For sale

$650,000

143 W Balview Ave, Norfolk, VA 23503

4beds

4baths

2,600sqft

$4,301/mo

Get pre-qualified

Quadruplex

Built in 1900

-- sqft lot

$644,600 Zestimate^®

$250/sqft

$-- HOA

What's special

New fencingLvp flooringRing cameras that conveyNew cabinets

Exceptional income producing property just one block from the beach! This 4-unit apartment building features four 1BR/1BA units, all currently rented with tenants who wish to renew, providing immediate income. Appointment needed for showings. Recent updates include new mini-split HVAC systems in all units (2023), fresh interior paint (2024), new roof (2020), new PVC plumbing, new fencing, and Ring cameras that convey. Units are separately metered for gas and electric with one shared water meter. Units 1, 3, and 4 share a common washer/dryer, while Unit 2 has its own private washer/dryer plus a renovated kitchen with quartz countertops, new cabinets, and appliances (2023). Unit 3 features updated cabinets, countertops, appliances, and LVP flooring. Unit 4 includes a new tiled shower (2024). Bonus common laundry/storage room. Walk to the beach, restaurants, shopping, and public transit.

66 days
482
29

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Appliances

Included: Electric Water Heater

Features

Basement: Crawl Space

Interior area

Total interior livable area: 2,600 sqft

Property

Features

Fencing: Back Yard
Waterfront features: Not Waterfront

Details

Parcel number: 38751800
Zoning: R-12

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Ocean View

Location

Region: Norfolk

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $436,300
Annual tax amount: $5,366
Date on market: 6/27/2026

Estimated market value

$644,600

$612,000 - $677,000

$2,086/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$5,366 0%	$436,300 0%
2024	$5,368 +23.2%	$436,400 +25.2%
2023	$4,356 +7.1%	$348,500 +7.1%
2022	$4,069 +56.9%	$325,500 +56.9%
2021	$2,594 +8.2%	$207,500 +8.2%
2020	$2,398 +2.8%	$191,800 +2.8%
2019	$2,331 +4%	$186,500 +4%
2018	$2,241 +10.2%	$179,300 +1.4%
2017	$2,033	$176,800 +3.9%
2016	$2,033 +7.5%	$170,200
2015	$1,891	$170,200
2014	$1,891	$170,200
2013	--	$170,200
2012	--	$170,200 -4%
2011	--	$177,200
2010	--	$177,200 -6.2%
2009	--	$188,900 -8.7%
2008	--	$206,900
2007	--	$206,900 +20.9%
2006	--	$171,100 +30.5%
2005	--	$131,100 +24%
2004	--	$105,700 +15.5%
2003	--	$91,500 +5.1%
2002	--	$87,100 +3.6%
2001	--	$84,100 +0.9%
2000	--	$83,310