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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Short Term Rental for sale in Norfolk, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

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

521 Monroe Avenue, Cape Charles, VA 23310

$889,000
3,072 sqft

Two furnished residences offer separate kitchens, patios, and off-street parking.

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Renovated Coastal Duplex
Renovated Coastal Duplex

610-612 PEACH ST, Cape Charles, VA 23310

$699,000
2,000 sqft 0.06 AC lot

Two furnished units offer flexible coastal lodging, private outdoor areas, and separate kitchenettes.

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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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12-Unit Short-Term Rental Portfolio
12-Unit Short-Term Rental Portfolio

2007 Baltic Avenue, Virginia Beach, VA 23451

$9,950,000
29,590 sqft 0.45 AC lot

Fee-simple townhomes within Virginia Beach’s short-term rental overlay district.

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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 58
Apartment buildings 20
Quadplexes 4
Triplexes 2
Short term rental properties 1

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 average listing prices of real estate assets

Neighborhood Average Price
23503 $575K

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Norfolk city

Residential Income

Property Size Breakdown

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

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