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    Norfolk, VA Quadplexes for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA
    Bayfront Investment Opportunity in Norfolk
    $2,000,000
    4,020 SF

    Bayfront Investment Opportunity in Norfolk

    840 W Ocean View Avenue, Norfolk, VA 23503

    Rare bayfront duplex and four-unit building package for sale.

    • Rare bayfront duplex with private beach access and panoramic water views on the Chesapeake Bay
    • Package sale includes a bayfront duplex and a well‑maintained four‑unit building
    • Strong income potential from renting both units of the duplex or the four‑unit building
    • Flexible options: live in one side of the duplex and rent the other, rent both, or convert to a single‑family home (subject to approvals)
    • Ideal for boating, fishing, kayaking, and enjoying sunsets
    Updated: Mar 3
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    Waterfront Quad Multifamily Investment Opportunity
    $1,600,000
    3,810 SF

    Waterfront Quad Multifamily Investment Opportunity

    765 48th Street, Norfolk, VA 23508

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

    • Rare waterfront property with direct deep water creek access.
    • Investment opportunity with quad multifamily units and 16 docks/boat slips.
    • Updated dock improvements (2026) including electrical and plumbing.
    • Large finished basement with full bath, heating/cooling, refrigerator, and sink.
    • Units 1 & 3 freshly painted (2025) with updated electrical and appliances.
    Updated: May 11
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    Turnkey Quadplex Near the Bay
    $898,000
    3,200 SF

    Turnkey Quadplex Near the Bay

    Quadplex with rental history and renovation, near the bay.

    1439 W Ocean View Avenue, Norfolk, VA 23503
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    Norfolk Multifamily Investment Opportunity
    $422,000
    3,420 SF

    Norfolk Multifamily Investment Opportunity

    Multifamily property in Norfolk, VA with strong rental history.

    830 Fremont Street, Norfolk, VA 23504
    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Rocky Mount Multifamily Investment Package
    $260,000
    2,280 SF

    Rocky Mount Multifamily Investment Package

    Two adjacent duplexes offered as a single investment package.

    642 Cleveland Street, Rocky Mount, NC 27803
    View details
    Rocky Mount Multifamily Investment Opportunity
    $195,000
    1,224 SF

    Rocky Mount Multifamily Investment Opportunity

    Four units across two duplexes, immediate income and value-add potential.

    401 Dexter Street, Rocky Mount, NC 27803
    View details
    Fan District Quadplex Investment
    $800,000
    2,694 SF

    Fan District Quadplex Investment

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

    2607 W Grace St, Richmond, VA 23220
    View details
    Richmond Multifamily Investment Opportunity
    $249,900
    1,200 SF

    Richmond Multifamily Investment Opportunity

    Four-unit property near downtown Richmond with income potential.

    2513 Bainbridge St, Richmond, VA 23225
    View details

    Norfolk, VA Quadplexes Investment Opportunities Market Analysis

    Explore 4 quadplexes for sale in Norfolk, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,098 square feet of properties for sale, with an estimated market value of $5,098,000.

    Sale prices for four-unit buildings in Norfolk, VA start at $600,000, averaging $1,274,500, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 15
    Apartment buildings 14
    Quadplexes 5
    Triplexes 2
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

    Demographics Overview

    Population 235K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

    Identify Norfolk submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    23503 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per sq ft
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Norfolk, VA

    • 23503
    • 23505
    • 23508

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