Cosmetic Repairs only- Investor Special! Don't miss this cash-flow opportunity in a rapidly growing area of Norfolk. This duplex requires only cosmetic updates, making it the perfect value-add investment for your rental portfolio or fix-and-hold strategy. With solid bones and strong rental potential, this property offers the chance to build equity without a major renovation. Located just 15 minutes from the beach, with convenient access to military bases, shopping, dining, downtown Norfolk, and major interstates, the location is ideal for attracting long-term tenants. Whether you're a seasoned investor or looking to expand your portfolio, this is an excellent opportunity to own an income-producing property in a high-demand rental market. Sold As-Is. Inspection is for informational purposes only. Schedule your showing today!
Pending
Price cut: $6K (8/7)
$199,000
859 Lexington St, Norfolk, VA 23504
--beds
--baths
2,400sqft
Duplex, Multi Family, Multi Family
Built in 1899
-- sqft lot
$194,000 Zestimate®
$83/sqft
$-- HOA
What's special
- 72 days
- 42
- 4
Zillow last checked:
Listing updated:
Listed by:
Jasmine Douglas 804-709-9852,
Next Level Real Estate Group LLC 804-709-9852
Source: CVRMLS,MLS#: 2617834
Originating MLS: Central Virginia Regional MLS
Facts & features
Interior
Features
- Has basement: No
- Attic: Access Only
Interior area
- Total interior livable area: 2,400 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,018 Square Feet
Details
- Parcel number: 08597900
- Zoning description: R-8
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $232,700
- Annual tax amount: $2,862
- Date on market: 7/10/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Estimated market value
$194,000
$184,000 - $204,000
$1,326/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $199,000$83/sqft |
Source: | ||
| 8/7/2026 | Price change | $199,000-2.9%$83/sqft |
Source: | ||
| 7/24/2026 | Price change | $205,000-4.6%$85/sqft |
Source: | ||
| 7/21/2026 | Price change | $214,9000%$90/sqft |
Source: | ||
| 7/13/2026 | Listed for sale | $215,000$90/sqft |
Source: | ||
| 7/1/2026 | Pending sale | $215,000$90/sqft |
Source: | ||
| 6/27/2026 | Listed for sale | $215,000-1.4%$90/sqft |
Source: | ||
| 5/28/2026 | Listing removed | $218,000$91/sqft |
Source: | ||
| 4/4/2026 | Listed for sale | $218,000$91/sqft |
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| 3/24/2026 | Pending sale | $218,000$91/sqft |
Source: | ||
| 3/21/2026 | Price change | $218,000-8%$91/sqft |
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| 11/12/2025 | Price change | $236,9000%$99/sqft |
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| 11/1/2025 | Price change | $237,000-6%$99/sqft |
Source: | ||
| 10/7/2025 | Listed for sale | $252,000$105/sqft |
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| 9/21/2025 | Pending sale | $252,000$105/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $252,000+33.3%$105/sqft |
Source: | ||
| 12/6/2021 | Sold | $189,000$79/sqft |
Source: Public Record Report a problem | ||
| 11/5/2021 | Contingent | $189,000$79/sqft |
Source: | ||
| 10/18/2021 | Listed for sale | $189,000+18.1%$79/sqft |
Source: | ||
| 6/12/2020 | Listing removed | $160,000$67/sqft |
Source: Doud Realty Services Inc. #10321061 Report a problem | ||
| 5/25/2020 | Listed for sale | $160,000+34.5%$67/sqft |
Source: Doud Realty Services Inc. #10321061 Report a problem | ||
| 11/1/2011 | Listing removed | $119,000$50/sqft |
Source: Prudential Towne Realty #1107386 Report a problem | ||
| 4/6/2011 | Price change | $119,000-8.5%$50/sqft |
Source: Prudential Towne Realty #1107386 Report a problem | ||
| 2/23/2011 | Listed for sale | $130,000$54/sqft |
Source: Prudential Towne Realty #1107386 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,862 +6.8% | $232,700 +6.8% |
| 2024 | $2,679 +3% | $217,800 +4.7% |
| 2023 | $2,600 +12.9% | $208,000 +12.9% |
| 2022 | $2,303 +20.2% | $184,200 +20.2% |
| 2021 | $1,915 | $153,200 |
| 2020 | $1,915 +12.2% | $153,200 +12.2% |
| 2019 | $1,706 +4.2% | $136,500 +4.2% |
| 2018 | $1,638 +12.5% | $131,000 +1% |
| 2017 | $1,456 | $129,700 +5.9% |
| 2016 | $1,456 +3.3% | $122,500 |
| 2015 | $1,409 | $122,500 |
| 2014 | $1,409 | $122,500 |
| 2013 | -- | $122,500 |
| 2012 | -- | $122,500 -2.6% |
| 2011 | -- | $125,800 |
| 2010 | -- | $125,800 -17.1% |
| 2009 | -- | $151,800 +2.6% |
| 2008 | -- | $147,900 +8.8% |
| 2007 | -- | $135,900 +12.3% |
| 2006 | -- | $121,000 +32.8% |
| 2005 | -- | $91,100 +31.6% |
| 2004 | -- | $69,200 |
| 2003 | -- | $69,200 +10.9% |
| 2002 | -- | $62,400 +9.9% |
| 2001 | -- | $56,800 +1.7% |
| 2000 | -- | $55,840 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Olde Huntersville
Nearby schools
Schools provided by the listing agent
- Elementary: Bay View
- Middle: Lake Taylor
- High: Lake Taylor
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




