22-Unit Four-Story Apartment
For Sale
Contact for pricing
Pending
750 W Princess Anne Rd, Norfolk, VA 23517
Historic multifamily property offering a mix of one-, two-, and three-bedroom residences in Norfolk’s Ghent neighborhood.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market143
Property Features for 750 W Princess Anne Rd
General Information
Standard status
Pending
Lot size
0.25 Acres
Property subtype
Multifamily
Occupancy
91%
Units
Unit Mix
16 x 1BR/1BA, 4 x 2BR/1BA, 2 x 3BR/1.5BA
Multifamily Units
22
Building Details
Year Built
1921
Buildings
1
Stories
4
Listing Agency:
Marcus & Millichap - Hampton Roads
Listed By:
Altay Uzun · License #VA 0225214405
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:16AM
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 Marcus & Millichap - Hampton Roads
Investment Insights
Based on property information with market context.
This 22-unit apartment property occupies a 0.25-acre site at 750 W Princess Anne Rd in Norfolk. The four-story building was constructed in 1921 and includes sixteen 806-square-foot one-bedroom, one-bath units; four 925-square-foot two-bedroom, one-bath units; and two 1,200-square-foot three-bedroom units with one and a half bathrooms. Select residences feature hardwood floors, stainless steel appliances, renovated bathrooms, and tile flooring.
The property is positioned in Ghent, a Norfolk arts and culture district, with access to Downtown Norfolk and the Waterside District. Current occupancy is 90.9%, compared with 95.5% occupancy reported for the Ghent submarket over the past year. The surrounding employment base includes healthcare, professional services, and business services.
The property is positioned in Ghent, a Norfolk arts and culture district, with access to Downtown Norfolk and the Waterside District. Current occupancy is 90.9%, compared with 95.5% occupancy reported for the Ghent submarket over the past year. The surrounding employment base includes healthcare, professional services, and business services.
Key Highlights
- 22‑unit apartment property in one four‑story building
- Unit mix includes 16 one‑bedroom, 4 two‑bedroom, and 2 three‑bedroom residences
- Unit sizes range from 806 square feet to 1,200 square feet
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
90.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 23517, VA
5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property offering a mix of one-, two-, and three-bedroom residences in Norfolk’s Ghent neighborhood.
Where is this apartment building located?
The property is located at 750 W Princess Anne Rd Norfolk, VA.
What are key features of this property?
This property features: 22‑unit apartment property in one four‑story building; Unit mix includes 16 one‑bedroom, 4 two‑bedroom, and 2 three‑bedroom residences; Unit sizes range from 806 square feet to 1,200 square feet
