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2707 Pretty Lake Avenue, Norfolk, VA 23518

Local realty services provided by:CENTURY 21 Realty @ Home
2707 Pretty Lake Avenue,Norfolk, VA 23518
$280,000
  • - Beds
  • - Baths
  • 1,300 sq. ft.
  • Multi-family
  • Pending
Listed by: steven southerland
Office: southerland real estate inc.
MLS#:10610435
Source:VA_REIN

Price summary

  • Price:$280,000
  • Price per sq. ft.:$215.38

About this home

Strategically positioned near the Chesapeake Bay, this side-by-side duplex presents a compelling acquisition for investors seeking both stability and upside. Built on a slab foundation and featuring a roof approximately 12 years old, the property offers a solid structural baseline for long-term portfolio growth. Both front units include desirable features—such as in-unit washer and dryer, tiled kitchens, and wood-laminate flooring—supporting strong demand and minimal turnover. At the rear of the property sits a 300 sq. ft. structure ideal for conversion into an ADU, creating an immediate value-add pathway and a significant boost to overall asset performance once completed. The property’s large lot, partial waterfront views, and proximity to key amenities position it well for future appreciation and expanded development options. Investors will appreciate the versatility, scalability, and multiple income-stream configurations this asset can support.

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Home facts

  • Year built:1950
  • Listing ID #:10610435
  • Updated:December 14, 2025 at 08:49 AM

Rooms and interior

  • Living area:1,300 sq. ft.

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1950
  • Building area:1,300 sq. ft.

Schools

  • High school:Norview
  • Middle school:Azalea Gardens Middle
  • Elementary school:Norview Elementary

Utilities

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

Finances and disclosures

  • Price:$280,000
  • Price per sq. ft.:$215.38
  • Tax amount:$3,091
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