Multifamily Apartment
For Sale
Contact for pricing
846 Little Bay Ave, Norfolk, VA 23503
Multifamily portfolio with access to I-64 and established regional employment centers.
Property SizeContact for details
Days on Market145
Property Features for 846 Little Bay Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Listing Agency:
Marcus & Millichap - Hampton Roads
Listed By:
Altay Uzun · License #VA 0225214405
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:03PM
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 multifamily apartment portfolio is located at 846 Little Bay Ave in Norfolk, Virginia. The property is positioned for access to I-64, approximately just over a mile away, connecting residents with Norfolk’s commercial corridors and major employment destinations.
Nearby employment and institutional drivers identified for the area include the US Department of Defense, Sentara Healthcare Centers, Old Dominion University, BAE Systems, and Norfolk State University. Public schools are located approximately 1 mile from the property, while Norfolk International Airport is approximately 8 miles away. The surrounding Hampton Roads market includes multiple military installations, including Naval Station Norfolk, supporting a broad employment base for the region.
Nearby employment and institutional drivers identified for the area include the US Department of Defense, Sentara Healthcare Centers, Old Dominion University, BAE Systems, and Norfolk State University. Public schools are located approximately 1 mile from the property, while Norfolk International Airport is approximately 8 miles away. The surrounding Hampton Roads market includes multiple military installations, including Naval Station Norfolk, supporting a broad employment base for the region.
Key Highlights
- Multifamily apartment portfolio at 846 Little Bay Ave, Norfolk, VA 23503
- I‑64 is accessible in just over a mile
- Norfolk International Airport is located 8 miles from the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 23503, VA
31,932
Population
15,350
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
6,386
Density / Sq Mi
$62,428
Median Household Income
$42,850
Median Earnings
$1,195
Median Rent
$273,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily portfolio with access to I-64 and established regional employment centers.
Where is this multifamily property located?
The property is located at 846 Little Bay Ave Norfolk, VA.
What are key features of this property?
This property features: Multifamily apartment portfolio at 846 Little Bay Ave, Norfolk, VA 23503; I‑64 is accessible in just over a mile; Norfolk International Airport is located 8 miles from the property
