Address
1400 Melrose Pw, Norfolk, VA
Price
$ 335,000
Property Attributes
- MLS#10649799
- TypeSingle Family
- Listing Status Active
- CountyNORFOLK CITY
- CityNorfolk
- AreaWest Norfolk
- NeighborhoodEdgemere
- Zip23508
- StyleBungalow
- Year Built1927
- Taxes$ 4053
- Price$ 335,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1480
- Lot Size0.119 Acres
Data Source:
Real Estate Information Network (REIN)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Larchmont Elementary | Blair Middle | Maury High School |
General Features
| Heating | Forced Hot Air,Nat Gas |
|---|---|
| Water Type | City/County |
| Cooling | Central Air,Window/Wall |
| Ownership Type | Simple |
| Waterfront Description | Not Waterfront |
| Roof | Asphalt Shingle |
| Appliances | 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Gas Range,Refrigerator,Washer |
| Parking | 3 Space,Off Street,Driveway Spc,Street |
| Style | Bungalow |
| Property Type | Residential |
| Area | 11 - West Norfolk |
| Subdivision Name | LARCHMONT |
| Sub Type | Detached |
| Neighborhood Name | EDGEMERE |
| Elementary School | Larchmont Elementary |
| High School | Maury |
| Middle School | Blair Middle |
| Non | Non Contingent |
Interior Features
| Interior Features | Fireplace Decorative |
|---|---|
| Water Heater Type | Gas |
| Other Rooms | 1st Floor BR,Porch,Utility Room |
| Flooring Type | Ceramic,Wood |
| Fireplaces | 1 |
Exterior Features
| Fence Description | Back Fenced,Chain Link |
|---|---|
| Sewer Type | City/County |
| Siding | Aluminum,Brick |
| Fence? | Yes |
| Foundation | Crawl |
| Pool | No Pool |
| Garage Square Feet | 198 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 23508
Visits
Copyright© 2026 REIN Inc. Information Deemed Reliable But Not Guaranteed. 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
