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    817 Maury Ave Norfolk, VA 23517

    Sponsored
    For Sale
    $250,000

    Historic Charm, 6 Beds, 2 Baths

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Auction: This stunning brick duplex in Norfolk's desirable Ghent Historic District presents a rare opportunity. Boasting 3,922 square feet on a 0.11-acre lot, this 1910 home features 6 bedrooms and 2 bathrooms across two units. Original details like 10-foot ceilings, hardwood floors, crown molding, and large windows are complemented by recent updates including electrical work and window replacements. Each unit offers spacious living and dining areas, with the upper unit including a private courtyard accessible via a spiral staircase. Unique features include secret in-wall safes and original cast-iron tubs. Significant renovations are already complete, including exterior restoration and electrical upgrades, with materials for finishing the project included in the sale. The property is conveniently located near CHKD, EVMS, ODU, downtown Norfolk, and the waterfront, offering easy access to restaurants, shopping, and cultural attractions. The property will be sold "as-is" at a live auction on October 9th, 2024, at 11:00 am, with online bidding available. A public property tour is scheduled for October 2nd, 2024, at 9:30 am. The starting bid is $250,000. Pre-auction offers are accepted. Inspection reports are available online. This is an exceptional opportunity to own a piece of Norfolk history.

    Property Features for 817 Maury Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    4,792 SF

    HighLights

    • $250,000 asking price (starting bid at live auction on October 9th, 2024).
    • Mixed‑use brick duplex in Norfolk, VA's Ghent Historic District.
    • 3,922 square feet on a 0.11‑acre lot, built in 1910.
    • Six bedrooms and two bathrooms.
    • Property sold as‑is; pre‑auction offers accepted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    51710
    State
    Virginia
    Longitude
    -76.2995995
    Latitude
    36.8666646

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Charm, 6 Beds, 2 Baths
    Where is this mixed-use property 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: $250,000 asking price (starting bid at live auction on October 9th, 2024).; Mixed-use brick duplex in Norfolk, VA's Ghent Historic District.; 3,922 square feet on a 0.11-acre lot, built in 1910.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    817 Maury Ave Norfolk, VA 23517
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