$529,000 | 433 Rhode Island Avenue Norfolk, VA 23508

BEDS: BATHS: SQFT: 3,350
Description for 433 Rhode Island

COME SEE THIS CHARMING SPANISH STYLE HOME LOCATED IN THE VERY SOUGHT AFTER COLONIAL PLACE NEIGHBORHOOD. THIS DUPLEX IS IDEAL FOR RENTAL INCOME OR MULTI-GENERATIONAL LIVING AND HAS BEEN USED FOR BOTH. THE UPSTAIRS UNIT FEATURES 3 BEDROOMS AND 2.5 BATHS, WHILE THE DOWNSTAIRS UNIT FEATURES 2 BEDROOMS AND 1 BATH. THE GENEROUS LIVING AREAS ARE IDEAL FOR FAMILY GATHERINGS WITH WONDERFUL SUNROOMS IN EACH UNIT. MODERN APPLIANCES AND UPDATED KITCHENS. APPROXIMATELY $265K IS ASSUMABLE AT A 4.375 INTEREST RATE. FLOOD INSURANCE APPROXIMATELY $600 PER YEAR. EXTERIOR STUCCO PAINTED IN 2023, NEW ASPHALT ROOFS (OVER SUNROOM AND FRONT PORCH) IN 2022, NEW SPLIT UNIT AC FOR DOWNSTAIRS UNIT IN 2021, NEW KITCHEN FLOOR AND APPLIANCES IN DOWNSTAIRS UNIT IN 2021, NEW SUMP PUMPS INSTALLED IN 2024. ALL APPLIANCES CONVEY. GREENHOUSE CAN STAY OR BE REMOVED. CURRENT RENT IS $1950 UPSTAIRS AND $1500 DOWNSTAIRS. GAS AND ELECTRIC METERED SEPARATELY, WATER COMBINED, TENANTS PAY. PROPERTY BEING SOLD AS IS.

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Property Details for 433 Rhode Island, Norfolk, VA 23508
Listing Price
$529,000
MLS#
10557930
Listing Status
Active
Listing Type
Multi-Family Residential
Property Type
Multi Family Residential
Subdivision Name
COLONIAL PLACE
Neighborhood Name
COLONIAL PLACE
Area Name
11 - West Norfolk
Disclosure
none
Contigencies
none
Ownership
Simple
Zoned
R-8
Year Built
1939
Listing Office
Wainwright Real Estate
Added to Website
Nov 5, 2024
(2 weeks ago)
Bedrooms
Full Bathrooms
0
Half Bathrooms
0
Number of Rooms
Living Space
3,350 sqft
Levels
0.0
Architecture
Over Under
Roof
Asphalt Shingle,Poly Skin
Exterior Covering
Stucco, Vinyl
Foundation
Crawl
Sewer
City/County
Noise Zone
-65 Ldn
Crash Zone
None
Taxes*
$4,350.00/yr

*Tax information provided by listing agent. Please independently verify this information.

Flooring
EMPTY
Water Heater Type
Electric
Water Type
City/County
Fence
Partial
Parking
EMPTY
Waterfront
No
Water Description
Not Waterfront

Public Schools

School District
Norfolk Public Schools
Elementary School
Granby Elementary (1.5 mi)
7101 Newport Ave
Norfolk, VA 23505
(757) 451-4150
Middle School
Blair Middle (1.4 mi)
730 Spotswood Ave
Norfolk, VA 23517
(757) 628-2400
High School
Matthew Fontaine Maury High (1.5 mi)
322 Shirley Ave
Norfolk, VA 23517
(757) 628-3344

Private Schools

Roadstead Montesorri High School (0.1 mi)
517 Rhode Island Ave, Norfolk, VA 23508
(757) 319-0663
Mcdonald Montessori School (0.2 mi)
4200 Granby St, Norfolk, VA 23504
(757) 423-1800
Park Place School (0.6 mi)
509 W 35th St, Norfolk, VA 23508
(757) 624-3473
Tabernacle Christian Academy & Revelator Childcare (0.8 mi)
3611 Colley Ave, Norfolk, VA 23508
(757) 625-4977
St Patrick Catholic School (0.9 mi)
1000 Bolling Ave, Norfolk, VA 23508
(757) 440-5500
Map of 433 Rhode Island, Norfolk, VA 23508
Recent Home Sales Near 433 Rhode Island, Norfolk, VA 23508
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Community Profile for zip code 23508
Total Population 19,046
Median Commute Time 17 mins
Median Years in Residence 3 yrs
Median Home Age 52 yrs
Residential Turnover Rate 21%
Median Home Sales Price $195,000
Average Home Sales Price $222,655
Average Home Property Tax $3,024
Crime Risk Index 294/100
Air Pollution Index 82/100
Family Households 3,487/6,358 (54.8%)
Households w/ Children 1,749/6,358 (27.5%)
Average Family Size 3
Population Density 5,413/sq. mi.
Median Age 0.99 yrs
Median Household Income $48,452
Per Capita Income $26,456
White Collar Jobs 4,790%
Overall Weather Risk 185/100
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30 year fixed interest mortgage with 10% downpayment:

Principal and interest:
$2,202
Taxes*:
$363
Insurance*:
$75

Total Monthly Payment:
$2,640
Featured Listings

This home located at 433 Rhode Island, Norfolk, VA 23508 has approximately 3,350 square feet. It is currently listed for $529,000 and has a price per sqft of $15,791. This home is currently Active under the MLS#: 10557930. This listing is provided by Wainwright Real Estate.

433 Rhode Island Avenue, Norfolk was built in 1939. It has parking.

433 Rhode Island is part of the Colonial Place neighborhood located in 23508.

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