Building Details

Year Built 1975

Stories 2

Listing Agency: Marcus & Millichap - Hampton Roads

Listed By: Altay Uzun · License #VA 0225214405

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 7:56PM

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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.

The property consists of two two-story, 1975-built multifamily buildings containing a total of eighteen (18) one-bedroom, one-bathroom units. The buildings are situated on 0.34 acres.

For Sale.

Key Highlights

• 18 one‑bedroom, one‑bath units in two two‑story buildings
• Buildings were built in 1975
• Property sits on 0.34 acres

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Building Supply Spa & Massage Center Real Estate Agency Hair 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.

Lease Details

18

Residential units

Location Intelligence

Trade Area within ½ mile

137

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

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?

Apartment building - Two 1975-built two-story buildings offer eighteen one-bedroom, one-bath units on 0.34 acres.

Where is this apartment building located?

The property is located at 9603 11th Bay St Norfolk, VA.

What are key features of this property?

This property features: 18 one‑bedroom, one‑bath units in two two‑story buildings; Buildings were built in 1975; Property sits on 0.34 acres