7449 Fenner Street, Norfolk, VA 23505
- $580,000
- 2,872
- SqFt
- Sold Price
- $580,000
- Status
- SOLD
- MLS#
- 10619557
- Closing Date
- May 27, 2026
- Year Built
- 1987
- Style
- Over/Under
- Living Area
- 2,872
- County
- Norfolk VA
- City
- Norfolk
- Subdivision
- Miller Heights
- Neighborhood
- Miller Heights
Property Description
Income-producing fourplex with projected gross rents of $4,540/month ($54,480 annually). Recent capital improvements include new roof and gutters (Dec 2025), exterior pressure washing, and storm doors. Each unit offers approximately 718 square feet with 2 BRs and 1 BA. Units 1 and 3 are leased at $1,095/month and Unit 2 is leased at $1,150/month. Unit 4 is currently vacant and offered at $1,200/month, providing immediate leasing or owner-occupant opportunity. Updates in Unit 2 include new LVP and carpet, fresh paint, updated bath fixtures and vanity, select replacement windows, newer baseboard heaters, A/C unit, and appliances. Similar updates completed in other units. All units are separately metered with tenants responsible for utilities, helping reduce operating expenses. First-floor storage room with W/D hookup provides additional utility. Three units currently leased with in-place income. Solid investment opportunity for portfolio expansion or entry into multi-family ownership.
Additional Information
- Roof
- Composite
- Exterior
- Brick, Vinyl
- Waterfront Description
- Not Waterfront
- Sewer
- City/County
- Elementary School
- Suburban Park Elementary
- Middle School
- Northside Middle School
- High School
- Granby
- Contingency Exists
- Non Contingent
- Days on Market
- 78
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Listing courtesy of Greenbrier Real Estate & Appr.. Selling Office: .
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