Brick Apartment Building Value-Add
516-522 Dinwiddie St, Norfolk, VA 23523
12-unit brick apartment building with value-add potential in Norfolk.
Type:Multifamily
Property size:
9,536 SFPrice / SF:
$97/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 6 at 12:25 am
Property Features for 516-522 Dinwiddie St
General Information
- Standard status
- Active
- Size
- 9,536 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1912
Listing agent Leo Sutton License #VA #0225197664 (757) 420-5323
Listing office (757) 420-5323
Listing date Nov 21, 2025
Source Svn
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All listing content including descriptions, pricing, images are the copyrighted material of Leo Sutton
HighLights
- Value‑add opportunity in a desirable location within the Hampton Roads region.
- 12‑unit brick apartment building with large 1‑bedroom apartments.
- Tenants pay all utilities (separately metered), reducing landlord expenses.
- Proximity to major employers and attractions.
- Convenient access to Interstates I464 and I264 and Downtown Norfolk.
- Full basement.
Overview
This 3-story brick apartment building features 12 large 1-bedroom apartments and a full basement, presenting a value-add opportunity. The property is being offered As-Is. Located in the heart of the Hampton Roads region, DINWIDDIE PLACE APARTMENTS offer a prime investment opportunity for prospective Multifamily/Low-Rise/Garden investors. The area boasts proximity to key attractions like Norfolk Naval Shipyard, BAE Systems Norfolk Ship Repair, Colonna’s Shipyard, Virginia Zoo, and Ocean View Beach Park, making it an appealing location for potential Tenants. With its convenient access to major transportation routes, including Interstates I464 and I264, and vibrant local amenities, the area presents an exciting prospect for those looking to invest in the thriving Norfolk, VA market. The tenants are responsible for all of their separately metered utilities, while the landlord covers common area lighting. The property is professionally managed and offers easy access to shipyards and downtown Norfolk. The building has a total size of 9,536 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk
- State
- Virginia
- Longitude
- -76.2818
- Latitude
- 36.8332
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit brick apartment building with value-add potential in Norfolk.
Where is this apartment building located?
The property is located at 516-522 Dinwiddie St Norfolk, VA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Value‑add opportunity in a desirable location within the Hampton Roads region.; 12‑unit brick apartment building with large 1‑bedroom apartments.; Tenants pay all utilities (separately metered), reducing landlord expenses.
