24-Unit Apartment
For Sale
$2,550,000
2500 Leo St, Norfolk, VA 23504
Consistent two-bedroom, one-bath layouts across a single-location multifamily property.
Property SizeContact for details
Days on Market44
Property Features for 2500 Leo St
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
24 x 2BR/1BA
Multifamily Units
24
Building Details
Year Built
1969
Listing Agency:
Inlet Realty
Listed By:
Christian Phillips · License #0225248295
Source:
Horakrealtygroup
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 31 at 7:12PM
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 Inlet Realty
Investment Insights
Based on property information with market context.
Located at 2500 Leo Street in Norfolk, Virginia, this multifamily property contains 24 apartments with a consistent two-bedroom, one-bath configuration. The straightforward layout provides uniformity across the residential units and a clear basis for evaluating the asset as a whole.
Constructed in 1969, the property offers an established apartment-building format in a single Norfolk location. The unit mix is concentrated entirely in two-bedroom residences, providing a simple operating profile for ownership and management.
Constructed in 1969, the property offers an established apartment-building format in a single Norfolk location. The unit mix is concentrated entirely in two-bedroom residences, providing a simple operating profile for ownership and management.
Key Highlights
- 24‑unit multifamily property
- All 24 apartments offer two bedrooms and one bathroom
- Consistent floorplans across the residential units
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Explore this area
Business Placement
Demographics for 23504, VA
22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
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 - Consistent two-bedroom, one-bath layouts across a single-location multifamily property.
Where is this apartment building located?
The property is located at 2500 Leo St Norfolk, VA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 24‑unit multifamily property; All 24 apartments offer two bedrooms and one bathroom; Consistent floorplans across the residential units
