Tenant-Occupied 4-Plex
For Sale
Contact for pricing
1314 Reservoir Ave, Norfolk, VA 23504
Four 2-bedroom, 1-bath units are currently tenant-occupied as part of a larger portfolio sale.
Property SizeContact for details
Days on Market110
Property Features for 1314 Reservoir Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
4
Listing Agency:
Inlet Realty
Listed By:
Christian Phillips · License #0225248295
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 23 at 4:39PM
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 4-plex includes four separate residential units, each configured as a 2-bedroom, 1-bath layout. All units are currently tenant-occupied.
The property is listed for sale and is part of a larger portfolio offering totaling 83 doors. A full portfolio summary is available upon request.
Please note that no showings are permitted without a ratified contract, and offers must be submitted contingent upon interior inspection. Tenants should not be disturbed under any circumstances.
The property is listed for sale and is part of a larger portfolio offering totaling 83 doors. A full portfolio summary is available upon request.
Please note that no showings are permitted without a ratified contract, and offers must be submitted contingent upon interior inspection. Tenants should not be disturbed under any circumstances.
Key Highlights
- 4‑plex with four 2‑bedroom, 1‑bath units
- All four units are currently tenant‑occupied
- Property included in a larger portfolio sale totaling 83 doors (offered at $11.555M)
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 23504, VA
22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
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?
Quadplex - Four 2-bedroom, 1-bath units are currently tenant-occupied as part of a larger portfolio sale.
Where is this quadplex located?
The property is located at 1314 Reservoir Ave Norfolk, VA.
What are key features of this property?
This property features: 4‑plex with four 2‑bedroom, 1‑bath units; All four units are currently tenant‑occupied; Property included in a larger portfolio sale totaling 83 doors (offered at $11.555M)
