Exceptional Investment Opportunity in Prime Norfolk Location!!! Discover this rare opportunity to own a beautifully maintained, all-brick fourplex featuring spacious 2-bedroom units in one of Norfolk's most desirable investment neighborhoods. This turnkey property boasts strong curb appeal, professional landscaping, and a solid rental history, making it an ideal investment opportunity for both seasoned investors and first-time buyers. * Four 2-Bedroom Units - thoughtfully laid out and well-kept * Prime Location - high-demand area with virtually zero vacancy * Tenant-Paid Utilities- keep your expenses low and returns high * Reliable Cash Flow - 2 units currently leased and 2 vacant units have been rehabbed. * Pride of Ownership - brick construction, manicured grounds, & ongoing maintenance This property offers both immediate income potential and long-term appreciation. With Norfolk's rental market thriving, this is the kind of opportunity that doesn't come along often.
Sold
$500,000
736 C Ave, Norfolk, VA 23504
8beds
4baths
--sqft
Apartment
Built in 1986
-- sqft lot
$548,200 Zestimate®
$--/sqft
$1,100 Estimated rent
Home value
$548,200
$515,000 - $587,000
$1,100/mo
Zestimate® history
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List your homeWhat's special
Brick constructionManicured groundsAll-brick fourplexStrong curb appealProfessional landscaping
Zillow last checked:
Listing updated:
Listed by:
Greg Covington,
Shaffer Realty LLC 757-468-5000
Bought with:
Ricardo Sabogal
Real Broker LLC
Source: REIN Inc.,MLS#: 10586225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate/LVP, Vinyl
- Basement: Crawl Space
Property
Parking
- Total spaces: 4
- Parking features: 4 Space, Off Street
Features
- Stories: 2
Lot
- Size: 6,678 Square Feet
Details
- Parcel number: 08966980
- Zoning: I-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Frame, Aluminum Siding, Brick
- Roof: Asphalt Shingle
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Meter, Cable Connected
Community & HOA
Community
- Subdivision: Huntersville - 113
Location
- Region: Norfolk
Financial & listing details
- Tax assessed value: $442,800
- Annual tax amount: $5,060
- Date on market: 6/2/2025
- Electric utility on property: Yes
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,446 +7.6% | $442,800 +7.6% |
| 2024 | $5,060 +2.6% | $411,400 +4.3% |
| 2023 | $4,933 +15.4% | $394,600 +15.4% |
| 2022 | $4,275 +21.7% | $342,000 +21.7% |
| 2021 | $3,513 | $281,000 |
| 2020 | $3,513 +11.8% | $281,000 +11.8% |
| 2019 | $3,143 +4.7% | $251,400 +4.7% |
| 2018 | $3,003 +11.9% | $240,200 +1% |
| 2017 | $2,683 | $237,900 +1.2% |
| 2016 | $2,683 -0.7% | $235,000 |
| 2015 | $2,703 | $235,000 |
| 2014 | $2,703 | $235,000 |
| 2013 | -- | $235,000 |
| 2012 | -- | $235,000 -3.8% |
| 2011 | -- | $244,300 -0.6% |
| 2010 | -- | $245,700 -16.7% |
| 2009 | -- | $294,900 +2.4% |
| 2008 | -- | $288,100 |
| 2007 | -- | $288,100 +25.7% |
| 2006 | -- | $229,200 +33.6% |
| 2005 | -- | $171,600 +32.1% |
| 2004 | -- | $129,900 |
| 2003 | -- | $129,900 +11% |
| 2002 | -- | $117,000 +10% |
| 2001 | -- | $106,400 +2.3% |
| 2000 | -- | $103,990 |
Find assessor info on the county website
Neighborhood: Olde Huntersville
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Nearby schools
GreatSchools rating
- 4/10Lindenwood Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Blair Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Granby High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Lindenwood Elementary
- Middle: Blair Middle
- High: Granby
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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$548,200
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$559,164
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