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12-Unit Apartment Building
For Sale
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832 Brandon Ave, Norfolk, VA 23517

Twelve two-bedroom, one-bath units in a single 1928-built multifamily building.

Lot Size0.27 Acres
Days on Market111

Property Features for 832 Brandon Ave

General Information

Standard status Active
Lot size 0.27 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Year Built 1928
Tenancy Multi
Listing Agency: Marcus & Millichap - Hampton Roads
Listed By: Justin Ferguson · License #VA 0225225369
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 23 at 1:53PM

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.

Colley Manor is a 12-unit apartment building with all units located within one structure built in 1928. The property offers twelve two-bedroom, one-bathroom apartments.

The building is situated on 0.27 acres. The offering is for sale.

This is a straightforward, single-building multifamily configuration designed around consistently sized unit layouts.

Key Highlights

  • 12‑unit multifamily property in a single building built in 1928
  • Property sits on 0.27 acres
  • All units are two‑bedroom, one‑bath configurations

Property Analytics

Current Use

Colley Manor Apartment Building

Suggested Use

Top Pick Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon

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

12
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,285
Businesses Nearby

Demographics for 23517, VA

5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
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 - Twelve two-bedroom, one-bath units in a single 1928-built multifamily building.
Where is this apartment building located?
The property is located at 832 Brandon Ave Norfolk, VA.
What are key features of this property?
This property features: 12‑unit multifamily property in a single building built in 1928; Property sits on 0.27 acres; All units are two‑bedroom, one‑bath configurations
More about this property
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