Available
$140,000(ARV: $275,000)51% of ARV

Norfolk, VA 23508

3 bd2 ba927 sfBuilt 1925

1 day ago

Gross spread$135,000

Description

INVESTOR SPECIAL – VALUE-ADD OPPORTUNITY NEAR OLD DOMINION UNIVERSITY! Here's an opportunity for investors looking to get into the established Norfolk Highland Park neighborhood with strong rental demand, high flip returns and convenient access to local universities, shopping, and entertainment. This property offers the potential for a renovation project or fix and rent investment. Address: 4800 Killam Ave, Norfolk, VA 23508 ARV: $275k Rehab Budget: $60k - $65k Property Overview: Property Type: Single Family Bedroom: 3 Bathroom: 2 Living Area: 927 sqft Comps: 824 47th St - $274k 850 47th St - $305k 858 47th Street - $260k 825 48th St - $250k Features: 3 bedrooms / 2 bathroom Approximately 927 square feet 3,382-square-foot lot Potential renovation and resale opportunity Potential long-term rental or student housing investment Convenient location near Old Dominion University Location: Located in the Highland Park / Highland Park West area of Norfolk, this property is close to Old Dominion University and the surrounding University Village district. Enjoy convenient access to Hampton Boulevard, Colley Avenue, and the restaurants, coffee shops, and local businesses serving the ODU community. Downtown Norfolk, the Ghent district, waterfront attractions, shopping, and entertainment are also just a short drive away. With its proximity to Old Dominion University, major employment centers, and Norfolk's downtown amenities, this location offers investors several potential exit strategies. Call or text [contact details hidden] for more details!

$/sqft vs market

This deal$151/sqft
Market median$219/sqft
Difference−31% below

Median of 9 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet927
Lot size3,398 sf
Year built1925
ConditionFull Rehab
OccupancyVacant
ParkingStreet

Systems & condition

HeatingFurnace
Air conditioningNone
FoundationCrawlspace

Self-reported by the seller. Not inspected.

Property information

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