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Property profile & analytics
FOR SALE
Apartment buildings

350 Staten St Norfolk, VA 23503

Built 1970
Property ID
US87-3362973
Property summary
AI-generated overview

Prime income-producing asset in Ocean View! Seize the chance to invest in a stunning, all-brick, fully renovated eight-unit apartment building just steps from the iconic Ocean View Pier, the beach, and minutes from the base. Every unit has been meticulously remodeled—fully furnished, custom cabinets, granite countertops, new appliances, all new windows. All eight-units are occupied, two units are thriving as mid-term rentals, often enjoyed by traveling nurses and contract professionals. The building also features on-site laundry and assigned parking. With immediate cash flow, a prime location near highways, parks, basketball courts, and bike paths, this is a hands-off, top-tier investment. Everything is done—no work needed. Please note, out of respect for the tenants, do not disturb, contact, or approach them directly. Act now—this rare coastal market gem won’t last! bikeScore: 49, Somewhat Bikeable walkScore: 23, Car-Dependent transitScore: 41, Some Transit

Property profile
Verified
Property type Apartment buildings
Year built 1970
UPID US87-3362973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Apartment Building Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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