Short Term Rental

Norfolk, VA Short Term Rental Properties for Sale

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Waterfront Duplex with Garage Apartment
Updated: Sep 3
Waterfront Duplex with Garage Apartment

937 Little Bay Avenue, Norfolk, VA 23503

$575,000
1,600 sqft
Waterfront property directly on Little Bay with a private sandy beach
1,600 SF duplex configuration with a 2‑bedroom, 1‑bath cottage
Detached 1‑bedroom garage apartment currently rented
Separate electrical service for the main home and garage apartment
Shared water meter serving both residences
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See hot listings in Norfolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Renovated Side-by-Side Duplex
Renovated Side-by-Side Duplex

521 Monroe Avenue, Cape Charles, VA 23310

$899,000
3,072 sqft

Two furnished residences combine updated interiors, private outdoor areas, and flexible long- and short-term occupancy options.

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Furnished Duplex Near Beach
Furnished Duplex Near Beach

4401 Ocean View Ave, Virginia Beach, VA 23455

$1,250,000
3,536 sqft

Updated kitchens and bathrooms support furnished short-term rental operations near beach access and local restaurants.

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Multifamily Townhome Portfolio
Multifamily Townhome Portfolio

2007 Baltic Ave, Virginia Beach, VA 23451

$9,950,000
29,590 sqft

Fee-simple ownership across a residential portfolio near the beach and boardwalk.

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Historic Furnished Duplex
Historic Furnished Duplex

307-309 RANDOLPH AVE, Cape Charles, VA 23310

$960,000
3,656 sqft 0.13 AC lot

Two residences offer flexible layouts with updated kitchens, period details, and furnished interiors near the beach.

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Norfolk, VA Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for short term rental properties in Norfolk, VA average $575,000 — 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

Commercial property segments ranked by active listings on the market

Duplexes 52
Apartment buildings 20
Quadplexes 5
Short term rental properties 1

Demographics Overview

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

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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