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Historic Ghent Duplex Opportunity
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817 Maury Ave, Norfolk, VA 23517

Charming duplex in Norfolk's Ghent Historic District, close to downtown.

Property Size3,922 SF
Price / SF$63.74
Days on Market702

Property Features for 817 Maury Ave

General Information

Standard status Active
Size 3,922 SF
Property subtype Mixed Use
Listing Agency: Blue Box Auction Gallery
Listed By: Alexandrea Marie Perecko
Source: Crexi
Added: Sep 27, 2024 Changed: Aug 13 Last Checked: Aug 29 at 12:38AM

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 Blue Box Auction Gallery

Investment Insights

Based on property information with market context.

Located in the Ghent Historic District, this brick duplex at 817 Maury Avenue, built in 1910, offers a blend of historic charm and modern updates. The 3,922-square-foot property features 6 bedrooms and 2 bathrooms combined across both units, providing flexible living arrangements. Architectural details include 10-foot ceilings, original hardwood floors, abundant crown molding and baseboards, and large windows. The property has updated electrical systems and replacement windows. Both units include generously sized living and dining areas. The upper unit features a spiral staircase leading to a small private courtyard. Both units also have a secret in-wall safe and original cast-iron tubs. The location provides easy access to downtown Norfolk's cultural and historic attractions, including restaurants, shopping, and the Chrysler Museum. It is within walking distance of Colley Avenue's restaurants and shops, close to the waterfront and nearby parks, and near ODU, EVMS, and Sentara. Significant renovations have been started, including window replacement, exterior restoration, and electrical upgrades, with many finishing materials on site to convey with the property.

Key Highlights

  • Prime location in the desirable Ghent Historic District, close to downtown Norfolk, Colley Avenue, the waterfront, parks, CHKD, EVMS, and ODU.
  • Spacious 3,922 sqft brick duplex with 6 bedrooms and 2 bathrooms, offering flexible living arrangements.
  • Significant renovations already completed, including window replacement and electrical upgrades.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Locksmith Butcher Tanning 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.

Location Intelligence

Trade Area within ½ mile

3,183
Businesses Nearby

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

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 - Charming duplex in Norfolk's Ghent Historic District, close to downtown.
Where is this duplex located?
The property is located at 817 Maury Ave Norfolk, VA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in the desirable Ghent Historic District, close to downtown Norfolk, Colley Avenue, the waterfront, parks, CHKD, EVMS, and ODU.; Spacious 3,922 sqft brick duplex with 6 bedrooms and 2 bathrooms, offering flexible living arrangements.; Significant renovations already completed, including window replacement and electrical upgrades.
More about this property
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