$300,000 | 517 W 29th Street Norfolk, VA 23508
ARE YOU ARE LOOKING TO SUPERCHARGE YOUR INVESTMENT PORTFOLIO? THIS VACANT DUPLEX IS THE ULTIMATE FIND. GREAT FOR AN OWNER-OCCUPANT WHO WANTS TO LIVE IN ONE SIDE WHILE LETTING THE OTHER UNIT HELP PAY THE MORTGAGE, OR FOR A SAVVY INVESTOR LOOKING TO COMMAND STRONG MARKET RENTS FROM DAY ONE.THE UPSTAIRS UNIT OFFER FRESH INTERIOR PAINT AND BRAND-NEW CARPETING. BECAUSE BOTH UNITS ARE ENTIRELY VACANT, YOU AVOID THE HEADACHE OF INHERITED TENANT ISSUES AND CAN PICK YOUR OWN RESIDENTS OR MOVE RIGHT IN IMMEDIATELY.SITUATED IN A HIGHLY DESIRABLE, HIGH-DEMAND RENTAL POCKET, THIS PROPERTY OFFERS UNBEATABLE CONVENIENCE. YOU ARE JUST MINUTES AWAY FROM OLD DOMINION UNIVERSITY (ODU), THE VIBRANT STREETS OF GHENT, HISTORIC COLONIAL PLACE, AND THRIVING DOWNTOWN NORFOLK. COMMUTING IS AN ABSOLUTE BREEZE WITH INSTANT ACCESS TO LOCAL TUNNELS, MAJOR HIGHWAYS, AND A VARIETY OF PREMIER SHOPPING AND DINING DESTINATIONS. DON'T MISS OUT ON THIS RARE, VERSATILE INCOME-PRODUCER—SCHEDULE YOUR TOUR TODAY!
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- Listing Price
- $300,000
- MLS#
- 10657601
- Listing Status
- Active
- Listing Type
- Multi-Family Residential
- Property Type
- Multi Family Residential
- Subdivision Name
- PARK PLACE - 187
- Neighborhood Name
- Null
- Area Name
- 11 - West Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R-11
- Year Built
- 1912
- Listing Office
- Iron Valley Real Estate HR
- Added to Website
- Oct 13, 2026
(2 weeks ago)
- Bedrooms
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Number of Rooms
- Living Space
- 2,158 sqft
- Levels
- 0.0
- Architecture
- Over Under
- Roof
- Asphalt Shingle
- Exterior Covering
- Vinyl, Wood
- Foundation
- Crawl
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- Taxes*
- $3,050.00/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,Chain Link
- Parking
- EMPTY
- Waterfront
- No
- Water Description
- Not Waterfront
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
James Monroe Elementary (0.1 mi)
520 W 29th St
Norfolk, VA 23508
(757) 628-3500 - Middle School
-
Blair Middle (0.6 mi)
730 Spotswood Ave
Norfolk, VA 23517
(757) 628-2400 - High School
-
Matthew Fontaine Maury High (0.7 mi)
322 Shirley Ave
Norfolk, VA 23517
(757) 628-3344 -
Park Place School (0.2 mi)
509 W 35th St, Norfolk, VA 23508
(757) 624-3473 -
Tabernacle Christian Academy & Revelator Childcare (0.4 mi)
3611 Colley Ave, Norfolk, VA 23508
(757) 625-4977 -
Bina High School (0.6 mi)
425 Washington Park, Norfolk, VA 23517
(757) 627-2462 -
Roadstead Montesorri High School (0.8 mi)
517 Rhode Island Ave, Norfolk, VA 23508
(757) 319-0663 -
Faith Academy School Of Excellence (0.9 mi)
1010 E 26th St, Norfolk, VA 23504
(757) 624-1724
Private Schools
| 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 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,249
- Taxes*:
- $254
- Insurance*:
- $75
- Total Monthly Payment:
- $1,578
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This home located at 517 W 29th, Norfolk, VA 23508 has approximately 2,158 square feet. It is currently listed for $300,000 and has a price per sqft of $13,902. This home is currently Active under the MLS#: 10657601. This listing is provided by Iron Valley Real Estate HR.
517 W 29th Street, Norfolk was built in 1912. It has parking.
517 W 29th is part of the Park Place - 187 neighborhood located in 23508.
Browse more real estate in Norfolk
View homes in 23508
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