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    Norfolk, VA
    Triplex

    Norfolk, VA Triplexes for Sale

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    Waterfront Triplex
    Updated: Dec 10, 2025
    Waterfront Triplex

    3941 Omohundro Avenue, Norfolk, VA 23504

    $455,000
    2,730 sqft
    Triplex with 2,730 square feet of property size
    Waterfront features included
    R‑8 zoning
    Built in 1922
    Shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    3941 Omohundro Avenue, Norfolk, VA 23504

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $511K
      Above asking

    • Property Type

      Duplex
      Built 1922
    View Property Analytics
    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.

    3-Unit Triplex with Porch
    3-Unit Triplex with Porch

    408 N Catherine Street, Ahoskie, NC 27910

    $110,000
    704 sqft 0.12 AC lot

    Wood-frame multifamily property with three residential units, public water, zoned heating and cooling, and on-street parking.

    View details
    Three-Unit Triplex with Updates
    Three-Unit Triplex with Updates

    408 N Catherine St, Ahoskie, NC 27910

    $110,000
    704 sqft

    Three-unit residential property with completed major repairs and additional improvements remaining.

    View details
    Renovation-Ready Triplex
    Renovation-Ready Triplex

    318 E Westover Avenue, Colonial Heights, VA 23834

    $219,900
    2,884 sqft 0.14 AC lot

    Three-unit residential property with separate gas meters, public water and sewer, and a unit mix of two- and one-bedroom apartments.

    View details
    Triplex Property with Separate Gas Meters
    Triplex Property with Separate Gas Meters

    318 E Westover Ave, Colonial Heights, VA 23834

    $219,900

    Three-unit residential building requiring full renovation and offered in its existing condition.

    View details

    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 2,730 square feet of properties for sale, with an estimated market value of $455,000.

    Sale prices for three-family homes in Norfolk, VA average $455,000 — 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 34
    Apartment buildings 24
    Quadplexes 9
    Triplexes 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
    23504 $477.5K

    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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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23504

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: 17575872800
    www.judyboonerealty.com

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