2,400 sqft
$500,000
1139 E Leicester AVE, Norfolk VA, 23503
Price per sqft$208.33
Built in1931
Property size2,400 sqft
Property typeMulti-family
Overview
Active
Listed Oct 6, 2026
Updated 14h ago
Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex featuring two spacious 3BR/2BA units plus detached storage garage. Unit 1 is vacant and move-in ready. Unit 2 has a long-term tenant since 2021, currently month-to-month, offering flexibility. Extensive 2022 improvements include new roof, windows, updated electrical, downstairs HVAC, flooring, appliances and fresh paint. In 2026, an additional downstairs bathroom and tankless water heater were installed, creating two full baths in each unit and increasing rental potential. Historical annual rents exceeded $38K, with projected annual income of $45K. Ideal for investors or owner-occupants seeking rental income, flexibility and significant capital improvements already completed.
$3,327/mo
Est. mortgage payment based on a $500,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Other Property Details
- Taxes
- $2,433
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of BHHS RW Towne Realty
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