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Duplex with Separate Utility Meters
New
For Sale
$195,000
Pending

3127 Bapaume Ave, Norfolk, VA 23509

Two-unit property near a military base and airport with independently metered utilities.

Property Size1,700 SF
Days on Market3

Property Features for 3127 Bapaume Ave

General Information

Standard status Pending
Size 1,700 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Year Built 1924
Listing Agency: Liz Moore & Associates LLC
Listed By: Inlet Realty
Source: Inletrealty
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 8:00AM

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 Liz Moore & Associates LLC

Investment Insights

Based on property information with market context.

This duplex at 3127 Bapaume Ave in Norfolk, Virginia, contains 1,700 square feet across two residential units. Separate utility meters serve each unit, providing distinct utility accounting for the property. Built in 1924, the home is located in the Lafayette Annex area.

The property is near a military base and airport, placing it within an established Norfolk residential setting. Its two-unit configuration supports ownership by an investor or an owner occupant who lives in one unit while renting the other.

Key Highlights

  • Two‑unit duplex configuration
  • 1,700 square feet
  • Separate utility meters for both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Parking Lot & Garage Nail Salon

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

358
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
View Realmo Analytics

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 - Two-unit property near a military base and airport with independently metered utilities.
Where is this duplex located?
The property is located at 3127 Bapaume Ave Norfolk, VA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 1,700 square feet; Separate utility meters for both units
More about this property
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