Charming Corner Lot in the Heart of Ghent! This stately triplex is ideally situated just minutes from Eastern Virginia Medical Center, the Chrysler Museum of Art, the Harrison Opera House, and downtown Norfolk. Featuring a washer and dryer in each unit, this property offers flexible potential—lease it in its current condition or renovate to maximize value. Units 1 (3 bedroom, 2 bath) and 2 (3 bedroom, 2 bath) are vacant, while Unit 3 (2 bedroom, 1.5 bath) is occupied on a month-to-month lease. With its prime location and historic charm, the property could potentially be reimagined as a stunning single-family residence. Buyer to perform due diligence with the City of Norfolk regarding conversion possibilities.
Sold
$585,000
346 Fairfax Ave, Norfolk, VA 23507
9beds
6baths
--sqft
Apartment
Built in 1902
-- sqft lot
$683,400 Zestimate®
$--/sqft
$1,939 Estimated rent
Home value
$683,400
$601,000 - $765,000
$1,939/mo
Zestimate® history
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Melanie Gniewek,
Better Homes & Gdns Ntv Am Grp 757-495-5500
Bought with:
Jake Maines
Iron Valley Real Estate HR
Source: REIN Inc.,MLS#: 10590802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Ceramic Tile
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: 2 Space, Assigned, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Details
- Parcel number: 20507022
- Zoning: HC-G1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Other, Brick, Stone
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Ghent
Location
- Region: Norfolk
Financial & listing details
- Tax assessed value: $611,600
- Annual tax amount: $7,440
- Date on market: 7/8/2025
- Electric utility on property: Yes
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,523 +1.1% | $611,600 +1.1% |
| 2024 | $7,440 -1.6% | $604,900 |
| 2023 | $7,561 +1.5% | $604,900 +1.5% |
| 2022 | $7,449 +3.6% | $595,900 +3.6% |
| 2021 | $7,191 +1.9% | $575,300 +1.9% |
| 2020 | $7,060 +4.5% | $564,800 +4.5% |
| 2019 | $6,759 +4.2% | $540,700 +4.2% |
| 2018 | $6,486 +11.6% | $518,900 +2.7% |
| 2017 | $5,810 | $505,200 -5.5% |
| 2016 | $5,810 +0.3% | $534,600 |
| 2015 | $5,795 | $534,600 |
| 2014 | $5,795 | $534,600 |
| 2013 | -- | $534,600 |
| 2012 | -- | $534,600 |
| 2011 | -- | $534,600 |
| 2010 | -- | $534,600 |
| 2009 | -- | $534,600 +1% |
| 2008 | -- | $529,200 -5% |
| 2007 | -- | $557,000 +5.2% |
| 2006 | -- | $529,400 +29.4% |
| 2005 | -- | $409,100 +46% |
| 2004 | -- | $280,200 +25.8% |
| 2003 | -- | $222,700 +9.2% |
| 2002 | -- | $204,000 +4.8% |
| 2001 | -- | $194,600 +3.3% |
| 2000 | -- | $188,310 |
Find assessor info on the county website
Neighborhood: Ghent
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Nearby schools
GreatSchools rating
- 8/10W.H. Taylor Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Blair Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Maury High SchoolGrades: 9-12Distance: 0.7 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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- Virginia
- Norfolk City
- Norfolk
- 23507
- Ghent
- 346 Fairfax Ave
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