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    Norfolk, VA Triplexes for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA
    Balview Triplex Investment Opportunity
    $289,000
    1,603 SF

    Balview Triplex Investment Opportunity

    256 W Balview Ave, Norfolk, VA 23503

    Income-producing triplex in Balview, close to amenities.

    • Income‑producing triplex: Provides immediate rental income.
    • Prime location: Close to beaches, schools, and shopping.
    • Desirable area: Located in the sought‑after Balview neighborhood.
    • Flexible living options: Live in one unit and rent the others.
    • Elevated setting: Offers added privacy and appeal.
    Updated: Feb 20
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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.

    Ginter Park Triplex Opportunity
    $450,000
    1,926 SF

    Ginter Park Triplex Opportunity

    Rare triplex in Ginter Park Terrace, perfect for rental income.

    3020 Edgewood Avenue, Richmond, VA 23222
    View details
    Fan District Triplex For Sale
    $899,000
    3,687 SF

    Fan District Triplex For Sale

    Richmond triplex in the Fan District with strong rental potential.

    1615 W Grace St, Richmond, VA 23220
    View details
    Modernized Multifamily Residence
    $485,000

    Modernized Multifamily Residence

    Three-unit property in Congress Heights with strong rental potential.

    107 JOLIET St SW, Washington, DC 20032
    View details
    Income-Producing Brick Triplex Opportunity
    $425,000

    Income-Producing Brick Triplex Opportunity

    Income-producing triplex with updated unit and strong rental income.

    182 JOLIET St SW, Washington, DC 20032
    View details

    Norfolk, VA Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 1,603 square feet of properties for sale, with an estimated market value of $289,000.

    Sale prices for three-family homes in Norfolk, VA start at $289,000, averaging $289,000, and reaching up to $289,000 — 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 14
    Apartment buildings 10
    Quadplexes 5
    Short term rental properties 1
    Triplexes 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 Strategic 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 $289K

    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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