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765 48th St

Norfolk, VA 23508
  • $1,600,000
  • STATUS: Active Under Contract
  • ON SITE: 71 Days
  • ID#: 10634189
Under Contract
UPDATED: 71 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,810
    SQFT
  • $420
    $/SQFT
Neighborhood:
Highland Park West
Type:
Multi-Family
Built:
1920
Area:
11 - West Norfolk

School Information

Elementary School:
Larchmont Elementary
Middle School:
Blair Middle
High School:
Maury
School Ratings & Info

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.

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765 48th St Norfolk, VA 23508

  • Price: $1,600,000
  • Status: Active Under Contract
  • On Site: 71 Days
  • Updated: 71 min ago
  • ID#: 10634189
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,810
SQFT
$420
$/SQFT
1920
Built
Neighborhood:
Highland Park West
Area:
11 - West Norfolk
Elementary School:
Larchmont Elementary
Middle School:
Blair Middle
High School:
Maury
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.
Exterior Features

Exterior Siding ShingleVinyl Fence Description Back FencedFullWood Fence Foundation Type Basement Lot Features Shed Roof Asphalt Shingle Style Converted S.F. Waterfront Description BulkheadDockDeep Water AccessDeep WaterNavigableRiver Waterfront YN Yes

Interior Features

Water Heater Type Electric

Property Features

Contingencies Home/EIFS Insp. Con. Contingency Exists Contingent Disclosure Disclosure Statement Meters Separate All New Construction YN No Ownership Type Simple Possession SETTLEMENT Sewer Type City/County Tax Amount Approx 9826 Water Type City/County Zoning C-2

Real Estate Information Network logoListing provided courtesy of Iron Valley Real Est Norfolk: 757-900-4873
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


Real Estate Information Network logo© 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 the listing information directly with the listing agent. © 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-07-22T17:35:53.587.
 
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