859 Lexington Street Norfolk, VA $ 199,000
859 Lexington Street
$ 199,000
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859 Lexington Street

Norfolk, VA, 23504
$ 199,000
Bedrooms-- Baths0.0 Sq 2,400

Monthly Estimate*

$ 1,374

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Multi-Family Home for sale in Norfolk, VA

for $199,000. This 2,400 square foot home was built in 1899 on a lot size of 0.0693.

Cash buyers only- Investor Special! Don't miss this cash-flow opportunity in a rapidly growing area of Norfolk. This duplex requires only cosmetic updates, making it the perfect value-add investment for your rental portfolio or fix-and-hold strategy. With solid bones and strong rental potential, this property offers the chance to build equity without a major renovation. Located just 15 minutes from the beach, with convenient access to military bases, shopping, dining, downtown Norfolk, and major interstates, the location is ideal for attracting long-term tenants. Whether you're a seasoned investor or looking to expand your portfolio, this is an excellent opportunity to own an income-producing property in a high-demand rental market. Sold As-Is. Inspection is for informational purposes only. Schedule your showing today!

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Multi-Family Active

Price

$ 199,000

Property Type

Multi-Family

Taxes

$ 2,862

Style

Lot Size

0.0693

Year Built

1899

Town/City

Norfolk

County/Region

Norfolk City

MLS | Web ID

2617834

Features
General
Sewer Public Sewer
Roof Shingle
Architectural Style Two Story
Construction Materials Brick Vinyl Siding
Year Built 1899
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2025
Percent Ownership Individuals
County Norfolk
Property Type Residential Income
Subdivision Name None
Garage Y/N false
Full Baths 0
Status Active
High School Lake Taylor
Disclosures Disclosure on File
Zoning Description R-8
NumberOfUnitsTotal 0
MLS Area 128 - Norfolk
Lot Size Units Acres
Waterfront Y/N false
Elementary School Bay View
Year Built Details Actual
Tax Annual Amount 2862.2
Middle/Junior High School Lake Taylor
Days on Market 41
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 232700
Tax Lot 16
Ownership Type Sole Proprietor
Property Sub Type Additional Duplex
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Interior
Total Stories 2
Basement (Y/N) false
Half Baths 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.0693
Lot Size Acres 0.0693
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* Excluded Features
List By
Jasmine Douglas

Listing Agent

Next Level Real Estate Group Llc

Broker

douglas.jasmine03@yahoo.com

Email

Affordability Calculator

$1,613
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,374
Monthly Property Taxes
$239
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Lake Taylor High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2026$199,000 -2.93% Price Down
7/24/2026$205,000 -4.61% Price Down
7/21/2026$214,900 -0.05% Price Down
6/30/2026$215,000 Listed Price

Map


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859 Lexington Street, Norfolk, VA, 23504 is a Multi-Family Home for sale at $199,000 with 2,400 sqft and a lot size of 0.0693. 859 Lexington Street has 0.0 baths and was built in 1899. The property's zip code is 23504 which is in Norfolk, VA