765 48th ST, Norfolk, VA 23508
765 48th ST, Norfolk, VA 23508
765 48th ST, Norfolk, VA 23508
765 48th ST, Norfolk, VA 23508
765 48th ST, Norfolk, VA 23508
765 48th ST, Norfolk, VA 23508
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$ 1,600,000
Est. payment | /mo

3,810 SqFt


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$ 1,600,000
Est. payment | /mo
Save

3,810 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,810 sqft

Price per Sqft $419

Subdivision Highland Park West

MLS Listing ID 10634189

Style Converted S.F.

HOA Y/N No

Year Built 1920

Annual Tax Amount $9,826

Lot Size 3810.000 Acres

Property Sub-Type Quadruplex

Property Description

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.

Location

State VA

County Norfolk

Area 11 - West Norfolk

Zoning C-2

Interior

Hot Water Electric

Exterior

Fence Back Fenced, Full, Wood Fence

Waterfront Description Bulkhead,Dock,Deep Water Access,Deep Water,Navigable,River

Roof Type Asphalt Shingle

Building

Lot Description Shed

Foundation Basement

Sewer City/County

Water City/County

Schools

Elementary Schools Larchmont Elementary

Middle Schools Blair Middle

High Schools Maury

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Real Estate Information Network (REIN)
Listed by Iron Valley Real Est Norfolk

Nearby Locations

MJ Pettigrew
MJ Pettigrew

Broker Associate | License ID: 0225232144

+1(757) 218-8706 | info@teamgrew.com

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765 48th ST