9284 Peachtree Street, Norfolk, VA 23503
- Added:
- Jun 15, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 15 at 6:06 pm
Property Features for 9284 Peachtree Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,900 SF
Taxes and HOA fees
- Tax Annual Amount
- 3638
Utilities
- Water front features
- Waterfront
Building Details
- Year built
- 1917
- Roof type
- Shingle
Listing agent Brian Zawacki (757) 499-5911
Listing office Keller Williams Realty Twn Ctr One Columbus Center #301, Virginia Beach, VA (757) 499-5911
Listing date Jun 15, 2026
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.
HighLights
- Updated duplex in Ocean View with waterfront feature
- Unit A: 4 bed, 1.5 bath, ~1,400 sqft; open floor plan; last rented at $2,250/mo
- Unit B: 1 bed, 1 bath, ~500 sqft; linear layout with large walk‑in closet; rented at $1,200/mo
- Separate water and electric metering; both units have stacked washer/dryer
- Recent upgrades include brand new kitchen and modern‑tile full bath in Unit A, plus a new back deck
- Two‑car driveway poured ~1.5 years ago; roof is shingle; Year built 1917; sold AS‑IS
Overview
Located in Ocean View, the home is listed as being less than a mile from the beach and the Ocean View Fishing Pier, with easy access to local restaurants, shops, and additional area destinations.
Designed for owner-occupants or investors seeking income-producing flexibility, this duplex provides two independent living spaces while keeping utility responsibility separate. Unit A’s larger layout and Unit B’s more compact configuration can support different tenant needs, and the in-unit laundry for both units adds day-to-day convenience. With the recent interior updates and refreshed outdoor features, the property is positioned as a straightforward duplex option in a coastal Norfolk area setting.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.6k | $19.80 |
| − Vacancy | −$2.1k | −$1.09 |
| EGI | $35.6k | $18.71 |
| − OpEx | −$10.7k | −$5.61 |
| NOI | $24.9k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk
- State
- Virginia
- Longitude
- -76.2629776
- Latitude
- 36.9490279
