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    Three-Unit Triplex with Back Deck
    Updated: Jul 10
    Three-Unit Triplex with Back Deck

    244 Ethel Avenue, Norfolk, VA 23504

    $499,900
    2,250 sqft
    Triplex in Norfolk’s River View neighborhood built in 1918 with shingle roof and waterfront features
    Hardie board plank siding plus a back deck
    Apt 1: 2 bed, 1 full bath, full kitchen and spacious living area; leased month‑to‑month at $1,225/mo
    Apt 2: 1‑bedroom efficiency layout with its own kitchen and full bath; leased at $900/mo on a one‑year lease
    Apt 3: renovated with brand‑new kitchen (custom cabinetry and quartz countertops), tiled walk‑in shower and dedicated office space; Lafayette River views
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    This listing looks promising.

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    244 Ethel Avenue, Norfolk, VA 23504

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $421K
      Suggested

    • Property Type

      Triplex
      Built 1918
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Norfolk County, VA, we suggest exploring several alternatives:

    Norfolk County, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Norfolk County, VA on our real estate platform. These investment opportunities span a total of 2,250 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for three-family homes in Norfolk County, VA start at $499,900, averaging $499,900, and reaching up to $499,900 — 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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