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    1417 Lead St Norfolk, VA 23504

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    For Sale
    $419,000

    Updated duplex featuring new flooring, HVAC, and expanded lot.

    Property Features for 1417 Lead St

    General Information

    Exterior features
    exterior_features, : ["Asphalt Shingle"]

    Building Details

    Year built
    1988

    Source: CENTURY 21 Nachman Realty Agent CENTURY 21 Nachman Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex with Investment Potential

    This updated duplex presents an opportunity for both comfortable living and investment. Renovated in 2020 by the previous owner, the property has undergone further upgrades. The upstairs Unit B features new LVP flooring, while the downstairs unit includes new carpet and a new HVAC system. Each unit has a dedicated storage shed in the backyard, sold as is. A shared wooden playset also conveys as is. The lot has been expanded through the purchase of the neighboring parcel, providing additional space and value.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2632805
    Latitude
    36.8585579

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    FAQs

    What type of property is this?
    Duplex - Updated duplex featuring new flooring, HVAC, and expanded lot.
    Where is this duplex located?
    The property is located at 1417 Lead St Norfolk, VA.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: - Expanded lot size due to purchase of neighboring parcel.; - Updated duplex with recent renovations in both units.; - Unit B features stylish new LVP flooring.
    Request Owner's contact information
    1417 Lead St Norfolk, VA 23504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1417 Lead St Norfolk, VA 23504
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