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Pending
  • $215,000

    859 Lexington St, Norfolk, VA 23504

    --beds
    --baths
    2,400sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1899
    -- sqft lot
    $219,200 Zestimate®
    $90/sqft
    $-- HOA

    What's special

    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!
    11 days
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    788
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jasmine Douglas 804-709-9852,

    Next Level Real Estate Group LLC

    Source: CVRMLS,MLS#: 2617834MLS LogoOriginating 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: $90/sqft
      • Tax assessed value: $232,700
      • Annual tax amount: $2,862
      • Date on market: 6/29/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $219,200

        $208,000 - $230,000

        $1,236/mo

        Price history

        DateEventPrice
        7/1/2026Pending sale$215,000$90/sqft
        Source: CVRMLS #2617834 Report a problem
        6/27/2026Listed for sale$215,000-1.4%$90/sqft
        Source: CVRMLS #2617575 Report a problem
        5/28/2026Listing removed$218,000$91/sqft
        Source: CVRMLS #2607016 Report a problem
        4/4/2026Listed for sale$218,000$91/sqft
        Source: CVRMLS #2607016 Report a problem
        3/24/2026Pending sale$218,000$91/sqft
        Source: CVRMLS #2607016 Report a problem
        3/21/2026Price change$218,000-8%$91/sqft
        Source: CVRMLS #2607016 Report a problem
        11/12/2025Price change$236,9000%$99/sqft
        Source: CVRMLS #2526478 Report a problem
        11/1/2025Price change$237,000-6%$99/sqft
        Source: CVRMLS #2526478 Report a problem
        10/7/2025Listed for sale$252,000$105/sqft
        Source: CVRMLS #2526478 Report a problem
        9/21/2025Pending sale$252,000$105/sqft
        Source: CVRMLS #2526478 Report a problem
        9/19/2025Listed for sale$252,000+33.3%$105/sqft
        Source: CVRMLS #2526478 Report a problem
        12/6/2021Sold$189,000$79/sqft
        Source: Public Record Report a problem
        11/5/2021Contingent$189,000$79/sqft
        Source: REIN Inc. #10407058 Report a problem
        10/18/2021Listed for sale$189,000+18.1%$79/sqft
        Source: REIN Inc. #10407058 Report a problem
        6/12/2020Listing removed$160,000$67/sqft
        Source: Doud Realty Services Inc. #10321061 Report a problem
        5/25/2020Listed for sale$160,000+34.5%$67/sqft
        Source: Doud Realty Services Inc. #10321061 Report a problem
        11/1/2011Listing removed$119,000$50/sqft
        Source: Prudential Towne Realty #1107386 Report a problem
        4/6/2011Price change$119,000-8.5%$50/sqft
        Source: Prudential Towne Realty #1107386 Report a problem
        2/23/2011Listed for sale$130,000$54/sqft
        Source: Prudential Towne Realty #1107386 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Olde Huntersville

        Getting around

        55 / 100
        Somewhat Walkable
        60 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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