Awesome Opportunity To Own A 4-Plex Next To Old Dominion University Football Stadium And Campus! Rental Income Potential $4500-$5500. Unit 1B Has Just Been Renovated With New Stainless Appliances, New Paint, New Lvp Flooring & New Carpet.Has back door onto deck! New tenant ..lease ends 11/30/25.Rent $1195... Unit 1A Was Also Recently Renovated With New Kitchen Appliances, Cabinets, Countertops, LVP Flooring.New tenant ..lease ends 11/30/25...Rent $995...Unit 2A...Vacant and Being Renovated ...Bath Has Recently Been Remodeled..Heat Pump 10/2023.Unit 2B...month to month tenant..Rent $1094.50 Great Opportunity For Instant Cash Flow. Near A Bus Line, Restaurants, Shopping, Bases And Schools. On Site parking Spaces.. For Up To 4 Cars Which Is Unusual In This Area. Community Laundry Room. Tenants Pay Their Own Utilities. Owner Pays House Meter. Don’t Miss This Chance To Own This 4-Plex Next To ODU!
Sold
$490,000
1526 W 40th St, Norfolk, VA 23508
8beds
4baths
3,050sqft
Quadruplex
Built in 1905
-- sqft lot
$529,100 Zestimate®
$161/sqft
$2,496 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 18, 2025 at 02:09am
Listed by:
Judy Reed,
Judy Reed Realty
Bought with:
Vanita Uttam
1st Class RealEstate Integrity
Source: REIN Inc.,MLS#: 10564163

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 3,050 sqft
Property
Features
- Patio & porch: Deck
- Fencing: Partial
- Waterfront features: Not Waterfront
Details
- Parcel number: 43244400
- Zoning: R-8
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & neighborhood
Location
- Region: Norfolk
- Subdivision: Lamberts Point
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$529,100
2% more+ $10,582
With Zillow Showcase(estimated)
$539,682