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Duplex With Cosmetic Updates
For Sale
$215,000

859 Lexington St, Norfolk, VA 23504

Two-unit property with access to military bases, shopping, dining, downtown Norfolk, and major interstates.

Property Size2,400 SF
Price / SF$89.58
Days on Market63

Property Features for 859 Lexington St

General Information

Standard status Active
Size 2,400 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence requires only cosmetic updates

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,862
Listing Agency: Next Level Real Estate Group LLC
Listed By: Jasmine Douglas
Source: Exprealty
Added: Jun 30 Changed: Aug 30 Last Checked: Aug 30 at 8:51PM

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 Next Level Real Estate Group LLC

Investment Insights

Based on property information with market context.

This 2,400-square-foot duplex is offered in as-is condition, with cosmetic updating identified as the primary improvement scope. The two-unit configuration supports continued use as a residential income property, subject to the buyer’s evaluation and plans.

The property is approximately 15 minutes from the beach and provides access to military bases, shopping, dining, downtown Norfolk, and major interstates. Its Norfolk location places multiple employment, retail, entertainment, and transportation destinations within the surrounding area.

Key Highlights

  • 2,400‑square‑foot duplex with two residential units
  • Cosmetic updating identified as the primary improvement scope
  • Property is being sold in as‑is condition

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Home Appliance Store Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

Demographics for 23504, VA

22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
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 - Two-unit property with access to military bases, shopping, dining, downtown Norfolk, and major interstates.
Where is this duplex located?
The property is located at 859 Lexington St Norfolk, VA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 2,400‑square‑foot duplex with two residential units; Cosmetic updating identified as the primary improvement scope; Property is being sold in as‑is condition
More about this property
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