Investor opportunity in Lamberts Point, just moments from the exciting new Railyard District & ODU. Currently rented through May 2027, this well maintained home offers immediate cash flow & a flexible floor plan with 3 bedrooms, 3 full bathrooms, plus two additional rooms that can serve as bedrooms, offices, or bonus spaces. The open, modern layout centers around an updated kitchen featuring quartz countertops, stainless steel appliances, & a spacious breakfast area. Part of the garage was enclosed to create a fantastic bonus room/bedroom while still preserving storage space. Outside, enjoy a large backyard complete with a storage shed & a covered outdoor living area. With strong rental income, versatile living space, & a prime location in one of Norfolk's fastest-growing neighborhoods, this property is a great addition to any investment portfolio.Portfolio sale opportunity available/preferred, call for more information.
For sale
$415,000
1321 W 27th St, Norfolk, VA 23508
3beds
2,024sqft
Single Family Residence
Built in 2005
-- sqft lot
$415,400 Zestimate®
$205/sqft
$-- HOA
What's special
Storage shedFlexible floor planLarge backyardSpacious breakfast areaQuartz countertopsOpen modern layoutUpdated kitchen
- 17 days |
- 216 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Mary Beck,
Howard Hanna Real Estate Svcs. 757-625-2580,
David Corliss,
Howard Hanna Real Estate Svcs.
Source: REIN Inc.,MLS#: 10641794
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: 1st Floor BR, Attic, Breakfast Area, PBR with Bath, Spare Room, Utility Room
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Primary Sink-Double, Walk-In Closet(s), Pantry
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
- Attic: Scuttle
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,024 sqft
Property
Parking
- Total spaces: 4
- Parking features: 4 Space, Converted Garage, Driveway, Converted Gar
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
- Fencing: Back Yard,Privacy,Fenced
- Waterfront features: Not Waterfront
- Frontage length: 45
Details
- Additional structures: Gazebo
- Parcel number: 12287600
- Zoning: SF-T
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Subdivision: Lamberts Point
HOA
- Has HOA: No
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $358,300
- Annual tax amount: $4,407
- Date on market: 6/27/2026
Estimated market value
$415,400
$395,000 - $436,000
$2,780/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,407 +2.1% | $358,300 +2.1% |
| 2024 | $4,317 +9.5% | $351,000 +11.3% |
| 2023 | $3,943 +12.7% | $315,400 +12.7% |
| 2022 | $3,498 +9% | $279,800 +9% |
| 2021 | $3,209 +9.6% | $256,700 +9.6% |
| 2020 | $2,929 | $234,300 |
| 2019 | $2,929 +5.3% | $234,300 +5.3% |
| 2018 | $2,781 +18.6% | $222,500 +4.5% |
| 2017 | $2,345 | $212,900 +5.1% |
| 2016 | $2,345 +0.7% | $202,500 |
| 2015 | $2,329 | $202,500 |
| 2014 | $2,329 | $202,500 |
| 2013 | -- | $202,500 |
| 2012 | -- | $202,500 -5.1% |
| 2011 | -- | $213,300 -0.8% |
| 2010 | -- | $215,000 +1.2% |
| 2009 | -- | $212,400 +1.1% |
| 2008 | -- | $210,000 +0.4% |
| 2007 | -- | $209,200 +16.6% |
| 2006 | -- | $179,400 +375.9% |
| 2005 | -- | $37,700 +219.5% |
| 2004 | -- | $11,800 |
| 2003 | -- | $11,800 |
| 2002 | -- | $11,800 |
| 2001 | -- | $11,800 +19.8% |
| 2000 | -- | $9,850 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lamberts Point
Nearby schools
GreatSchools rating
- 8/10W.H. Taylor Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Blair Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Maury High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Walter Herron Taylor Elementary
- Middle: Blair Middle
- High: Maury
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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