Triplex

Norfolk, VA Triplexes for Sale

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Side-by-Side Triplex
Updated: Oct 22
Side-by-Side Triplex

2224 Marshall Avenue, Norfolk, VA 23504

$499,000
2,100 sqft
Three apartments, each with 2 bedrooms and 1 full bath
2,100 square feet; side‑by‑side triplex configuration
Unit renovations: A in 2021, B in 2025, and C in 2023
New roof installed in 2023; exterior painted in 2024
R‑8 zoning; tenants pay all utilities
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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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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.

Oceanfront 3-Unit Residential Property
Oceanfront 3-Unit Residential Property

316 16th Street, Virginia Beach, VA 23451

$995,000
2,946 sqft

Three separate living spaces offer a range of residential configurations near the Virginia Beach Oceanfront.

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Three-Unit Oceanfront Triplex
Three-Unit Oceanfront Triplex

316 16th St, Virginia Beach, VA 23451

$995,000
2,946 sqft

Three distinct residences offer a mix of bedroom layouts near the Virginia Beach Oceanfront.

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Triplex with Detached Garage
Triplex with Detached Garage

1510 Parker Avenue, Portsmouth, VA 23704

$459,000
3,460 sqft

Three residences have separate utility meters, and the property includes a garage apart from the main dwelling.

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Brick Triplex with Screened Porch
Brick Triplex with Screened Porch

3824 Turnpike Rd, Portsmouth, VA 23701

$300,000
2,171 sqft 0.50 AC lot

Three-unit brick property with separate entrances, shared laundry, storage, and substantial outdoor space.

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Norfolk, VA Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 2,100 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for three-family homes in Norfolk, VA average $499,000 — 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 59
Apartment buildings 20
Quadplexes 5
Short term rental properties 1
Triplexes 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)

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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