Brick 6-Unit Apartment
511 Ashlawn Dr, Norfolk, VA 23505
For Sale
$750,000
Each residence has been renovated, and all six units are occupied.
Property SizeContact for details
Days on Market11
Property Features for 511 Ashlawn Dr
General Information
Standard status
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Iron Valley Real Est Norfolk
(757) 900-4873
Listed By:
Carrie Copenhaver
(855) 450-0442
Source:
Jamesallengroup
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 9 at 1:26PM
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 Iron Valley Real Est Norfolk
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Investment Insights
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Built in 1979, this brick apartment property contains six units. Each unit has undergone renovation, and the building is fully occupied. The property is zoned R-13.
The sale includes a second six-unit apartment building at 540 Ashlawn Drive. Both properties are described as renovated and occupied.
The sale includes a second six-unit apartment building at 540 Ashlawn Drive. Both properties are described as renovated and occupied.
Key Highlights
- Six apartment units in a brick building
- Renovations completed in all six units
- Fully occupied
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
626
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Demographics for 23505, VA
27,785
Population
13,715
Households
2
Avg Household Size
32
Median Age
32%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
4,210
Density / Sq Mi
$55,678
Median Household Income
$40,814
Median Earnings
$1,279
Median Rent
$318,600
Median Home Value
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Properties on Market for Apartment buildings in Norfolk
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has been renovated, and all six units are occupied.
Where is this apartment building located?
The property is located at 511 Ashlawn Dr Norfolk, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Six apartment units in a brick building; Renovations completed in all six units; Fully occupied
