Income-producing fourplex with projected gross rents of $4,540/month ($54,480 annually). Recent capital improvements include new roof and gutters (Dec 2025), exterior pressure washing, and storm doors. Each unit offers approximately 718 square feet with 2 BRs and 1 BA. Units 1 and 3 are leased at $1,095/month and Unit 2 is leased at $1,150/month. Unit 4 is currently vacant and offered at $1,200/month, providing immediate leasing or owner-occupant opportunity. Updates in Unit 2 include new LVP and carpet, fresh paint, updated bath fixtures and vanity, select replacement windows, newer baseboard heaters, A/C unit, and appliances. Similar updates completed in other units. All units are separately metered with tenants responsible for utilities, helping reduce operating expenses. First-floor storage room with W/D hookup provides additional utility. Three units currently leased with in-place income. Solid investment opportunity for portfolio expansion or entry into multi-family ownership.
Sold
$580,000
7449 Fenner St, Norfolk, VA 23505
8beds
4baths
2,872sqft
Quadruplex
Built in 1987
-- sqft lot
$582,100 Zestimate®
$202/sqft
$1,418 Estimated rent
Home value
$582,100
$553,000 - $611,000
$1,418/mo
Zestimate® history
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List your homeWhat's special
Exterior pressure washingStorm doorsFresh paintNew lvp and carpetNew roof and guttersSelect replacement windowsNewer baseboard heaters
Zillow last checked:
Listing updated:
Listed by:
Spencer Bass,
Greenbrier Real Estate & Appr. 757-547-5115
Bought with:
Jena Latuszek
Own Real Estate LLC
Source: REIN Inc.,MLS#: 10619557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Included: Electric Water Heater
Features
- Doors: Storm Door(s)
Interior area
- Total interior livable area: 2,872 sqft
Property
Features
- Fencing: Back Yard,Chain Link
- Waterfront features: Not Waterfront
Lot
- Size: 5,000 sqft
- Dimensions: 50' x 100'
Details
- Parcel number: 29238000
- Zoning: MF-NS
- Special conditions: Owner Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- Rehabilitated
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & neighborhood
Location
- Region: Norfolk
- Subdivision: Miller Heights
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,256 +6.5% | $427,300 +6.5% |
| 2024 | $4,934 +8.9% | $401,100 +10.7% |
| 2023 | $4,530 +16.2% | $362,400 +16.2% |
| 2022 | $3,899 +44% | $311,900 +44% |
| 2021 | $2,708 +9.1% | $216,600 +9.1% |
| 2020 | $2,483 +4.7% | $198,600 +4.7% |
| 2019 | $2,370 +9% | $189,600 +9% |
| 2018 | $2,174 +8.7% | $173,900 |
| 2017 | $2,000 | $173,900 -10.4% |
| 2016 | $2,000 -9.5% | $194,000 |
| 2015 | $2,210 | $194,000 |
| 2014 | $2,210 | $194,000 |
| 2013 | -- | $194,000 |
| 2012 | -- | $194,000 |
| 2011 | -- | $194,000 -2.8% |
| 2010 | -- | $199,600 -9% |
| 2009 | -- | $219,400 +2.1% |
| 2008 | -- | $214,900 +1.6% |
| 2007 | -- | $211,600 +24.8% |
| 2006 | -- | $169,500 +21.9% |
| 2005 | -- | $139,000 +7.8% |
| 2004 | -- | $129,000 +6.4% |
| 2003 | -- | $121,200 |
| 2002 | -- | $121,200 |
| 2001 | -- | $121,200 0% |
| 2000 | -- | $121,250 |
Find assessor info on the county website
Neighborhood: Partrea
Nearby schools
GreatSchools rating
- 4/10Suburban Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Northside Middle SchoolGrades: 6-8Distance: 1.9 mi
- 2/10Granby High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Suburban Park Elementary
- Middle: Northside Middle School
- 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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$582,100
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- Virginia
- Norfolk City
- Norfolk
- 23505
- Partrea
- 7449 Fenner St
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