Tenant-Occupied Duplex Income
For Sale
$209,000
319 Ashlawn Drive, Norfolk, VA 23505
MULTI_FAMILY - Norfolk, VA
Property Size1,650 SF
Price / SF$126.67
Days on Market127
Property Features for 319 Ashlawn Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-11
Subdivision
MONTICELLO VILLAGE
Elementary school
Suburban Park Elementary
Middle school
Northside Middle School
Standard status
Active
Size
1,650 SF
Taxes and HOA fees
Tax Annual Amount
2731
Utilities
Water front features
Waterfront
Building Details
Year built
1942
Roof type
Shingle
Architectural style
Other
Listing Agency:
Better Homes & Gdns Ntv Am Grp
(757) 495-5500
Listed By:
Wendy Carbaugh
(757) 672-6732
Added: Apr 8
Changed: Jul 29
Last Checked: Aug 12 at 3:06PM
MLS# 10628649
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Investment Insights
Based on property information with market context.
This tenant-occupied under-over Cape Cod duplex is configured with two separate rental units. The first-floor unit offers 2 bedrooms and 1 bathroom with approximately 1,000 square feet. The upstairs unit provides 1 bedroom and 1 bathroom, supporting a straightforward two-unit rental setup.
Located at 319 Ashlawn Drive in Norfolk, Virginia (23505), the property is listed under R-11 zoning. Total property size is approximately 1,650 square feet.
Located at 319 Ashlawn Drive in Norfolk, Virginia (23505), the property is listed under R-11 zoning. Total property size is approximately 1,650 square feet.
Key Highlights
- Turnkey investment opportunity with immediate income potential.
- Tenant‑occupied with built‑in cash flow from day one.
- Two units: a 2‑bedroom, 1‑bath unit (approx. 1,000 sqft) and a 1‑bedroom, 1‑bath unit.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
Demographics for 23505, VA
27,785
Population
13,715
Households
2
Avg Household Size
32
Median Age
32%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
4,210
Density / Sq Mi
$55,678
Median Household Income
$40,814
Median Earnings
$1,279
Median Rent
$318,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two rental units, including a 2-bedroom first floor and 1-bedroom upper unit.
Where is this duplex located?
The property is located at 319 Ashlawn Drive Norfolk, VA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Turnkey investment opportunity with immediate income potential.; Tenant‑occupied with built‑in cash flow from day one.; Two units: a 2‑bedroom, 1‑bath unit (approx. 1,000 sqft) and a 1‑bedroom, 1‑bath unit.
