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Sold on 12/29/2023
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861 48th St, Norfolk, VA 23508

  • $500,000

    Last sold 12/29/2023 after 45 Days

  • —

    bed

  • —

    bath

  • 5,000

    Sqft ($100/Sqft)

Multi-family not for sale
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About 861 48th St

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Rental estimate
Property description
Great investment opportunity in this spacious duplex. Each unit offers a total of 4 bedrooms, 2 bonus rooms without closets, 3 full bathrooms, and in-unit laundry totaling 2,500 square feet of comfortable living space. Entire building totals 5,000 square feet of livable space. Located near ODU, EVMC/Sentara Norfolk General Hospital, CHKD, Norfolk Naval Bases, Colley Ave, Downtown Norfolk, and more! Each unit boasts 2,500 square feet, each with a third-floor spacious bedroom (including 3 closets!) and a spare room that could be used as an office, sunroom, or study! Brand new LVP flooring & carpet in the hallways were installed in Unit B at the beginning of Nov 2023. Unit A currently is occupied by long-time tenants with original carpeting throughout. Bathrooms and kitchens in both units have tile flooring. Contact us or your agent today to find out more information!
Listed by
Listing Agent - Mary Corliss
Listing Office - Howard Hanna Real Estate Services
Source: Central Virginia Regional MLS mls logo
MLS#REIN10510576 • last updated 1 year ago
Movoto checked Central Virginia Regional MLS for data Just now
Overview
Type Residential Income
SubType Duplex
MLS # REIN10510576
SqFt 5000
Status Closed
Annual Property Tax 4604
Year Built 1978
Property Condition Resale
Interior
Basement Crawl Space
Appliances Electric Water Heater
Exterior
Roof Asphalt, Shingle
Foundation Slab
Lot Desc Corner Lot
Amenities / Utilities
Sewer/ Septic NotConnectedAtLot, PublicSewer
Water Source Public
Location
Subdivision HIGHLAND PARK WEST
Elementary School Larchmont
High School Maury
Middle School Blair
APN 40833110
We are not permitted to show value estimates for this property.
  • Jan 2024
    Public Records
  • Jan 4, 2024 Sold
    $500,000
  • Dec 2023
    mls logo MLS # REIN10510576
  • Dec 29, 2023 Sold
    $500,000 (+1.0%)
  • Nov 14, 2023 Listed
    $495,000
  • Year Property taxes Tax assessment
  • 2024
    $5,660 +18.3%
    $452,800 +18.29%
  • 2023
    $4,785 +3.9%
    $382,800 +3.94%
  • 2022
    $4,604 +14.7%
    $368,300 +14.74%
  • 2021
    $4,013 +5.6%
    $321,000 +5.56%
  • 2020
    $3,801 +2.4%
    $304,100
  • 2019
    $3,713 +4.2%
    $304,100 +2.39%
  • 2018
    $3,563 +8.7%
    $297,000 +4.06%
  • 2016
    $3,278 -0.1%
    $285,400
  • 2013
    $3,282
    —
  • 861 48th St
    $500K
  • Highland Park
    $455K +78% y/y
  • 23508
    $415K +15% y/y
  • Norfolk
    $349K +4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Larchmont Elementary School
public Grades PK, K-5
Norfolk City Public Schools
4/10
Blair Middle School
public Grades 6-8
Norfolk City Public Schools
3/10
Maury High School
public Grades 9-12
Norfolk City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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