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Beds4
Baths2
Sq.Ft.1,480
Year1927
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Mark Hanson
(480) 217-1744ASAP
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Status:
Active
Property Type:Detached
MLS #:10649799
Sq. Feet:1,480
On Site:58 Days
Lot Size:0.12 Acres
County:Norfolk
INVESTMENT OPPORTUNITY NEAR ODU WITH TENANTS IN PLACE! Add a Norfolk rental property to your portfolio with immediate income from day one. This 4-bedroom, 2-bath bungalow is currently leased through June 2027 at $2,500 per month, eliminating the need to immediately locate and place tenants. Located just a few minutes walk from Old Dominion University and a few minutes drive to Naval Station Norfolk, area shipyards, downtown Norfolk and major interstates, the property is well positioned in an area with multiple sources of rental demand. The home offers approximately 1,480 square feet and features a renovated kitchen, hardwood floors, spacious living areas, an upstairs bath, fenced yard, detached storage and ample off-street parking. Whether you're expanding an existing portfolio or purchasing your first investment property, this is an opportunity to acquire an income-producing property with tenants already in place.
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Community Information
Address:
1400 Melrose Parkway, Norfolk, VA 23508
Area:
11 - West Norfolk
County:
Norfolk
City:
Norfolk
Neighborhood:
Edgemere
Subdivision:
Larchmont
Zip Code:
23508
School Information
High School:
Maury
Middle School:
Blair
Elementary School:
Larchmont
Architecture
Bedrooms:
4
Bathrooms:
2
Year Built:
1927
Stories:
2
Style:
Bungalow
Exterior:
Aluminum, Brick
Roof:
Asphalt Shingle
Features / Amenities
Appliances:
220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Interior Features:
Fireplace Decorative
Flooring:
Ceramic, Wood
Rooms:
1st Floor BR, Porch, Utility Room
Parking:
3 Space, Off Street, Driveway Spc, Street
Cooling:
Central Air, Window/Wall
Heating:
Forced Hot Air, Nat Gas
Water Heater:
Gas
Total Rooms:
7
Property Features
Lot Size:
0.12 Acres
Disclosure:
Disclosure Statement
Sewer:
City/County
Water:
City/County
Fence:
Back Fenced, Chain Link
Tax and Financial Info
Tax Amount:
$4, 053
Home Owner Assoc. (HOA):
No
Listing Office
Listing provided courtesy of Own Real Estate LLC.
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1400 Melrose Parkway Norfolk, VA 23508
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Listing Information Last Updated 10/15/2026
