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Tenant-Occupied Duplex with Garage
For Sale
$230,000

2615 Ballentine Boulevard, Norfolk, VA 23509

Multi Family Residential, Norfolk, VA

Property Size2,665 SF
Price / SF$86.30
Days on Market159

Property Features for 2615 Ballentine Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-8
Subdivision BALLENTINE PLACE
Elementary school Coleman Place Elementary
Middle school Azalea Gardens Middle
Standard status Active
Size 2,665 SF

Taxes and HOA fees

Tax Annual Amount 3203

Utilities

Water front features Waterfront

Amenities

detached garage
carport
partially finished attic

Building Details

Year built 1926
Roof type Shingle
Listing Agency: Keller Williams Realty Twn Ctr
Listed By: Kim Martinez
Added: Apr 9 Changed: Aug 19 Last Checked: Sep 14 at 4:06PM
MLS# 10629896

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,665-square-foot duplex in Norfolk, VA, was built in 1926 and contains two residential units, each with 2 bedrooms and 1 full bath. The property also includes a detached garage, carport, partially finished attic, and shingle roof. It is currently tenant-occupied and is offered in as-is, where-is condition, with no seller repairs planned.

Located at 2615 Ballentine Boulevard, the property is identified with waterfront features and R-8 zoning. Showings are limited to drive-by viewing to respect tenant privacy; interior access is available after contract ratification. Traditional financing may not be suitable, with cash or rehab loan options preferred.

Key Highlights

  • 2,665 SF duplex built in 1926
  • Two units, each with 2 bedrooms and 1 full bath
  • Detached garage, carport, and partially finished attic

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Nail Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby

Demographics for 23509, VA

12,963
Population
5,920
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
5,185
Density / Sq Mi
$70,715
Median Household Income
$38,850
Median Earnings
$1,259
Median Rent
$238,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom layouts, detached parking structures, and R-8 zoning define this tenant-occupied residential income property.
Where is this duplex located?
The property is located at 2615 Ballentine Boulevard Norfolk, VA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,665 SF duplex built in 1926; Two units, each with 2 bedrooms and 1 full bath; Detached garage, carport, and partially finished attic
More about this property
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