Two-Story Multifamily Apartment
For Sale
Contact for pricing
2412 Azalea Garden Road, Norfolk, VA 23513
Southern Park II offers 24 market-rate units across two two-story buildings on 1.15 acres.
Property SizeContact for details
Lot Size1.15 Acres
Days on Market125
Property Features for 2412 Azalea Garden Road
General Information
Standard status
Active
Lot size
1.15 Acres
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
24
Building Details
Year Built
1963
Stories
2
Listing Agency:
Marcus & Millichap - Hampton Roads
Listed By:
Altay Uzun · License #VA 0225214405
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 4:13AM
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 Marcus & Millichap - Hampton Roads
Investment Insights
Based on property information with market context.
Southern Park II is a 24-unit, market-rate multifamily property comprised of two two-story buildings. The buildings were originally constructed in 1963 and include a mix of two one-bedroom, one-bath units and twenty-two two-bedroom, two-bath units.
The property is located near the River Oaks and Elmhurst areas of Norfolk, Virginia, and neighbors Interstate 64, a major traffic artery through the South Hampton Roads region and a key route in Norfolk. I-64 is accessible in just over a mile of the property, providing connectivity to Norfolk’s major commercial corridors and employment centers.
With its unit mix weighted toward two-bedroom, two-bath layouts, Southern Park II is configured to support tenant demand for two-bedroom rental housing in the immediate market area described in the remarks.
The property is located near the River Oaks and Elmhurst areas of Norfolk, Virginia, and neighbors Interstate 64, a major traffic artery through the South Hampton Roads region and a key route in Norfolk. I-64 is accessible in just over a mile of the property, providing connectivity to Norfolk’s major commercial corridors and employment centers.
With its unit mix weighted toward two-bedroom, two-bath layouts, Southern Park II is configured to support tenant demand for two-bedroom rental housing in the immediate market area described in the remarks.
Key Highlights
- 24 market‑rate units in 2 two‑story buildings on 1.15 acres
- Unit mix: 2 one‑bedroom/1‑bath and 22 two‑bedroom/2‑bath units
- Buildings originally constructed in 1963
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Southern Park II offers 24 market-rate units across two two-story buildings on 1.15 acres.
Where is this apartment building located?
The property is located at 2412 Azalea Garden Road Norfolk, VA.
What are key features of this property?
This property features: 24 market‑rate units in 2 two‑story buildings on 1.15 acres; Unit mix: 2 one‑bedroom/1‑bath and 22 two‑bedroom/2‑bath units; Buildings originally constructed in 1963
