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12-Unit Brick Apartment Building
For Sale
$1,950,000

1414 Hampton Blvd, Norfolk, VA 23507

Three-story garden-style property with two-bedroom residences in Norfolk’s Ghent neighborhood.

Property SizeContact for details
Days on Market79

Property Features for 1414 Hampton Blvd

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $15,587

Building Details

Year Built 1925
Stories 3
Construction brick garden-style
Listing Agency: Aweigh Real Estate
Listed By: Kenneth Letner
Source: Exprealty
Added: May 26 Changed: Aug 9 Last Checked: Aug 11 at 12:16PM

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 Aweigh Real Estate

Investment Insights

Based on property information with market context.

Newton Hall is a brick apartment property containing 12 residential units arranged across three stories. Built in 1925, the building features a garden-style configuration and a unit mix consisting of two-bedroom apartments, combining its original construction era with a straightforward multifamily layout.

The property is located in Norfolk’s Ghent neighborhood at 1414 Hampton Blvd. Downtown Norfolk, EVMS, Sentara, Old Dominion University, military installations, shopping, dining, and entertainment venues are identified among the nearby employment, education, and lifestyle destinations. The offering may also be available as part of a larger portfolio opportunity.

Key Highlights

  • 12 residential units across three stories
  • Brick garden‑style apartment property built in 1925
  • Two‑bedroom apartment layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,882
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 - Three-story garden-style property with two-bedroom residences in Norfolk’s Ghent neighborhood.
Where is this apartment building located?
The property is located at 1414 Hampton Blvd Norfolk, VA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 12 residential units across three stories; Brick garden‑style apartment property built in 1925; Two‑bedroom apartment layouts
More about this property
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