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Tenant-Occupied Duplex Investment
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3128 Cape Henry Ave, Norfolk, VA 23509

Duplex with two 2-bedroom, 1-bath units, currently tenant occupied, with showings only after ratified contract.

Property SizeContact for details
Days on Market110

Property Features for 3128 Cape Henry Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Inlet Realty
Listed By: Christian Phillips · License #0225248295
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 9:21AM

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 Inlet Realty

Investment Insights

Based on property information with market context.

This duplex features two separate 2-bedroom, 1-bath units and is currently tenant occupied. The property is offered for sale with tenant-protected access, meaning no showings will be allowed without a ratified contract.

The address is 3128 Cape Henry Ave, Norfolk, VA 23509. Prospective buyers will need to make offers contingent upon viewing the interior units and must not disturb the tenants under any circumstances.

The seller is marketing the property as part of a larger portfolio consisting of 83 doors. Additional portfolio details are available upon request.

Key Highlights

  • Duplex in Norfolk with two 2‑bedroom, 1‑bath units
  • Currently tenant occupied
  • Showings only after ratified contract; no showings without an accepted offer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Skin Care Clinic

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 23509, VA

12,963
Population
5,920
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
5,185
Density / Sq Mi
$70,715
Median Household Income
$38,850
Median Earnings
$1,259
Median Rent
$238,500
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?
Duplex - Duplex with two 2-bedroom, 1-bath units, currently tenant occupied, with showings only after ratified contract.
Where is this duplex located?
The property is located at 3128 Cape Henry Ave Norfolk, VA.
What are key features of this property?
This property features: Duplex in Norfolk with two 2‑bedroom, 1‑bath units; Currently tenant occupied; Showings only after ratified contract; no showings without an accepted offer
More about this property
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