$280,000 | 1551 Spruce Street Street Norfolk, VA 23502
DISCOVER A FANTASTIC INVESTMENT OPPORTUNITY AT 1551 SPRUCE STREET IN NORFOLK! THIS SIDE-BY-SIDE DUPLEX OFFERS TWO DISTINCT RENTAL UNITS WITH A COMBINED MONTHLY RENTAL INCOME OF $2,700. UNIT A FEATURES 3 BEDROOMS, 2 BATHROOMS, AND APPROXIMATELY 1,300 SQUARE FEET OF LIVING SPACE, CURRENTLY RENTING FOR $1,500 PER MONTH. UNIT B OFFERS 2 BEDROOMS, 1 BATHROOM, AND APPROXIMATELY 828 SQUARE FEET, CURRENTLY RENTING FOR $1,200 PER MONTH. EACH UNIT ENJOYS ITS OWN DESIGNATED BACKYARD AREA, PROVIDING TENANTS WITH SEPARATE OUTDOOR SPACES. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES, MAKING THIS AN APPEALING ADDITION TO AN INVESTMENT PORTFOLIO. ADDITIONAL INVESTMENT OPPORTUNITY: THIS PROPERTY IS PART OF A FOUR-DUPLEX INVESTMENT PORTFOLIO, WITH EACH PROPERTY AVAILABLE FOR INDIVIDUAL PURCHASE. THE SELLER WILL ALSO CONSIDER PACKAGE OFFERS. ADDITIONAL PROPERTIES INCLUDE 204 CENTRAL AVENUE, SUFFOLK (MLS# 10656924) OFFERED AT $245,000; 1725/1727 PRENTIS AVENUE, PORTSMOUTH (MLS# 10656902) OFFERED AT $260,000; AND 1622 PRENTIS AVENUE, PORTSMOUTH (MLS# 10656915) OFFERED AT $250,000. THIS PROPERTY, 1551 SPRUCE STREET (MLS# 10656917), IS OFFERED INDIVIDUALLY AT $280,000. PURCHASE ALL FOUR DUPLEXES AT A DISCOUNTED PACKAGE PRICE OF $1,000,000! AN OPPORTUNITY TO EXPAND YOUR RENTAL PORTFOLIO WITH MULTIPLE INCOME-PRODUCING PROPERTIES ACROSS HAMPTON ROADS.
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- Listing Price
- $280,000
- MLS#
- 10656917
- Listing Status
- Active
- Listing Type
- Multi-Family Residential
- Property Type
- Multi Family Residential
- Subdivision Name
- COLEMAN PLACE
- Neighborhood Name
- Null
- Area Name
- 12 - East Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R-11
- Year Built
- 1951
- Listing Office
- Coastal Group Inc.
- Added to Website
- Oct 8, 2026
(2 weeks ago)
- Bedrooms
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Number of Rooms
- Living Space
- 2,100 sqft
- Levels
- 0.0
- Architecture
- Over Under
- Roof
- Asphalt Shingle
- Exterior Covering
- Clapboard
- Foundation
- Crawl
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $2,312.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Flooring
- EMPTY
- Water Heater Type
- Electric
- Water Type
- City/County
- Fence
- None
- Parking
- EMPTY
- Waterfront
- No
- Water Description
- Not Waterfront
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Coleman Place Elementary (0.3 mi)
2445 Palmyra St.
Norfolk, VA 23513
(757) 852-4641 - Middle School
-
Norview Middle (1.8 mi)
6325 Sewells Point Rd
Norfolk, VA 23513
(757) 852-4600 - High School
-
Booker T Washington High (2 mi)
1111 Park Ave
Norfolk, VA 23504
(757) 628-3575 -
Norfolk Montessori Academy (1 mi)
979 Ingleside Rd, Norfolk, VA 23502
(757) 455-6786 -
Christ The King Catholic School (1.8 mi)
3401 Tidewater Dr, Norfolk, VA 23509
(757) 625-4951 -
Faith Academy School Of Excellence (2.2 mi)
1010 E 26th St, Norfolk, VA 23504
(757) 624-1724 -
Norfolk Academy (2.3 mi)
1585 Wesleyan Dr, Norfolk, VA 23502
(757) 461-6236 -
St Peter's Episcopal Day School (2.6 mi)
224 S Military Hwy, Norfolk, VA 23502
(757) 466-9392
Private Schools
| Total Population | 18,938 |
|---|---|
| Median Commute Time | 19 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 38 yrs |
| Residential Turnover Rate | 21% |
| Median Home Sales Price | $148,250 |
| Average Home Sales Price | $156,792 |
| Average Home Property Tax | $2,117 |
| Crime Risk Index | 258/100 |
| Air Pollution Index | 90/100 |
| Family Households | 5,206/8,004 (65.0%) |
| Households w/ Children | 2,652/8,004 (33.1%) |
| Average Family Size | 3 |
| Population Density | 1,874/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $49,323 |
| Per Capita Income | $26,027 |
| White Collar Jobs | 19,398% |
| Overall Weather Risk | 197/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,166
- Taxes*:
- $193
- Insurance*:
- $75
- Total Monthly Payment:
- $1,433
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This home located at 1551 Spruce Street, Norfolk, VA 23502 has approximately 2,100 square feet. It is currently listed for $280,000 and has a price per sqft of $13,333. This home is currently Active under the MLS#: 10656917. This listing is provided by Coastal Group Inc..
1551 Spruce Street Street, Norfolk was built in 1951. It has parking.
1551 Spruce Street is part of the Coleman Place neighborhood located in 23502.
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