Two-Unit Duplex with
For Sale
$600,000
8100 Turner Road, Norfolk, VA 23518
Multi Family Residential, Over/Under, Norfolk, VA
Property Size2,192 SF
Price / SF$273.72
Days on Market81
Property Features for 8100 Turner Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R-C
Subdivision
LITTLE CREEK AREA
Lot features
Corner
Elementary school
Little Creek Elementary
Middle school
Azalea Gardens Middle
Standard status
Active
Size
2,192 SF
Taxes and HOA fees
Tax Annual Amount
7990
Amenities
laundry
garage
off-street parking
Building Details
Year built
2026
Roof type
Shingle
Architectural style
Other
Listing Agency:
Judy Boone Realty Inc.
Listed By:
Lori Kraft
(757) 587-2800
Added: Aug 7
Changed: Oct 2
Last Checked: Oct 26 at 12:06PM
MLS# 10648202
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.
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Investment Insights
Based on property information with market context.
This over-under duplex contains two residences totaling 2,192 square feet. The lower unit has approximately 775 square feet, with two bedrooms and one full bath; the upper unit offers approximately 1,417 square feet, with three bedrooms and two full baths. Both residences have a living room, dining area, kitchen, laundry, and garage. The property has a shingle roof and is zoned R-C.
Located on Turner Road in Norfolk’s Ocean View/Little Creek area, the duplex is served by city water and sewer and includes off-street parking.
Located on Turner Road in Norfolk’s Ocean View/Little Creek area, the duplex is served by city water and sewer and includes off-street parking.
Key Highlights
- Two residences total 2,192 square feet
- Lower unit: approximately 775 square feet, 2 bedrooms, and 1 full bath
- Upper unit: approximately 1,417 square feet, 3 bedrooms, and 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,710
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,200
$574.2K
Cap Rate 7%
$410,143
$410.1K
Cap Rate 9%
$319,000
$319.0K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$43.4K $19.80/SF
− Vacancy
−$2.4K −$1.09/SF
EGI
$41.0K $18.71/SF
− OpEx
−$12.3K −$5.61/SF
NOI
$28.7K $13.10/SF
Area
Norfolk, VA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,200
Cap Rate 7%
$410,143
Cap Rate 9%
$319,000
Alternative Uses
Best Use
Multifamily LT 5
$410.1K
$358.9K – $478.5K
NOI $28,710 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$368.3K
$322.3K – $429.7K
NOI $25,784 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$465.0K
$406.9K – $542.5K
NOI $32,550 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 23518, VA
30,278
Population
13,911
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,964
Density / Sq Mi
$73,899
Median Household Income
$47,605
Median Earnings
$1,348
Median Rent
$280,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living, dining, kitchen, and laundry areas serve each residence.
Where is this duplex located?
The property is located at 8100 Turner Road Norfolk, VA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two residences total 2,192 square feet; Lower unit: approximately 775 square feet, 2 bedrooms, and 1 full bath; Upper unit: approximately 1,417 square feet, 3 bedrooms, and 2 full baths
