$275,000 | 2229 Reservoir Avenue Norfolk, VA 23504
INVESTMENT OPPORTUNITY! THIS FULLY OCCUPIED NORFOLK DUPLEX OFFERS IMMEDIATE RENTAL INCOME WITH BOTH UNITS CURRENTLY LEASED AND GENERATING INCOME. PRICED AT $275,000, THE PROPERTY FEATURES A 3 BEDROOM, 1 BATH DOWNSTAIRS AND A 2 BEDROOM, 1 BATH UPSTAIRS UNIT. WITH TENANTS ALREADY IN PLACE, INVESTORS CAN STEP INTO AN INCOME PRODUCING PROPERTY WITHOUT STARTING FROM SCRATCH. WHETHER YOU’RE LOOKING TO ADD ANOTHER MULTIFAMILY PROPERTY TO YOUR PORTFOLIO OR MAKE YOUR FIRST INVESTMENT, THIS DUPLEX OFFERS AN OPPORTUNITY TO OWN TWO RENTAL UNITS UNDER ONE ROOF. PROPERTY BEING SOLD AS-IS. PLEASE DO NOT DISTURB TENANTS.
Ready to visit 2229 Reservoir? Request a free property tour!
Call our SH Pro Hotline: 800.656.1158
- Listing Price
- $275,000
- MLS#
- 10648954
- Listing Status
- New Listing
- Listing Type
- Multi-Family Residential
- Property Type
- Multi Family Residential
- Subdivision Name
- BARRAUD PARK
- Neighborhood Name
- Null
- Area Name
- 12 - East Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R-8
- Year Built
- 1923
- Listing Office
- Keller Williams Coastal Virginia Chesapeake
- Added to Website
- Aug 15, 2026
(6 days ago)
- Bedrooms
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Number of Rooms
- Living Space
- 1,760 sqft
- Levels
- 0.0
- Architecture
- Over Under
- Roof
- Asphalt Shingle
- Exterior Covering
- Vinyl
- Foundation
- Crawl
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $1,684.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Flooring
- EMPTY
- Water Heater Type
- Gas
- Water Type
- City/County
- Fence
- Back Fenced
- Parking
- EMPTY
- Waterfront
- No
- Water Description
- Not Waterfront
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Jacox Elementary (0.3 mi)
1300 Marshall Ave
Norfolk, VA 23504
(757) 628-2433 - Middle School
-
William H. Ruffner Middle (1.2 mi)
610 May Ave.
Norfolk, VA 23504
(757) 628-2466 - High School
-
Granby High (3.2 mi)
7101 Granby St
Norfolk, VA 23505
(757) 451-4110 -
Faith Academy School Of Excellence (1 mi)
1010 E 26th St, Norfolk, VA 23504
(757) 624-1724 -
First Baptist Ready Academy Christian School (1.3 mi)
418 E Bute St, Norfolk, VA 23510
(757) 622-5650 -
Christ The King Catholic School (1.4 mi)
3401 Tidewater Dr, Norfolk, VA 23509
(757) 625-4951 -
Norfolk Montessori Academy (1.5 mi)
979 Ingleside Rd, Norfolk, VA 23502
(757) 455-6786 -
Bina High School (1.6 mi)
425 Washington Park, Norfolk, VA 23517
(757) 627-2462
Private Schools
| Total Population | 21,776 |
|---|---|
| Median Commute Time | 20 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 44 yrs |
| Residential Turnover Rate | 19% |
| Median Home Sales Price | $103,336 |
| Average Home Sales Price | $123,489 |
| Average Home Property Tax | $1,831 |
| Crime Risk Index | 240/100 |
| Air Pollution Index | 74/100 |
| Family Households | 5,099/7,964 (64.0%) |
| Households w/ Children | 3,351/7,964 (42.1%) |
| Average Family Size | 3 |
| Population Density | 5,247/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $24,479 |
| Per Capita Income | $13,192 |
| White Collar Jobs | 5,761% |
| Overall Weather Risk | 168/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,145
- Taxes*:
- $140
- Insurance*:
- $75
- Total Monthly Payment:
- $1,360
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This home located at 2229 Reservoir, Norfolk, VA 23504 has approximately 1,760 square feet. It is currently listed for $275,000 and has a price per sqft of $15,625. This home is currently New Listing under the MLS#: 10648954. This listing is provided by Keller Williams Coastal Virginia Chesapeake.
2229 Reservoir Avenue, Norfolk was built in 1923. It has parking.
2229 Reservoir is part of the Barraud Park neighborhood located in 23504.
Browse more real estate in Norfolk
View homes in 23504
The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
© 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis. Data Last Updated: 08/21/2026 11:08 am
This application does not include information on all of the properties available for sale at this time.
Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: Recent Home Sales, Street Maps, and Street View Images. The source of these enhancements are: Onboard Infomatics and Google Maps provided by Google Inc.
Any price per square foot calculation is not provided by REIN, but by this site. Price per square foot is calculated from listing data provided by REIN. Page Render Time: 0.68s
