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1400 Melrose Parkway, Norfolk, VA 23508

Norfolk
Local realty services provided by:CENTURY 21 Together
1400 Melrose Parkway,Norfolk, VA 23508
$335,000
  • 4 Beds
  • 2 Baths
  • 1,480 sq. ft.
  • Single family
  • Active
Listed by: constance hebert
Office: own real estate llc
MLS#:10649799
Source:VA_REIN

Price summary

  • Price:$335,000
  • Price per sq. ft.:$226.35

About this home

INVESTMENT OPPORTUNITY NEAR ODU WITH TENANTS IN PLACE! Add a Norfolk rental property to your portfolio with immediate income from day one. This 4-bedroom, 2-bath bungalow is currently leased through June 2027 at $2,500 per month, eliminating the need to immediately locate and place tenants. Located just a few minutes walk from Old Dominion University and a few minutes drive to Naval Station Norfolk, area shipyards, downtown Norfolk and major interstates, the property is well positioned in an area with multiple sources of rental demand. The home offers approximately 1,480 square feet and features a renovated kitchen, hardwood floors, spacious living areas, an upstairs bath, fenced yard, detached storage and ample off-street parking. Whether you're expanding an existing portfolio or purchasing your first investment property, this is an opportunity to acquire an income-producing property with tenants already in place.

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Home facts

  • Year built:1927
  • Listing ID #:10649799
  • Updated:October 27, 2026 at 09:28 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:7
  • Flooring:Ceramic, Wood
  • Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Bedroom Description:1st Floor Bedroom
  • Living area:1,480 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window/Wall
  • Heating:Forced Hot Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1927
  • Building area:1,480 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Aluminum, Brick
  • Foundation Description:Crawl
  • Levels:2 Story

Schools

  • High school:Maury
  • Middle school:Blair Middle
  • Elementary school:Larchmont Elementary

Utilities

  • Water:City/County, Water Heater - Gas
  • Sewer:City/County

Finances and disclosures

  • Price:$335,000
  • Price per sq. ft.:$226.35
  • Tax amount:$4,053

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Dryer, Fireplace Decorative, Washer
  • Amenities:Fireplace Decorative

Parking

  • Parking description:3 Space, Driveway Space, Off Street, Street
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: October 27, 2026 This application does not include information on all of the properties available for sale at this time. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed. VA_REIN Member Broker: Lakisha N. Brown

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