Norfolk, VA Quadplexes for sale

Updated: Jul 2

Four-Unit Multifamily Quadplex

2061 E Ocean View Avenue, Norfolk, VA 23503

$430,000

3,212 sqft

Directly across the street from the Chesapeake Bay
Four‑unit multifamily in Ocean View with four 2‑bedroom apartments
Each unit has separate electric service
All windows are being replaced
All units are occupied with a rental history

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This listing looks promising.

Here's a quick look at some key insights for

2061 E Ocean View Avenue, Norfolk, VA 23503

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$38K
Annual
Mortgage

$199K
Mar 2019
Last Sold

Mar 2019
$265K
Property Type

Quadplex
Built 1952

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Updated: Jul 2

Four-Unit Multifamily Property

2057 E Ocean View Avenue, Norfolk, VA 23503

$470,000

3,312 sqft

Four‑unit multifamily directly across the street from the Chesapeake Bay
Unit mix: two 1‑bedroom and two 2‑bedroom apartments
Each apartment has separate electric service
All windows are being replaced; roof is shingle; year built 1965
Water, sewer, and trash are included in rent; all units are occupied

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Four-Unit Apartment Building

143 W Balview Avenue, Norfolk, VA 23503

$650,000

2,600 sqft

Four 1BR/1BA units with separate gas and electric meters, plus shared water and on-site laundry.

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Four-Unit Quadplex for Sale

840 W Ocean View Avenue, Norfolk, VA 23503

$1,850,000

4,020 sqft

Well-maintained four-unit quadplex with in-unit washer and dryer for each unit.

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Quadruplex with Individually Metered Units

410 W 28th Street, Norfolk, VA 23508

$750,000

3,700 sqft

Four recently updated units with individual meters offer a straightforward residential income setup in Norfolk’s Park Place area.

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Waterfront Quad Multifamily Investment Opportunity

765 48th Street, Norfolk, VA 23508

$1,600,000

3,810 sqft

Unique waterfront quad with dock, ideal for investors/owner-occupants.

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Turnkey Quadplex with Private Decks

1439 W Ocean View Avenue, Norfolk, VA 23503

$898,000

3,200 sqft

Turnkey quadplex offers separate electric metering and private decks for each unit.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Colonial Multifamily with Courtyard

2125 Grove Avenue, Richmond, VA 23220

$1,080,000

4,804 sqft 0.12 AC lot

Colonial-style income property with 10-foot ceilings, hardwood floors, and recent roof, window, and appliance updates.

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Rocky Mount Quadruplex: Investor Special

2004 S Church Street, Rocky Mount, NC 27803

$145,000

3,968 sqft 0.30 AC lot

Four-unit property in Rocky Mount with significant upside potential.

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Fan District Quadplex Investment

2607 W Grace St, Richmond, VA 23220

$800,000

2,694 sqft

Classic 1910 brick quadplex in Richmond's desirable Fan District.

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Rocky Mount Multifamily Duplex

816 Nashville Road, Rocky Mount, NC 27803

$139,900

1,704 sqft

Duplex in Rocky Mount, NC, renovated in 2020.

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Norfolk, VA Quadplexes Market Trends and Statistics

Explore 7 quadplexes for sale in Norfolk, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 23,854 square feet of properties for sale, with an estimated market value of $6,648,000.

Sale prices for four-unit buildings in Norfolk, VA start at $430,000, averaging $949,714, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
23518	$775K
23503	$1.4M
23508	$1.6M

Neighborhood

Average Price

23518

$775K

23503

$1.4M

23508

$1.6M