ~$1,400 each) and one vacant unit with 3 bedrooms/1 bath (market rent ~$1,800).
    (757) 716-4141
    Request Owner's contact information
    1607 Lasalle Ave Norfolk, VA 23509
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    Norfolk, VA 23509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1607 Lasalle Ave Norfolk, VA 23509
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