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Historic Multifamily with Balconies
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1000 Westover Avenue, Norfolk, VA 23507

18-unit apartment building with renovated kitchens, refurbished hardwood floors, 9-foot ceilings, and on-site laundry facilities.

Property Size18,060 SF
Lot Size0.32 Acres
Days on Market125

Property Features for 1000 Westover Avenue

General Information

Standard status Active
Size 18,060 SF
Lot size 0.32 Acres
Property subtype Multifamily

Additional Details

Clear Height 9 ft
Multifamily Units 18

Building Details

Year Built 1914
Listing Agency: Marcus & Millichap - Hampton Roads
Listed By: Altay Uzun · License #VA 0225214405
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 9:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Hampton Roads

Investment Insights

Based on property information with market context.

The Grand at West Ghent is a historic apartment building offering 18 units built in 1914. The unit mix includes six 1-bedroom, one-bath units, six two-bedroom, one-bath units, and six three-bedroom, one-bath units. Interior improvements include newly renovated kitchens and refurbished hardwood floors, along with 9-foot ceilings. Many units also feature large balconies, and the property includes on-site laundry facilities. Units are described as cable ready.

The property is located at 1000 Westover Avenue in Norfolk, VA 23507, in the historic Ghent neighborhood. The public remarks indicate the area supports access to local recreation and business and community culture.

From a tenant-readiness perspective, the building provides in-unit comfort upgrades and shared laundry on site, with apartment configurations that span one- through three-bedroom living.

Key Highlights

  • 18‑unit apartment building built in 1914 on 0.32 acres
  • Unit mix: six 700 SF 1‑bed/1‑bath, six 1,060 SF 2‑bed/1‑bath, six 1,250 SF 3‑bed/1‑bath
  • Newly renovated kitchens and refurbished hardwood floors throughout

Property Analytics

Current Use

Valore at West Ghent Apartment Building Jack Site Group Construction Company The Grand at West Ghent ... Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon Supermarket Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9 ft
Clear height
18
Residential units

Location Intelligence

Trade Area within ½ mile

2,828
Businesses Nearby

Demographics for 23507, VA

6,460
Population
3,530
Households
1.8
Avg Household Size
35
Median Age
76%
College-Educated
98%
High-School Grad
0.9 sq mi
ZIP Area
7,178
Density / Sq Mi
$107,650
Median Household Income
$59,128
Median Earnings
$1,422
Median Rent
$560,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 18-unit apartment building with renovated kitchens, refurbished hardwood floors, 9-foot ceilings, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 1000 Westover Avenue Norfolk, VA.
What are key features of this property?
This property features: 18‑unit apartment building built in 1914 on 0.32 acres; Unit mix: six 700 SF 1‑bed/1‑bath, six 1,060 SF 2‑bed/1‑bath, six 1,250 SF 3‑bed/1‑bath; Newly renovated kitchens and refurbished hardwood floors throughout
More about this property
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