For sale

Price cut: $41K (7/29)

$209,000

319 Ashlawn Dr, Norfolk, VA 23505

3beds

2baths

1,650sqft

$1,383/mo

Get pre-qualified

Duplex

Built in 1942

-- sqft lot

$-- Zestimate^®

$127/sqft

$-- HOA

What's special

Turnkey investment opportunity with immediate income potential. This under-over Cape Cod is tenant occupied and offers built-in cash flow from day one. The first-floor unit features 2 bedrooms, 1 bath, and approx. 1,000 sqft. while the upstairs unit offers 1 Bedroom and 1 Bath, creating a strong rental setup for investors looking to expand their portfolio. With existing tenants in place, this property offers the advantage of steady income and reduced vacancy concerns. Whether you are a seasoned investor or looking to start building wealth through real estate, this property checks the boxes for value, functionality, and income production. Don’t miss your chance to add a solid income-producing property to your portfolio. Schedule your showing today and explore the potential this investment has to offer.

131 days

734

39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Appliances

Included: Electric Water Heater

Features

Basement: Crawl Space

Interior area

Total interior livable area: 1,650 sqft

Property

Features

Fencing: None
Waterfront features: Not Waterfront

Details

Parcel number: 21541900
Zoning: R-11
Special conditions: Owner Agent

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Asbestos, Vinyl Siding
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Monticello Village

Location

Region: Norfolk

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $245,200
Annual tax amount: $2,731
Date on market: 4/8/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,832/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$3,016 +10.5%	$245,200 +10.5%
2024	$2,731 +0.7%	$222,000 +2.3%
2023	$2,713 +10.8%	$217,000 +10.8%
2022	$2,449 +6.6%	$195,900 +6.6%
2021	$2,296 +1.6%	$183,700 +1.6%
2020	$2,260 +8.5%	$180,800 +8.5%
2019	$2,083 +6.4%	$166,600 +6.4%
2018	$1,958 +8.5%	$156,600 -0.2%
2017	$1,804	$156,900 -4.7%
2016	$1,804 -1.3%	$164,600
2015	$1,827	$164,600
2014	$1,827	$164,600
2013	--	$164,600
2012	--	$164,600 -1.2%
2011	--	$166,600 -0.2%
2010	--	$167,000
2009	--	$167,000
2008	--	$167,000
2007	--	$167,000 +19.6%
2006	--	$139,600 +34.2%
2005	--	$104,000 +11.9%
2004	--	$92,900 +13.3%
2003	--	$82,000 +2.8%
2002	--	$79,800 +1.9%
2001	--	$78,300 +0.7%
2000	--	$77,740