Building Details

Buildings 1

Listing Agency: Inlet Realty

Listed By: Christian Phillips · License #0225248295

Source: Crexi

Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 6:57AM

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, and both are currently tenant occupied. Interior showings are not available before a ratified contract, and the occupants should not be disturbed. The property is located at 2303 Spruce St in Norfolk, Virginia.

Key Highlights

• Two‑unit duplex at 2303 Spruce St, Norfolk, VA 23513
• Both units are currently tenant occupied
• Interior access requires a ratified contract

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Spa & Massage Center Furniture & Home Goods

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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

513

Businesses Nearby

Explore this area Business Placement

Demographics for 23513, VA

29,105

Population

13,040

Households

2.2

Avg Household Size

35

Median Age

22%

College-Educated

87%

High-School Grad

5.1 sq mi

ZIP Area

5,707

Density / Sq Mi

$66,875

Median Household Income

$39,547

Median Earnings

$1,187

Median Rent

$226,900

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 - Both residential units are occupied by tenants, with interior access subject to a ratified contract.

Where is this duplex located?

The property is located at 2303 Spruce St Norfolk, VA.

What are key features of this property?

This property features: Two‑unit duplex at 2303 Spruce St, Norfolk, VA 23513; Both units are currently tenant occupied; Interior access requires a ratified contract