$225,000 | 435 Monticello Avenue Unit 300C Norfolk, VA 23510
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY CONVENIENTLY LOCATED NEAR THE SCOPE ARENA, THE NORVA, AND THE CHRYSLER MUSEUM OF ART, THIS COMPLETELY RENOVATED 1,180-SQUARE-FOOT UNIT DELIVERS IMMEDIATE $2,250/MONTH CASH FLOW. OFFERED AT $250,000, THIS TURNKEY INVESTMENT FEATURES A RELIABLE TENANT CURRENTLY IN PLACE ON A FLEXIBLE MONTH-TO-MONTH AGREEMENT, PROVIDING AN EXCELLENT OPPORTUNITY FOR RENTAL INCOME FROM DAY ONE WITH FUTURE LEASE FLEXIBILITY. THE PROPERTY HAS BEEN FULLY UPDATED WITH BRAND-NEW FLOORS, PAINT, AND FINISHES THROUGHOUT, AND INCLUDES A WELL-MAINTAINED HVAC SYSTEM ON A REGULAR SERVICE PLAN ALONG WITH ONE DEDICATED PARKING SPACE. POSITIONED IN A PREMIUM DOWNTOWN LOCATION, THIS PROPERTY ENSURES STRONG LONG-TERM RENTAL DEMAND IN THE HEART OF NORFOLK’S ENTERTAINMENT DISTRICT. WITH ZERO ADDITIONAL INVESTMENT NEEDED, THE PROPERTY IS MOVE-IN READY AND GENERATING REVENUE FROM THE MOMENT YOU CLOSE. THE MOTIVATED SELLER IS LOOKING FOR A SMOOTH TRANSACTION. THIS IS AN OUTSTANDING OPPORTUNITY TO ADD INCOME AND A HIGHLY DESIRABLE ASSET TO YOUR PORTFOLIO IN ONE OF NORFOLK'S MOST SOUGHT-AFTER RENTAL MARKETS. CONTACT US TODAY TO LEARN MORE!
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- Listing Price
- $225,000
- MLS#
- 10644320
- Listing Status
- Active
- Listing Type
- Residential
- Property Type
- Attached Residential
- Subdivision Name
- DOWNTOWN AREA
- Neighborhood Name
- WELTON LOFTS
- Area Name
- 11 - West Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Condo
- Zoned
- D-3
- Year Built
- 1920
- Listing Office
- KW Metro Center
- Added to Website
- Jul 18, 2026
(3 weeks ago)
- Acres
- 0.0111
(484 sqft) - Bedrooms
- 1
- Full Bathrooms
- 1
- Half Bathrooms
- 1
- Number of Rooms
- 5
- Living Space
- 1,132 sqft
- Levels
- 1.0
- Architecture
- Mid Rise
- Roof
- Poly Skin
- Exterior Covering
- Brick
- Foundation
- Slab
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $3,403.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Amenities
- Elevator, Security, Sewer, Trash Pickup, Water
- Internal Features
- Walk-In Closet
- Flooring
- Ceramic, Concrete
- Heating
- Electric
- Cooling
- Central Air
- Water Heater Type
- Electric
- Water Type
- City/County
- Appliances
- Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
- Exterior Description
- Corner
- Fence
- None
- Parking
- Off Street
- Waterfront
- No
- Water Description
- Not Waterfront
- Pool Description
- No Pool
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Walter Herron Taylor Elementary (1.5 mi)
1122 W. Princess Anne Road
Norfolk, VA 23507
(757) 628-2525 - Middle School
-
Blair Middle (1.2 mi)
730 Spotswood Ave
Norfolk, VA 23517
(757) 628-2400 - High School
-
Matthew Fontaine Maury High (0.9 mi)
322 Shirley Ave
Norfolk, VA 23517
(757) 628-3344 -
First Baptist Ready Academy Christian School (0.3 mi)
418 E Bute St, Norfolk, VA 23510
(757) 622-5650 -
Ghent Montessori School (0.4 mi)
610 Mowbray Arch, Norfolk, VA 23507
(757) 622-8174 -
The Williams School (0.6 mi)
419 Colonial Ave, Norfolk, VA 23507
(757) 627-1383 -
Yeshiva Aish Kodosh Talmudical Academy (0.6 mi)
612 Colonial Ave, Norfolk, VA 23507
(757) 623-6070 -
First Presbyterian Preschool (0.7 mi)
820 Colonial Ave, Norfolk, VA 23507
(757) 625-0667
Private Schools
| Total Population | 6,641 |
|---|---|
| Median Commute Time | 16 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 38 yrs |
| Residential Turnover Rate | 25% |
| Median Home Sales Price | $242,225 |
| Average Home Sales Price | $269,308 |
| Average Home Property Tax | $4,351 |
| Crime Risk Index | 215/100 |
| Air Pollution Index | 83/100 |
| Family Households | 1,255/2,987 (42.0%) |
| Households w/ Children | 606/2,987 (20.3%) |
| Average Family Size | 2 |
| Population Density | 5,904/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $53,199 |
| Per Capita Income | $40,470 |
| White Collar Jobs | 23,170% |
| Overall Weather Risk | 187/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $937
- Taxes*:
- $284
- Insurance*:
- $75
- Total Monthly Payment:
- $1,295
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This 1 bedroom, 2 bathroom home located at 435 Monticello Unit 300C, Norfolk, VA 23510 has approximately 1,132 square feet. It is currently listed for $225,000 and has a price per sqft of $19,876. This home is currently Active under the MLS#: 10644320. This listing is provided by KW Metro Center.
435 Monticello Avenue, Norfolk was built in 1920. It has Off Street parking.The kitchen includes Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup.
435 Monticello is part of the Downtown Area neighborhood located in 23510.
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