New Listing
$280,000
 $1,503 est/mo Sourced by Back At You

1551 Spruce Street St,Norfolk, VA 23502

Norfolk, VA 23502

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Description

Discover a fantastic investment opportunity at 1551 Spruce Street in Norfolk! This side-by-side duplex offers two distinct rental units with a combined monthly rental income of $2,700. Unit A features 3 bedrooms, 2 bathrooms, and approximately 1,300 square feet of living space, currently renting for $1,500 per month. Unit B offers 2 bedrooms, 1 bathroom, and approximately 828 square feet, currently renting for $1,200 per month. Each unit enjoys its own designated backyard area, providing tenants with separate outdoor spaces. Tenants are responsible for all utilities, making this an appealing addition to an investment portfolio. Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; and 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000. This property, 1551 Spruce Street (MLS# 10656917), is offered individually at $280,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

Details

MLS #10656917
Listing TypeFor Sale
Sub-TypeResale
StatusNew Listing
Year1951
Days On Site2
Listing Provided ByCoastal Group Inc. | Alex Winfield

Features

SQ Feet2,100
ZoningR-11
Water FrontNot Waterfront

Interior

Water Heater TypeElectric

Exterior

Exterior SidingClapboard
Fence DescriptionNone
RoofAsphalt Shingle

Utilities

Sewer TypeCity/County
Water TypeCity/County

Taxes

Property2312

Area Information

StateVA
CountyNorfolk VA
CityNorfolk
Zip Code23502
Area12 East Norfolk
Community NameCOLEMAN PLACE
School DistrictBT Washington
Elementary SchoolColeman Place Elementary
High SchoolBT Washington
Listing VS Median (in COLEMAN PLACE)
Price:
$280,000
low | high
Med:
$255,000
58.928571428571% of Average
sqft:
2,100
low | high
Med:
1,470
80% of Average
$ / sqft:
$133
low | high
Med:
$174
19.234800838574% of Average
On site:
2
low | high
Med:
15
13.333333333333% of Average
Sourced by Back At You

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Learn More About This Property

StateVA
CountyNorfolk VA
CityNorfolk
Zip Code23502
Area12 East Norfolk
Community NameCOLEMAN PLACE
School DistrictBT Washington
Elementary SchoolColeman Place Elementary
High SchoolBT Washington
Listing VS Median (in COLEMAN PLACE)
Price:
$280,000
low | high
Med:
$255,000
58.928571428571% of Average
sqft:
2,100
low | high
Med:
1,470
80% of Average
$ / sqft:
$133
low | high
Med:
$174
19.234800838574% of Average
On site:
2
low | high
Med:
15
13.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $210K - $350K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1557 Birch ST Property Photo 1
$260,000
1557 Birch St
Norfolk, VA 23502
Listing Updated: October 9, 2026 at 11:51:09 AM PDT

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