Aulegre Real Estate Team

Real Estate Agent
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1400 Melrose Parkway, Norfolk, VA 23508

 (Sold on )

$335,000

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 4 BedroomBeds
  • 2 BathroomBaths
  • 1,480Sqft
  • 0Acres
  • Single FamilyType
  • 10649799MLS#
-1 More Schedule

Property Description

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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Property Details 1400 Melrose Parkway, Norfolk, VA 23508

Facts & Features

  • MLS #: 10649799
  • Status: Active
  • Date Listed: 08/19/2026
  • Type: Single Family
  • Sub Type: Detached
  • Year Built: 1927
  • Price: $335,000
  • Acres: 0.12
  • Area: 11 - West Norfolk
  • County: Norfolk
  • Subdivision: LARCHMONT
  • Bedrooms: 4
  • Bathrooms: 2
  • Full Baths: 2
  • Total SqFt: 1,480

Schools

  • Elementary: Larchmont Elementary
  • Middle: Blair Middle
  • High: Maury

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