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765 48th Street, Norfolk, VA 23508

Norfolk
Local realty services provided by:CENTURY 21 Realty @ Home
765 48th Street,Norfolk, VA 23508
$1,600,000
  • - Beds
  • - Baths
  • 3,810 sq. ft.
  • Multi-family
  • Active
Listed by: julian rivera
Office: iron valley real est norfolk
MLS#:10634189
Source:VA_REIN

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$419.95

About this home

Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.

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Home facts

  • Year built:1920
  • Listing ID #:10634189
  • Updated:October 01, 2026 at 09:41 AM

Rooms and interior

  • Living area:3,810 sq. ft.

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Building area:3,810 sq. ft.
  • Lot Features:Shed
  • Architectural Style:Converted S.F.
  • Construction Materials:Shingle, Vinyl
  • Foundation Description:Basement

Schools

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

Utilities

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

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$419.95
  • Tax amount:$9,826
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