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Duplex with Hardwood Floors
For Sale
$399,900

1311 Melrose Pkwy, Norfolk, VA 23508

Two independently metered units feature private entrances, rear parking, and updated roof and HVAC systems.

Property SizeContact for details
Days on Market14

Property Features for 1311 Melrose Pkwy

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,700

Building Details

Buildings 1
Listing Agency: BHHS RW Towne Realty
Listed By: Julie Fish
Source: Exprealty
Added: Jul 23 Changed: Aug 5 Last Checked: Aug 5 at 7:16AM

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 BHHS RW Towne Realty

Investment Insights

Based on property information with market context.

This duplex at 1311 Melrose Pkwy includes two residential units, each with 2 bedrooms, 1 full bath, hardwood floors, and separate front and rear entrances. The property has been maintained by the same family for many years and includes a roof installed in July 2026 and HVAC systems updated in 2023. Separately metered utilities support straightforward management of the two units, while multi-car off-street parking is available at the rear.

The property is in Norfolk’s Larchmont/Edgewater area, 1/2 block from Old Dominion University, with views of the ODU football stadium from the front porch. The layout supports either owner occupancy with rental income from the second unit or leasing both units, as supported by the existing duplex configuration.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bath
  • Hardwood floors and private front and rear entrances in each unit
  • New roof installed July 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 23508, VA

20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
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?
Duplex - Two independently metered units feature private entrances, rear parking, and updated roof and HVAC systems.
Where is this duplex located?
The property is located at 1311 Melrose Pkwy Norfolk, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; Hardwood floors and private front and rear entrances in each unit; New roof installed July 2026
More about this property
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